Bakkt to Develop Digital Asset Wallet – February 6

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $9,652

Bitcoin price has made another push to the upside, breaking through recent highs to settle above the $9,600 mark.

Top-20 altcoins have responded well, with Ethereum up 2.6%, XRP up 1.2%, and IOTA leading the way with a 5% rise.

Top Stories for February 6, 2019 πŸ”₯

πŸ‘‰ Bakkt to Develop Digital Asset Wallet

Bakkt has announced its plans to create a digital asset wallet, which will support cryptocurrencies, cash, loyalty programs, and game points.

ICE – who own Bakkt – recently acquired Bridge2 Solutions, who provide loyalty programs to major global brands.

πŸ‘‰ Analyst Warns of Potential Liquidation of $100M in BTC Longs

A cryptocurrency trader and analyst has posted an alert that $100 million in Bitcoin long positions may be liquidated in a looming Bitcoin price drop.

The trader, known simply as “Mac”, claims that $9,800 represents an important resistance level, and that a recent gap in CME futures must be filled to $8,500.

πŸ‘‰ Samsung Invests in Smart Contract Business

Samsung Venture Investments and Salesforce Ventures both recently participated in a Series-C funding round for Digital Asset, a smart-contract company.

Digital Asset created a smart-contract language called DAML, which they intend to push for industrial adoption in the near future.