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Cryptoknowmics News Headlines for 18th January, 2020

1. 36% of the US SMEs Accept Cryptocurrency Payments

A survey conducted by an American insurer, Hartford Steam Boiler, revealed that about 36% of US-based small and medium enterprises accept cryptocurrency payments. Also, 59% of these companies purchase digital currency for their use as well.

2. Fortune Recognizes Ripple As One Of The Best Workplaces In 2020

In a recent Fortune survey on the best small and medium-sized workplaces in 2020, Ripple has emerged as one of the most sought-out workplaces. Notably, Ripple is the only blockchain company on the list in 25th position.

3. Huobi and Binance Received at least 52% Illicit Bitcoin in 2019

A report by Chain analysis revealed that Binance and Huobi received at least 52% of the $2.8 billion of illicit* BTC transactions in 2019. Other exchanges accounted for 47.8% of illegal BTC transactions.

4. Binance CEO Urges Investors Not To Invest All In BNB

Binance CEO Changpeng Zhao has urged investors not to invest all their funds on its planned token BNB. He cited* the high market volatility as the prime reason for investors to diversify their assets.

5. Libra Association Forms “Technical Steering Committee”

Libra Association, the independent committee tasked at looking after Facebook's nascent crypto project Libra, has formed a 5-member “Technical Steering Committee” which will monitor technical developments of the project.

6. Huobi Joins Blockchain Turkey Platform

Popular cryptocurrency exchange Huobi has become a member of the Blockchain Turkey Platform to better coordinate with local players on blockchain efforts. Huobi’s inclusion in the platform has come five months after it had officially entered the Turkish market.

7. Maduro’s Demand for Oil Payments in Petro Halts Purchases

Nicolas Maduro’s demand for crude oil payments in Petro has taken a toll on its oil purchases. Several buyers of Venezuelan crude oil halted purchases after the Venezuelan President decreed that oil payments be made in Petro.

8. CSA Prepared New Guidance For Cryptocurrency Exchanges

Securities regulators of Canada (CSA) have prepared new guidance targeting digital asset and cryptocurrency in Canada. This is likely to bring exchanges under derivatives laws amid several cryptocurrency scams like QuadrigaCX exchange and Einstein exchange.*

9. TradeDog’s Analysis of Dash Network Helps its Subscribers Gain Massive Returns

TradeDog recently shared a comprehensive analysis of the Dash Network, which indicated a strong BUY rating. The analysis resulted in an 80% profit for Spot positions and 250% gains for futures and derivatives users.

Only Headlines

Indian Crypto Lawyer Says RBI's Failure to Regulate Caused The Ban

Paxful Considers Africa Instrumental in Global BTC Marketplace

Grayscale Marks Record-Breaking Year With Inflows Worth $600 Mln

Cryptocurrency Rejected For The Payment of Taxes by North Hampshire

Top Crypto Gainers of the Day

Marshal Lion Group Coin(MLGC)152.80%
Moeda Loyalty Points(MDA)32.05%

Top Crypto Losers of the Day