The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away.

Bitcoin (BTC) skeptic and gold bug Peter Schiff is unwittingly advertising the cryptocurrency's virtues over other investments, says the CEO of exchange Binance.
In a tweet on Jan. 25, CZ argued Schiff was failing in sewing distrust of Bitcoin among social media followers and beyond. "I think Peter is doing great to promote bitcoin. He probably does not realize that given his illogical reasoning, most people will do exactly opposite of what he says," he wrote.
CZ concluded: "We need more of these types of 'negative' voices."

The Executive Director at Ethereum Classic Cooperative [ETCC], Bob Summerwill, recently announced the extension of support for the ECIP-0001 proposal. However, along with some crucial changes, what is noteworthy about the same is that ECIP-0001 proposes the removal of Rust Developer Wei Tang too.
Summerwill lashed out at the developer and accused him of "doxxing" ECIP editor soc1c on multiple occasions. The ETCC exec's tweet read, "Wei has repeatedly abused his position of power as ECIP Editor + author of ECIP-1000 + Parity-maintainer + Multi-Geth maintainer + protocol analyst (@corepaper) to bully, to threaten to fork ETC or to leave the ecosystem. 'You need me.' No individual is bigger than network."

Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Jan 25. Asked whether such digital money could be issued by private companies, Villeroy said “currency cannot be private, money is a public good of sovereignty.”

According to South African crypto news outlet SACrypto, reports stating that Nedbank is planning to shut down bank accounts of crypto exchanges are false. Commenting on the situation, Richard De Sousa, the CEO of AltcoinTrader, one of South Africa’s crypto exchange platforms remarked: “I commented in the IT Web article about Nedbank closing crypto accounts. But I believe it has turned into media hype. The reality is: Nedbank are no longer taking on new accounts for crypto related companies, but they are not closing current accounts.”

As of 11:00 (UTC) on Jan 25, the global price index of Bitcoin (BTC) has been trading above the $8,300 level. At present, the coin marks $8,334.94 with an increase of 0.17% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is “Sell” with 11 indicators sending out selling signals, six showing neutral signals, and one indicating buying signal.
The broad market remains upward momentum, with 84 out of Top 100 cryptos by market cap rising.
The global market cap reads $229.15 billion, and the 24-hour trading volume is $86.13 billion.
Major Coins
1. BTC quotes show $8,337.37 on Binance, $8,333.50 on Bitfinex, $8,317.86 on Coinbase Pro and $8,322.05 on Boboo.com;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $159.27 (+1.99%); XRP marks $0.2193 (+2.14%); BCH marks $310.85 (+3.12%); LTC marks $53.09 (+3.50%); EOS marks $3.55 (+5.17%); ETC marks $8.41 (+5.66%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: ANT (+16.44%), REP (+10.28%), and BTG (+9.09%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: LSK (-5.58%), ENJ (-3.96%), and TSR (-2.96%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: ETH (+$68.62 mln), BTC (+$64.16 mln), and PAX (+$36.49 mln);
2. Top 3 capital outflows within the last 24 hours: BSV (-$7.21 mln), MOF (-$6.67 mln), and AION (-$2.29 mln);
3. Net inflows/outflows of exchanges: Binance (+$8.20 mln), Bitfinex (+$4.23 mln), and Coinbase Pro (+$12.64 mln).

Monitored by CoinNess.com, from 00:00 to 10:00 (UTC) on Jan 25, BTC registered a net outflow of $43.16 million in the past 10 hours.
1. The Top 3 net cap inflows in the crypto market are: XMR (+$2.24 mln), BCH (+$2.15 mln), and MOF (+$1.04 mln);
2. The Top 3 net cap outflows in the crypto market are: BTC (-$43.16 mln), EOS (-$11.22 mln), and ETH (-$8.07 mln).
For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Cryptocurrency data platform CoinGecko has released its yearly report, which covers key technological and economic developments of 2019, as well as providing insight into the market through analysts and industry insiders. One of the most striking statistics is that trading volume has risen by 600% in 2019. The market’s entire market capitalization has risen by 44.1%, gaining $60 billion over the year, and closing the year at $180 billion. According to the report, trading volume saw a much better year, growing almost 600% – a staggering fact, with over $50 billion being traded on average at the end of the year.

Charles Hoskinson, chief executive officer of IOHK, the development company behind the decentralized public blockchain Cardano, says his team is working with a consortium in the European Union to address use cases for distributed ledger technology.
The group’s effort points to one of the hottest tech trends in 2020 as companies and governments continue to explore DLT-based technologies, such as blockchain. The consortium, dubbed Priviledge, acquired funding from the EU’s Horizon 2020 research and innovation program, and aims to address privacy issues related to the mainstream adoption of DLT. 

According to CryptoDiffer, the investment portfolio of Coinbase Ventures includes more than 50 blockchain projects and companies most of which haven’t experienced ICO.

Charlie Lee just tweeted, “I think a better way to fund development is mining pools voluntarily donate a portion of the block reward. How about Litecoin pools donate 1% (0.125 LTC) of block rewards to the @LTCFoundation? If every miner/pool does this, it amounts to about $1.5MM donation per year!”

According to a recent survey from the Deutsche Bank, the place of cryptocurrencies might be a little overestimated. Results from the survey suggest that an increase in the use of Bitcoin will do next to nothing, to relegate the use of cash.
The report mentions a few points in favor of Bitcoin. It says that by most estimations, Bitcoin is growing and will still “grow at light speed.” The report further uses “dinosaur” to describe cash, but still concludes that this light speed is not strong enough to actually displace cash. The place of cash, no matter how pro-Bitcoin the world gets, cannot be easily dismissed. There are still too many people who are more comfortable with traditional systems a lot more than new technology such as Bitcoin.

Bakkt Volume Bot just released its Friday’s (Jan 24) Bakkt Bitcoin Monthly Futures:
Traded contracts: 792 ($6.76 million, -49%);
All time high: 6601 (12/18/2019);
Open interest: $5.42 million (-20%).

Binance Research recently released its Annual Crypto-Correlations Review, and here are some takeaways from it:
1. BNB was the best-performing asset (+128%) of the - on median - largest ten cryptoassets by market capitalisation over 2019.
2. Bitcoin’s market dominance seemingly stabilized around 68% after a strong climb from ~ 50% at the beginning of this year.
3. Generally, cryptoassets continue to be highly correlated with each other, exhibiting high median correlation coefficients.
4. ETH is the highest correlated asset. The lowest correlated asset is Cosmos (ATOM).
5. Other than that, general clusters can be identified: programmable blockchains such as EOS, NEO, and Ethereum, for example, show higher median correlations with each other than alternative assets.
6. Lastly, assets might be stronger correlated with each other in adverse price movements.

According to Whale Alert, 4,689,700 XTZ ($6.89 mln USD) were transferred from an unknown address to another unknown address at 07:88 UTC on Jan 25. The hash is ooguGHGKtFCSeEE68uTEFhEqqjU4rmVe7aqf4SJ1peje8orqn2e.

According to a latest research by Arcane Research, “Several narratives for Bitcoin has been presented over the last couple of years. Cheap p2p payments network, anonymous darknet currency, store of value, uncorrelated asset, or more recently; digital gold. What may continue to boost this new narrative is the upcoming Bitcoin halving.”

In a rare glimpse into the mind of a trading veteran who has survived and thrived in the markets for 40 years, Peter Brandt offers zen-like sage advice to fellow traders. Brandt argues that a re-test of the breakout we’ve had on the top of a year-long downward channel is normal and he wouldn’t be surprised to see more upside in the near future. He does, of course, add that a more severe correction could take place if the top of the channel breaks to the downside.

BTC traded 0.09% higher against the US dollar during the one day period ending at 06:15 UTC on Jan 25. BTC has a market cap of $151.69 billion and $23.95 billion worth of BTC was traded on exchanges in the last day. One BTC can currently be purchased for approximately $8,343.97 on popular cryptocurrency exchanges.

Citing statistics from alternative.me, the Fear & Greed Index currently reads 41, one unit more than yesterday, indicating the crypto market is still in "Fear." As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed."

Citing the latest Commitments of Traders (COT) report on Bitcoin released by the U.S. Commodity Futures Trading Commission (CFTC), the Net Position Changes data this week reflects a major market change, i.e., longs are weakening. The noticeable growth of short positions and a sharp decrease in long positions in the Asset Manager account indicate that the market turns bearish again. The Dealer account remains almost the same as last week, meaning shorts still rule the market.

Citing data from Boboo, on Jan 24, the opening price of BTC marked 8,404.69 USDT, and the closing price was 8,440.38 USDT, up 0.42 % within a day.
The price-guessing game attracted 79 participants, with 582 votes in total. Among them, 32 users who chose "B Flat (change≤1%)" won the game and shared 2,739.99 CNNS.
**Join BTC Price-Guessing Game & Earn CNNS Rewards **

Citing the official announcement, crypto exchange Boboo has seen its hashrate reach 182,425.31, from 00:00, Jan 24 to 00:00, Jan 25 (UTC), with a reward of 47.72 USDT and 1 ETH shared by miners.
Boboo is the world's first "PoB (Proof of Behavior)" trading platform. Register now to get hashrate.
Any cheating behavior is forbidden. Those in violation of rules will be punished by wiping out all their hashrate.
Click 'Register Now' to obtain hashrate.

CoinNess today (Jan 25) has partnered with CoinKeeper.
CoinKeeper will hold the Lucky Draw event to randomly reward community members and participants in the ongoing voting contest with gifts like iPhone XI, cash equivalent to 30 ETH, etc., starting from Jan 20 to Jan 30, 2020.
Users who sign up for the above event and download the CoinNess App can get 10-500 CNNS.
Besides, CoinKeeper will introduce the cryptoRace game in the near future, the team said.

As of 03:00 (UTC) on Jan 25, the global price index of Bitcoin (BTC) has been fluctuating around the $8,300 level. At present, the coin marks $8,306.30 with a decrease of 0.01% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Sell" with 13 indicators sending out selling signals, four showing neutral signals, and one indicating a buying signal.
The broad market sees more bulls than bears, with 62 out of Top 100 cryptos by market cap rising.
The global market cap reads $229.004 billion, and the 24-hour trading volume is $90.71 billion.
Major Coins
1. BTC quotes show $8,328.35 on Binance, $8,330.90 on Bitfinex, $8,311.64 on Coinbase Pro and $8,331.79 on Boboo.com;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $159.06 (+0.15%); XRP marks $0.218 (-1.19%); BCH marks $309.07 (-0.36%); LTC marks $53.12 (+1.59%); EOS marks $3.57 (+3.21%); ETC marks $8.35 (+3.96%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: BRC (+12.10%), REP (+11.17%), and BTG (+9.75%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: BTM (-6.02%), XUC (-5.31%), and ANT (-5.01%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: BTC (+$69.67 mln), ETH (+$66.40 mln), and BCH (+$33.80 mln);
2. Top 3 capital outflows within the last 24 hours: MOF (-$7.03 mln), AION (-$2.19 mln), and XTZ (-$1.73 mln);
3. Net inflows/outflows of exchanges: Binance (-$1.58 mln), Bitfinex (+$4.27 mln), and Coinbase Pro (+$9.54 mln).

The DFINITY Foundation tweeted, “Today (Jan 24) at the WEF2020 in Davos, DFINITY announced the Bronze release of the Internet Computer and demonstrated an open internet service called LinkedUp, providing developers and enterprises a glimpse into the infinite possibilities of building on the Internet Computer.”

Monitored by CoinNess, from 00:00 to 02:00 (UTC) on Jan 25, BTC registered a net outflow of $43.61 million in the past two hours.
1. The Top 3 net cap inflows in the crypto market are: XMR (+$1.33 mln), ABBC (+$297.67 k), MOF (+$245.29 k);
2. The Top 3 net cap outflows in the crypto market are: BTC (-$43.61 mln), EOS (-$10.37 mln), ETH (-$10.33 mln).
For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.