30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $9,768
Bitcoin price once again finds itself in the high $9,000s today, briefly breaking the $10,000 mark overnight but failing to hold.
Top-20 altcoins have remained stable for a third day in a row. Ethereum has gained just over half a percentage point over the last 24 hours, while XRP remains almost completely unchanged. The largest mover was Neo, which fell almost 2%.
Top Stories for June 11, 2020
Coinbase is considering adding up to 18 new cryptocurrencies to its platform, according to a blog post released today.
The assets currently under review include more-established favorites such as Siacoin, Digibyte and VeChain, as well as newer assets such as Ren and SKALE Network along with DeFi tokens LEND and COMP.
Coinbase is well-known for their rigorous evaluation and review process when it comes to adding new assets, which includes legal compliance, technical standards and more.
Filecoin has announced the release of their “incentivized testnet” – the final testing phase before their mainnet launch, which is due to occur this summer.
The final testing phase is designed to stress-test the network, evaluating its ability to take on large quantities of data storage in a short amount of time.
Filcoin was one of the more significant ICOs in 2017, raising over $257 million in their token sale.
Microsoft’s decentralized identity system, named “ION”, has been launched in beta on top of the Bitcoin network today.
The project runs as a second-layer on top of Bitcoin, and allocates each individual with a unique decentralized identifier, dubbed a “DID”. The aim of the platform is to decentralize message and application data, and give users the ability to own their identifiers, such as log-in details.
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Source: Coinbase Explores Addition of 18 New Cryptocurrencies – June 11