Crypto Market Update | October 16, 2020

Oct 17, 2020

This edition of The Nonconformist is free for everyone. We send this email to our free subscribers weekly. If you enjoy our research and want to support us, please share with someone who might be interested in listening!

This week's crypto market update:

1.) Bitcoin Hashrate go BOOM

Cryptowatch @cryptowat_ch

#Bitcoin's hash rate just hit a new ATH of 144 EH/s 📈

2.) Fidelity Investment says invest 5%

BTC Times @btc

A small allocation to #Bitcoin in the low single-digit percentage range would have boosted traditional investment portfolios over the past five years, according to a report published by Fidelity @DigitalAssets. @iamjosephyoung reports

btctimes.comFidelity Report Finds Small Bitcoin Allocation Boosts Traditional PortfoliosFidelity Digital Assets’ report finds investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years.

3.) MasterCard tests CBDC

Ben Rickert @Ben__Rickert

globenewswire.comMastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital…Innovative virtual and custom testing platform allows central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC...

4.)Filecoin Launches

Filecoin @Filecoin

Whether you’re a Filecoin 📂 expert or just getting started, #FilecoinLiftoff week is a great opportunity to learn, build, and explore. There will also be some very special guests and exciting announcements, so don’t miss it! Register here liftoff.filecoin.io

5.)Monero Upgrade

Monero || #xmr @monero

CLI v0.17.1.0 'Oxygen Orion' has been released! getmonero.org/2020/10/14/mon… Please be reminded that a scheduled network upgrade will take place on October 17. Users, services, merchants, pool operators, and exchanges should run v0.17 to be sufficiently prepared.