Bitcoin Daily – December 9

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $18,225

Bitcoin price has fallen further over the last day of trading, briefly breaking below the $18,000 mark before recovering to around $18,200.

Top-20 altcoins also continue to slide, as Ethereum falls over 2%, XRP tumbles more than 7%, and several other coins fall between 4% and 5%.

Top Stories for December 9, 2020 πŸ”₯

πŸ‘‰ Steve Wozniak's WOZX Token Makes 26x Gain In 5 Days

Steve Wozniak, a co-founder of Apple, has witnessed his WOZX cryptocurrency token increase in value by 26x over the last 5 days.

The WOZX token, called Efforce,Β  had an initial market cap of $80 million after private sales earlier this year, but reached a $950 million valuation within 13 minutes of trading.

The platform represents a way to securitize energy savings and aims to reduce world energy consumption in a non-disruptive way.

πŸ‘‰ France Preparing To Impose KYC Rules And Regulate Exchanges

It has been reported that France is preparing to implement tougher know-your-customer rules for cryptocurrency companies, as well as regulate cryptocurrency exchanges.

Sources claim that the increased regulation on crypto in the country is due to the recent terrorist attacks on France.

πŸ‘‰ Huobi Will Use Nervos Blockchain For HUSD Stablecoin

Nervos, a public blockchain, is set to be the first blockchain aside from Ethereum to adopt cryptocurrency exchange Huobi's HUSD stablecoin.

Nervos has backing from several prominent names including Polychain Capital, Sequoia China and Merchants Bank International.

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