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One Stop Cryptocurrency News Cast For Today ?

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๐Ÿ“ฎ 21-03-2020

๐Ÿ“ˆMarketCap:                  $173  B
๐Ÿ“Š24h Mcap %:                  -1.43%
⚠️Bitcoin Dom:                 65.00%

๐Ÿ“ŒActive Coins:                2,901
๐Ÿ“24h Vol %:                    -5.70%
๐Ÿ’ฒ24h Vol:                    $151  B

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1. Bitcoin ranked on top 100 greatest designs of all time
Bitcoin is one of the best-designed products, according to multinational business magazine Fortune. Fortune teamed up with the Institute of Design at the Illinois Institute of Technology and placed Bitcoin in the same weight group as iPhone, Macintosh and Google Search Engine. David Kelley, the founder of global design company IDEO noted that just in 10 years, BTC market capitalization is nearing $200 billion and is used by millions of people around the world. which he don’t think any product in the history has bootstrapped so effectively. Read Full on Decrypt.

2. 'Buy Bitcoin (BTC)' Google Searches Spike, Reaching New High
Bitcoin-related searches have been absolutely on a tear as of recently. According to data provided by Google Trends, the number of 'buy Bitcoin' queries recently reached the highest level in almost a year. The uptick came shortly after BTC’s epic 48 percent crash that left the crypto community aghast last Thursday. Some Bitcoin proponents believe that in the world where central central banks are revving up monetary easing, Bitcoin could eventually prove to be a store of value. Read Full on U.Today.

3. It's Time for 'Plan B' as Fed Ramps Up Repo Operations
The U.S. Federal Reserve has made an announcement about injecting more than $1 trln into the repo markets every day at least until the end of March. The move, which is meant to help banks weather the ongoing crisis, didn't go well with the crypto community that was quick to unleash its 'money printer' memes. Barry Silbert, the CEO of Digital Currency Group, was seemingly shocked by the fact that the Fed is going to funnel that much cash into the struggling economy every day, and suggested it time for PlanB. Read Full on U.Today.

4. Coinbase Saw Massive Volume During Market Collapse
Coinbase CEO Brian Armstrong told, the exchange saw record site traffic and a massive trading volume during last week’s coronavirus-driven market swings. Exchange processed $2 billion in crypto last Thursday and Friday. Last Thursday also beat Coinbase’s previous traffic record by over 50 percent, Armstrong told. Where other platforms experienced issues and outages, Armstrong noted that Coinbase remained operational, saying the exchange has been preparing for a crisis “for the last couple years.” Read Full on CoinDesk.

5. Steem Hard Fork Launches Hive Network
The Steem (STEEM) blockchain community continues to oppose Steemit in the wake of the recent “takeover” orchestrated by Justin Sun, the startup’s new owner. On March 18, “a large group of Steem community members” announced its intention to hard fork the Steem blockchain and create a new platform called Hive. The network split that was scheduled for Friday, March 20, successfully took place at around 10.30AM CET. Hive is an exact code fork of the Steem blockchain, although will undergo various alterations based on community feedback. Read Full on Cointelegraph.

6. Central Bank Study Finds 80% of Australians Know About Crypto but Only 1% Use It
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia. The low usage comes in spite of respondents’ overwhelming awareness that cryptocurrency can be used to pay for goods. Over 80 percent said they’d heard of crypto, making it the third-most recognized “alternative payment method” the bank surveyed for, behind only “buy now pay later” services and “tap and go” mobile payments. Read Full on CoinDesk.

7. IOST Blockchain Project got Advertised by Amazon AWS China
Last year, IOST’s Blockchain-as-a-Service (BaaS) platform was officially live on Amazon Web Services Marketplace. Now IOST Foundation is happy to enter a deeper collaboration with AWS China. IOST co-founder Terry Wang was recently invited to an exclusive interview with AWS China which has lead IOST to become the first blockchain project interviewed by AWS China, the only blockchain project advertised on AWS Cloud Computing WeChat account and also the first blockchain project to be displayed on AWS China website. Read Full on medium IOST.

8. Tezos Grants $37 Million to Ecosystem Developers
The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. The report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering. The report focuses on the foundation’s usage of its funds, revealing that it offered more than $37.6 million in grant funding for the Tezos (XTZ) ecosystem since August 2019. The grants are divided into three main categories, consisting of research and development efforts, ecosystem projects, and community support. Read Full on Cointelegraph.

9. EY Japan to Fight Counterfeit Sake With Blockchain
Big Four audit firm Ernst & Young’s Japanese branch has announced plans to launch a blockchain system for tracking Japanese sake and fruit and preventing the sale of fraudulent or counterfeit products. The blockchain will be used to track and record detailed information across the supply chain for Japanese produce including information on the origin of production and delivery routes. EY Japan’s SAKE Blockchain will be rolled out across Asia once the threat of the coronavirus has been reestablished in the region. Read Full on Cointelegraph.

10. India May Consider Regulation Of Cryptocurrencies
India plans to regulate cryptocurrencies, and is awaiting a Supreme Court judgment before taking a final decision. The government is weighing whether the virtual currencies can be regulated by the Reserve Bank of India, according to people aware of the development. A framework for the regulation will be decided upon after deliberations with the central bank. The digital currencies may be notified or approved by the RBI, and cryptocurrency exchanges could be recognised and regulated by the Securities and Exchange Board of India. Read Full on BloombergQuint.

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