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One Stop Cryptocurrency News Cast For March 30th 2020 ?

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๐Ÿ“ฎ 30-03-2020

๐Ÿ“ˆMarketCap:                  $177  B
๐Ÿ“Š24h Mcap %:                  3.52%
⚠️Bitcoin Dom:                 65.40%

๐Ÿ“ŒActive Coins:                2,916
๐Ÿ“24h Vol %:                    19.10%
๐Ÿ’ฒ24h Vol:                    $118 B

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1. Bitcoin’s Liquid Sidechain Holds More BTC Than Lightning Network Channels
Liquid sidechain, a federated, permissioned blockchain pegged to Bitcoin that aims to help traders move funds between exchanges more quickly, may be more important for Bitcoin in 2020. Recently, the amount of BTC held on the Liquid sidechain surpassed the amount of BTC held in public Lightning Network channels. Currently, there is 952.9435822 BTC on the Liquid sidechain (according to Liquid.net) and roughly 918 BTC held on public Lightning Network channels (according to DeFi Pulse). Read Full on longhash.

2. Taiwan’s Digital Minister says blockchain is a top priority
Taiwan’s digital minister Audrey Tang who is leading country's drive for technological innovation in governance, said that researching how blockchain can improve governance is their “top priority”. Tang said, blockchain technology are very promising, a cheap way to build accountability and some sort of legitimacy across sectors, which she believe makes Blockchain particularly useful for governance. She further added, Decentralized governance, when designed properly, can incentivize a lot more inclusive participation. Read Full on Decrypt.

3. Game Built on Tezos Blockchain is Preparing for Alpha Launch
Tezos (XTZ) co-founder Kathleen Breitman is preparing to launch the alpha version of the game built on top of Tezos a crypto-powered collectible card game called ‘Emergents.’ Emergents’ in-game cards will comprise non-fungible tokens (NFTs) that players have full ownership over. Cards will be priced and paid for in XTZ, however, there will also be a fiat gateway that conceals the cryptocurrency transaction for players who do not wish to handle crypto. Emergents will be launched in May 2019. Read Full on Cointelegraph.

4. Santander to expand Ripple-powered payments to Mexico this year
Spanish banking giant Santander is bringing its Ripple-powered payment solution One Pay FX, to Mexico this year. Initially launched in 2018, One Pay FX is a money transfer solution and leverages RippleNet (formerly xCurrent) to settle cross-border transactions. It does not use XRP. Santander said the solution offers transparency, “competitive cost” and better speed, improving the overall customer experience. One Pay FX is currently available for Santander’s customers in six countries - Spain, the U.K., Brazil, Poland, Portugal and Chile,. Read Full on The Block.

5. Coinbase’s Retail Payment Portal Passed $200 Million in Transactions
Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total transactions processed over its two-year history. The wing of the largest crypto exchange in the U.S. reported on March 26 that the platform’s success was due in part to the 8,000 retailers currently using Coinbase for payment services. John Zettler, product lead at Coinbase Commerce, said BTC was by far the preferred payment method among the cryptocurrencies offered as payment methods on the platform. Read Full on Cointelegraph.

6. Tron launches its own stablecoin system
The Tron Foundation has launched its own MakerDAO-like stablecoin system called “Djed.” The new system was unveiled by Tron founder Justin Sun. He initially revealed the project in January. At the time, he told the TRON community would launch a new decentralized stablecoin backed by Tron (TRX) and BitTorrent (BTT) tokens. The new stablecoin is called “USDJ,” a USD-pegged coin backed by collateral assets. USDJ is generated through decentralized smart contracts on the TRON network. Read Full on The Block.

7. Bitcoin Locked in DeFi Hits New All Time High
There has been tremendous growth in terms of decentralized finance or DeFi. In the latest development, Bitcoin locked in DeFi reached an all-time high of 1.9k, according to DeFiPulse. The figure started gaining traction in February this year when it climbed from 1.50k BTC to beyond 1.70k BTC. Furthermore, its year-to-date [YTD] gains stood at nearly 30%. Interestingly, Bitcoin’s dull price action has not been able to make any significant impact on these figures as it continued to maintain an upward trajectory. Read Full on AMBCrypto.

8. French Central Bank Calls Out For Digital Currency Experiments
France’s central bank wants to experiment with integrating digital currencies. On March 27, the Banque de France published a request for proposals for central bank digital currency “experiment” applications. These projects will help France’s central bank understand the risks and mechanisms of CBDCs and also contribute to the eurozone’s digital cash conversation. France’s project covers a trio of CBDC use cases: payment against financial instruments; payment against other central banks’ digital currency; and payment against digital assets. Read Full on CoinDesk.

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