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One Stop Cryptocurrency News Cast For March 31st 2020 ?

Image Source | Pixabay.Com

๐Ÿ“ฎ 31-03-2020

๐Ÿ“ˆMarketCap:                  $180  B
๐Ÿ“Š24h Mcap %:                  2.10%
⚠️Bitcoin Dom:                 65.40%

๐Ÿ“ŒActive Coins:                2,927
๐Ÿ“24h Vol %:                    -5.69%
๐Ÿ’ฒ24h Vol:                    $110 B

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1. China’s 2nd-Largest Courier Using Blockchain to Deliver Key Supplies During Pandemic
In a bid to make the supply chain of essential medical supplies more transparent during the COVID-19 pandemic, one of China’s largest courier service providers, SF Express, is exploring blockchain. Per the Shenzhen-based courier service firm, blockchain technology’s immutability and transparent features can help bring a degree of transparency. The courier service said that it is exploring the use of blockchain technology for tracking the origin and ensuring the quality of medical goods being supplied to the needy hospitals and healthcare facilities. Read Full on Cointelegraph.

2. Brian Armstrong Says Bitcoin Was Built for Moments Like This
Coinbase, the leading cryptocurrency exchange in the United States, held a virtual staff meeting to update its employees on the company’s strategy during the Covid-19 pandemic. During the session Coinbase CEO Brian Armstrong says Bitcoin was built for the type of crisis the world is currently facing. He said, "Bitcoin was built for this… Bitcoin is amazing – it’s global, it’s inflation proof, it is digital. It’s the money that people need right now in this moment". Armstrong also compares the current state of crypto to the early days of the internet. Read Full on The Daily Hodl.

3. Opera Browser Brings Seamless Crypto Buying to EU Countries
Opera’s Andriod browser has expanded its crypto buying feature for all 27 EU countries, as well as four more nations - Australia, New Zealand, Mexico, and Switzerland. The feature allows users to buy bitcoin (BTC) and ether (ETH) directly from Opera’s in-built crypto wallet using a Visa or Mastercard debit card. Opera has partnered with payments firm Wyre for the initiative. Charles Hamel, head of crypto at Opera browsers, said “Expanding this feature to more regions is key to driving blockchain-adoption,” Read Full on theblockcrypto.

4. Binance KR, a New Crypto Exchange for its South Korean User Is Launching Soon
Binance announced that Binance KR, a new crypto exchange for its South Korean users, is being launched soon. Binance KR is powered by Binance Cloud. Binance Cloud "provides partners and customers with a means to efficiently set up a digital asset trading platform in their local markets, with features that include spot market and futures trading, as well as local bank API integrations and peer-to-peer (P2P) fiat-to-cryptocurrency exchange services." Binance KR, which is the first crypto trading platform fully powered by Binance Cloud, will enable user registrations and deposits on April 2. Read Full on Binance.

5. 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

6. Binance May Acquire Most Popular Crypto Price Aggregator 'CoinMarketCap'
Binance is in the final stages of talks to acquire CoinMarketCap and that would be one of the largest acquisitions in the crypto space. The crypto exchange is looking to pay as much as $400 million for the deal, people familiar with the matter told The Block. CoinMarketCap is the most popular crypto data aggregator, drawing 207.2 million visitors in the last six months. Binance, on the other hand, drew 113.8 million visitors in the last six months. CoinMarketCap's ability to drive a significant amount of traffic is one of the major reasons for the acquisition. Read Full on The Block.

7. BMW’s Blockchain Solution for Supply Chains to Roll Out in 2020
BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019. PartChain is designed to ensure traceability and immediate data transparency for automobile components across complex supply chains that engage multiple international parties. Whereas the pilot had been limited to component tracking, BMW sees the platform’s future applications extending to tracing critical raw materials for manufacturing. Read Full on Cointelegraph.

8. Coinbase: Users Mostly bought bitcoin during market crash
In a report published Tuesday, Coinbase said its customers typically buy 60% more than they sell, but during the crash, that figure jumped to 67%. Bitcoin (BTC) was the most favored cryptocurrency among Coinbase buyers, with over half of both total deposits and trades. Ether (ETH) and XRP cryptocurrencies followed bitcoin, respectively. The exchange’s crypto deposits grew 5x, totaling $1.3 billion during the period. Its new-user signups also increased 2x. Trading users, on the other hand, grew 3x, and total traded volume increased 6x during the period. Read Full on The Block.


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