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One Stop Cryptocurrency News Cast For April 22nd 2020 ?

Image Source | Pixabay.Com

๐Ÿ“ฎ 22-04-2020

๐Ÿ“ˆMarketCap:                  $206  B
๐Ÿ“Š24h Mcap %:                  3.74%
⚠️Bitcoin Dom:                 63.50%

๐Ÿ“ŒActive Coins:                 3,016
๐Ÿ“24h Vol %:                       5.26%
๐Ÿ’ฒ24h Vol:                         $124 B

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1. Bitcoin Mining Difficulty Approaching ATH Ahead Of Halving
Bitcoin mining difficulty is on the rise. According to stats from BTC.com yesterday, Bitcoin's mining difficulty cited an 8.45% increase from 14.72 trillion (T), to 15.95 T. The last time the network noted such an uptick in difficulty was in September last year, when it rose by 10.38%. Now, the data suggests that mining difficulty is heading for an all-time high, with BTC.com estimating that In a little over two weeks, network difficulty will rise by a further 8.09%— bringing its total value to 17,24 T. Read Full on Decrypt.

2. CryptoMaticATM Launched 'Free Bitcoin ATM' Give-Away Campaign
Ukraine-based cryptocurrency ATM provider 'CryptoMaticATM' has announced the launch of a 'Free BitcoinATM' giveaway campaign. The giveaway campaingn has already started Today on April 20 2020. As of that moment, all the people who are interested in operating a Crypto ATM business, will be eligible to participate in the giveaway. One lucky individual will be randomly chosen to receive a CryptoMaticATM absolutely FREE*. Fill the 'giveaway entry form' for information on an opportunity to create future passive income as cryptocurrency becomes more widely adopted. Read Full on CryptomaticATM.

3. Charles Hoskinson: Cardano Has The Best Code Quality In The Crypto Industry
The CEO of IOHK, Charles Hoskinson, has recently set the record straight regarding the quality and capability of Cardano (ADA), as the team builds towards a designated destination. In a thread of tweets, he pointed out that Cardano’s code is the best in the industry, coupled with the use of quickcheck and a highly functional quality assurance (QA) department. Developers Contribution to the source code is progressing rapidly with over 2600 commits in just one week. And over 11k commits each month and 134k per year. Read Full on twitter.

4. PayPal, Winklevoss Capital To Mentor Blockchain Startup Camp
The Celo Foundation, the organization behind the eponymous proof-of-stake blockchain that positions itself as a competitor to Facebook’s Libra, revealed the 18 finalists that will take part in the Celo Camp virtual accelerator. The camp will run until June 15, with these startups competing in teams for up to $30,000 in prizes, building apps on the Celo blockchain. All the while, the 18 finalists are set to receive mentorship from some of the biggest players in crypto, including Winklevoss Capital, Andreessen Horowitz, and PayPal. Read Full on Decrypt.

5. Dutch Central Bank Believes Digital Currency Could Remedy Corona Crisis
De Nederlandsche Bank said that it would like to experiment with a digital currency issued by itself and other European central banks. The central bank of the Netherlands, De Nederlandsche Bank (DNB), published a report indicating that it is onboard with the idea of a central bank digital currency (CBDC). The bank said a CBDC would be a big benefit to its citizens, and that it would like to play a leading role in its development. It noted that during the coronavirus crisis, people are even less reliant on cash and a CBDC could remedy this. Read Full on Decrypt.

6. NFL Athlete Russell Okung Backing Bitcoin Startup Fold
NFL athlete, Russell Okung, is backing the Bitcoin rewards app and debit card Fold. Fold, the app that allows consumers to earn bitcoin when shopping at retailers, announced on April 9, that it was launching a co-branded Visa card that allows consumers to earn bitcoin rewards. Okung told Forbes he believes “finding more ways to EARN bitcoin is just as important as getting more people interested in simply buying bitcoin.” With the investment in Fold, Okung adds himself to a list of prominent sports figures and celebrities endorsing cryptocurrency. Read Full on Forbes.

7. VC Says Libra is showing the world that anybody can create a digital currency
Libra is paving the way for a complete rework of the current financial structures to let anyone create their own digital currency, according to Raoul Pal, a well-know macro investor. “What [Libra]'s telling you is not it's going to be a reserve currency, but they just set the stage and let the genie out of the bottle that anybody can create a currency,” Pal said. “Bitcoin was obviously the start of that. But now these guys are saying, we can create currency baskets for trades using basic asset management to do it, and therefore anybody can.” Read Full on The Block.

8. VanEck Exec: People Will Buy Bitcoin as a Scarce, Hard Asset
As it emerged that stimulus checks may be going towards purchasing BTC, Gabor Gurbacs, digital asset director at VanEck, argued that those left out will still look for an exit from fiat. He told, Those that didn’t get stimulus checks or corporate bailouts are the most likely to buy Bitcoin for being, a scarce, non-sovereign-issued, trust-minimized, hard asset. He further added, The most influential group of new adopters since the early days of Bitcoin is just entering the arena. Read Full on twitter.

9. Bitcoin Car Beats The Pro Drivers in An Online Race
A bitcoin car has won a race viewed by 50,000+ people in real time, with this being one of the first race of its kind. Bryan Boris Cook said he “beat the real Dale Earnhardt Jr, Kyle Busch, and other pro drivers in front of 50,000+ live viewers” to win with the bitcoin race car. Due to the curfews however they had to do the race digitally, with invite only arrangements where real car racing professionals participated. A fan explains: “The game is iRacing, and pretty much a full on sim. Nascar, Indycar, IMSA and Supercars are actually using iRacing to hold races that can’t be done because of [flu]." Read Full on reddit.

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