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One Stop Cryptocurrency News Cast For April 27th 2020 ?

Image Source | Pixabay.Com

๐Ÿ“ฎ 27-04-2020

๐Ÿ“ˆMarketCap:                  $220  B
๐Ÿ“Š24h Mcap %:                  0.74%
⚠️Bitcoin Dom:                 64.10%

๐Ÿ“ŒActive Coins:                 3,027
๐Ÿ“24h Vol %:                     11.68%
๐Ÿ’ฒ24h Vol:                         $135 B

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1. Monero Film Briefly Tops US Box Office
An independent film touting the virtues of the privacy coin, Monero (XMR), briefly topped the U.S. box office charts earlier this month. Monero Means Money, a self-distributed feature-length film praising the virtues of XMR momentarily stole the top-ranking slot at the U.S. box office. The film claims to “raise awareness for electronic and financial privacy rights. With cinemas in lockdown, Monero Means Money’s $3,430 gross had the film sitting at the top of the box office for a brief moment on April 10. Read Full on cointelegraph.

2. Cardano's Hoskinson: Daedalus 1.0 receiving positive response
After 18 months of working on rebuilding the codebase using a high assurance code, IOHK announced that Cardano’s Daedalus 1.0 was shipped. A few days later, IOHK Co-founder and CEO Charles Hoskinson revealed that so far, the launch has been a success. In the latest live stream, he noted that, they have overall, received an overwhelmingly positive response to Daedalus 1.0. He added, "We know that people are upgrading it because there are huge loads on the relays, terabytes of data are flowing. Read Full on AMBCrypto.

3. China's Blockchain Services Network AKA 'ChinaChain' Launches Gobally
China’s long-awaited Blockchain Services Network BSN, aka ChinaChain, was finally unveiled and opened to commercial use.The BSN, an “internet” of interoperable blockchains, including Ethereum, Hyperledger and EOS, will connect 128 cities in China to 7 places outside China: Paris, Sydney, San Paulo, Singapore, Tokyo, Johannesburg and California. BSN is designed to be “a cross-cloud, cross-portal, cross-framework global infrastructure network used to deploy and operate all types of blockchain applications.” Read Full on Decrypt.

4. Silk Road Founder Said 'The Sky is the Limit' for Bitcoin
The incarcerated Silk Road founder sees long term bullish possibilities for Bitcoin in 2020, with a potential market cap of $7 quadrillion. After predicting a possible Bitcoin price drop to the $3,000s, Ross Ulbricht sees long-term bullish possibilities for the BTC price staying well above $20,000. “If wave II takes prices down to $1,000 and wave III is as big as wave I, then wave III will drive prices to $333 million. Assuming 21 million bitcoins, that's a market cap of $7 quadrillion. That's more than ten times the current GDP of all humanity. So the point is — long term — the sky is the limit.” Read Full on cointelegraph.

5. Bloomberg: Get Set for Bitcoin ‘Halving’!
"Paul Donovan, chief economist at UBS Global Wealth Management, for instance, says that anyone familiar with Bitcoin’s structure will be aware of its halving processes, but that there are potentially “naive” investors who aren’t -- some of them might be persuaded to buy the token because the halving is happening." Analysts at Canaccord Genuity, on the other hand, say halving events have a meaningful psychological component and may continue to have an impact on Bitcoin’s price. Read Full on bloomberg.

6. Report: Grayscale Bought Nearly Half Of All ETH Mined In 2020
Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020 due to the increased interest from institutional investors. New information on the matter indicated that the total number of ETHs mined from the start of 2020 to April 24th was 1,563,245.875. At the same time, the Grayscale Investments Ethereum Trust had 13,255,400 shares as of April 24th, 2020. With 0.09427052 ETH per share, that makes 756,239.777 ETH bought in the same period, which makes 48.4% of all mined ethers in 2020. Read Full on reddit.

7. Binance Launches Crypto Mining Pool Service
Leading cryptocurrency exchange Binance launched its mining pool "Binance Pool" on April 27, its initial offering would focus on bitcoin. The pool will operate with zero fees until May 31, after which the rate will be set at 2.5%. Binance Pool supports both Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining mechanisms. The pool is integrated with the rest of Binance’s platform allowing miners to easily transfer funds between Binance Pool and the company’s various platforms, including trading, lending, and staking. Read Full on binance.

8. Tron DApps Arrive on the Samsung App Store
The Tron project announced that apps built on its blockchain will be featured in the Samsung Galaxy Store. Owners of Samsung smartphones in specific countries will see Tron decentralized apps, or DApps, in an alternative app store. As indicated by Tron, the Samsung store will feature “applications like Blockchain Cuties, Super Player, Meerkat Mining and Timeloop.” These DApps will be available on Samsung devices in the United States, Canada, South Korea, Australia, the Philippines, Singapore and “some countries in Europe.” Read Full on cointelegraph.

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