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One Stop Cryptocurrency News Cast For April 29th 2020 ?

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๐Ÿ“ฎ 29-04-2020

๐Ÿ“ˆMarketCap:                  $247  B
๐Ÿ“Š24h Mcap %:                  13.20%
⚠️Bitcoin Dom:                 64.70%

๐Ÿ“ŒActive Coins:                 3,036
๐Ÿ“24h Vol %:                      53.90%
๐Ÿ’ฒ24h Vol:                         $184 B

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1. Bitcoin Halving: A New Class Of Bitcoin Millionaires May Emerge
The third bitcoin halving could be a major catalyst for monetary change, resulting in a generation of new crypto millionaires. During the previous 2 bitcoin halvings, countless millionaires were created. J.R. Forsyth, the founder of Onfo was an undergraduate and was exposed to bitcoin. Forsyth says, "I mined bitcoin and litecoin very early on.” Or take Alan Glanse, CEO of JuicyFields who bought 100 bitcoins from a colleague in 2012. Then, he forgot about his bitcoin. It wasn’t until the parabolic price highs of 2017’s second bitcoin halving, that he realized that he had become an instant millionaire. Read Full on Forbes.

2. Tether Just prints Another $240m As Demand For Bitcoin Flourishes
As reported by Whale Alert, Tether has printed $240 million worth of Tether (USDT). Tether has long been watched by cryptocurrency investors as an indicator of where Bitcoin might trend next. Demand for Bitcoin has been skyrocketing in recent times amid Corona Crisis. The massive spike seen in Tether issuance is the sign of increased investor activity in the market. It is highly probable that this money will ultimately be siphoned into Bitcoin and other cryptocurrencies. Read Full on CryptoSlate.

3. Chinese Court Approves Ethereum As Legal Property With Economic Value
A court in China has ruled that ethereum is legal property with economic value. The Shenzhen Futian District People’s Court in Guangdong Province, China, has ruled that ether is legal property, protected by Chinese law, local media reported last week. This means that the Chinese are not barred from owning or transferring the cryptocurrency. As per report, According to the court ruling: "The crypto assets represented by ETH have economic value and can be traded publicly." Read Full on Bitcoin News.

4. Long Anticipated Bitcoin Halving Event Is Almost Here
The long-awaited halving event for Bitcoin is so close. As of the latest block, we are 99% of the way there. The halving event is the most anticipated event in the cryptocurrency world. Bitcoin will then be twice as scarce amid a world where fiat currency is being printed at records never seen before. At time of writing Bitcoin Block Bot announced on twitter, as of block 627,900, we are 99% of the way through until Bitcoin’s halving event. As of now, the halving is expected to take place on May 12. Read Full on twitter.

5. Chinese Tech Giants Take Top Three Spots for Blockchain Patent Applications in 2019
Three of Chi­na’s lead­ing tech and fin­tech firms have taken the top three spots on the list of the world’s biggest blockchain tech­nol­ogy patent ap­pli­cants in 2019. Chi­na’s IPR Daily and in­co­Pat In­no­va­tion In­dex Re­search Cen­tre jointly re­leased the “2019 Global Blockchain In­ven­tion Patent Rank­ing”. Ac­cord­ing to the rank­ing the world’s three biggest blockchain patent ap­pli­cants in 2019 were Al­ibaba (Ali­pay), Ten­cent and Ping An Group. Al­ibaba has re­tained top po­si­tion for the third year in a row, fil­ing a to­tal of 1505 patent ap­pli­ca­tions. Read Full on chinabankingnews.

6. Bitcoin Hits $8000 Without Any Gov't Bailout
Bitcoin finally reclaims a price level not seen since before March’s major price crash, cementing its pre-halving bull run. BTC/USD breaks $8,000 and the move firmly reverses Bitcoin’s crash in mid-March, when the cryptocurrency shed 60% in a day to plumb 15-month lows of $3,600. It also shows that the Bitcoin doesn’t need brrr money to succeed. The excitement continues to build just two weeks before Bitcoin’s third block reward halving, which will drop inflation to 1.8% and halve the available supply of new Bitcoins released every ten minutes. Read Full on coin360.

7. Joff Paradise from CryptoMaticATM to Speak at Virtual Blockchain Week
Joff Paradise, a globally recognized crypto entrepreneur, and founder of the CryptoMaticATM, was chosen to appear at the global "Virtual Blockchain Week" conference as a featured speaker. Paradise is scheduled for April 29th at 7:00 PM EST to present his extensive knowledge base pertaining to the Crypto ATM Industry. Founded by Joff, the CryptoMaticATM was specifically designed to allow entrepreneurs to start a thriving business that will enable them to create passive income through customer transactions. Read Full on Virtual Blockchain Week.

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