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Cryptocurrency News Cast For May 31st 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 31-05-2020

๐Ÿ“ˆMarketCap:                  $268 B
๐Ÿ“Š24h Mcap %:                  -0.49%
⚠️Bitcoin Dom:                 65.10%

๐Ÿ“ŒActive Coins:                 3,151
๐Ÿ“24h Vol %:                       1.14%
๐Ÿ’ฒ24h Vol:                          $106 B

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1. TronWallet Anonnced Swap Pairs With MATIC, NPXS, KNC, and MCO
TronWallet, a decentralized multi-currency wallet designed for holding and exchanging crypto tokens, has added a couple of popular altcoins to its Swap mechanism. The wallet team added Kyber Network Crystals (KNC), the NPXS token - designed by PundiX Labs, MATIC token from Matic Network, and MCO, native token of the Crypto.com exchange will be available in Swap pairs to & from Bitcoin (BTC), Ethereum (ETH), Tron (TRX), the U.S. Dollar Tether (USDT) and TWX, the native token of the wallet. Read Full on Crypto.U.Today.

2. XRP Liquidity Index On Mexican ODL Hits New ATH
The liquidity of Ripple’s XRP coin continues to increase. As reported by the Twitter account that tracks the progress of the indexes measuring the liquidity of XRP on various digital exchanges, a new ATH was reached by the trading venue that has so far been the most successful in adopting Ripple’s ODL product. The aforementioned ODL venue is the Mexico-based crypto exchange Bitso. The XRP liquidity index on Bitso XRP/MXN reached a new ATH value of 36,023,811. Read Full on twitter.

3. Bank of Lithuania To Develop Cross-Industry Blockchain Platform
The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. The central bank’s blockchain-based sandbox, LBChain project, completed its third and final stage. The bank however ultimately envisions moving beyond LBChain to develop a future “LTChain” short for Lithuania Chain that would see the bank cooperating with other public institutions and seeking to attract start-ups from non-financial sectors, including energy, healthcare and transportation. Read Full on cointelegraph.

4. IOTA Will Release Hornet v.0.4.0 Node Software Next Week
IOTA (MIOTA), a distributed ledger platform for IoT devices, announced the release of its brand-new Hornet v0.4.0 software for its node operators. A new version of Hornet software, which utilizes IOTA's decentralized data structure, will be released next week. As per the official statement new version of node software will be a lot easier to install, manage & run, and will make the IOTA network significantly more performant. Hornet v0.4.0 will bring significant improvements to system performance and user experience (UX). Read Full on twitter.

5. J.P. Morgan Suddenly Appears To Be Going All In On Crypto
J.P. Morgan, the largest U.S. bank by assets, has been waging a war of words with bitcoin and cryptocurrency for years. Now, J.P. Morgan's turbulent relationship with bitcoin appears to be rapidly softening, after the bank added its first crypto exchange customers and Dimon reportedly hosted secret meetings with the boss of major bitcoin and crypto exchange, Coinbase. J.P. Morgan approved the two bitcoin exchanges' accounts last month potentially signalling the end of the crypto industry's banking woes. Read Full on Forbes.

6. XRP Liquidity Breaks Record on Mexico's Largest Crypto Exchange
The liquidity index for the cryptocurrency Ripple paired with the Mexican Peso (XRP/MXN) hits a new record on Mexico's largest crypto exchange Bitso. The liquidity index of XRP/MXN on Bitso, from 32,962,643 on May 27th, rose to 35,168,346 on the 28th, and to 36,023,811 on the 29th before peaking at 36,795,339 on May 30th, surpassing the previous record of 36,023,811. Bitso uses Ripple’s On-Demand Liquidity (ODL) service to convert US dollars into XRP by transferring the digital asset to banking partners, where it is then converted to Mexican pesos. Read Full on The Daily Hodl.

7. Swiss Regulators Allows Crypto Transactions for InCore Bank
The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank. The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. InCore bank becomes the first Swiss business-to-business bank approved to operate within the crypto sphere. The firm now allows the institutional clients to trade, hold, and transfer digital assets. Read Full on cointelegraph.

8. VeChain to Aid Vulnerable Farmers Gain Access to Marketplace
The COVID-19 pandemic has enormously disrupted global supply chain channels, resulting in a whole array of problems for all the participants along the supply chains, including farmers, manufacturers, and distributors. In a bid to help such vulnerable farmers with exporting their premium outputs, Producers Market, which connects farmers directly with buyers has embraced the VeChain to bridge the gap between the farmers and consumers by integrating distributed ledger technology (DLT) into the value chain. Read Full on BTCMANAGER.

News Source | cryptocrunchapp.com

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