Cryptocurrency News Cast For Jun 14th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 14-06-2020

๐Ÿ“ˆMarketCap:                    $266 B
๐Ÿ“Š24h Mcap %:                   -0.96%
⚠️Bitcoin Dom:                  64.90%

๐Ÿ“ŒActive Coins:                  3,191
๐Ÿ“24h Vol %:                      -1.00%
๐Ÿ’ฒ24h Vol:                           $60 B

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1. Bitcoin Addresses Holding 1,000 BTC is on Rise
The number of Bitcoin whales (entities holding at least 1,000 Bitcoin) has increased by 8.9% in the past year. The number of Bitcoin addresses containing more than 1,000 bitcoin was hovering around 1,725 during a year ago, which has now reached 1,875. The accumulation of Bitcoin by the aforementioned whales could be a clear sign of Bitcoin being used to hedge against the possibilities of global inflation. Read Full on CryptoPotato.

2. Bitpay Drives Crypto Adoption To USA With Prepaid Mastercard
Global crypto payments processor BitPay rolls out prepaid Mastercard for U.S. crypto customers, hoping to further drive adoption and purchasing power of crypto holders. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the card and spent anywhere Mastercard debit is accepted. The BitPay Card supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), XRP and stable coins including USDC (USDC), GUSD, PAX and BUSD. Read Full on Decrypt.

3. Bangladesh: IBM To Bring Primary Teacher's Pension On Blockchain
IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders powered by the IBM Blockchain Platform, with pension information uploaded to the blockchain to ensure tamper-resistant record-keeping and offer security assurances to teachers participating in GBB’s e-pension system. Read Full on cointelegraph.

4. Bitcoin's Active Supply Records New High
Active Bitcoin supply has made a substantial increase in past 24 hours and the number of retail investor bitcoin wallets also rose. As per the data published by analytic firm Glassnode Bitcoin active supply 3y-5y has shown a significant rise to 1,165,734.158, being 3 percent up from the previous value of this index. Further the data revealed the amount of Bitcoin wallets with 0.1+ coins has also surged to a new ATH of of 3,054,282.000, with the previous high reached on May 21. Read Full on U.Today.

5. CZ: Bitcoin Would Be Worth $1000K In Few Years
CZ shared his ultra-bullish long term forecast for the BTC price. The head of World Largest Crypto Exchange Binance reckons that from the current price Bitcoin may go up 100 times or 1,000 times. So assuming the price hits $10,000 now, in a few years, BTC may print an ATH of $100,000 or $1,000,000 or maybe even higher, said CZ. He told he is totally confident in the industry in the long run. CZ named the quantitative easing made by the US Fed, and other countries following suit. Read Full on U.Today.

6. Launch of CBDCs will further increase the adoption of Bitcoin: Grayscale
Grayscale scale has postulated that the launch of Central Bank Digital Currencies (CBDCs) will further increase the adoption of Bitcoin - by providing the infrastructure and education that would usher in new users of BTC. China is the first country to pilot the use of the Digital Yuan. Recently reported, that moving fiat currencies to digital infrastructure would highlight that the Bitcoin is special not because it is digital, but because Bitcoin is a scarce, uncompromising, apolitical currency that is open for anyone to use. Read Full on ethereumworldnews.

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