Cryptocurrency News Cast For Jun 25th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 25-06-2020

๐Ÿ“ˆMarketCap:                     $261 B
๐Ÿ“Š24h Mcap %:                   -2.10%
⚠️Bitcoin Dom:                   64.40%
๐Ÿ“ŒActive Coins:                  3,233
๐Ÿ“24h Vol %:                        1.90%
๐Ÿ’ฒ24h Vol:                           $72 B

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- OKEX CEO: Second U.S Stimulus Checks Will Boom Bitcoin Price
Jay Hao, the CEO of crypto exchange OKEx, suggested that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further. Hao explained that after the first $2.2 trillion stimulus bill was signed in late March, Bitcoin surged by around 58% from $6,580 to $10,400. Hao also said he expects retail investors to be even more interested in Bitcoin as they will be the main promoters of the Bitcoin price surge under the second round of stimulus. Read Full on Cointelegraph.

- New York Will Ease Crypto Licensing Rules
The NYDFS is making it easier for crypto companies to receive the right licensing, as well as list the coins of their choosing. As it stands, crypto firms in New York must obtain the “BitLicense,” that crypto companies and exchanges need to receive, store, issue or send cryptocurrencies. However so far Only 25 firms have been granted the license since 2015. The NYDFS is now proposing to introduce a “conditional” license with which crypto companies could work with companies that have been issued with an actual BitLicense. Read Full on decrypt.

- Venezuela’s Govt Accepts Bitcoin To Pay For New Passports
Unable to process payments via credit card, Venezuela appears to be testing Bitcoin as a viable payment option for passports. SAIME, Venezuela's Administrative Service for Identification, Migration, and Foreigners is reportedly planning to accept bitcoin (BTC) as a new payment method for citizens seeking a Venezuelan passport. The option was only available for some applicants outside the country not for the users actually living in Venezuela. Read Full on Cointelegraph.

- Novogratz Predicts Bitcoin Will Reach $20,000
Galaxy Digital Holdings CEO Mike Novogratz predicted bitcoin reaching $20k amidst the US Federal Reserve's ongoing dollar-printing spree. The former Wall Street hedge fund manager predicted bitcoin would break above $10,000 in the short-term with a possible move to the previous all-time high of $20,000. Novogratz noted that investors are turning to bitcoin and gold amidst the ongoing money-printing spree by the US Fed and Treasury. Read Full on CryptoGlobe.

- Australians Can Now Pay for BTC at 3,500+ Post Offices
Australia Post in its recent partnership with Bitcoin.com.au allows Australians to pay for Bitcoin (BTC) at the country’s post offices. Customers of local cryptocurrency exchange Bitcoin.com.au customers will be able to pay for Bitcoin at more than 3,500 Australian Post offices. Holger Arians the firm’s CEO said that the new payment option will make some people more comfortable with buying crypto and feels safer than transferring funds online— particularly for first-time buyers. Read Full on Cointelegraph.

- Ethereum Addresses Holding 10+ ETH Reaches New All Time High
The second Largest crypto, Ethereum's on-chain fundamental data is showing that more investors are holding ethereum than ever before. Data provider Glassnode data shows that the number of investors with more than 10 ETH ($2,343) in their wallet has reached a new high of 276,131. Another renowned analytics company, Skew, has shared data according to which the number of Ethereum daily transactions has reached over 1 mln and is approaching a new all-time high. Read Full on U.Today.

- Robert Kiyosaki: Bitcoin Is Real Money, It Can Stop Fed From Screwing You
Prominent real state investor, author of ‘Rich Dad, Poor Dad’ and financial educator Robert Kiyosaki is again urging his followers to invest in Bitcoin. Kiyosaki explained how Bitcoin is ‘real money’ that can prevent the United States Fed Reserve from ‘screwing everyone’. Calling the newly printed dollars by the Fed fake USD. The investment guru told that by printing more fiat USD, the Fed only saves ‘friends’ and ‘screws everyone’ else. Read Full on Twitter.

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