Cryptocurrency News Cast For Jun 28th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 28-06-2020

๐Ÿ“ˆMarketCap:                     $260 B
๐Ÿ“Š24h Mcap %:                    0.69%
⚠️Bitcoin Dom:                   64.80%
๐Ÿ“ŒActive Coins:                   3,241
๐Ÿ“24h Vol %:                         8.69%
๐Ÿ’ฒ24h Vol:                            $62 B

Trade On These Exchanges
  • Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅๐Ÿ‘‰ http://bit.ly/2YlhQRh 
Buy Products and Gift Cards With Bitcoin๐Ÿ‘‰ http://bit.ly/2sFJvSf

- COVID-19 Highlights the Need For Central Bank Digital Currency
Bank for International Settlements has published new research on central bank digital currencies. The report encourages central banks to treat CBDCs as their future. The BIS found that there had been a major bullish shift in sentiment for CBDCs since the beginning of this year. The COVID-19 pandemic has factored into this shift, the report says, citing increased precautionary holdings of cash, commerce moving online, and the fact that “public concerns about viral transmission from cash have risen. Read Full on cointelegraph.

- Ripple CTO Argues Bitcoin Price Can't Drop
Bitcoin has been dismissed by institutions and governments since its inception more than 10 years ago, but the fact that it is still alive and kicking in 2020 reinforces the notion that it’s here to stay and can't be banned. The Chief Technical Officer (CTO) at Ripple, David Schwartz, has recently stated that governments’ restriction or ban cannot take the price of Bitcoin to zero. This came in response to popular american investor Jim Rogers who speculated that Bitcoin will eventually go extinct, and their value will drop to zero. Read Full on yahoo.

- Weiss Ratings: Cardano’s Shelley Transition Expected In Two Weeks
Ever since Charles Hoskinson announced the roadmap for the much-awaited Cardano Shelley upgrade, the community has been on fire with excitement. As per crypto rating agency Weiss Ratings, Upgrade is expected to be launched in less than two weeks. The upgrade is expected to transition the Cardano ecosystem from a federated network to a completely decentralized one. In Charles Hoskinson’s own words, the network will be able to handle as much as 1000 transactions per second in the near future after the Shelley upgrade. Read Full on ZyCrypto.

- SBI Will Launch Crypto Asset Fund Featuring 50% XRP Allocation
Japanese financial giant SBI Holdings says it plans to create a new crypto asset fund that features a 50% allocation to Ripple’s native token XRP. In a new briefing, the financial giant says the crypto asset fund is expected to launch in the coming months. According to SBI, the fund is designed to allow its clients to gain exposure to the unique and emerging asset class. The other half of the fund will feature a 30% Bitcoin (BTC) allocation and a 20% Ethereum (ETH) allocation. Read Full on The Daily Hodl.

- Willy Woo: BTC Bullish Run a Month Away
The popular bitcoin analyst Willy Woo told his 132,000 Twitter followers that he’s working on a new pricing model that suggests bitcoin is close to “another bullish run” in July. Woo tweeted that Bitcoin was setting up for a bullish run until the COVID white swan killed the party. He says the longer this bull market takes to wind up, the higher the peak price. A long sideways accumulation band is ultimately a good thing. Read Full on Twitter.

- Bitcoin Whales Buying Large Stacks Of BTC
As BTC whales accumulate BTCs, Bitcoins circulating supply reduces, and this can weaken any bearish trend BTC finds itself in, which means it’s possible that as Bitcoin approaches its fixed supply of 21 million, the price of BTC will go up, with BTC’s present demand factored in. Data seen from Jonny Moe, a crypto expert shows that Bitfinex’s order book data showed big buyers are stepping in. The orders are at such a size that the trader who shared the chart called the entity a “whale.” Read Full on Twitter.

Post a Comment

0 Comments