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Cryptocurrency News Cast For Jun 30th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 30-06-2020

๐Ÿ“ˆMarketCap:                     $260 B
๐Ÿ“Š24h Mcap %:                     0.23%
⚠️Bitcoin Dom:                   64.80%
๐Ÿ“ŒActive Coins:                   3,251
๐Ÿ“24h Vol %:                         0.90%
๐Ÿ’ฒ24h Vol:                            $55 B

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- Bitcoin Wrapped On The Ethereum Blockchain Hits $101 Million
The total amount and value of tokenized Bitcoin on the Ethereum blockchain has sharply increased since mid-May, with over $101 million worth of BTC now held in tokens such as Wrapped Bitcoin (WBTC), renBTC, HBTC, imBTC, sBTC and others. WBTC, accounts for the lion’s share of this niche there are currently around 8,200 BTC converted into Ethereum tokens, worth roughly $74.9 million, RenBTC, another tokenized Bitcoin, is currently in second place, with just over 1,000 tokens worth $9.9 million on Ethereum right now. Read Full on Decrypt.

- Andreas Antonopoulos: Use DeFi To Earn Passive Income From Bitcoin
Andreas Antonopoulos says using a DeFi platform is the best way to earn passive income with Bitcoin. In a livestream Q&A session, he said decentralized finance (DeFi) contracts were one way for Bitcoin (BTC) owners to generate passive income without relinquishing custody of their coins. According to Antonopoulos, investors could convert their BTC into Ethereum (ETH) or a stablecoin like Dai (DAI), then lend it out on a platform where the token can earn interest. Read Full on Decrypt.

- Blockstream CEO Adam Back: Bitcoin is Better Without A Founder
A discussion on the identity of Satoshi Nakamoto has led Adam Back, the CEO of Blockstream, to issue an official denial on the case of being the Bitcoin creator. An excerpt from a 40 minute YouTube documentary on the possible identity of the mysterious figure inspired one of the Twitter user to allege that Adam Back is the creator of Bitcoin. However Back denied the social media accusation and has told that Bitcoin is better as a decentralised digital commodity without a founder. We are all Satoshi. Read Full on twitter.

- Charles Hoskinson: Cardano Is The Third Generation Cryptocurrency
Charles Hoskinson, the founder of Cardano, an open-source blockchain and decentralized cryptocurrency project, says the project represents a generational leap in technology compared to Bitcoin (BTC) and Ethereum (ETH). Hoskinson says that the limitations he sees in both Bitcoin and Ethereum led to the creation of Cardano. He believes Cardano is the third generation cryptocurrency, that brings three things together, interoperability, scalability, and sustainability. Read Full on The Daily Hodl.

- Report: China's National Blockchain Project Will Adopt Ethereum
China’s surging ahead with its blockchain aspirations. A fund manager revealed Sunday the country will soon onboard Ethereum to its ambitious Blockchain Service Network (BSN) project, as part of a broader push to leverage blockchain technology within the country. Haseeb Qureshi, the managing partner of crypto-focused Dragonfly Capital, said local sources confirmed the BSN will feature Ethereum and Nervos Network. Qureshi believes the partnership marks a “big deal” for Ethereum and the broader cryptocurrency sector. Read Full on twitter.

- Survey: Indian Crypto Exchanges See Massive Growth Amid Rising Covid-19 Crisis
Crypto industry in India is experiencing massive growth, according to a new survey conducted by Indian media agency Bit2buzz. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. Coindcx CEO Sumit Gupta shared that the daily trading volume on his exchange was around $15 million. Wazirx CEO Nischal Shetty said trading volume has increased 470% on his exchange and he is seeing a tremendous increase in user signups. Read Full on Bitcoin News.

- Augur sets launch date for v2 of its decentralized prediction market
Ethereum-based prediction platform Augur has officially announced the launch of Augur V2 on July 28th. Existing REP tokens, the native token of Augur, will be renamed "REPv1" and the new REP token on Augur V2 will be called "REPv2." Augur v2 introduces a new REP token called "REPv2". The existing REP holders will need to manually migrate their REPv1 to the new REPv2 token to participate in the Augur v2 reporting system. AugurV2 added new features including the ability to use the DAI stablecoins for take over markets. Read Full on The Block.

- Ethereum Active Addresses Reached 2-Year High
Blockchain analytics firm Santiment reported on June 29th, the number of the daily addresses interacting with $ETH has peaked at a 2year single day high of 486,000 addresses in past 24 hours. Ethereum’s address activity was high last time on May 5th,2018. Its look like due to decentralized finance(DeFi) there is progress in Ethereum network. Due to extremely high yields offered by ETH-based protocols in the finance field, there have been many users wanting to capitalize on these trends. Read Full on twitter.

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