Cryptocurrency News Cast For Jun 3rd 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 03-06-2020

๐Ÿ“ˆMarketCap:                   $272 B
๐Ÿ“Š24h Mcap %:                   1.20%
⚠️Bitcoin Dom:                  64.80%

๐Ÿ“ŒActive Coins:                 3,158
๐Ÿ“24h Vol %:                     -49.89%
๐Ÿ’ฒ24h Vol:                           $90 B

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1. Indian IT Giant Tech Mahindra will Offer Blockchain Courses
Indian technology company Tech Mahindra has partnered with edtech firm Idealabs to offer blockchain certification courses which will be offered as a combination of live online and in-person, on-campus classes to learn about blockchain foundations, Ethereum, smart contracts, decentralized apps, and Hyperledger Fabric, among other topics. The two companies intend to build a talent pool for the blockchain industry that could meet the rising job demands. Read Full on.

2. Nike Brings Crypto Rewards On Online Purchases
The United States footwear giant Nike continues to explore the blockchain and cryptocurrency industry by introducing cash backs in crypto. The famous footwear and clothing company has just entered an affiliate partnership with London-based fintech startup Plutus​ to unlock up to 3% in crypto rewards for making purchases on Nike’s online store. The rewards are generated in Plutus’ native token, Pluton (PLU), a decentralized loyalty token running on the Ethereum Network. Read Full on cointelegraph.

3. Almost 80 Percent of Total Bitcoin Supply Is in Profit
The volatile nature of the cryptocurrency market, while for many is a problematic feature, has often been welcomed by traders who are well-versed with its volatility and are thus, able to reap profits. According to data provider Glassnode, 79% of all BTC supply is in a state of profit. As per Glassnode, levels of 90% or higher on the attached chart are usually indicators of bull markets, adding that if the percentage of BTC supply in profit were to climb higher, a bull run in the market will be imminent. Read Full on twitter.

4. Russia Leads In Global Bitcoin Trading
Despite local crypto regulation uncertainty, Russia is strengthening its leadership on major peer-to-peer exchange LocalBitcoins in the share of Bitcoin trading volumes. Russia has traded the most Bitcoin on LocalBitcoins exchange for two consecutive months, April and May 2020. Russia was responsible for 19% of total BTC trading volumes on LocalBitcoins this May, leaving Venezuela and the United States trailing. LocalBitcoins BTC trading in Venezuela and the U.S. reportedly accounted for 11% and 10%, respectively. Read Full on cointelegraph.

5. Caitlin Long's Crypto Bank, Avanti Raises $5M
Avanti Financial Group, crypto advocate Caitlin Long's latest initiative to bank digital asset companies, has closed a $5 million angel round. The funding round was led by the University of Wyoming Foundation with participation from Morgan Creek Digital, Blockchain Capital, Digital Currency Group, and others. Long, the crypto bank's founder and CEO, unveiled Avanti earlier this year to offer digital asset businesses compliant custody and payment services. Read Full on The Block.

6. Microsoft To Set Global Tokenization Standards
Microsoft’s principal architect, Marley Gray, and Enterprise Ethereum Alliance’s former executive director, Ron Resnick, launched the InterWork Alliance, a nonprofit organization aimed at bringing global standards to the token-based ecosystem. At launch, the IWA included more than 28 blockchain, technology and financial organizations, including Microsoft, Chainlink, Hyperledger, IBM, Nasdaq, Accenture and others. The IWA will eventually work on interoperability between decentralized applications from different blockchain networks. Read Full on cointelegraph.

7. Adam Back Says It's Possible to Achieve $300K BTC Without Institutions
Crypto pioneer Adam Back thinks the current financial situation could propel Bitcoin to $300K which might not require additional institutional adoption because the current environment is causing more individuals to think about hedging and retaining value when there’s a lot of money printing in the world. Back said, with this in mind that high inflation could make 1 USD be worth 10 cents over a decade or so, that is "$10mil/BTC is $1mil/BTC in today's money, will make it’s possible to achieve $300K BTC price in five years’ time. Read Full on Cointelegraph.

8. Blockchain Program Graduates Getting $125,000 Job offers
B9lab one of the top educational platforms in crypto has launched its Professional Blockchain Engineer Program that is a rigorous, tutor-led program that includes live mentoring and sample projects where top companies like ConsenSys, Accenture, ING, Nissan, and many others all recruit the program’s graduates. They offer Income Sharing Agreements or ISAs that indicate graduates have to pay 16.5% for up to five years, with a cap of $30,000 that begins when students start earning $50,000. B9lab’s co-founder Elias Haase says average salaries are $125,000 after graduation. Read Full on Crypto Briefing.

9. Bithumb’s Moved Almost 700 mln XRP for 0.00001 XRP Fee
The Twitter bots that track large crypto transactions, of XRP, XRPL Monitor has just reported that the major South Korean Bithumb exchange has moved a jaw-dropping amount of crypto – almost 700 mln XRP – to an anonymous wallet. According to XRPL monitor, 699,999,981 mln XRP was transferred between Bithumb’s XRP wallets, and the fee that Bithumb paid for transferring this enormous amount is only 0.00001 XRP, which no bank would have been able to offer. Read Full on U.Today.

News Source | cryptocrunchapp.com

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