Cryptocurrency News Cast For Jun 4th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 04-06-2020

๐Ÿ“ˆMarketCap:                   $279 B
๐Ÿ“Š24h Mcap %:                   3.09%
⚠️Bitcoin Dom:                  65.20%

๐Ÿ“ŒActive Coins:                 3,158
๐Ÿ“24h Vol %:                     -0.10%
๐Ÿ’ฒ24h Vol:                           $89 B

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1. More Than 50% Of Booking On Travala Were Done Via Crypto
Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. About 21% of all bookings were paid in bitcoin (BTC), followed by its native token AVA (16%), Crypto.com Pay (14%), BNB (2%), and other cryptocurrencies (7%). Meanwhile, credit card and Paypal accounted for 40%. Read Full on Bitcoin News.

2. US Firm Installs 700 Bitcoin Mining ASICs
United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units. Marathon Patent Group installed 700 Whatsminer M30S+ ASICs produced by MicroBT. The company is also reportedly waiting for a delivery of 1,160 AntminerS19 Pro units produced by leading mining ASIC producer, BitMain. That means Marathon Patent Group will be generating total hashrate of 197.600 PH/s to mine Cryptocurrency. Read Full on cointelegraph.

3. Litecoin MimbleWimble Protocol Will Launch Testnet In September
David Burkett, developer of the MimbleWimble privacy protocol, for obfuscating Litecoin (LTC) transactions has published another monthly update and revealed the date of the testnet launch. He has started work on the mempool logic, which is one more significant step towards the integration of MimbleWimble into the Litecoin (LTC) network. He said, in June, the protocol will start mining valid chains with MW blocks to assure the integrity of blockchain operations. September is set as the preliminary date for the testnet launch. Read Full on twitter.

4. Peaceful Protestor Recommends Bitcoin On Live TV
Widespread protests have erupted into the streets over the unjust passing of George Floyd. One particular protest in Los Angeles featured an outraged citizen who took pause to recommend Bitcoin on live TV as a way to “opt-out” of the failing economy. He told, Unfortunately, we live in a system that will not allow us to thrive or strive and has continually been, literally, on our necks. He told, the solution for this problem, is to opt out and exit the economy as a whole, and the way we do that is by buying Bitcoin. Read Full on twitter.

5. Joe Rogan Uses Crypto Powered Privacy Browser Brave
Google Chrome is the world's biggest internet browser with a staggering near-60% market share but new rivals are gaining ground amid rising privacy concerns. This week, podcaster Joe Rogan, who has recently been thrust into the limelight after he signed a major deal with streaming service Spotify, revealed he uses the cryptocurrency-powered Chrome rival Brave to avoid internet ads and Google's overzealous tracking. Brave, an open-source internet browser that aims to protect users’ privacy by blocking ads and website trackers. Read Full on Forbes.

6. Yunnan to Track $2.5B Worth of Tea Products with Blockchain Platform
The Chinese province of Yunnan announced the launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3, which is a platform to conduct quality control, sales, and loan financing operations on 42,000 hectares of farmland across the province. By scanning QR codes within the blockchain platform, customers can understand the product's raw material base, production process, quality testing, product sales, financial support, and other detailed information. According to the report, the Pu’er tea industry’s products yield a total of $2.5 billion on average. Read Full on Cointelegraph.

7. Cardano's Shelley Upgrade Announcement Boosts Price Up To 60%
Cardano co-founder Charles Hoskinson announced the roadmap for the Shelley upgrade, to make it a distributed one from a centralized network. Hoskinson says this is like Ripple changing its consensus protocol which no cryptocurrency has really done this to this scale after they’ve rolled out. With the launch date less than a month away, the price has seen a significant increase from $0.055 to $0.087, and daily trading volume increased by more than fourfold. Read Full on Cointelegraph.

8. Japan's Biggest Banks Wants To Build a Digital Payments System
Three of Japan’s largest banks are among major players joining a study group looking at developing a digital payment system for cryptocurrencies. Mitsubishi UFJ Financial Group (MUFG), Mizuho Financial Group, and Sumitomo Mitsui Financial Group – institutions that control more than $6.6 trillion in assets between them – will participate in a study group to determine the feasibility of a national digital payments solution. Topics up for discussion include how a proposed digital payment system would operate, and potential use cases. Read Full on CoinDesk.

News Source | cryptocrunchapp.com

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