Cryptocurrency News Cast For July 1st 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 01-07-2020

๐Ÿ“ˆMarketCap:                     $264 B
๐Ÿ“Š24h Mcap %:                     1.56%
⚠️Bitcoin Dom:                   64.70%
๐Ÿ“ŒActive Coins:                   3,254
๐Ÿ“24h Vol %:                         0.35%
๐Ÿ’ฒ24h Vol:                            $57 B

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- Bittrex Global Crypto Exchange Will Soon List Centric Cash Token
Blockchain-based cryptocurrency payment network, Centric that is composed of two distinct tokens centric rise and centric cash to offers stability, an incentive structure, and store of value for early adopters has announced that Its second token Centric Cash ($CNS), that is pegged to platform's first token Centric Rise, which is designed to increase in price hourly, offer a reliable store of value and incentivizes its users will soon be listed on Bittrex Crypto Exchange. Read Full on joincentric.

- Anthony Pompliano: Its Hard Not To Be Bullish On Bitcoin
Morgan Creek Co-founder and major Bitcoin bull, Anthony Pompliano says it is hard not to be bullish on Bitcoin considering the ongoing chaos in the world. Pompliano made the declaration due to the ongoing tension concerning fiat currency, especially the U.S Dollar which has been considered as a reserve currency for centuries. Several questions are being raised on the future of the USD because of the indiscriminate printing of the currency. Due to which several institutional investors are flocking into bitcoin. Read Full on twitter.

- FCA: 2.6 Million People Have Bought Crypto In UK
United Kingdom’s Financial Conduct Authority(FCA) estimates 2.6 million U.K. consumers have bought cryptocurrency. FCA research has published on June 30, 1.9M people that is 3.86% of the general adult population (18+) currently own cryptocurrency, which was only 3% in 2019 as per FCA's 2019 consumer research report. Report Further Sates that 73% of adults now have heard of crypto, compared to 42% last year. Based on FCA’s research 75% of the 1.9 million currently holding crypto hold under £1,000 ($1,229) worth. Read Full on btcmanager.

- You Can Now Undo Your Bitcoin Transactions
Israeli blockchain startup, Kirobo claims they’ve invented “Retrievable Transfer", a way cancel crypto transactions if user has sent bitcoin to the wrong wallet address. They provide a unique code to the sender and the receiver has to enter the matching password in order to receive the transfer. Until the right code has been provided by the recipient, the sender can retrieve the funds at any time. Kirobo says the Retrievable Transfer feature is now available on the Ledger crypto wallet for Bitcoin (BTC) transactions. Read Full on cointelegraph.

- Report: Bank of America Treating Bitcoin and Ether As Cash Equivalent
An image posted by a user on the r/Cryptocurrency subreddit showed a Bank of America notice stating all cryptocurrency purchases will be treated as a “cash equivalent.” This applies to all BoA credit card purchases of digital currencies. As the image shows; terms and conditions under the “Types of Transactions” have changed to include cryptocurrencies as a “cash equivalent,” that in turn, will be treated as a cash advance, the service allows cardholders to withdraw cash either through an ATM or over the counter at a bank. Read Full on reddit.

- IOTA’s Marks First Milestone Of Becoming Fully Decentralized
Iota, a major blockchain project designed for the Internet of Things, has entered the first phase in its roadmap for upgrading the network to IOTA 2.0. Users can now download the new Pollen release in the first fully decentralized IOTA test network. The release is the first phase in Iota’s IOTA 2.0 transition roadmap. Iota Foundation laid out three phases to reach the so-called “Coordicide”, that will envision the permanent removal of Iota’s Coordinator. By releasing Pollen, the Iota project marks its first milestone leading up to Coordicide. Read Full on cointelegraph.

- Pundi X Merchants Can Sell Crypto Through PayPal
As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Singapore-based blockchain firm Pundi X has united PayPal support for its point-of-sale device 'Xpos'. PayPal is the first mobile payment gateway to be integrated on Xpos, and users from more than 30 countries can now accept funds by payment processors. This partnership brings credit card payments to Pundi X's point-of-sale system, and allows cryptocurrencies to buy through PayPal from supporting Xpos merchants. Read Full on cointelegraph.

- Mark Yusko Says Bitcoin Can Be Considered As Money
Mark Yusko, the founder of Morgan Creek Capital Management, claims that only gold and Bitcoin can be considered money. Citing legendary American financier J. P. Morgan, he believes that other asset classes simply represent credit, whereas Bitcoin, a trustless and decentralized digital currency, is often called ‘digital gold’ whose annual inflation rate is now below that of the yellow metal can also be considered as money. Back in May, Yusko predicted that Bitcoin could surpass the market cap of gold, with its price reaching $400,000. Read Full on twitter.

- Lawyers Can Accept Cryptocurrency As Payment In Washington, DC
Lawyers working within the jurisdiction of Washington, D.C., can now accept crypto as a form of payment for legal services. Cryptocurrency can be used to pay for legal services as long as the fee agreement is fair and is only permissible if the lawyer is able to safely store the payment, the District of Columbia Bar said. Lawyers also must be competent in blockchain, the underlying technology of bitcoin and other cryptocurrencies, in order to ensure the safety and protection of all advance fees. Read Full on bloomberg.

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