Cryptocurrency News Cast For July 6th 2020 ?

Cryptocurrency News Cast 📮 06-07-2020


📈MarketCap:                     $268 B
📊24h Mcap %:                     3.26%
⚠️Bitcoin Dom:                   63.80%
📌Active Coins:                   3,272
📍24h Vol %:                       19.10%
💲24h Vol:                            $71 B

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- Binance Will Support Ontology 2.0 Network Upgrade

Binance, one of the world’s biggest crypto exchanges, has announced on July 5 that it will support the upcoming Ontology 2.0 network upgrade. Ontology 2.0 will include the integration of a number of community-led upgrades to its MainNet. Deposits and withdrawals of ONT will be stopped starting July 6 at 9 a.m. UTC. Users will be notified when the Ontology upgraded network becomes stable and deposits and withdrawals are reopened, says Binance. Read Full on binance.

- Cubans Turning To Cryptocurrencies Amid Food And Cash Crisis

The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number of Cubans are resorting to bitcoin (BTC) and other cryptocurrenciesto curb inflationary pressure. For instance, there are traders on the platform Localbitcoins stemming from Havana and Holguín. Read Full on Bitcoin News.

- Nem's Blockchain Project Will Help Tracking Wine Supply Chain

Tampering, theft and counterfeiting have caused the wine industry millions of dollars in lost revenue. Symbol, an enterprise-friendly blockchain project from the NEM ecosystem is now providing blockchain technology amid further frauds in wine productions. Symbol reportedly developed a blockchain solution that can trace and verify a large number of transactions per second. This can help wine growers and producers keep track of what’s happening with their raw materials and products at every stage of production and distribution. Read Full on cointelegraph.

- People Owning +1 BTC Nears One Million

Two months after the Bitcoin halving event, that occured on May 11th, the number of addresses holding 1+ BTC keeps rising. Trend has continued since the ‘Black Thursday’ market crash in March, which had a catastrophic impact on stocks and cryptocurrencies . Strong interest potential has always allured many new investors who are gradually increasing their bitcoin stash. Presently, the number of addresses holding one or more BTC is coming closer to 1 million and is currently at 816,004. Read Full on ZyCrypto.

- Bakkt Bitcoin Volume Soars By 17% Within A Week

Bitcoin and the crypto market’s multi-month consolidation period have provided investors with an accumulation opportunity, and it appears that institutional and retail investors are taking advantage of this. According to new data, bitcoin trading volume on Bakkt has been rocketing higher in recent times. Total volume on the platform last week was $80 million, marking a 17 percent rise from the prior week. Open interest for the crypto’s monthly futures also rose, climbing by 18 percent as another $9.3 million was added. Read Full on CryptoSlate.

- Expedia Partners With Travala.Com To Accept Crypto

Expedia now allows its over 700,000 accommodations to be booked with cryptocurrency through crypto travel platform Travala.com with already over 2 million options available in 230 countries. Travala.com users can pay for Expedia listings in over 30 cryptocurrencies including bitcoin. Expedia Partner Solutions (EPS) has allowed Travala.com to access its Rapid application programming interface, which allows the firm to offer Expedia's accommodations to its users. Read Full on cointelegraph.

- Crypto Casino: How to gamble using crypto

It's a seemingly ideal use case for decentralized technology and anonymous currency, and many gambling sites have sprung up to meet the demand.There's a rising number of decentralized gambling apps that take place directly on the blockchain as dapps. You can find a handy listing of the most popular ones at DappRadar, Many of the most popular gambling dapps are based on TRON (TRX), as its 2,000 transactions-per-second turnover rate allows services like these to thrive.Read Full on decrypt.co

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