Cryptocurrency News Cast For July 8th 2020 ?

Cryptocurrency News Cast 📮 08-07-2020


📈MarketCap:                     $275 B
📊24h Mcap %:                     2.90%
⚠️Bitcoin Dom:                   62.90%
📌Active Coins:                   3,300
📍24h Vol %:                        13.10%
💲24h Vol:                            $76 B

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- Binance Added 15 New National Currencies To Its Platform

Binance has added support for deposits in 15 additional fiat currencies to its platform through a partnership with Etana Custody. Integration will help people in the European, Asian, North America to have access to crypto. Binance has added support for the United Arab Emirates dirham, Australian dollar, Canadian dollar, Swiss franc, Czech koruna, euro, British pound, Hong Kong dollar, Danish krone, Hungarian forint, Mexican peso, Norwegian krone, New Zealand dollar, Polish złoty and Swedish krona. Read Full on cointelegraph.

- Twitter Users Can Now Send Crypto With Torus

Torus, a Singaporean crypto key management platform, now allows users to send cryptocurrencies through social media platforms like Twitter. With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the firm says. Torus showcased a couple of Twitter transactions, featuring 0.01 ETH transfers to major crypto figures like Ethereum co-founder Vitalik Buterin, Binance CEO Changpeng Zhao as well as Elon Musk. Read Full on cointelegraph.

- Major Indian Farm Producer Organization Will Use Blockchain

One of India’s largest farm producer organizations (FPO), Sahyadri Farmers Producer Co, is integrating blockchain into its supply chains to increase efficiency and transparency in the traceability of food products. Sahyadri FPO Chairman, Vilas Shinde, said that farmers get only 25% of the final price of sold goods. Through blockchain implementation, they can share as much as 50% of their revenue with farmers and allow customers to trace products back to the individual farmer who produced it. Read Full on cointelegraph.

- Argentina Records Its Highest Bitcoin Trading Volume

In the midst of a financial crisis, Argentina is now trading more Bitcoin than ever. Last week, Bitcoin trading in Argentina exploded to a record-setting volume of 101 million Argentine pesos. The surge in BTC trading comes amid what could potentially be Argentina's worst economic recession in its troubled history. Argentines went from trading 59 million pesos worth of Bitcoin for the week ending on June 27 to breaking the 100 million pesos barrier the following week. Traders in the country are presumably seeking safe haven assets. Read Full on Decrypt.

- Indian IT Giant Tech Mahindra Will Protect Content Using Blockchain

Tech Mahindra, an Indian multinational company providing information technology services has launched a distributed ledger technology solution called the Blockchain Based Contracts and Rights Management System(bCRMS) powered by IBM’s Hyperledger-based blockchain network, designed to protect the intellectual property of content creators and simplifies royalty payments. Firm says its bCRMS solution will gave a clear picture of where content has been distributed to, thereby limiting illegal redistribution of licensed content. Read Full on BTCMANAGER.

- Tik Tok Video Pumps Dogecoin More Than 40%

A viral Tik Tok video about Dogecoin is pushing the price of the cryptocurrency through the roof. Coin has leaped 48% in 24 hours. The surge came after Tik Tok user “James Galante” posted a video called “Let’s all get rich,” and persuaded viewers to invest in the cryptocurrency. The so-called #DogecoinTikTokChallange has attracted almost half a million views and 58,000 likes to date. It has pushed Dogecoin up the rankings to reach the number 33 cryptocurrency by market cap. Read Full on coindesk.

- Charles Hoskinson Wants Cardano And Litecoin To Collaborate

IOHK CEO and Cardano co-founder Charles Hoskinson has come up with a collaboration proposal for Litecoin creator Charlie Lee in his latest tweet on twitter. A partnership between Cardano and Litecoin would unite two very different systems. Cardano is a proof-of-stake blockchain system while Litecoin is a proof-of-work blockchain system. Charles Hoskinson wants to test cross chain communication between Litecoin and Cardano. He specifically believes it would be great for the two blockchain projects to do something together. Read Full on U.Today

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