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Crypto News Cast For October 30th 2020 ?


Crypto News Cast 📮 30-10-2020


Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $394 B
📊24h Mcap %:        1.28%
⚠️Bitcoin Dom:        63.50%
📌Active Coins:       4,485
📍24h Vol %:            8.96%
💲24h Vol:                $100 B

Crypto News Updates :

  • Casa Launched ‘Bank-to-Wallet’ Bitcoin-Buying Service
  • Mastercard And Grainchain Collaborate To Inovate Agriculture Sector
  • Iran Will Use Cryptocurrency Fund For Imports
  • 10 Year Performance Proves That Bitcoin Is A Once-In-Lifetime Opportunity
  • Microstrategy CEO Michael Saylor Personally Owns $240 Million In Bitcoin
  • Huawei Unveils New Smartphone With China's Digital Yuan Wallet
  • Thailand's Siam Commercial Bank Will Bridge Gap Between Banks and DeFi
  • Fidelity Expanding Its Crypto Custody Service To Asia


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- Casa Launched ‘Bank-to-Wallet’ Bitcoin-Buying Service

Cryptocurrency custody platform Casa’s users can now purchase bitcoin (BTC) on the platform using their bank account. It is currently rolling out the service for its U.S. customers, and the bought Bitcoin (BTC) would be directly deposited to a user’s wallet. Casa said users can buy a maximum of $20,000 worth of bitcoin per month using this service and that platform levies a fee of 0.99% on every purchase. According to Casa CEO Nick Nueman, the BTC is procured via partner platform Wyre. He said that because all BTC purchased with Casa is being sent on-chain directly to users' wallets, every purchase also includes a mining fee. Read Full on CoinDesk

- Mastercard And Grainchain Collaborate To Inovate Agriculture Sector

Global payments giant Mastercard announced a collaboration with GrainChain, a technology company that enables supply chain visibility, empowering suppliers and farmers while reducing risks to buyers in the US, Mexico and Central America. Together the two companies plan to register commodity data digitally via blockchain. Mastercard and GrainChain intend to provide end-to-end visibility and allow all participants of the process to track commodities all the way from harvest to delivery to buyers. Read Full on U.Today

- Iran Will Use Cryptocurrency Fund For Imports

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue to flow. Country's cabinet has amended recent legislation on digital assets to allow cryptocurrency to be used for import funding by the Central Bank of Iran (CBI). Crypto miners in the country can now sell Crypto directly to the central bank. The Central Bank of Iran will use cryptocurrency from miners in foreign trade deals. Cryptocurrency has become increasingly important in Iran as the nation suffers from economic woes brought by U.S. sanctions and the coronavirus pandemic. Read Full on coindesk

- 10 Year Performance Proves That Bitcoin Is A Once-In-Lifetime Opportunity

When we talk about Bitcoin, we are talking about a true monetary revolution that will change the future of the world in terms of money. Despite this, some still doubt that Bitcoin is a once-in-a-lifetime opportunity. For example, if you had invested $1,000 on Bitcoin in October 2010, you could have gotten 8,000 BTC since its price at the time was $0.125 which is now equivalent of $108,800,000. Never in history has an investment offered such a return in such a short period of time. Read Full on medium.com

- Microstrategy CEO Michael Saylor Personally Owns $240 Million In Bitcoin

Following a $425 million bitcoin purchase by his billion-dollar company, MicroStrategy CEO Michael Saylor has revealed how much Bitcoin he personally owns. In a tweet, Saylor said "I personally #hodl 17,732 BTC which I bought at $9,882 each on average." Running the numbers, that means Saylor has spent $175,227,624 on Bitcoin, which is currently worth a cool $236,291,312 at today's Bitcoin price. "I informed MicroStrategy of these holdings before the company decided to buy Bitcoin for itself," he added. Read Full on Twitter

- Huawei Unveils New Smartphone With China's Digital Yuan Wallet

Huawei has announced that its forthcoming Mate40 smartphone series will include an integrated hardware wallet for China’s central bank digital currency, the digital yuan. The users will be able to control and protect their anonymity and perform dual offline transactions. These allow mobile phone users to transfer funds simply by touching their devices together, even if both are offline. The Mate40 is the first Huawei smartphone to utilize 5nm chip technology, as recently debuted on Apple’s iPhone 12. Read Full on cointelegraph

- Thailand's Siam Commercial Bank Will Bridge Gap Between Banks and DeFi

Siam Commercial Bank, one of the largest commercial banks in Thailand, is making moves in the decentralized finance (DeFi) space. SCB 10X, the bank's venture arm, is working with DeFi ecosystem Alpha Finance Lab to attract users to DeFi. Kaweewut Temphuwapat, head of venture builder SCB 10X, said, SCB 10X is committed to embracing emerging technologies with Alpha Finance Labs to create a unique suite of products that bridges the gap between the traditional and decentralized financial sectors. Read Full on Decrypt

- Fidelity Expanding Its Crypto Custody Service To Asia

The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia. A new partnership will bring Stack’s regional clients access to the secure custody services provided by Fidelity Digital Assets. Stack Funds co-founder and chief operating officer Matthew Dibb told, firm is utilizing the custody services of Fidelity as they are seeing a large uptick in demand for digital assets from traditional investors across Asia. Read Full on CoinDesk.

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