Cryptocurrency News Cast For July 21st 2020 ?

Cryptocurrency News Cast 📮 21-07-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap:       $277 B

📊24h Mcap %:      2.10%

⚠️Bitcoin Dom:      62.20%

📌Active Coins:      3,352

📍24h Vol %:           7.90%

💲24h Vol:               $61 B

Cryptocurrency News Updates :

•  Bitcoin Rises as EU Agrees €750B in Coronavirus Stimulus
•  Changpeng Zhao: Bitcoin Has Been Really Stable
•  Fifth Largest Bank MUFG To Launch Digital Currency In 2020
• Ethereum Welcomes Layer-2 Scaling Solution For Private Transactions
  
•  FINRA Allow Grayscale To Trade Litecoin and Bitcoin Cash Publicly
•  US Banks Running Out Of Coins, Bitcoin Keeps On Persisting Along
•  Number of ETH Exchange Deposits Rising 
• Standard Chartered Will Offer Crypto Custody Solution
  

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• Binance: http://bit.ly/34urfrJ

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- Bitcoin Rises as EU Agrees €750B in Coronavirus Stimulus

Bitcoin edged higher on Tuesday as stock markets cheered the EU’s decision to approve a landmark coronavirus recovery fund. European Union leaders clinched the long-awaited €750 billion post-pandemic fiscal stimulus plan during the Asian trading hours, boosting demand for equities and sending EUR/USD to a 4.5-month high of 1.1470. Meanwhile the leading cryptocurrency by market value also jumped from $9,190 to $9,360 during the 60 minutes to 08:00 UTC. Bitcoin is trading at $9,382 at press time. Read Full on CoinDesk.

- Changpeng Zhao: Bitcoin Has Been Really Stable

Crypto exchange Binance’s CEO Changpeng Zhao or CZ, at the interview with Bloomberg Daybreak, has told that world's number one cryptocurrency by marketcap, bitcoin has record-low volatility since last month. Bitcoin has had very few big moves for weeks, with the token remaining between $9,000 and $9,500. BTC is priced at $9,175 at press time. He told, sooner or later it’s going to break out, but right now Bitcoin has been really stable. People have been calling it a stablecoin now. Read Full on youtube.

- Fifth Largest Bank MUFG To Launch Digital Currency In 2020

The world's fifth largest bank, Mitsubishi UFJ Financial Group (MUFG), is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group in the second half of this year. The digital currency will be initially utilized in a smartphone payment app for member companies listed on Recruit's website. Recruit has around 1 million member stores. While only Recruit members will be allowed to participate initially, the initiative could one day be used more widely by non-Recruit site member stores, too. Read Full on CoinDesk.

- Ethereum Welcomes Layer-2 Scaling Solution For Private Transactions

After seven months, a Zero-Knowledge Proof Optimistic Rollup (Zkopru) implementation for Ethereum is ready for testing. The Layer-2 fraud-proof solution not only introduces privacy to ether, ERC-20, and ERC-721 transactions but also supports private atomic swaps. If Zkopru is finalized, it will enable Ethereum transactions to be processed privately, cheaply, and away from the main chain. Interestingly, the pay-in-advance feature enables users to withdraw assets from Layer-2 before transaction finalization. Read Full on BTCMANAGER.

- FINRA Allow Grayscale To Trade Litecoin and Bitcoin Cash Publicly

The Financial Industry Regulatory Authority (FINRA) in the United States had approved shares of Grayscale Investment’ Bitcoin Cash Trust and Litecoin Trust for public trading. The two stocks will be available on OTC markets under the symbols BCHG and LTCN. This means that these vehicles, which were previously only accessible to accredited investors, can now be bought by retail investors with access to OTC Markets. Read Full on NewsBTC.

- US Banks Running Out Of Coins, Bitcoin Keeps On Persisting Along

The U.S. economy is experiencing a shortage of coins. With this in mind, the Community State Bank, or CSB, of Milwaukee is offering a 5% premium to customers who turn in coins to one of its locations. Meanwhile Bitcoin (BTC) is not expected to run out of Satoshis anytime soon. As of today, there are 18.44 million Bitcoins or 1.84 quadrillion Satoshis in circulation. If at some point 1 Satoshi were to become too valuable due to the asset’s massive appreciation, the community could implement a hard fork to introduce an even smaller unit. Read Full on cointelegraph.

- Number of ETH Exchange Deposits Rising

According to data shared by analytics research firm Glassnode, the number of ETH deposits made to crypto exchanges has spiked more than 30% —increase of 172.438 deposits over the previous figure of 566.500, over the past 24 hours. With the spread of DeFi and the amount of ETH locked within its apps, as well as a major upgrade—Ethereum 2.0—expected to be rolled out sometime this year, many are hoping the price of Ethereum will print a significant rise soon. Read Full on U.Today.

- Standard Chartered Will Offer Crypto Custody Solution

Standard Chartered’s venture and innovation arm has been working on a crypto custody offering for the institutional market and the first pilot could launch later this year. Alex Manson, the head of SC Ventures, said that 20 institutions have expressed interest in the custodial solution. Although it will be based in the U.K., it will be open to customers from around the world. As well as assets such as bitcoin, SC Ventures is also considering creating suitable solutions for security tokens. Read Full on CoinDesk.

Cryptocurrency News Cast For July 2nd 2020 ?

Cryptocurrency News Cast 📮 02-07-2020

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📈MarketCap:                     $259 B

📊24h Mcap %:                    -1.98%

⚠️Bitcoin Dom:                   64.60%

📌Active Coins:                   3,263

📍24h Vol %:                         0.46%

💲24h Vol:                            $59 B

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- Max Keiser: USA and Iran Bitcoin Hash Rate War Could Send Bitcoin to $500K

In the latest episode of his Keiser Report TV show, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to embrace BTC. Keiser said, Iran has already got 3% of global bitcoin hash rate and Venezuela will get 3-5% pretty quickly. He believes at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price will go to $400,000, $500,000. Read Full on cointelegraph.

- Europe’s Third Largest Exchange, Deutsche Boerse Xetra Lists Bitcoin ETP

21Shares, a Swiss-based product provider formerly known as Amun, stated that its Bitcoin ETP has listed on Deutsche Boerse's Xetra, Europe’s third-largest exchange. Laurent Kssis, 21Shares’ managing director, said that the listing on Xetra not only supports their current position in Germany but also opens up institutional-grade crypto products to the wider European and international markets. Investors will be able to begin trading the Bitcoin ETP on Xetra from Thursday. Read Full on CoinDesk.

- Crypto And Blockchain Based Companies In Japan Is Rising

The number of crypto and blockchain-related companies in Japan has increased by more than 30% this year, data from Monex Group's Monex Crypto Bank shows. There are 430 crypto and blockchain based companies in Japan as of May 2020, which shows a 30.7% jump from the 329 companies reported in July 2019. According to the Monex report, 64% are focusing on crypto and blockchain-related businesses while 36% are "not primarily" involved. Read Full on cointelegraph.

- Travala.com Now Accepts Payments in Cardano’s ADA

EMURGO, a global blockchain solutions provider has inked a deal with online travel agency Travala.com to make it possible for travelers to seamlessly book hotels and travel accommodations across 90,000 worldwide destinations using Cardano’s native digital token ADA. The alliance between the two entities is a step forward toward wider adoption of ADA at a time when economies the world over are steadily lifting their travel restrictions and welcoming tourists. Read Full on BTCMANAGER.

- Investments in Bitcoin Doubled by Boomers, Gen-X Every Month Since Lockdown

Since its inception, interest in Bitcoin has been much stronger in younger age groups than in older ones. However, a recent study conducted by Mode Banking reveals that Bitcoin (BTC) investments have been doubling every month since February among Boomers and Gen-X, signalling wider crypto adoption. Taking February as a benchmark, both age groups invested 2.24x more in BTC in March than they did in February, 4.49x more in April, and a staggering 8.88x more in May. Read Full on Mode.

- Vitalik Buterin: Ethereum Will Scale Upto 100K Transaction Per Sec

Vitalik Buterin states that Ethereum is gearing up to supercharge it’s through put as developers continue to work on the long-awaited ETH 2.0 update. ETH 2.0 is designed to improve the scalability and performance of blockchain as it turns from proof-of-work (POW) to proof-of-stake (POS) consensus mechanism. Ethereum co-founder Vitalik Buterin mention that ETH 2.0 will eventually lead to the network scaling with the capabilities to handle 100,000 transactions per second (TPS). Read Full on twitter.

- Bitcoin Daily Active Addresses Recorded 3 Fold Increase In Three Year

Bitcoin recorded new heights on a variety of metrics. New and active bitcoin addresses reached new highs after weeks of uninspired price action. Shortly after the drop in early 2018, the number of daily new addresses has been steadily on the rise from 195K to 450K, whereas daily active addresses have grown nearly three-fold from 423K to 1.08 million in the same period. Looking at social engagement over 2020, this week also saw a slight gain in Bitcoin posts across all social platforms, to 927,000 posts. Read Full on cointelegraph.

- Alibaba Leads In Blockchain Patent Race

New report states Chinese multinational Alibaba leads the world in patents awarded for blockchain-related technology. According to the 2020 Blockchain Global Patent Au­tho­ri­sa­tion Re­port, there are 3924 awarded patents for blockchain tech to date. US firms account for the lion’s share of awarded patents, at 39%, Korea has 21%, while China comes in at 19%. Alibaba leads the field of individual firms with the most patents, with 212 awarded blockchain patents, while IBM has 136. China’s other web giant, Tencent, has 42. Read Full on Decrypt.

- Lebanese Lira Is Now Worth One Satoshi

Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power in less than two weeks. On July 2, crypto advocate Saifedean Ammous, author of The Bitcoin Standard, told after “having lost half its value in the last 10 days, the Lebanese lira is now worth one satoshi". On June 21, Ammous noted that Ten years ago, one Lebanese lira was worth 0.67 Bitcoin. Read Full on twitter.

Cryptocurrency News Cast For July 1st 2020 ?

Cryptocurrency News Cast 📮 01-07-2020

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📈MarketCap:                     $264 B

📊24h Mcap %:                     1.56%

⚠️Bitcoin Dom:                   64.70%

📌Active Coins:                   3,254

📍24h Vol %:                         0.35%

💲24h 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.

Cryptocurrency News Cast For Jun 30th 2020 ?

Cryptocurrency News Cast 📮 30-06-2020

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📈MarketCap:                     $260 B

📊24h Mcap %:                     0.23%

⚠️Bitcoin Dom:                   64.80%

📌Active Coins:                   3,251

📍24h Vol %:                         0.90%

💲24h Vol:                            $55 B

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- Bitcoin Wrapped On The Ethereum Blockchain Hits $101 Million

The total amount and value of tokenized Bitcoin on the Ethereum blockchain has sharply increased since mid-May, with over $101 million worth of BTC now held in tokens such as Wrapped Bitcoin (WBTC), renBTC, HBTC, imBTC, sBTC and others. WBTC, accounts for the lion’s share of this niche there are currently around 8,200 BTC converted into Ethereum tokens, worth roughly $74.9 million, RenBTC, another tokenized Bitcoin, is currently in second place, with just over 1,000 tokens worth $9.9 million on Ethereum right now. Read Full on Decrypt.

- Andreas Antonopoulos: Use DeFi To Earn Passive Income From Bitcoin

Andreas Antonopoulos says using a DeFi platform is the best way to earn passive income with Bitcoin. In a livestream Q&A session, he said decentralized finance (DeFi) contracts were one way for Bitcoin (BTC) owners to generate passive income without relinquishing custody of their coins. According to Antonopoulos, investors could convert their BTC into Ethereum (ETH) or a stablecoin like Dai (DAI), then lend it out on a platform where the token can earn interest. Read Full on Decrypt.

- Blockstream CEO Adam Back: Bitcoin is Better Without A Founder

A discussion on the identity of Satoshi Nakamoto has led Adam Back, the CEO of Blockstream, to issue an official denial on the case of being the Bitcoin creator. An excerpt from a 40 minute YouTube documentary on the possible identity of the mysterious figure inspired one of the Twitter user to allege that Adam Back is the creator of Bitcoin. However Back denied the social media accusation and has told that Bitcoin is better as a decentralised digital commodity without a founder. We are all Satoshi. Read Full on twitter.

- Charles Hoskinson: Cardano Is The Third Generation Cryptocurrency

Charles Hoskinson, the founder of Cardano, an open-source blockchain and decentralized cryptocurrency project, says the project represents a generational leap in technology compared to Bitcoin (BTC) and Ethereum (ETH). Hoskinson says that the limitations he sees in both Bitcoin and Ethereum led to the creation of Cardano. He believes Cardano is the third generation cryptocurrency, that brings three things together, interoperability, scalability, and sustainability. Read Full on The Daily Hodl.

- Report: China's National Blockchain Project Will Adopt Ethereum

China’s surging ahead with its blockchain aspirations. A fund manager revealed Sunday the country will soon onboard Ethereum to its ambitious Blockchain Service Network (BSN) project, as part of a broader push to leverage blockchain technology within the country. Haseeb Qureshi, the managing partner of crypto-focused Dragonfly Capital, said local sources confirmed the BSN will feature Ethereum and Nervos Network. Qureshi believes the partnership marks a “big deal” for Ethereum and the broader cryptocurrency sector. Read Full on twitter.

- Survey: Indian Crypto Exchanges See Massive Growth Amid Rising Covid-19 Crisis

Crypto industry in India is experiencing massive growth, according to a new survey conducted by Indian media agency Bit2buzz. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. Coindcx CEO Sumit Gupta shared that the daily trading volume on his exchange was around $15 million. Wazirx CEO Nischal Shetty said trading volume has increased 470% on his exchange and he is seeing a tremendous increase in user signups. Read Full on Bitcoin News.

- Augur sets launch date for v2 of its decentralized prediction market

Ethereum-based prediction platform Augur has officially announced the launch of Augur V2 on July 28th. Existing REP tokens, the native token of Augur, will be renamed "REPv1" and the new REP token on Augur V2 will be called "REPv2." Augur v2 introduces a new REP token called "REPv2". The existing REP holders will need to manually migrate their REPv1 to the new REPv2 token to participate in the Augur v2 reporting system. AugurV2 added new features including the ability to use the DAI stablecoins for take over markets. Read Full on The Block.

- Ethereum Active Addresses Reached 2-Year High

Blockchain analytics firm Santiment reported on June 29th, the number of the daily addresses interacting with $ETH has peaked at a 2year single day high of 486,000 addresses in past 24 hours. Ethereum’s address activity was high last time on May 5th,2018. Its look like due to decentralized finance(DeFi) there is progress in Ethereum network. Due to extremely high yields offered by ETH-based protocols in the finance field, there have been many users wanting to capitalize on these trends. Read Full on twitter.

Cryptocurrency News Cast For Jun 25th 2020 ?

Cryptocurrency News Cast 📮 25-06-2020

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📈MarketCap:                     $261 B

📊24h Mcap %:                   -2.10%

⚠️Bitcoin Dom:                   64.40%

📌Active Coins:                  3,233

📍24h Vol %:                        1.90%

💲24h Vol:                           $72 B

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- OKEX CEO: Second U.S Stimulus Checks Will Boom Bitcoin Price

Jay Hao, the CEO of crypto exchange OKEx, suggested that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further. Hao explained that after the first $2.2 trillion stimulus bill was signed in late March, Bitcoin surged by around 58% from $6,580 to $10,400. Hao also said he expects retail investors to be even more interested in Bitcoin as they will be the main promoters of the Bitcoin price surge under the second round of stimulus. Read Full on Cointelegraph.

- New York Will Ease Crypto Licensing Rules

The NYDFS is making it easier for crypto companies to receive the right licensing, as well as list the coins of their choosing. As it stands, crypto firms in New York must obtain the “BitLicense,” that crypto companies and exchanges need to receive, store, issue or send cryptocurrencies. However so far Only 25 firms have been granted the license since 2015. The NYDFS is now proposing to introduce a “conditional” license with which crypto companies could work with companies that have been issued with an actual BitLicense. Read Full on decrypt.

- Venezuela’s Govt Accepts Bitcoin To Pay For New Passports

Unable to process payments via credit card, Venezuela appears to be testing Bitcoin as a viable payment option for passports. SAIME, Venezuela's Administrative Service for Identification, Migration, and Foreigners is reportedly planning to accept bitcoin (BTC) as a new payment method for citizens seeking a Venezuelan passport. The option was only available for some applicants outside the country not for the users actually living in Venezuela. Read Full on Cointelegraph.

- Novogratz Predicts Bitcoin Will Reach $20,000

Galaxy Digital Holdings CEO Mike Novogratz predicted bitcoin reaching $20k amidst the US Federal Reserve's ongoing dollar-printing spree. The former Wall Street hedge fund manager predicted bitcoin would break above $10,000 in the short-term with a possible move to the previous all-time high of $20,000. Novogratz noted that investors are turning to bitcoin and gold amidst the ongoing money-printing spree by the US Fed and Treasury. Read Full on CryptoGlobe.

- Australians Can Now Pay for BTC at 3,500+ Post Offices

Australia Post in its recent partnership with Bitcoin.com.au allows Australians to pay for Bitcoin (BTC) at the country’s post offices. Customers of local cryptocurrency exchange Bitcoin.com.au customers will be able to pay for Bitcoin at more than 3,500 Australian Post offices. Holger Arians the firm’s CEO said that the new payment option will make some people more comfortable with buying crypto and feels safer than transferring funds online— particularly for first-time buyers. Read Full on Cointelegraph.

- Ethereum Addresses Holding 10+ ETH Reaches New All Time High

The second Largest crypto, Ethereum's on-chain fundamental data is showing that more investors are holding ethereum than ever before. Data provider Glassnode data shows that the number of investors with more than 10 ETH ($2,343) in their wallet has reached a new high of 276,131. Another renowned analytics company, Skew, has shared data according to which the number of Ethereum daily transactions has reached over 1 mln and is approaching a new all-time high. Read Full on U.Today.

- Robert Kiyosaki: Bitcoin Is Real Money, It Can Stop Fed From Screwing You

Prominent real state investor, author of ‘Rich Dad, Poor Dad’ and financial educator Robert Kiyosaki is again urging his followers to invest in Bitcoin. Kiyosaki explained how Bitcoin is ‘real money’ that can prevent the United States Fed Reserve from ‘screwing everyone’. Calling the newly printed dollars by the Fed fake USD. The investment guru told that by printing more fiat USD, the Fed only saves ‘friends’ and ‘screws everyone’ else. Read Full on Twitter.

Cryptocurrency News Cast For Jun 23rd 2020 ?

Cryptocurrency News Cast 📮 23-06-2020

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📈MarketCap:                    $274  B

📊24h Mcap %:                    2.15%

⚠️Bitcoin Dom:                   64.60%

📌Active Coins:                  3,223

📍24h Vol %:                       -0.20%

💲24h Vol:                           $65 B

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• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

- PayPal, Venmo Are Reportedly Planning To Allow Crypto Exchange Option

Mainstream payment service giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to a recent CoinDesk report. An industry source told the outlet that they are going to allow buys and sells of crypto directly from PayPal and Venmo, they are going to have some sort of a built-in wallet functionality so you can store it there. Another source confirmed that PayPal is looking to offer the service in the next three months, maybe sooner. Read Full on CoinDesk.

- Binance Crypto Exchange To Launch It's Smart Pool

Binance Pool, a cryptocurrency mining platform dedicated to empowering miners and the global crypto mining industry, will launch its Smart Pool service that enables the user to get higher profit by auto-switching hash rate to mine BTC, BCH, and BSV with the same SHA256 algorithm. Even if the miners are mining different cryptocurrencies, Binance Pool always pays their settlements in BTC. Binance Pool has collected more than 6,000 miners who delivered over 6.52 EH/s in hash rate since its launch last April to date. Read Full on CryptoNinjas.

- SBI Ripple Asia Official launch for ODL later this year

SBI Ripple Asia, a joint venture between SBI Holdings and Ripple to launch the XRP remittance platform known as On-Demand Liquidity(ODL). SBI Ripple Asia chief executive Adam Traidman says the company is currently testing the product and plans to go into production this year and into next year. SBI Ripple Asia’s mission is to provide a next-generation payment platform utilizing distributed ledger technology (DLT) to Asian financial institutions and remittance companies. Read Full on The Daily Hodl.

- Number of Ethereum Non-Zero Addresses Spikes

According to data shared by the Glassnode analytics company, two major metrics relating to Ethereum wallets have surged to new ATHs. The number of wallets holding more than 0.01 ETH has risen to a new high of 7,863,908.000. Another crypto metric upsurge reported by Glassnode is the amount of non-zero ETH wallets. Within less than one day, the number of such ETH wallets increased by 3,494 units. The rise in both metrics suggests that more people are becoming attracted to ETH. Read Full on U.Today.

- Digibyte Finally Gets Listed On Binance Exchange

The voice of the DigiByte community has finally heard. DigiByte, a decentralized cryptocurrency network has just been listed on Binance. The exchange announced that trading for DGB will be open on June 22, 2020 at 2:00 PM UTC. Binance’s users will be able to trade DGB against three pairs—DGB/BTC, DGB/BNB, and DGB/BUSD. According to DigiByte, Binance listed the coin without demanding anything from the company, not even the listing fee. Read Full on twitter.

- Chinese Bitcoin Mining Company Ebang To Be Listed On Nasdaq

Chinese Bitcoin miner manufacturer Ebang will be officially listed on Friday, June 26 on Nasdaq Global Market under the ticker EBON. The company submitted its latest filing to the SEC on June 17, choosing the Nasdaq as its listing exchange. The Chinese mining player aims to raise $106 million by putting 19.3M shares on sale at a price range of $4.50 to $6.50, meaning that it now plans to raise up to $125 M, while the initial proposal was hard capped at $100M. If the IPO is successful, Ebang’s market value could come close to $800M. Read Full on cointelegraph.

- LibertyX Brings Bitcoin in Cash to 20K US Retail Stores

LibertyX, the company that launched one of the first Bitcoin ATMs has just made it possible to buy Bitcoin in cash at more than 20,000 retail locations in the United States. In one Announcement on LibertyX’s Twitter account, the crypto ATM service company said customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC) with cash. According to LibertyX, cryptocurrency holders can buy between $20-$500 (up to 0.052 BTC)—with transactions processed in minutes for a small fee. Read Full on Twitter.

- Football Club Barcelona Fan Tokens Sold Out in Two Hours

Chiliz in the partnership with Spanish soccer giant FC Barcelona created Barca Fan Tokens (BAR) which were sold via sports-focused token platforms Chiliz.net and Socios.com. With these fan tokens, Barça fans will be able to take part in surveys related to the club, to give them a chance to voice their opinions and vote for different matters. The club sold all 600,000 of the cryptocurrency-based tokens in less than 2 hours. Fans wishing to purchase new fan tokens are going to have to wait until Wednesday 24 June at 1.00 pm CEST to get $BAR. Read Full on fcbarcelona.

- KPMG Launches Crypto Asset Management Service

KPMG has built a suite of tools designed to help both traditional financial companies and fintech startups provide managed crypto-asset services. Targeting institutional clients, the new KPMG Chain Fusion product lets customers manage their data in compliance with regulations, security and processing needs. The suite allows these customers to collect and organize data from both traditional systems as well as blockchain databases and bring these systems together with the required processes and controls under one roof. Read Full on coindesk.

Cryptocurrency News Cast For Jun 4th 2020 ?

Cryptocurrency News Cast 📮 04-06-2020

📈MarketCap:                   $279 B

📊24h Mcap %:                   3.09%

⚠️Bitcoin Dom:                  65.20%

📌Active Coins:                 3,158

📍24h Vol %:                     -0.10%

💲24h Vol:                           $89 B

Trade On These Exchanges

• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

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

Cryptocurrency News Cast For Jun 3rd 2020 ?

Cryptocurrency News Cast 📮 03-06-2020

📈MarketCap:                   $272 B

📊24h Mcap %:                   1.20%

⚠️Bitcoin Dom:                  64.80%

📌Active Coins:                 3,158

📍24h Vol %:                     -49.89%

💲24h Vol:                           $90 B

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• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

1. Indian IT Giant Tech Mahindra will Offer Blockchain Courses

Indian technology company Tech Mahindra has partnered with edtech firm Idealabs to offer blockchain certification courses which will be offered as a combination of live online and in-person, on-campus classes to learn about blockchain foundations, Ethereum, smart contracts, decentralized apps, and Hyperledger Fabric, among other topics. The two companies intend to build a talent pool for the blockchain industry that could meet the rising job demands. Read Full on.

2. Nike Brings Crypto Rewards On Online Purchases

The United States footwear giant Nike continues to explore the blockchain and cryptocurrency industry by introducing cash backs in crypto. The famous footwear and clothing company has just entered an affiliate partnership with London-based fintech startup Plutus​ to unlock up to 3% in crypto rewards for making purchases on Nike’s online store. The rewards are generated in Plutus’ native token, Pluton (PLU), a decentralized loyalty token running on the Ethereum Network. Read Full on cointelegraph.

3. Almost 80 Percent of Total Bitcoin Supply Is in Profit

The volatile nature of the cryptocurrency market, while for many is a problematic feature, has often been welcomed by traders who are well-versed with its volatility and are thus, able to reap profits. According to data provider Glassnode, 79% of all BTC supply is in a state of profit. As per Glassnode, levels of 90% or higher on the attached chart are usually indicators of bull markets, adding that if the percentage of BTC supply in profit were to climb higher, a bull run in the market will be imminent. Read Full on twitter.

4. Russia Leads In Global Bitcoin Trading

Despite local crypto regulation uncertainty, Russia is strengthening its leadership on major peer-to-peer exchange LocalBitcoins in the share of Bitcoin trading volumes. Russia has traded the most Bitcoin on LocalBitcoins exchange for two consecutive months, April and May 2020. Russia was responsible for 19% of total BTC trading volumes on LocalBitcoins this May, leaving Venezuela and the United States trailing. LocalBitcoins BTC trading in Venezuela and the U.S. reportedly accounted for 11% and 10%, respectively. Read Full on cointelegraph.

5. Caitlin Long's Crypto Bank, Avanti Raises $5M

Avanti Financial Group, crypto advocate Caitlin Long's latest initiative to bank digital asset companies, has closed a $5 million angel round. The funding round was led by the University of Wyoming Foundation with participation from Morgan Creek Digital, Blockchain Capital, Digital Currency Group, and others. Long, the crypto bank's founder and CEO, unveiled Avanti earlier this year to offer digital asset businesses compliant custody and payment services. Read Full on The Block.

6. Microsoft To Set Global Tokenization Standards

Microsoft’s principal architect, Marley Gray, and Enterprise Ethereum Alliance’s former executive director, Ron Resnick, launched the InterWork Alliance, a nonprofit organization aimed at bringing global standards to the token-based ecosystem. At launch, the IWA included more than 28 blockchain, technology and financial organizations, including Microsoft, Chainlink, Hyperledger, IBM, Nasdaq, Accenture and others. The IWA will eventually work on interoperability between decentralized applications from different blockchain networks. Read Full on cointelegraph.

7. Adam Back Says It's Possible to Achieve $300K BTC Without Institutions

Crypto pioneer Adam Back thinks the current financial situation could propel Bitcoin to $300K which might not require additional institutional adoption because the current environment is causing more individuals to think about hedging and retaining value when there’s a lot of money printing in the world. Back said, with this in mind that high inflation could make 1 USD be worth 10 cents over a decade or so, that is "$10mil/BTC is $1mil/BTC in today's money, will make it’s possible to achieve $300K BTC price in five years’ time. Read Full on Cointelegraph.

8. Blockchain Program Graduates Getting $125,000 Job offers

B9lab one of the top educational platforms in crypto has launched its Professional Blockchain Engineer Program that is a rigorous, tutor-led program that includes live mentoring and sample projects where top companies like ConsenSys, Accenture, ING, Nissan, and many others all recruit the program’s graduates. They offer Income Sharing Agreements or ISAs that indicate graduates have to pay 16.5% for up to five years, with a cap of $30,000 that begins when students start earning $50,000. B9lab’s co-founder Elias Haase says average salaries are $125,000 after graduation. Read Full on Crypto Briefing.

9. Bithumb’s Moved Almost 700 mln XRP for 0.00001 XRP Fee

The Twitter bots that track large crypto transactions, of XRP, XRPL Monitor has just reported that the major South Korean Bithumb exchange has moved a jaw-dropping amount of crypto – almost 700 mln XRP – to an anonymous wallet. According to XRPL monitor, 699,999,981 mln XRP was transferred between Bithumb’s XRP wallets, and the fee that Bithumb paid for transferring this enormous amount is only 0.00001 XRP, which no bank would have been able to offer. Read Full on U.Today.

News Source | cryptocrunchapp.com

Cryptocurrency News Cast For Jun 2nd 2020 ?

Cryptocurrency News Cast 📮 02-06-2020

📈MarketCap:                   $269 B

📊24h Mcap %:                  -0.95%

⚠️Bitcoin Dom:                  65.10%

📌Active Coins:                 3,153

📍24h Vol %:                      42.90%

💲24h Vol:                          $144 B

Trade On These Exchanges

• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

1. Bitcoin Companies Will Now Be Regulated In Canada

Canada has deemed that cryptocurrency companies both domestic and foreign that service Canadian customers will be officially regulated as Money Services Businesses (MSBs) in the country. They will now need to comply with regulations and register with Canada’s financial intelligence unit, FINTRAC. MSBs will now include domestic and foreign businesses that are ‘dealing in virtual currency.’ These include virtual currency exchange services and value transfer services. Read Full on Decrypt

2. Bitcoin On Massive Surge, Moves Above $10,000

Bitcoin has finally done it. The asset rocketed past $10,000 for the first time in three months, reaching as high as $10,250 in a massive upward surge. This was a more than 7% jump from where the cryptocurrency was trading prior to the move. Just an hour prior to the explosive surge, Galaxy Digital co-founder and CEO Mike Novogratz noted that Bitcoin was “coiling” and was poised to “take out $10,000 soon.” Novogratz believes that prices will “move fast” now that $10,000 has been taken out. Read Full on NewsBTC.

3. Brave Browser Added 15 Million Monthly Active Users

Privacy-focused internet browser Brave has added 15.4 million monthly active users as of May, 2020. Daily active users also went up significantly, with 5.3 million users browsing with Brave on a daily basis. Additionally, the firm reported significant progress with its Brave Ads program, which rewards users in the form of Basic Attention Tokens (BAT) for voluntarily watching ads content from partner brands. From Oct. 2019 to May 2020, the number of advertisement campaigns supported by Brave Ads grew from 400 to 1530. Read Full on brave.

4. Ripple's XRP Liquidity Australian ODL Records New ATH

An increasing number of firms have now started to leverage Ripple and its remittance platform ODL, which essentially facilitates cross-border transactions utilizing XRP. Over the last couple of months, Ripple’s Australian corridor has become increasingly popular and XRP liquidity via the corridor, BTC Markets has reached New ATH. According to the Liquidity Index Bot, the Twitter bot which tracks the liquidity index of XRP on various corridors, the liquidity index for BTC Markets for the pair XRP/AUD soared all the way to 15.417M. Read Full on twitter.

5. Esports League Paying Winners In Ethereum

ConsenSys has partnered with the North American Collegiate League (NACL) to bring blockchain tech into esports tournaments, a form of sport competition using video games. Ethereum project incubator ConsenSys has helped NACL build an Ethereum-based platform to make match reporting smoother and automate tournament payments. NACL players will now be able to receive their winnings in a crypto wallet that's generated for them. Payments will be given in Dai and Ethereum. Read Full on Decrypt.

6. Hollywood Music Director Dives Into Crypto Trading

Hollywood music video director Joseph Kahn who’s won Grammys for his work with Taylor Swift and Eminem, announced his new favorite hobby: trading cryptocurrency. Kahn, who’s worked with some of the biggest music stars and brands said he spent the past month trading cryptocurrency, and had made a profit of $450. The award-winning director attached a screenshot of his portfolio on Coinbase Pro. It shows that his initial investment of $7,500—in Bitcoin, Ethereum and Litecoin—now has a value of $7,949. Read Full on twitter.

7. Macro Investor Raoul Pal Says Ether will Outperform Bitcoin at Some Point

In a tweet, macro investor Raoul Pal has recently opined that the price of Ethereum could outperform Bitcoin ‘at some point.’ Pal also cautioned his followers not to engage in ‘tribal attacks’ between the two largest cryptocurrency communities, claiming that they represent two different ecosystems and the ‘digital future.’ The world’s leading altcoin has been on a roll for the past week, surging by almost 25 percent to $250, its highest level since early March. Read Full on Twitter

8. Billionaire Michael Novogratz Expecting a Big Bitcoin Move

The prominent Wall Street investor and Galaxy Digital founder, Michael Novogratz explained that because of the “turmoil in the USA” people should watch bitcoin and gold. “Watch Gold vs Bitcoin,” Novogratz tweeted. “If that chart breaks higher it will turbo boost Bitcoin.” Novogratz further added: Bitcoin is coiling. It will take out $10k soon. All the tragic turmoil in the USA adds to the narrative. Budgets are going one way and it’s the opposite of balanced. When $10k goes it will move fast. Get on the train. Read Full on Bitcoin News

9. Buterin Says, Ehereum’s Layer 2 Scaling Strategy Succeeded

Ethereum is on the move in terms of development and price with the recent successful deployment of a number of layer-2 (L2) scaling solutions. Ethereum co-founder, Vitalik Buterin recently tweeted on the initial launch of a number of scaling solutions: "While everyone wasn’t looking, the initial deployment of ethereum’s layer 2 scaling strategy has *basically* succeeded. What’s left is refinement and deployment." One of the largest Plasma L2 scaling solutions was the Tether stablecoin on the OMG Network. Read Full on BeInCrypto.

News Source | cryptocrunchapp.com

Cryptocurrency News Cast For Jun 1st 2020 ?

Cryptocurrency News Cast 📮 01-06-2020

📈MarketCap:                  $270 B

📊24h Mcap %:                   0.80%

⚠️Bitcoin Dom:                 65.20%

📌Active Coins:                 3,152

📍24h Vol %:                      -2.49%

💲24h Vol:                           $98 B

Trade On These Exchanges

• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

1. Art Piece Titled “I Can’t Breathe” Sold For ETH

Crypto artist sold his “I Can’t Breathe” art piece for crypto on a blockchain-backed social network. Osinachi, a self-taught Nigerian digital and crypto artist, has sold his latest “I Can’t Breathe” digital art piece on May 31 for 7 Etherum (ETH), about $1,703 at press time on a blockchain art social network site SuperRare. Osinachi’s piece reflects on the violence that unravelled in an American city of Mediapolis, and was sold in less than six hours at an auction. According to the artist, part of the proceeds will go to a notable cause. Read Full on cointelegraph

2. Total Value Locked In DeFi Is Almost Back To $1 Billion

In the wake of March’s crypto crash, the value locked in DeFi applications crashed to $500 million from well over a billion. However according to data shared by data site DeFi Pulse, decentralized finance has since recovered. There is now $953 million worth of crypto assets locked into DeFi applications, according to the site. This is up nearly 100% from the March lows. Top three on the list that includes Maker, Synthetix, and Compound that are all based on Ethereum now hold approximately $750 million worth of assets. Read Full on NewsBTC.

3. Russia's Central Bank Is Building Blockchain-Based Platform

The Central Bank of Russia is reportedly developing a digital mortgage platform powered by a domestically developed blockchain called Masterchain. According to Olga Skorobogatova, first deputy governor at the central bank, Masterchain has recently started to support digital mortgages, which forms a foundation for the upcoming platform. The financial institution has already submitted the proposal for its digital mortgage project to the government and the Federal Service for State Registration, Cadastre and Cartography. Read Full on cointelegraph.

4. Max Keiser: Nothing Is Better Than Bitcoin

Even still, there remain thousands of projects promising to be the “next BTC”. One of the earliest Bitcoin bulls Max Keiser told, these projects have no intrinsic value. Speaking in a recent interview with London Real, he explained that there is “no coin out there that can do something that Bitcoin doesn’t do already or will be able to do shortly.” He added, Bitcoin’s security, with a majority of the hash power and the majority of the crypto market share, also makes it a better bet than altcoins. Read Full on twitter.

5. Bullish Investors on Ethereum Starts Accumulating Again

After underperforming Bitcoin for weeks, Ethereum saw a healthy rally this week that saw it reach $245 on Saturday — the highest price since early March. Top VC Garry Tan, a Microsoft employee turned early executive of $20 billion startup Palantir and the earliest investor in Coinbase has been made clear that he "Started accumulating $ETH again", adding that he is doing so for the “long term hold” rather than short-term trading due to taxes. Also, he has continually been “stacking sats” as well. Read Full on CryptoSlate.

6. Monetary Instability Will Lead Bitcoin To Replace Gold

As the world turns more digital, crypto's pioneer asset Bitcoin (BTC) could take on gold's store of value role, according to the Mike Alfred, CEO and co-founder of analytics firm, Digital Assets Data. He told, the most compelling use case continues to be in emerging markets where monetary instability and inflation makes it extremely risky to save in the local currency. Venezuela, for example, was hit hard by inflation in recent years. Bitcoin, however, found greater popularity in the middle of such cash troubles. Read Full on cointelegraph.

7. Bitcoin's Stock-to-Flow Model Signals a New Bitcoin Bull Run

Bitcoin is about to enter a new bull market, according to its stock-to-flow model. In a celebratory tweet, anonymous Bitcoin analyst PlanB has just noticed that Bitcoin’s stock-to-flow model has managed to print its first red dot in three years. Those who firmly believe in the accuracy of the controversial model can, however, treat it as the official start of another glorious Bitcoin bull run. Based on Bitcoin’s historic price action, PlanB expects the largest cryptocurrency to reach the make-it-or-break level of $100,000 by December 2021. Read Full on twitter.

8. Report: India Will Witness Massive Crypto Adoption In Next Two years

Cryptocurrency spot and derivative exchange OKEx in collaboration with Coinpaprika studied the Indian cryptocurrency markets and estimated that the global share of cryptocurrency transactions in India will increase significantly in the next two years. India’s growing demand for crypto will be driven by the need for lower remittance fees and a more stable currency to store value. As per report Indians working beyond the borders sent more than $80 billion back home in 2018 and paid as much as $5.67 billion as transaction fees. Read Full on cointelegraph

9. Drop In Oil Prices Give Bitcoin Miners A Competitive and Profitable Edge: Antonopoulos

Bitcoin educator Andreas Antonopoulos sees the recent downturn in oil prices will cause cheaper electricity worldwide because the United States gets 36% of its energy from petroleum. Andreas said, "One of the biggest new Bitmain mining operations opened in the United States in the state of Texas and it probably had a lot to do with the fact that the U.S. had 12,000 barrels per day. Therefore, there may be really good opportunities for cheap power, which would suddenly make U.S.-based miners much, much more competitive, and profitable. Read Full on youtube.

News Source | cryptocrunchapp.com

Cryptocurrency News Cast For May 23rd 2020 ?

Image Source | Pixabay.Com

📮 23-05-2020

📈MarketCap:                  $255 B

📊24h Mcap %:                  -0.46%

⚠️Bitcoin Dom:                 66.00%

📌Active Coins:                 3,120

📍24h Vol %:                    -13.94%

💲24h Vol:                          $95 B

Trade On These Exchanges

• Bybit: http://bit.ly/36JuDQZ
• Bitmex: http://bit.ly/2M74PX9
• Binance: http://bit.ly/34urfrJ

• Advertise Your Products and Get Leads To Your Business,FREE REGISTRATION.Register link:✅👉 http://bit.ly/2YlhQRh 

Buy Products and Gift Cards With Bitcoin👉 http://bit.ly/2sFJvSf

1. New Bill in Ukraine Will Allow Crypto Firms To Open Bank Accounts

The Ministry of Digital Transformation of Ukraine published a new draft bill “On Virtual Assets” that aims to determine the legal status of crypto assets, the rule of their circulation, and issuance in the country. According to one of the co-authors of the new draft bill, the main purpose of the initiative is to finally enable local crypto firms like exchanges to open bank accounts. As such, the proposed draft bill is designed to move the crypto industry out of the “grey zone” and finally bring legal presence to companies in Ukraine. Read Full on cointelegraph.

2. Someone Moved 46,835 BTC for Just $2.50 in Fees

Bitcoin has proved its superiority to the banks as a means of making massive value transactions once again. This time, $400 million worth of the digital currency was transferred for a total fee of just $2.50. The huge transaction was reported earlier today by YouTuber Ivan on Tech via Twitter. Posting a screenshot of a blockchain explorer showing a completed transaction of more than 46,835 BTC (with a fee of ~0.000322 BTC), the cryptocurrency analyst added, Banks are doomed… Read Full on twitter.

3. JPMorgan: CBDC Could Threaten The U.S. Dollar Dominance

U.S. has the most to lose if central bank digital currencies (CBDC) manage to challenge its existing dominance over the global payment system, according to a new report by JPMorgan. JPMorgan believes CBDC, could pose a threat to the global hegemony of the US dollar. JPMorgan warns that other countries could use digital currencies to circumvent the SWIFT system and the reach of economic sanctions, undermining the ability for the United States to exercise power on a global stage through control over the global reserve currency. Read Full on The Block.

4. South Korean University Will Open New Blockchain Campus

South Korea’s Suseong University reached a deal on May 22 with the Korea Artificial Intelligence Association, or KORAIA, to create a blockchain campus in Daegu. Kim Kun-woo, director of the Planning and Coordination Division of the university, praised the announcement. He stated that the world is “rapidly” changing to a blockchain society due to the global COVID-19 crisis. Several Daegu-based blockchain companies have agreed to provide training and work experience programs within the campus. Read Full on cointelegraph.

5. Dai Trading Volume in Latin America Quadruple

Goldman Sachs’ latest client conference call will include a subject that Wall Street has either long-derided or shrugged off: Bitcoin. Per an invitation to investors, the investment bank is holding a client call on “US Economic Outlook & “Implications of Current Policies for Inflation, Gold and Bitcoin.” The conference call, set for May 27 at 10:30am EST, is the fifteenth in a series on macro economic and financial trends. Sharmin Mossavar-Rhami, a Chief Investment Officer at Goldman, will host the call, however, in 2018, Rhami said that he saw no value in Bitcoin. Read Full on Forbes.

6. Crypto Spring is Here as Top-Tier Talent Building on the Infrastructure: Reddit Cofounder

Alexis Ohanian, the Reddit co-founder and an early investor in Coinbase, said "we really do see a crypto spring right now in terms of top-tier engineers, product developers, designers, building real solutions on top of the blockchain. And that to me is the most interesting part... We’re seeing really top-tier talent building on the infrastructure.” “I’ve had a percentage of my wealth in crypto for quite some time now and I still feel pretty good about it, I don’t want to change too much of it,” Ohanian says. Read Full on finance.

7. Bitcoin Critic Jamie Dimon Held Secret Meetings With Brian Armstrong

JP Morgan CEO Jamie Dimon hosted secret meetings with Coinbase CEO Brian Armstrong as early as 2018, according to Fortune journalist and author Jeff Roberts. He divulged the information while promoting his book, “Kings of Crypto,” which covers Coinbase’s rise to prominence along with its many stumbles. The revelation is especially remarkable given the distinctly anti-Bitcoin stance professed publicly by Jamie Dimon during the time period in question. In October 2018, Dimon said, “‘I don’t really give a shit about Bitcoin.” Read Full on Decrypt.

8. Three-Time Olympic Gold Medalist Bought Bitcoin

Christie Pearce Rampone, a three-time Olympic gold medalist and two-time World Cup Champion, just revealed that she picked up some Bitcoin. In a recent tweet, she relays to her fans that she had a conversation with the CEO of Binance America, Catherine Coley. Because of that conversation, she was convinced to pick up some of the leading cryptocurrency for the first time. Rampone is a professional American soccer player who commonly plays defense. With 311 caps, she is the second most-capped player in world history. Read Full on twitter.

News Source | cryptocrunchapp.com