📮 02-04-2020
📈MarketCap: $195 B
📊24h Mcap %: 12.49%
⚠️Bitcoin Dom: 65.70%
📌Active Coins: 2,936
📍24h Vol %: 36.98%
💲24h Vol: $151 B
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1. Cardano Launches Byron Reboot, Paving Way to Shelley Mainnet
Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet. Reboot involves a series of updates to major components of the Cardano network the Cardano node, explorer, and Daedalus wallet backend, which is being spun out as a new version, Daedalus Flight. Overall, IOHK claims the reboot will result in performance improvements and higher transaction throughput capacity. Read Full on Cointelegraph.
2. Binance Crypto Exchange Is Launching Bitcoin Mining Pool
Crypto Exchange Binance is planning to launch its own mining pool, a first for the popular crypto exchange. Changpeng Zhao announced the launch via twitter, emphasizing that this is no April Fool’s joke. The company has already hired some professionals for this purpose, some of them former Bitmain employees. The launch is planned for the Q2 2020. He also mentioned that since there are so many projects developing in the Binance ecosphere right now that it is hard to keep track of all of them. Read Full on twitter.
3. BitMEX Operator, HDR Global Trading Grants $100K for Bitcoin Development
BitMEX is increasing the grant it pays to one of the developers responsible for keeping the Bitcoin Core protocol up and running. HDR Global Trading said that it had increased the grant it was paying to Michael Ford, also known by his handle "fanquake," from $60,000 to $100,000 made payable over a 12-month period from March 2020. Ford helps to ensure that the Bitcoin network continues to runs efficiently and can propose and make software alterations to the protocol where necessary. Read Full on CoinDesk.
4. Decentralized Exchanges volume hit an all-time high
The total volume of "decentralized" exchanges (DEXs) hit all-time high of $668 million in March, according to Dune Analytics. That figure is 53% higher compared to the data from February, which was $668 million, the previous all-time high month for volumes. The data provider noted that this is the first time that DEX volumes are rising on a falling ether (ETH) price and told the increased volumes could be a sign that DEXs are solving a real problem and are not just a toy anymore. Read Full on The Block.
5. Rich Dad Poor Dad Author Calls Bitcoin People’s Money
Bestselling author of popular financial literacy book, Rich Dad Poor Dad, Robert Kiyosaki, recently slammed the U.S. Federal Reserve for printing trillions of fake dollars. Kiyosaki who has recently started a series of financial lessons on how people can stay free from a financial crisis amid COVID-19 pandemic, described Bitcoin, the most valuable cryptocurrency as the “People’s money.”He encouraged his followers on Twitter to save their money via Bitcoin instead of fiats currencies. Read Full on twitter.
6. Indian Crypto Exchange Gets Global License, Partners With Mobikwik
Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog. The exchange’s CEO Shivam Thakral revealed that the platform had received its crypto-fiat license in late 2019, followed by a crypto wallet license this year. BuyUCoin also announced its partnership on March 31 with Indian mobile-based payments system and digital wallet provider Mobikwik. BuyUcoin has said its partnership with the firm will offer users smartphone-based transactions for the buying and selling of crypto assets. Read Full on Cointelegraph.
7. Crypto Wallet App Eidoo Expands Crypto to Europe and UK Via Crypto Debit Card
Switzerland based cryptocurrency solutions provider Eidoo (EDO), that offers easy access to DeFi Exchanges, plans to release its Crypto Debit card for UK and Europe. User can preorder the card through Eidoo Android and IOS App. Card will allow to instantly convert cryptocurrencies into GBP or EUR and start spending in stores Via Eidoo cryptocurrency wallet. Based on type of account you opt for, Eidoo Card also offers its crypto card holders exclusive benefits and upto 10% crypto cashback on transactions made. Read Full on eidoocard.
8. Brave Browser Gains More Than 1M New Users in March Alone
Privacy focused, Open-source internet browser Brave has tallied more than one million new users in March alone, a tweet from Brave’s head of marketing, Des Martin, detailed on April 1. With much of the world limiting their exposure to the coronavirus through self-imposed quarantine, web usership has undoubtedly increased. As a result, various internet-based services have hosted significantly greater demand for activities such as web browsing, gaming, and shopping. Read Full on twitter.
9. Crypto Atms Will Play A Big Role In Adoption Of Cryptocurrencies Than We Think
Investing in Crypto ATMs is not just about earning some extra money by sharing revenue or buying the whole ATM, but it also provides access to cryptocurrency for the underbanked. Billions of people in the world does not have access to bank accounts and in the U.S. alone 60 million people are underbanked. Consequently, these people will use the machines more and more, since it is their only way into the crypto market. So, to summarize, cryptocurrencies are going to become more heavily adopted and people will need a lot of ATM machine to buy them. Make them fall in love with your service. Read Full on cryptomatic.
