📮 09-04-2020
📈MarketCap: $208 B
📊24h Mcap %: -0.23%
⚠️Bitcoin Dom: 63.90%
📌Active Coins: 2,955
📍24h Vol %: -16.09%
💲24h Vol: $125 B
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1. Ethereum Based DeFi projects grew nearly 800% over the last year
The number of dapp transactions that occurred in Q1 of 2020 increased tenfold over the same period in 2019. A total transaction volume of $7.9 billion across 13 blockchains was recorded, with the three leading smart-contracting chains, Ethereum, EOS and TRON. Where as per report, Ethereum-based DeFi projects are the main volume growth driver, increasing 778% compared to 2019 Q1. The Overall, the transaction volume of Ethereum dapps in 2020 Q1 was $5.64 billion, an increase of 652% compared to the last Q1 ($743 million). Read Full on Decrypt.
2. Dutch Brokerage Platform Launches Crypto Trading Across Europe
Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. The company announced that BUX Crypto is now available across 25 European countries. BUX stated that its new offering aims to bring new traders into cryptocurrency markets by simplifying the crypto trading process At present, the platform supports the trade of six major cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and the platform’s native token BUX. Read Full on Cointelegraph.
3. Overstock Will Offer Millions of Security Tokens to Its Stockholders
Overstock has slated the date to airdrop OSTKO security tokens as a dividend to its shareholders. They’ll get one security token for every ten OSTK shares they own as of April 27, making for 4.37 million tokens to be distributed in total. Importantly, trading for these tokens will take place exclusively on Overstock’s alternative trading system tZERO. Documents filed with the United States Securities and Exchange Commission (SEC) on April 7 announced May 19 as the scheduled date for Overstock’s security token airdrop to OSTK shareholders. Read Full on Cointelegraph.
4. Cardano Will Boost Adoption In South Africa
The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA) on April 7. The partnership endeavors to explore further ways to strengthen technology’s adoption throughout South Africa. Cardano will use blockchain technology to boost socio-economic growth in South Africa. Cardano believes that the possible applications of blockchain technology would let them guarantee greater transparency, reduce fraud, build digital identity infrastructure and boost economies through virtual currencies. Read Full on cardano.
5. Bitcoin Doesn’t Care as US Debt Reaches an Unfathomable $24 Trillion
Donald Trump is on course to add more debt than George Bush and Barack Obama combined, forecasts one gold analyst. The amount is equal to $72,888 for each U.S. citizen, or $193,805 per taxpayer. In stark contrast to the deteriorating health of the fiat economy, Bitcoin (BTC) has managed to weather the storm without any bailout from the government. BTC/USD traded up 2.1% versus the start of 2020, at $7,350. That “swamp” is already spawning a mass exodus into gold and an associated crisis in gold markets, pro-Bitcoin TV host Max Keiser warned last week. Read Full on Cointelegraph.
6. Robert Kiyosaki Says Bitcoin Separates Our Money From Government
Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, recently had podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano where he refered Bitcoin as an escape. In light of current economic difficulties, Robert Kiyosaki Mentioned Bitcoin as an open-source people’s money and an escape from the system. He told, the reason he endorse Bitcoin is because for one frickin reason, we are not part of the system, it’s a separation of government and our money. Read Full on youtube.
7. Lightning-Friendly Fold To Launch Visa Backed Bitcoin Reward Cards
The Fold app a Lightning-compatible mobile app that offers users Bitcoin rewards (BTC) while shopping — has joined Visa’s Fintech Fast Track Program. Joining the program will enable the app to launch a new Visa co-branded card, which will offer Bitcoin rewards for purchases made at retailers. Fold’s CEO Will Reeves said that Visa would be providing the company with financial support and a dedicated team to bring the new Bitcoin cash-back rewards card to market. The card will be functional at over 10 million merchants worldwide. Read Full on Cointelegraph.
8. Reddit Ready To Implement Blockchain Based Tipping System
Reddit could be about to implement a new blockchain-based points system on its app. Redditor MagoCrypto posted the video, which is a walkthrough of a new build of the Reddit app that shows a feature with mention of community points. When delving into the FAQs of the wallet feature there appear to be pages on distribution, wallet, backup and recovery, and on the blockchain. The video, suggests Reddit may be experimenting with using blockchain or a cryptocurrency-related to rewarding posts. Read Full on reddit.
