📮 25-03-2020
📈MarketCap: $184 B
📊24h Mcap %: 0.18%
⚠️Bitcoin Dom: 65.90%
📌Active Coins: 2,907
📍24h Vol %: -8.94%
💲24h Vol: $139 B
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1. Privacy Centered Brave Browser Is Teaming Up With Binance
Brave has partnered with Binance to bring in-browser crypto trading to its 13 million users. The Binance Widget allows Brave users to make crypto trades without leaving the browser. The Binance Widget will appear on Brave Nightly’s new tab. Nightly is a “testing and development” version of Brave that gets updated every night. The Binance Widget will become available on the main version of the browser sometime in April. Users will be able to sign into the widget with their preexisting Binance account. Read Full on Cointelegraph.
2. Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes
Amid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment. The Ministry of Economic Development of the Russian Federation has reportedly prepared a draft law that would allow the testing of cryptocurrency and blockchain developments within a special regulatory sandbox. According to the Ministry, the Bank of Russia — the country’s central bank — will act as a financial market regulator within the regulatory sandbox. Read Full on Cointelegraph.
3. Square says bitcoin 'engagement' on its Cash App has grown
Square's chief financial officer said during an investor call on Tuesday that it has seen a recent uptick in bitcoin engagement via its Cash App amid the market turmoil driven by the coronavirus crisis. Amrita Ahuja told, Adoption and engagement of fractional equity investing in Bitcoin has accelerated in recent weeks given recent market interest and volatility. Square previously reported more than $178 million in bitcoin purchase volumes in the fourth quarter. CEO Jack Dorsey also remarked that engagement and volume for Bitcoin are strong. Read Full on The Block.
4. Binance Holds $1B in ERC-20 Stablecoins
Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days. Huobi’s balance is slightly more than half that sum: $694,327,505. These companies are distinctly leading the pack in stablecoin balance. Fourth-place Bittrex holds about $50,927,291. Read Full on Cointelegraph.
5. Switzerland’s Sygnum Bank Launches CHF Backed Stablecoin
Sygnum AG a Switzerland-based crypto-friendly bank making it easier for people to invest in the digital asset economy has announced the launch of a digital version of the Swiss franc dubbed DCHF token. DCHF token is designed to facilitate the trading of financial instruments like bonds, shares, and others. Token will be fully backed by the corresponding amount of Swiss francs to be held by Sygnum at the Swiss National Bank (SNB). DCHF stablecoin could be used to pay investors dividends on digital company shares which will be created by smart contracts. Read Full on BTCMANAGER.
6. Crypto.com Simplifies Crypto Tax Reporting for Its Users
Payments and cryptocurrency platform Crypto.com has collaborated with crypto tax calculator CoinTracker, crypto tax software platform TokenTax and crypto tax reporting firm CryptoTrader.Tax to simplify crypto tax reporting for its users. Now users can import their historical crypto transactions from the platform into one of the mentioned tax reporting platforms to generate tax reports. The option came in response to growing crypto adoption, as well as new requirements from regulators making cryptocurrency owners to report their holdings. Read Full on Cointelegraph.
7. Binance CEO Says Bitcoin Could Reach to $100,000 with $2 trln market cap
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, thinks that Bitcoin could reach a ‘modest’ $2 trln market cap without breaking a sweat as governments around the globe are ramping up money printing. If that’s the case, the price of one single coin will skyrocket to roughly $100,000. CZ pointed to the fact that only a relatively small portion of buyers needed to push the coin’s market cap to the aforementioned $2 trln figure. Read Full on Twitter @cz_binance.
8. Crypto Influencers are Boldly Predicting a Massive Comeback for Bitcoin
Despite the fear, uncertainty and doubt rattling both cryptocurrency and traditional markets, a number of crypto influencers are boldly predicting a massive comeback for Bitcoin (BTC). Messari CEO Ryan Selkis says he believes Bitcoin has “infinite” upside as far as its dollar value is concerned, considering the increasing intervention in monetary policy from the Federal Reserve. In response, EOS CEO Brendan Blumer says BTC is on a path toward $250,000 no matter what happens in the traditional markets. Analyst Luke Martin says he’s also bullish on BTC in the long run. Read Full on The Daily Hodl.
9. VanEck’s Expert: Bitcoin Has Outpaced Gold (XAU) Since 2011
Gabor Gurbacs from VanEck offered proof that BTC has been doing much better than gold. Gabor Gurbacs, a major expert on crypto at VanEck, has responded to Peter Schiff, offering facts contradictory to those tweeted by the head of Euro Pacific Capital to criticize Bitcoin again. Gurbacs also shared figures about XAU and BTC, stating that from 2011 gold(XAU) is down 13 percent. Unlike the traditional hedge tool, Bitcoin is ‘6,000 times +’ up from the same year, the VanEck’s expert said. Read Full on twitter.
10. Vitalik Proposes Solution to Lack of Bitcoin–Ethereum Bridge
Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing. As a solution, he proposed putting resources into building a decentralized exchange (DEX), to act as a trustless bridge between the two. Buterin’s plan calls for the DEX to be trustless and serverless, with a user experience very similar to Uniswap. Uniswap is a decentralized exchange that runs without an order book, instead relying on asset pairs with Ether as a fixed base currency. Read Full on Cointelegraph.
11. Tron Partners with Metal Pay to Offer TRX to USA
Tron has partnered with remittance platform Metal Pay a digital money remittance service that also works with cryptocurrencies. Now that the partnership is up and running, US citizens will be able to buy TRX in USD and easily send it to any part of the globe. Tron’s coin can now be bought with USD using a debit card or a checking account via the Metal Pay app. The Metal Pay CEO, Marshall Hayner, has told, he believe that TRON shows incredible promise for blockchain technology and decentralized systems. Read Full on U.Today.