One Stop Cryptocurrency NewsCast For Today ?

📮 10-12-2019

📉 MarketCap:                  $202 B

📊 24h Mcap %:                 -1.79%

⚠️ Bitcoin Dom:                 66.4%

📌 Active Coins:                2,482

📍 24h Vol %:                   18.6%

💲 24h Vol:                     $47 B

Bybit:- https://www.bybit.com

1.  Ripple’s director of product is rolling out a new digital marketplace that will allow musicians to sell their songs online for XRP. Called “xSongs,” the platform utilizes Payburner, an integrated payment system built on top of the XRP Ledger, There’s no fee to upload or post songs, and musicians will receive 100% of the revenue from their sales through peer-to-peer XRP payments. The marketplace won’t support legacy payment methods and allows creators to set their own price. Short-term goal of the platform is to increases the usability of XRP.

2.  ICE's digital asset platform Bakkt has launched the first regulated Bitcoin (BTC) options and cash-settled futures. The Bakkt’s monthly options product is the first regulated Bitcoin futures contract regulated by the United States Commodity Futures Trading Commission. The cash-settled futures product is a new contract that will be initially available on ICE Futures Singapore, an approved exchange in Singapore. The contract is based on the settlement price of the benchmark Bakkt Bitcoin monthly future contract.

3.  Binance, the second-biggest cryptocurrency exchange by daily trading volume, now supports Bitcoin (BTC) futures trading on its new iOS app. Since Binance started rolling out Bitcoin futures trading in September 2019, users reported that 24-hour trading volume of Binance Futures exceeded $150 million. By mid-October, the platform set another futures trading record of $700 million. Now daily trading volume on Binance Futures platform reportedly hit an all-time of than 370,000 BTC approximately $2.7 billion USD at date.

4.  China’s Center for Information and Industry Development once again published a new list of its crypto ranking index, pushing Bitcoin 2 spots higher than its last report. EOS has been the top-ranking project, indicating that China is still highly interested in this particular project despite recent governance concerns. However, the second spot on the list — which was previously occupied by Justin Sun’s TRON — now belongs to Ethereum. Meanwhile, TRON itself dropped to third place.

5.  A new bitcoin futures fund, NYDIG Bitcoin Strategy Fund managed by the $15 billion asset manager Stone Ridge has been approved by the U.S. Securities and Exchange Commission (SEC). The fund will only invest in cash-settled futures, which will mitigate the risks and challenges involved in direct holdings of digital assets. Since the fund is a closed-end interval fund that does not offer daily redemptions, it will not suffer from large, short-term liquidity demands by market makers and its price will remain relatively stable.

6.  Swiss cryptocurrency financial firm Amun AG has gained permission to offer its products to retail clients in the European Union. Amun confirmed it had received approval for a base prospectus it filed with Sweden’s finance regulator, the Swedish Financial Supervisory Authority (SFSA). The firm can now market its various exchange-traded products (ETPs) to retail clients throughout the EU. EU retailers who have access to the Swiss SIX and Germany’s Boerse Stuttgart exchanges can now trade various crypto-based ETP offered by Amun.

7.  Lolli, an upstart browser extension that rewards users for purchases with Bitcoin (BTC) rebates, is gaining the attention of people in high places. In response to Jeff Morris Jr.’s tweet highlighting what he believes are the most promising crypto startups, actor-turned-investor Ashton Kutcher gave the thumbs up about Lolli. The tweet lends credence to the idea that Lolli is currently in the process of raising additional funds and that Kutcher might be on board as an investor.

8.  The NFL’s biggest Bitcoin spokesperson, Russell Okung, has worn cleats advertising BTCPay in his recent match to help introduce Bitcoin to 24 million sports fans. BTCPay Server is a decentralized payment processor that enables merchants to accept Bitcoin. Okung choses to feature the open-source project as part of the “My Cause My Cleats” initiative, an NFL campaign that allows players around the league to create custom cleats that highlight causes close to their hearts.

9.  Spanish banking multinational Santander has redeemed a bond worth $20 million that is issued on the public ethereum blockchain in September. John Whelan, head of Digital Investment Banking at Santander and chairman of the Enterprise Ethereum Alliance, hailed the technology as a real-world solution for securities issuance. While other entities have also issued blockchain-based bonds, Santander appears to be the only entity to have automated the whole process on a public chain.