Cryptocurrency News Cast 📮 19-08-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $371 B
📊24h Mcap %: -2.36%
⚠️Bitcoin Dom: 59.20%
📌Active Coins: 3,748
📍24h Vol %: -7.88%
💲24h Vol: $105 B
Cryptocurrency News Updates :
- Tron To Revolutionize Defi With Release Of JustSwap
- Total Value Locked In Defi Blasts Over $6 Billion
- SpaceChain Signed First Multi Signature Transaction In Outer Space
- Dave Portnoy Claims To Become Crypto Millionaire In A Month
- Bulgarian Startup Offers Compensation As Bitcoin For Flight Delays
- Binance Owned Swipe Wallet And Debit Card Provider To Launch In US
- Bitcoin Become Bigger Than Bank Of America
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Tron To Revolutionize Defi With Release Of JustSwap
Tron foundation has launched new product "JustSwap" that will open DeFi segment instrument for users of Tron blockchain. Justin Sun, announced the launch of JustSwap DeFi ecosystem on Aug. 18, at 22:00 SGT. According to Sun JustSwap is set to address the ETH increased gas fees due to the DeFi demand on the Ethereum network. He claims, JustSwap will have lower fees and 200 times faster speed than ethererum with instant settlements. JustSwap has already recorded 3 million in trading volume within 3 hours upon launch. Read Full on twitter.
Total Value Locked In Defi Blasts Over $6 Billion
The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse. Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the $1 billion mark less than three months ago. Ether remains the most popular cryptocurrency in the DeFi ecosystem, accounting for 50% of value locked, while BTC accounts for only 10%. Stablecoins account for 33% of total value locked and the rest is made up of other ERC-20 tokens. Read Full on defipulse.
SpaceChain Signed First Multi Signature Transaction In Outer Space
SpaceChain has successfully demonstrated the first use of blockchain hardware on the International Space Station, or ISS. The transaction was conducted by SpaceChain co-founder and CTO Jeff Garzik. To make the transaction possible, a ground station transmitted encrypted data to the ISS, where the hardware wallet containing the private key signed the transaction. SpaceChain’s experiments are about ensuring a robust connection between blockchain hardware in space and related infrastructure on Earth. Read Full on cointelegraph.
Dave Portnoy Claims To Become Crypto Millionaire In A Month
Barstool Sports founder Dave Portnoy, a fresh player in the crypto trading arena, recently estimated that he will receive millions of dollars in upcoming Bitcoin (BTC) trading profits. "I'm up 100 grand in Bitcoin — in a week," he said, noting positions in Ethereum and other crypto assets. "I'm up like $98,000 in Bitcoin — not bad," he added. "At this rate, I'll make like a million dollars a month in Bitcoin." Portnoy has made a name for himself in 2020 as a popular live-streaming stock trader on Twitter. Read Full on cointelegraph.
Bulgarian Startup Offers Compensation As Bitcoin For Flight Delays
With the global air industry in turmoil due to pandemic-induced flight delays and cancellations, a startup in Bulgaria is providing the option for travellers to receive compensation in Bitcoin (BTC). Compensation by the use of the Colibra app is available to passengers who experience a flight delay of one hour or more no matter what reason the airline provides. As Bitcoin is a volatile asset, users can choose whether they want to lock in the price on the day they register for their flight, or the day they travel. Read Full on cointelegraph.
Binance Owned Swipe Wallet And Debit Card Provider To Launch In US
Binance-owned Swipe has announced that they’ve officially received the green light to enter the US market. According to the announcement, Swipe’s wallet and debit card would be available in the U.S. following the launch and the revelation of its banking partners. Swipe’s entry into the U.S. market constitutes an expansion of the company’s operations, which has mostly been restricted to the U.S. Based on data of Coingecko, SXP token price saw a rapid 20% price gain as trading volume spiked after the announcement. Read Full on Twitter.
Bitcoin Become Bigger Than Bank Of America
Bitcoin's Market capitalization has risen past Bank of America’s market valuation, putting the leading cryptocurrency within striking distance of PayPal’s. Based on AssetDash data, Bitcoin's market cap sits just over $222 billion. However, Bank of America's market cap has fallen more than -1.39% to $221.2 billion. This bullish behavior from Bitcoin and slight drop in BoA means the analytics site ranks BTC as the 26th most valuable asset by market capitalization, just behind PayPal at $229 billion. Read Full on assetdash.