Cryptocurrency News Cast For August 29th 2020 ?

in news •  4 years ago 

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Cryptocurrency News Cast 📮 29-08-2020

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Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap: $363 B
📊24h Mcap %: 3.10%
⚠️Bitcoin Dom: 58.50%
📌Active Coins: 3,855
📍24h Vol %: -5.10%
💲24h Vol: $80 B

Cryptocurrency News Updates :

  • You Can Now Check IOTA Wallet Balance Via Amazon Alexa
  • Upcoming South Korean Film Festival Will Be Powered By Blockchain
  • Neo Joins Coinbase-led Blockchain Framework Rosetta
  • Brad Garlinghouse: Fed’s Inflation Shift Is Good for Crypto
  • American Political Consultant Anthony Scaramucci Is A Big Fan Of Crypto
  • Argentina Citizens Believe Crypto Investments Extremely Safe Compared To Fiat
  • Raoul Pal: Shift in Federal Reserve Policy Will Push Bitcoin To 100x
  • Ethereum 2.0 Testnet Transcends One Million ETH
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You Can Now Check IOTA Wallet Balance Via Amazon Alexa

On his Medium blog, IOTA community member Hugo Gregersen offered a tutorial on how the virtual Amazon assistant, Alexa, can be integrated with the IOTA protocol.Gregersen describes a use case with an imaginary hotel owner where funds from various devices and services running on IOTA arrive in his numerous crypto wallets. Integrating Amazon Alexa with IOTA helps him, since this would allow him to check his IOTA balances in his wallets merely with a voice command. To do that, you can just install Alexa on your iOS or Android device. Read Full on medium.

Upcoming South Korean Film Festival Will Be Powered By Blockchain

An upcoming film festival, hosted by the Gyeonggi Film School, announced its partnership with MovieBloc, a Blockchain-based media distribution platform. The festival’s audience will be able to rate each film in real time in exchange for various tokens. Attendees will be able contribute in other ways as well, such as by providing foreign-language subtitles for various films, in return for additional token-based rewards. The online festival, developed in response to the COVID-19 pandemic could set a precedent for future festivals in the post-coronavirus era. Read Full on cointelegraph.

Neo Joins Coinbase-led Blockchain Framework Rosetta

Coinbase-led Rosetta, an open-source set of tools to help developers integrate other blockchains into their services was joined by Neo, a blockchain platform that is itself focused on interoperability. Rosetta, which launched on June 17, is a standardization tool to make it easier for blockchains to speak to each other. Each blockchain is different, making it difficult and time-consuming for crypto project developers to integrate other blockchains. Neo is a Chinese blockchain platform that focuses on crypto trading, digital identity and smart contracts. Read Full on Decrypt.

Brad Garlinghouse: Fed’s Inflation Shift Is Good for Crypto

Ripple CEO Brad Garlinghouse says signs point to further dollar debasement. In an Aug. 28 tweet, Ripple CEO Brad Garlinghouse shared his take on the Federal Reserve’s historic decision to allow inflation to overshoot the 2 percent target. Garlinghouse believes that this unprecedented monetary policy shift is setting the stage for further dollar debasement “in the near term,” which will benefit the crypto industry. Earlier this month, Garlinghouse noted that the global population was losing confidence in the U.S. dollar, creating a need for diversification. Read Full on twitter

American Political Consultant Anthony Scaramucci Is A Big Fan Of Crypto

American financier and political consultant, Anthony Scaramucci appeared on Coinscrum Markets to speak about crypto. He believe that digital assets have a future and obviously that blockchain has a future. He points out that millennials as the current driving force in the adoption of crypto, saying they’re “enraptured by digital assets” while the members of Generation Z below them that “push digital assets up, in my opinion, into the stratosphere.” He have 5 children, 3 of which are millennials, and they are ready to transact and buy their Tesla in Bitcoin. Read Full on Decrypt

Argentina Citizens Believe Crypto Investments Extremely Safe Compared To Fiat

Global peer-to-peer bitcoin marketplace Paxful released the results of a cryptocurremncy survey in Argentina. A total of 1,113 Argentine citizens between the ages of 18 and over 55 participated. The survey shows that 73.4% of Argentina’s citizens believed crypto is the most effective saving method in the current economic crisis. Also, 69.5% responses said that they had invested at least once in cryptos. Furthermore, 67.8% of those surveyed believe that “cryptocurrency investments are extremely safe” compared to their local currency. Read Full on The Paxful Blog.

Raoul Pal: Shift in Federal Reserve Policy Will Push Bitcoin To 100x

Raoul Pal thinks Federal Reserve policies could lead Bitcoin to 100x gains.Fed Chairman Jerome Powell announced on Thursday that the U.S. central bank would prioritize keeping unemployment low over reigning in inflation. The former head of European hedge fund sales for Goldman Sachs, says that the shift in monetary policy is lending major upside to gold and, to an even greater degree, Bitcoin. Overall, he think Bitcoin will outperforms gold. He told, gold can go up 2x or 3x or even 5x while Bitcoin can go up 50x or even 100x. Read Full on The Daily Hodl

Ethereum 2.0 Testnet Transcends One Million ETH

There are now more than one million testnet eth validating on the new Proof of Stake (PoS) blockchain.The number of validators has also risen to above 35,000, each of which requires 32 eth. This makes it a full recovery for the testnet and a continuation of its operations to refine the network for an expected live launch this November. As can be seen the testnet has been reportedly running nicely now for some time, with epochs – a set of blocks/slots – operating as they should and validator participation at a ‘safe’ circa 75%. Read Full on Trustnodes.

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