Cryptocurrency News Cast 📮 24-07-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $286 B
📊24h Mcap %: -0.30%
⚠️Bitcoin Dom: 61.40%
📌Active Coins: 3,382
📍24h Vol %: -1.19%
💲24h Vol: $63 B
Cryptocurrency News Updates :
- BitGo Launched Tezos Custody and Staking Service
- Crypto Friendly Bank Avanti To Open In October
- Tyler Winklevoss Believes Federal Reserve Will Boost Bitcoin Higher
- Ant Group Claims 100M Digital Assets Are Uploaded to Its Blockchain Daily
- Garry Kasparo: Crypto Gives Individuals More Control Over Their Money
- SBI Shifts Into Security Tokens As Secondary Markets Pump
- Crypto Exchange Gemini Now Provides Custody For .Crypto Blockchain Domains
- Opera Allows UK Users To Buy Crypto Directly Via Bank Accounts
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BitGo Launched Tezos Custody and Staking Service
BitGo has added custodial and staking services for the Tezos blockchain’s native token, XTZ. Investors who store their XTZ with BitGo will earn an annual staking return of around 6% across BitGo’s hot and cold wallets. Cryptos native to proof-of-stake consensus blockchains generate returns for their holders as a reward for them lending their personal computing power or that of a delegated validator, such as BitGo Trust toward securing the network. Read Full on coindesk.
Crypto Friendly Bank Avanti To Open In October
Avanti Financial expects to open its doors this October with a new bank-issued digital asset. Led by Wyoming blockchain advocate Caitlin Long, the crypto-friendly bank announced Thursday its application was accepted by the Wyoming Division of Banking on July 15. Avanti revealed its plans to issue Avit, a programmable digital asset that can only be issued by banks and will be treated as a cash equivalent. Long said in an interview that, one could presume that the Bitcoin blockchain will be involved. Read Full on CoinDesk.
Tyler Winklevoss Believes Federal Reserve Will Boost Bitcoin Higher
Bitcoin’s fundamental case continues to strengthen as developments regarding the next stimulus bill continue. Industry executives believe that this could act as a catalyst for this market moving forward. Referencing an article that discusses impending deliberations between top officials at the central bank over the next round of stimulus, Tyler Winklevoss, chief executive of Gemini, told that, Fed continues to set the stage for bitcoin’s next bull run. Read Full on twitter.
Ant Group Claims 100M Digital Assets Are Uploaded to Its Blockchain Daily
Ant Group has claimed its clients are uploading an average of 100 million digital assets to its blockchain every day which were mostly transaction records, as well as copyright and property ownership certificates. The Alibaba-affiliate company made the claim in a release Thursday that announced Ant Blockchain was rebranding to AntChain. AntChain will combine blockchain with Ant's other emerging tech offerings. AntChain’s workstation can reportedly reduce the set-up time to one-tenth and can increase transaction speeds by 30%. Read Full on coindesk.
Garry Kasparo: Crypto Gives Individuals More Control Over Their Money
The world’s most famous chess player, Garry Kasparov says Bitcoin, crypto and blockchain technologies, are the solution to the demand for privacy in financial markets. According to him, they give individuals more control over their money, which is usually regulated either by the state, corporations, or outside parties. He told the good thing about Bitcoin is that there will be only 21 million bitcoin, whereas when you look at the other side, the Fed can make trillions of dollars to appear on the market that will damage our savings. Read Full on cointelegraph.
SBI Shifts Into Security Tokens As Secondary Markets Pump
Major Japanese financial services company SBI Holdings now owns a 10% stake in the Nomura’s digital security offering platform Boostry. The news came after the Nomura Research Institute signed a memorandum of understanding - which is a joint venture of Boostery's majority - owner Nomura Holdings - and SBI. The agreement between Nomura and SBI has been reached because the security token sector has shown steady growth, with monthly secondary trading volume exceeding $2 million for the first time in June. Read Full on cointelegraph.
Crypto Exchange Gemini Now Provides Custody For .Crypto Blockchain Domains
U.S. crypto exchange Gemini has launched a custody service for “.crypto” web domains from blockchain firm Unstoppable Domains. Unstoppable said domain registrars will utilize Gemini's custody services when purchasing “.crypto” addresses for their clients through its service. The “.crypto” domains can serve as human-readable addresses for accepting a variety of crypto payments, as well as sending encrypted messages over P2P networks. Read Full on CoinDesk.
Opera Allows UK Users To Buy Crypto Directly Via Bank Accounts
Opera users in the United Kingdom can now buy crypto directly via bank accounts or digital banking app Revolut. Opera is providing crypto buys in the U.K. through a partnership with crypto processor Ramp. The solution implements European Open Banking APIs and enables low-fee crypto top-ups via bank accounts or digital banking app Revolut. Charles Hamel, head of crypto at Opera, says that at the launch U.K. customers will be able to purchase Ethereum (ETH), with more cryptos coming in the near future. Read Full on cointelegraph.