Cryptocurrency News Cast For September 20th 2020 ?

in news •  4 years ago  (edited)

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Cryptocurrency News Cast 20-09-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $346 B
📊24h Mcap %: -5.48%
⚠️Bitcoin Dom: 57.60%
📌Active Coins: 3,910
📍24h Vol %: -9.29%
💲24h Vol: $105 B

Cryptocurrency News Updates :

  • Paypal Will Allow Shops And Vendors To Accept Cryptocurrency
  • EU Will Accelerate Crypto Usage For Cross-Border Payments By 2024
  • Travala.com Enters China's Fast-Recovering Travel Market
  • Percentage Of Bitcoin Users Is Same As Internet Users Back in 1995
  • Indian State Of Tamil Nadu Unveil Adoption Of An Ethical Blockchain Policy
  • Tron’s Total Userbase Surpassed 10 Million Milestone
  • Ethereum Locked In Defi Smart Contracts Surpasses That on Exchanges
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Paypal Will Allow Shops And Vendors To Accept Cryptocurrency

Sandi Bragar, a managing director at investment firm Aspiriant, said in an interview on CNBC that PayPal is currently working with shops and vendors to accept cryptocurrencies. Bragar stated that as the use of digital currencies by the mainstream masses increases, what the giant firm has done can become more important. Stating that this makes the company’s shares more attractive in the eyes of investors, the manager emphasized that there is a “win-win” situation. Read Full on The Daily Hodl.

EU Will Accelerate Crypto Usage For Cross-Border Payments By 2024

The European Union is moving towards making cross border payments quicker and cheaper by leveraging on blockchain and crypto-assets. EU documents indicate that the regional body will unveil new rules to enable the process by 2024. Based on increased cashless payments during the coronavirus pandemic, the EU is looking forward to enabling instant payments by using a stablecoins, a type of cryptocurrency often backed by traditional assets. Read Full on The Block.

Travala.com Enters China's Fast-Recovering Travel Market

Travala.com is trying to get a piece of the action in China, one of the few places on earth where domesitc travel booking are back where they used to be. The Binance-backed online travel agency has launched a Chinese language website, rolled out a regional customer support team and began marketing to travelers in the country on Thursday. Travala.com will also soon begin accepting WeChat pay in addition to its current lineup of cryptocurrencies, Travala.com CEO Juan Otero said. Read Full on CoinDesk.

Percentage Of Bitcoin Users Is Same As Internet Users Back in 1995

According to Dan Held, a Bitcoin analyst in charge of growth at the cryptocurrency exchange Kraken, the percentage of world using the Internet back in 1995 is exactly the same as the percentage of world using bitcoin today showing how early bitcoin is in its growth phase. According to him, the percentage of world using the Internet back in 1995 was 0.5%. While percentage of world using the Internet in 2020 is 60%. He highlighted that Percentage of world using Bitcoin today is also 0.5%, indicating BTC is in its intial growth phase. Read Full on U.Today.

Indian State Of Tamil Nadu Unveil Adoption Of An Ethical Blockchain Policy

Indian state of Tamil Nadu’s chief minister Edapaddi K. Palaniswami announced Tamil Nadu's adoption of an ethical blockchain policy. He also announced that the state would soon be rolling out Knowledge Proof Identity Based Services Delivery Project, that they intends to launch a project to provide Knowledge Proof Identity-based services delivery, which will revolutionize the way the government provides its services to citizens. The project will be implemented by establishing and leveraging the State Family Database (SFDB) and Blockchain Backbone infrastructure. Read Full on cointelegraph.

Tron’s Total Userbase Surpassed 10 Million Milestone

Tron’s, which declared its independence from Ethereum and moved to its own blockchain on June 25, 2018, userbase hit 10 million accounts 625 days later. Justin Sun CEO of Tron twitted that there 1st account was created on 6/25/2018, 182 days later, the millionth account was created on 12/24/2018, 625 days later, the 10 millionth account was created on 9/19/2020. Their next goal 100 million users. He notes that the average growth rate of the Tron network currently stands at roughly 60,000 new accounts per day. Read Full on U.Today.

Ethereum Locked In Defi Smart Contracts Surpasses That on Exchanges

Based on data of analytic firm Glassnode, the amount of Ethereum locked in DeFi smart contracts has surpassed Ethereum supply stored on centralized crypto exchanges. The movement of Ethereum transfers started going in opposite directions approximately on August 24. Back then, the curve of Ethereum locked in smart contracts began going up significantly. Glassnode shared another graph, which shows that the volume of non-zero addresses reached a new all-time high of 47,122,017 units. Read Full on U.Today.

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