Cryptocurrency News Cast đŽ 07-09-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap: $321 B
đ24h Mcap %: -3.30%
â ď¸Bitcoin Dom: 57.60%
đActive Coins: 3,909
đ24h Vol %: -34.90%
đ˛24h Vol: $155 B
Cryptocurrency News Updates :
- Raoul Pal: Bitcoin Beats Gold on Every Single Measure
- Litecoin's MimbleWimble Is On Track For Testnet Launch
- US Congress To Study Use of Blockchain Technology In Commerce
- Brendan Blumer Believes EOS Will Unleash DeFi
- Binance Unveiled Launchpool Platform, A Secure Way To Farm New Assets
- Starling Bank Co-Founderâs App Added P2P Support For Crypto
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Raoul Pal: Bitcoin Beats Gold on Every Single Measure
Macro strategist and former hedge fund manager Raoul Pal shared some analysis from his monthly global macro investment report early this week. The report is exclusively for Global Macro Investor clients. This monthâs core focus is on bitcoin, particularly how the crypto compares to gold. He believes that Bitcoin beats gold on every single measure, except it just doesnât have 10,000 years of history. He proclaims that bitcoin is the hardest form of money and the best reserve asset and best collateral asset ever seen. [Read Full on Bitcoin News.]
Litecoin's MimbleWimble Is On Track For Testnet Launch
Development on Litecoinâs upcoming privacy implementation, MimbleWimble, continues to be smooth and faces no potential delays ahead of a testnet launch later this month, the Litecoin Foundation confirmed in a release. Privacy is not the only benefit of MimbleWimble. As project lead David Burkett stated in an update in August, the team was even building a new syncing process that would bring faster transactions on the Litecoin network â courtesy of an innovative block processing model. Read Full on CryptoSlate.
US Congress To Study Use of Blockchain Technology In Commerce
The US Congress is now considering a bill that seeks to direct the government to study the use of blockchain technology in commerce. US Representative Darren Soto introduced the bill, H.R.8153, to the House on September 1st. Congress.gov sheds light on what H.R.8153 aims to accomplish. To direct the Secretary of Commerce, in consultation with the Federal Trade Commission, to conduct a study and submit to Congress a report on the state of the blockchain technology and use in consumer protection, and for other purposes. Read Full on The Daily Hodl.
Brendan Blumer Believes EOS Will Unleash DeFi
Block.one CEO Brendan Blumer says EOS is the most suitable blockchain for the decentralized finance (DeFi) market as users experience slow and costly transactions on Ethereum. Blumer points out that EOS has the solutions to issues that are currently hounding the protocol underpinning most DeFi protocols. The Block.one head told "EOS will unleash DeFi... EOS has the performance, liquidity, and developer community to support DeFi applications that arenât possible anywhere else." Read Full on The Daily Hodl.
Binance Unveiled Launchpool Platform, A Secure Way To Farm New Assets
World's largest crypto exchange Binance unveiled the Launchpool platform. Launchpool platform will allow users to have securely farm new assets as well as users will get new token rewards in return for staking BNB, BUSD, and other tokens. The first project in Launchpool is the Bella protocol, where users will be able to stake their BNB, BUSD, or ARPA tokens into three separate pools to farm BEL tokens over 30 days, starting from 2020/09/09 00:00 AM (UTC). In addition, Binance will then list BEL at 6:00 AM (UTC) 09/16/2020. Read Full on Twitter.
Starling Bank Co-Founderâs App Added P2P Support For Crypto
U.K. challenger bank Ziglu has added peer-to-peer (P2P) support for cryptocurrencies well as pound sterling, a week after receiving an Electronic Money Institution (EMI) license from a U.K. regulator. Ziglu app users can send crypto to other people, as well as buy and sell crypto. But its users canât send their crypto to regular crypto wallets, only to other Ziglu customers. Ziglu currently supports Bitcoin, Ethereum, Litecoin and Bitcoin cash, with XRP due to be added later this month. The platform says it will list other digital assets based on customer demand. Read Full on CoinDesk.