Cryptocurrency News Cast đŽ 08-09-2020
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24hours Cryptocurrency Market Cap:
đMarketCap: $320 B
đ24h Mcap %: -0.29%
â ď¸Bitcoin Dom: 57.50%
đActive Coins: 3,909
đ24h Vol %: -14.38%
đ˛24h Vol: $137 B
Cryptocurrency News Updates :
- Major Food Delivery Service In France 'Just Eat' Accepts Bitcoin
- Ethereum Surpassed Bitcoin In Terms Of USD Transfer Volume
- Peter Schiff's Son Buys More Bitcoin
- Report: Crypto Trading Volume Surged By 49.6%
- Bitcoinâs "Accumulation Addresses" Has Surged By 2% To 513,000
- Crypto Exchanges Show Enormous Volumes Inflows In Crypto Market
- Indian IT Giant Tech Mahindra Plans To Build On Amazonâs Blockchain
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Major Food Delivery Service In France 'Just Eat' Accepts Bitcoin
Food delivery service Just Eat France has started accepting Bitcoin payments for orders placed from over 15,000 restaurants in the country. The delivery service is using US-based Bitpay as its Bitcoin payment provider. To make a Bitcoin payment, customers need to create a digital wallet by downloading special software or an app. Payments using Bitcoin will be calculated based on the current price charged by Bitpay. However, if a Bitcoin payment is cancelled, the customer will be refunded in Euros. Read Full on Decrypt.
Ethereum Surpassed Bitcoin In Terms Of USD Transfer Volume
Ethereum (ETH) has recently surpassed Bitcoin (BTC) in terms of the USD transfer volume for the first time, CoinMetrics data shows. On Sept. 6, the dollar value of ETH transactions sent over the network reached $3.15 bln while Bitcoinâs transfer volume was $2.94 bln. The ERC-20 version of the Tether (USDT) stablecoin is also breathing down Bitcoinâs neck with $2.92 bln. However Bitcoin($188 billion) is still far ahead of Ethereum ($39 billion) in terms of market cap. Read Full on U.Today.
Peter Schiff's Son Buys More Bitcoin
Famous gold bug Peter Schiff, who is one of Bitcoins harshest critics, said that his 18-year-old son Spencer who is a fan of Bitcoin due to his Libertarian views and his interest in Austrian economicsâhad just bought more Bitcoin. In the same tweet, he is conducting a Twitter poll to see whose investment advice the community trusts more, him or his son. The vast majority of Twitter users trust 18-year-old Spencer Schiffâs advice over his father. With 42,260 votes cast so far, his son is ahead 81.2% to 18.8%. Read Full on cointelegraph.
Report: Crypto Trading Volume Surged By 49.6%
A new report by CryptoCompare revels massive crypto trading volumes in August as crypto markets saw massive rallies. According to the report, both crypto spot and derivative volumes surged last month. Derivatives volumes increased by 53.6% in August to $711.7 billion. Meanwhile, total spot volumes have increased by 49.6% to $944.9 billion. Derivatives represents just over 40% of the total market share. Binance continues to lead the charge in terms of the highest trading volume with $124.9 billion last month. Read Full on The Crypto Associate.
Bitcoinâs "Accumulation Addresses" Has Surged By 2% To 513,000
Despite significant losses for Bitcoin since mid-August, the âbuy the dipâ mentality in the crypto markets is still strong, blockchain data suggests. While the cryptocurrency has declined from $12,400 to $10,000 in the past three weeks, the number of "accumulation addresses" has increased by 2% to 513,000, according to data source Glassnode. Su Zhu, CEO of Singapore-based Three Arrows Capital told that Lots of new daily buyers are coming in to absorb supply. Read Full on CoinDesk.
Crypto Exchanges Show Enormous Volumes Inflows In Crypto Market
According to the recent report from CryptoCompare, the crypto market has seen massive inflows of capital from new and veteran traders alike. This is reflected in August, Top-Tier trading volumes increased 58.3% to $529bn while Lower-Tier trading volumes increased 30.2% to $291bn. Top-Tier exchanges now represent 64% of total volume (vs 60% in July). This is a positive sign for the crypto industry, as it shows that new capital was injected into the market throughout the past several weeks. Read Full on NewsBTC.
Indian IT Giant Tech Mahindra Plans To Build On Amazonâs Blockchain
Indian IT giant Tech Mahindra has integrated with Amazon Web Services to build and deploy an array of blockchain solutions on Amazon Managed Blockchain in the next 12 to 18 months. Tech Mahindra will build blockchain supply chain solutions for aviation, healthcare and telecom sectors while also pursuing projects for its banking and financial services, retail, manufacturing, and oil and gas customers. Their primary focus is to disrupt the supply chain across these industries to âfacilitate business continuityâ even during the times of global pandemic. Read Full on cointelegraph.