Today I have a very cool collection of news to share with you.
Now, guys this week we are giving away $70 worth of Bitcoin. To be in the draw, all you need is just to like, comment, and subscribe. We will be revealing who the winner is on this Saturday. We will draw out a video and then draw a winner from the video. So good luck to you all!
Let’s have a look at today’s crypto market. It looks like cryptocurrency holders are very optimistic. On the top 10 crypto tokens, it looks like all the coins are in greens. Bitcoin is once again heading to the $12,000 mark with an astonishing 8.46% surge within the past 24 hours. Following the trend, Ethereum and XRP also saw an increase of 2.96% and 1.43% respectively. Moving on to the top 20, the coins are still mainly in greens. While Cosmos and Monero are going up by 4.10% and 3.32%, Chainlink is dropping 1.43% after the bearish run last week.
And now, let’s get straight on to the first news item for today. According to a report on decrypt.co, Tezos has been chosen by the South America’s third-largest investment bank to use its blockchain for security-token offerings (STO). Specifically, BTG Pactual, the third biggest Latin American investment bank, and the Dubai-based asset manager Dalma Capital announced plans on July 4 to utilize the Tezos blockchain to launch a new STO.
Moving on, per a report by Ethereum Worldnews, Robocoin, a Bitcoin ATM manufacturer, has recently announced its software pack that can turn any conventional ATM into a BTC dispensing machine. For those who are unaware, data from the CoinATMradar.com says that there are currently 4,858 crypto ATMs and 3 million functional traditional ATMs in the world. So if Robocoin can really do that, it would be a real revolution for the ATMs.
Let’s come to the third news for today. According to cointelegraph, two European companies have launched what they announced as the World’s First Zero-Fiat ‘Bitcoin Bond’s’ and it is currently available to users on the Bloomberg Terminal. Luxembourg-based Argento, a securitization firm, and London Block Exchange (LBX) joined forces with each other to issue the bitcoin-denominated bond, which is regulated under Financial Conduct Authority (FCA), the United Kingdom’s regulator.
Moving on, Gin Chao, Binance’s chief strategy officer said he believes bitcoin can increase as high as $50,000 to $100,000 in this current bull cycle, as per an interview with BlockTV. According to the CSO, the 2017 bull market saw a high degree of correlation between cryptocurrencies.
And the final piece of news we want to share is posted on the Daily Hodl, noting that there are massive injections of fiat currency into the crypto sphere. Kraken CEO Jesse Powell says Kraken crypto exchange has witnessed huge amounts of fiat currency inflows this year, which highly correlates to the increasing supply of Tether.
That’s all we got for today guys, do you have some thoughts to share with us?
Do you think that Tezos will be flourishing after the million-dollar deal with BTG Pactual and Dalma Capital?
Can Robocoin really turn traditional ATM into a BTC dispensing machine with just a software?
Are you going to buy the World’s First Zero-Fiat ‘Bitcoin Bond’?
Do you agree with Gin Chao about his optimistic view on Bitcoin rally?
And finally, is there a correlation between the fiat injection and the supply of Tether? Or it is just a coincidence?
Please feel free to comment down below. We are very happy to hear your thoughts. And if you want to be the winner of our giveaway for this week, just pop a comment, like and subscribe to our channel, you will get a chance to win $70 worth of Bitcoin. It’s Cindy with Cindy with CryptoPig. I’ll see you soon.