4C Newsflash of July 5

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Market Cap at 1:53 (UTC) – $320,306,791,138 billion 

Bitcoin dominance: 62.3% 

BTC $11,211.30(-5.31%) ETH $292.42(-1.41%) XRP $0.381443 (-4.13%) 

Doge listed on Binance 

Binance has listed Doge and will soon begin trading at 2019/07/05 12:00 PM (UTC). Users can now start depositing Doge. On a side note, DOGE listing fee is 0 BNB. 

Binance switched USDT to ERC-20 USDT 

On July 4th , Binance removed USDT from the exchange and use ERC20-based USDT. Users can now no longer use the old USDT address. 

Electrum to support Bitcoin LN 

According to CoinDesk, Electrum’s founder, Thomas Voegtlin said that Electrum wallet about to add lightning network to the wallet. He said the team had been working on LN for a year in a different GitHub branch. Additionally, he expected that by the end of July, the team will release the new version of Electrum which support lightning network. 

BTG Pactual and Dalma Capital to utilize Tezos 

According to PRNewswire, Banco BTG Pactual S.A and Dalma Capital are going to use Tezos blockchain to launch STO. The deal is said to be worth over $1 billion when all existing and prospective token issuances are finished. On a side note, Banco BTG Pactual is the largest Latin America investment bank and Dalma Capital is a prominent Dubai asset manager. 

Telgram TON sold at triple ICO price 

According to Bloomberg, South Korea’s Gram Asia is going to open sale for TON, Telegram’s crypto currency. The sale will be opened on July 10th and it will be listed on Liquid exchange. However, compared to ICO price, TON will be sold at $4 which is 3 times higher compared to ICO price ($1.33). However, buyers can lower the price by using QASH token to purchase. 

FCA proposes ban on crypto products 

According to The Guardian, UK’s market regulator, FCA has proposed a ban for crypto stating that these assets can cause significant losses for retail investors and consumers. The FCA believes that these assets has extreme volatility and unknown value, thus increasing the risk of losing and financial crime.


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