Newsflash of July 03, 2020

Market Cap at 2:30 (UTC) – $259,693,719,963

Bitcoin dominance: 64.5 % 

BTC $9,094.8 (-1.4%)

ETH $226.76 (-1.36%)

XRP $0.175963 (-0.77%)

Kazakhstan goverment takes further interest in crypto mining

According to the post (http://www.mofcom.gov.cn/article/i/jyjl/e/202007/20200702979064.shtml) by Ministry of Commerce of China, the government of Kazakhstan is considering to double its investment in crypto mining in the the last quarter of 2020. Moreover, Kazakhstan will continue to develop its CBDC along with its investment.

Lithuania could be the first country to issue CBDC in Europe

Reuters recently reported (https://uk.reuters.com/article/us-eu-cryptocurrency-lithuania/lithuania-dabbles-in-crypto-coin-as-central-banks-look-for-ways-to-fend-off-facebook-idUKKBN2431RF)that Lithuania is going to launch its pre-sale of LBCOINS (aka Lithuania’s CBDC) next week. Initially, there will be 24,000 tokens in the early sale. Additionally, a pack of 6 LBCOINS will be sold for 99 eur and it can be exchanged directly with the central bank and on private blockchain networks.


Stay safe and happy trading.

Yours,

4C-Trading

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