Newsflash of April 03, 2020

Market Cap at 6:18 (UTC) – $190,184,384,498

Bitcoin dominance: 65.4% 

BTC $8,110.34 (+2.67%)

ETH $143.57 (+4.08%)

XRP $0.212512 (+1.74%)

Binance acquired Coinmarketcap

Binance has officially acquired (https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide) CoinMarketCap to boost the growth of crypto industry. The acquisition will help Binance to gather the data faster, more precise and better. Plus, the acquisition of CoinCarketCap is rumoured to cost Binance $400 million.

France's Central Bank to launch a CBDC experiement

According to the recent publication, Banque De France is looking for applications to run a trial with digital euro for interbank settlements. The purpose behind the experiement is to study the benefits and risks of digital euro. Applicants can now apply to join the trial until May 15th, 2020. Further details can be found here (https://www.banque-france.fr/sites/default/files/media/2020/03/30/fact_sheet_-_central_bank_digital_currency_30_march_2020.pdf).

Stay safe and happy trading.

Yours,

4C-Trading

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