Newsflash of March 27-03-20

Market Cap at 9:00 (UTC) – $187,358,897,454

Bitcoin dominance: 65.6 % 

BTC $6 722.4 (+1.42%)

ETH $138.19 (+1.74%)

XRP $0.173710 (+7.77%)

US House Democrat planning to create digital dollar

On March 22nd, 2020, the US House Democrat published a bill (https://financialservices.house.gov/uploadedfiles/waters_146_xml_03.23.2020.pdf) proposing the idea of creating digital dollar. Per the bill, the US House Democrat wants to provide financial protections for US consumers and businesses during Covid-19 pandemic. Moreover,the bill requires Federal Reserve, financial institutions and IRS to create a digital dollar wallet. However, it is unclear which technology will be used to create the digital dollar.

Brave partners with Binance

Brave has recently partnered (https://brave.com/binance/) with Binance to add new features for their browser. Through the partnership, Brave integrated Binance trading directly into the browser. Brave users can now trade, deposit, and manage cryptos on their browser.

That’s it for today.

Stay safe and happy trading.

Yours,

4C-Trading

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