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Newsflash of October 18

Market Cap at 2:21 (UTC) – $216,095,004,203 billion 

Bitcoin dominance: 66.2 % 

BTC $ 7,946.45 (-1.71%)

ETH $172.32 (-2.83%)

XRP $0.290281 (-2.24%)

Japan visitors will soon be able to make payment using a local crypto

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Kintetsu Shimakaze Coin, a local token for payment will soon be available in the Mie Prefecture next year. The company which created t Mitsubishi Research Institute said that only 15 local stores, restaurants and resorts will be allowed to accept the token. Furthermore, the token can only be used from November, 11st 2019 to January, 31st 2020.

Binance raises leverage up to 125x

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On October 18th, Binance Futures has raised the leverage for BTCUSDT pair up to 125x and has added a new feature which allows traders to adjust their leverage. At the moment, Binance is now the first exchange in the market to offer leverage higher than 100x.

Karma Automotive started accepting Bitcoin


Luxury electric car auto maker, Karma Automotive announced that the company was using its flagship store to accept payment using cryptocurrencies. Per the article, Karma will provide VVIP customers to pay for their goods using Bitcoin. However, the article didn’t mention any other crypto beside Bitcoin.

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