Newslfash of April 17, 2020

Market Cap at 9:05 (UTC) – $203,193,752,712

Bitcoin dominance: 64 % 

BTC $8,110.34 (+1.64%)

ETH $143.57 (2.11%)

XRP $0.212512 (+0.42%)

ErisX partners with Fidelity to boost crypto trading

On April 9th, ErisX announced (https://medium.com/@erisxinsights/erisx-advances-strategic-relationship-with-fidelity-to-expand-access-to-digital-assets-fe7c025b6f1)the partnership with Fidelity Asset Services. The partnership will provide better liquidity for traders on both exchanges.

US Congress pushing adoption for digital dollar

A recent document (https://tlaib.house.gov/sites/tlaib.house.gov/files/ABCAct.pdf)published on April 16th, 2020 stated that the before January 1st, 2020, the Secretary will send the payments to all recipients through the digital dollar wallet. Additionally, each recipient will receive $2,000 per month during the payment period and $1,000 per month after the payment period. Moreover, the digital dollar wallet will not have any restrictions such as minimum or maximum balances, account fees and be closed on the basic of profitability.

China is testing digital yuan

A Chinese news outlet recenty reported (https://www.chinastarmarket.cn/detail/479721) that the digital yuan is being test in Suzhou, a majocity of Jiangsu Province. Currently, the firms in Xiancheng District of Suzhou will pay 50% for the local workers using the digital yuan. However, the report doesn’t reveal when the trial will end.

Stay safe and happy trading.

Yours,

4C-Trading

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