The last 24 hours Crypto Currency, more specifically Bitcoin, has shown how much strength it has had since the stock market has taken a breather. 11k was a key break out point after surpassing 10k. Those who have shorted the market, have taken BIG losses. During the Bitcoin Run, we have seen bitcoin dominance increase to 67%, reaching an all year high. The total coin market cap is above 300 billion which makes the day traders in the DCG Group very happy. We plan to have a great month, this would be a great time for you to be a part of our mastermind community.
News recap in the last 24 hours below.
📌 Iranian authorities legalized mining and recognized it as an industrial activity. Miners must get a license and pay taxes, but if cryptocurrencies price drop, the state does not guarantee anything.
📌 Leading crypto wallet blockchain. com launches its own cryptocurrency exchange PIT.
📌 Stablecoin USDT added to the sidechain of Bitcoin Liquid Network.
📌 MoneyGram payment provider started using Ripple’s xRapid service for cross-border payments
📌 Sony has become an investor in the Bitwala crypto platform in the first round of financing, a total of $ 14.5 million was raised.
📌Kraken crypto exchange bought Interchange startup to lure institutional investors by offering them a more efficient way to manage their crypto portfolio.
📌 Popular travel service Cheapair. Com added support for Ethereum payment.
📌 The Grayscale Investments crypto fund, which manages assets of $ 2.7 billion, will store its funds on the custody service Coinbase Custody.
📌 In early 2019, the manufacturer of ASIC miners Bitmain suffered a loss of $ 615 million, to cover which it was necessary to arrange a sale of obsolete products.