Tether market cap crossed 1 Billion to Poland using ETH Blockchain, Read Today's Top 5 Crypto News
1) The market cap of Tether has been increasing for the last 9 days.
Paolo Ardoino, CTO Tether tweeted that the supply of tether increased by 1 billion over nine days. This is the second-fastest expansion in its history whereas the fastest being increase in the supply by 1 billion in 8 days. Currently, Tether's market cap is $19 billion. As per CoinMarketCap data Tether's market cap has become 4 times more than since the beginning of 2020.
2) CME has become the largest Bitcoin futures market.
Recently, Arcane Research tweeted that CME has become the largest Bitcoin futures market overtaking OKEx. As per the tweet, Binance and Huobi are at third and fourth position respectively. Arcane claimed that open interest in CME’s Bitcoin futures contract has reached $1.16 billion whereas for OKEx the number is $1.07 billion.
3) Ukraine government pushes cryptocurrency & blockchain adoption in the country.
The Ukraine Ministry of Digital Transformation launched a web show to educate people about cryptocurrency, blockchain, and Bitcoin (BTC) with Binance, Hacken, and Crystal Blockchain under the "Diia.Digital Education” program which also includes courses like "digital lessons for teachers” and “how to become a YouTube blogger".
4) CEO of Morgan Creek believes negative bitcoin news doesn't affect investors.
While threat of such regulation does cause short-term consternation & fear, which have a negative impact on prices of assets related to new technology, long-term outcome does not change, disruption occurs. Pace of disruption has accelerated w/ networks & decentralized systems
5) Poland city applies Ethereum blockchain for emergency services.
Poland city - Olsztyn has successfully tested Ethereum blockchain to aid the provision of emergency services named SmartKey. SmartKey will connect with the rescue teams through Teltonika smart devices. The marshall of the Warmińsko-Mazurskie Voivodeship said:
The need for our rescue services to perform their duties without obstruction is a delicate one. The use of blockchain and SmartKey technology seems to be like the perfect solution, giving reassurance to building owners and inhabitants, but also freedom for our emergency services.