Weekly Crypto Report (08-14 June 2020) | What Happened This Week in Crypto


Here you will know about the weekly crypto report of last week regarding bitcoin and other cryptocurrency events happened all around the world

1 Coca-Cola Vending Machines Now Accepts Bitcoin

Quick Overview By using Bitcoin, you can acquire Coca-Cola Vending machines in Australia and New Zealand accept Bitcoin A lot of things can be bought using Bitcoin  Acknowledgment of Bitcoin, by specific vending machine selling Coca Cola. As reported by The Australian Financial Review, Roughly 1,200 vending machines in Australia and New Zealand have adopted 

2 Fidelity survey shows three trends attracting wall-street investors into Bitcoin and Crypto

Over late months we noticed an upswing in associations accepting Bitcoin and crypto-assets. Nothing shows this as well as Grayscale’s Bitcoin Trust, a leading way that institutional investors can use to gain exposure to cryptocurrency. According to NewsBTC’s research, Over the late 12 weeks, the trust brought in 62,972 BTC. Simultaneously 125,368 coins were dug

3 Bringing up Beta on Bitcoin Network by Microsoft ID System

May results, the tech giant the decentralized identity network to declare openly that it has instantly introduced in beta on the Bitcoin blockchain. May results in the ION, Microsoft’s decentralized identity network, to proclaim that it tends to shift beta testing on the Bitcoin network. The 10 blog post, Daniel Buchner, a program manager

4 Bakkt partnered with Galaxy Digital For New Institutional Offering

To complete organizational order for Bitcoin, Galaxy Digital’s trading engine will be associated with Baker’s custody services as a combined process. ‘white-glove’, to introduce this service, The Intercontinental Exchange’s digital asset custody and derivatives platform Bakkt has associated with crypto asset manager Galaxy Digital for organizations seeking Bitcoin (BTC) enhancement. The association will put together 

5 The transaction fee of $2.6 million was charged in an Ethereum mysterious transaction

On Thursday near about 12:00 am ET, another big charged, curious Ethereum transmission arises in which a sender transferred an amount of $86,390 ether (ETH) as a transmission charge of almost $2.6 million. This is a transaction from the same sender who paid the same fees yesterday to send just $133 worth of ETH. Today’s

6 India planning to ban cryptocurrencies with law

NEW DELHI: India is planning to initiate a law to ban cryptocurrencies, as the government looks for a legal structure as being much more powerful than a circular from the Reserve Bank of India (RBI) in this regard. “A note has been moved (by the finance ministry) for inter-ministerial consultations,” a senior government official informed 

7 18 New cryptocurrencies supported by Coinbase

Coinbase declared openly the exchange is scrutinizing help for 18 modern digital assets comprising VeChain, Synthetix, and DigiByte. United State’s broadest cryptocurrency exchange is contemplating proposing help for a mixture of modern cryptocurrencies. By June 10 blog post from Coinbase, the exchange is scrutinizing help for Aave (LEND), Aragon (ANT), Arweave (AR), Bancor (BNT), Compound

8 Gemini to broaden its services in Singapore with the new managing director of Asia-Pacific

The U.S.-based crypto exchange, Gemini scheduling to broaden its services in Singapore by attempting appointment of Jeremy Ng as new managing director of Asia-Pacific.  Under Singapore’s 2019 Payment Services Act, the Gemini’s Asia managing director makes the business capable to assign for a license with the Monetary Authority of Singapore (MAS) by taking the appointment […]

9 A new Investment fund for Bitcoin is launched by Asset Manager Wilshire Phoenix

(SEC) Securities and Exchange Commission organized issued Friday, Wilshire Phoenix the New York-oriented plans to arrangements of bitcoin to specific investors launching a new trust, with a maximum advanced accumulated proposed price of $2 million, or 80,000 shares. The order said: “The Shares will provide investors with exposure to bitcoin in a manner that is