Hey welcome onboard to the first episode of the crypto daily. I am Kareena and I would be your host for today. I would walk you through interesting news that have happened today.
PewDiePie resorts to Crypto?
Swedish YouTuber ‘Felix Arvid Ulf Kjellberg’, better known as PewDiePie, has announced a partnership with a blockchain-based live stream video platform ‘DLive’ for exclusive streaming.
In the announcement, he also mentioned that he will begin streaming for the platform from 14th April 2019. Currently, PewDiePie owns the most subscribed channel on YouTube with more than 93 million subscribers.
China cracks down on crypto again?
Reportedly, the National Development and Reform Commission (NDRC), the state planning body in China, has stated that it is looking forward to implementing a ban on cryptocurrency mining in the country.
Something noteworthy here is that the two biggest businesses in the field of crypto mining – Bitmain Technologies and Canaan Inc. – are in China.
Cryptocurrencies have a new status in US
The US House of Representatives have amended the Token Taxonomy Act, which puts cryptocurrencies out of the expanse of Securities Laws.
With this amendment, cryptocurrencies can no longer be considered securities. Furthermore, the new act is supposed to improve certainty for businesses in the blockchain ecosystem in states.
EOS leads the packs
Among all the coins that have shown recovery in the past few days after BTC started a significant rally, EOS has emerged as the top gainer in the cryptocurrency market.
The coin has gained more than 7% in the last two days and is currently valued at $5.89 or 407.25 INR.
$20.1 million worth of USDT moved from Tether treasury to Kraken
As reported by twitter account ‘Whale Alert’, about $20.1 million worth of USDT has been moved from the Tether treasury to an account on Kraken, which is one of the biggest cryptocurrency exchanges in the world.
The shift of crypto funds happened in the form of two transactions moving 9,999,000 USDT each.
That’s it for today. Would meet you tomorrow
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