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Crypto Summary of the day: BTC rises, Oil falls


Didn’t you have time to read what happened on the day in the crypto ecosystem? Do not worry, here you can read our nightly report with the most important of the day. Welcome to the Crypto Summary of the day, where Bitcoin and Oil have been the main news.

Bitcoin floats on a black day for Oil

Black gold has fallen again, this time with a 30% crash in the session. Oil, despite being an asset in which much confidence has been placed, has been one of the most affected by the Coronavirus effect, as a sharp drop in its consumption is expected.

On the other hand, the price of Bitcoin has maintained a slight upward trend, above $ 7,700.

Binance enters the world of mining

Through a press release, Binance moves his next token when launching ‘Binance Pool‘And, with this, starting in the world of mining. It will work without commissions until May 31.

“The empowerment of miners will allow significant growth and scale in the industry in general”, sentenced CZ, CEO of Binance.

From CryptoTrend we ask ourselves: What will be the next move by Binance?

A Big One Is Born: Coinbase Price Oracle

Coinbase Price Oracle is born, the new Coinbase service dedicated to providing reliable data in real time to the DeFi sector.

Increasingly, decentralized finance is gaining a place within the financial world. Offering services and capabilities to investors, which has led to more than a billion dollars being found in DeFi services. This is how Coinbase Price Oracle was born, Coinbase’s new DeFi service that seeks to take advantage of and enhance the expansion of this sector.

Can you be the owner of Bitcoin 100%?

On this occasion, Tone Vays, asks the question of what would happen if the billionaire Jeff Bezos, took all the Bitcoins that are in circulation.

Cryptocurrency trader and youtuber Tone Vays expressed that with a budget of $ 140 billion, the CEO of Amazon, could not buy all the Bitcoins (BTC) in circulation.

Tone Vays concludes with the following reflection:

“Bitcoin is a very little liquid asset. If Bezos were to try to buy all the BTC available, they would all start buying Bitcoin, which would further raise the price of the asset. ”

Coronavirus does not stop Blockchain technology

The good news of the day is that despite the Coronavirus pandemic, which plagues everyone, the Blockchain continues to generate new sources of work.

Since January 2020, the share of offers for cryptocurrency jobs has increased by 4.77%. During the course of March 2020, the share of job openings for cryptocurrency-related roles increased by 8.73%.

Some of the most demanded positions are:

  • Software engineer
  • Analysis Manager
  • Product manager
  • Technology Architect
  • Front-End Engineer Developer

Do not miss tomorrow a new edition of the Crypto Summary of the day.

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