Cryptocurrency market bounces back. The cryptocurrency market enjoyed gains on Monday after a drastic of the past days. Every one of the top 100 digital currencies listed on CoinMarketCap is up over the last 24 hours, the total market capitalization stands at $321 475 580 505. Bitcoin is recovering after a six-week minimum and has gained almost 12% over the past 24 hours.
Cryptocurrencies on G20 summit agenda. Mark Carney, Chairman of the Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, said in a letter to G20 central bankers and finance ministers that the organization doesn't see Bitcoin and other cryptocurrencies as a threat to the global economy. At the G20 Summit that kicked off in Argentina today, the participants will discuss Bitcoin and cryptocurrencies, and their influence on the global financial stability.
Mastercard open to state-issued cryptocurrencies. Credit cards giant Mastercard is open to using central bank-issued national digital currencies in the future, said Ari Sarker, co-president of Mastercard’s Asia-Pacific business. The company’s senior executive also said that Mastercard is running a cryptocurrency pilot program in Singapore and Japan, allowing some clients to “cash out” of Bitcoin onto a card.
Bladetec planning to build largest Bitcoin farm in the UK. Bladetec, a company that has supplied high-powered IT equipment to the British Ministry of Defence and NATO, is aiming to build £10m worth largest Bitcoin farm in the UK. The 3,500-square foot facility, which will house up to 2,000 machines, is expected to be stationed across three locations in London, Surrey and Suffolk.
The total cryptocurrency market capitalization stands at $320 849 223 886.
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