Welcome to this weekly news roundup. You may have missed some important news last week. Don’t panic, UpBots has selected the hottest news of the cryptocurrency market for you.
Covid-19
Due to the Covid-19 pandemic and the reinforcement of this economic crisis, the number of banks charging negative interest rates to the benefit of their customers has increased in Germany. At least 80 banks are now reportedly applying negative interest rate loans, and 16 of them are reportedly applying this policy also for small amounts.
Tokenized Bitcoin
The Bitcoin Switzerland Association (BAS), in partnership with concerned industry players, announces a completely new product to use Bitcoin: tzBTC, a token on the Tezos blockchain, endorsed 1-1 by Bitcoin.
Adoption and Crisis
Bitcoin attracts more and more users as States flood the world with Fiat. The United States Federal Reserve announced Thursday another $2.3 trillion lending program to stabilize the U.S. economy hit by the coronavirus.
The private sale of UBXt has started!
Private sale : 25 seats, bonus 60%, 20k investment
Pre-Seed capital in equity already raised: $550 000
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