🛎 Daily Update for Jun 3rd

💱 Binance Testing GBP-Pegged Stable Coin on Binance Chain:
Binance Chain appears to be considering the launch of its very own stable coin. BGBP, as the cryptocurrency is supposedly touted, is pegged to the British Pound. According to the CEO of Binance, Changpeng Zhao, the stable coin is only in a testing phase, but their intentions seem serious. Read more
#binance #stablecoin

💰 Localbitcoins Removes In-Person Cash Trades:
The peer-to-peer exchange Localbitcoins no longer offers personal cash trades. According to a few users, all pending fiat trades have been canceled, leaving local traders who prefer cash high and dry and forced to seek other avenues. Read more
#localbitcoins

📈 CME Bitcoin Futures Volume Hits New Record High:
Open interest on the CME Bitcoin futures has reached an all-time high ATH in preparation for the largest ever CME BTC futures expiration on Monday. Read more
#cme #futures

Fear and Greed Index:
ꜰᴜᴅ Today: 64 ꜰᴏᴍᴏ
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