Binance releases lending platform; claims 15% ROI – August 26

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $10,337

The price of Bitcoin is almost exactly where it was as of last Friday’s newsletter, following a slight drop over the weekend and a subsequent recovery today. With that, Bitcoin is up 2.5% on the daily, while other top-20 coins are showing a spattering of red and green, with most coins up around 1%.

Top Stories for August 26, 2019 πŸ”₯

πŸ‘‰ Binance releases lending platform; claims 15% ROI

Earlier today, Binance CEO and Founder Changpeng Zhao hinted at an upcoming lending feature on the popular cryptocurrency exchange.

Just hours later, an official announcement was made. Binance has released a lending platform, where users can invest both BNB and USDT, with the promise of 15% and 10% annual returns (respectively).

πŸ‘‰ Yahoo Finance comments on Bitcoin as a “safe haven”

Bitcoin has always been a volatile asset, and is so until even today. However, in a backdrop of numerous trade wars and fast political changes, it’s starting to seem pretty stable.

A recent Yahoo Finance articles comments on the idea of Bitcoin as a “safe haven”, criticizing Bitcoin’s still considerable volatility — especially in the face of regulation. However, the article concludes that it may still be part of a “balanced” investment portfolio.

πŸ‘‰ Jaguar Land Rover set to talk blockchain

It was recently announced that Jaguar Land Rover, the internationally-recognized automotive manufacturer, would be collaborating with IOTA to bring the benefits of blockchain to its vehicles.

At an upcoming conference, Jaguar Land Rover and Positive Cityxchange are set to “demystify the potential of DLT / Blockchain for Internet-of-Things and Smart cities at the crossroads of energy, mobility, real estate and urban planning.”