Today’s top cryptocurrency prices on June 19
Major cryptocurrencies are trading in the red, with bitcoin and Ethereum down around 3 percent over the last 24 hours. Global cryptocurrency market capitalisation stands at $1.51 trillion. This is a decrease of 3.40 percent from the previous day. According to Reuters, Bitcoin, the largest cryptocurrency in the world, fell as much as 7 percentage points to $35,431.15 on June 18, at 8:02 GMT. Ether, which is the cryptocurrency linked to the Ethereum blockchain network, dropped 8.66 percent to $2165.68. has more.
The US House Republican is the first national party to accept cryptocurrency donations
The US’ National Republican Congressional Committee, the United States House Republicans campaign arm, announced that it will accept cryptocurrency donations. It claimed it was the first national party to accept contributions in cryptocurrency like Bitcoin. This would allow it to support Republican candidates next year’s midterm elections.
WazirX and other exchanges are accused of aiding the drug trade
Vice reported that WazirX, a cryptocurrency exchange, was accused of aiding the drug trade. The Vice report stated that the person who is driving the drug trade did not use the platform. This adds to the list of scandals that Binance’s exchange is involved in. A Vice report from June 17 stated that Makarand Pardeep, also known as the “crypto-king” in India’s underground drugs circuit, was buying drugs via the dark web using bitcoin and using WazirX as a wallet. Read more.
In a First
Landon Cassill, NASCAR driver, to be paid in cryptocurrency
According to AP, Landon Cassill will become the first NASCAR driver to be paid in cryptocurrency through a Voyager sponsorship deal that starts at Nashville Superspeedway this weekend. Voyager, a cryptocurrency brokerage site, has reached a 19-race sponsorship deal with Cassill for the Xfinity Series in JD Motorsports. Voyager will pay Cassill the funds in Litecoin. Cassill has been a long-time fan of the market. Cassill stated that Voyager will pay the market rate for sponsorship, but the funds would be distributed in crypto. The report said that the payment was a portfolio digital assets, which includes Bitcoin and Litecoin priced at market rates.