Whatsapp's fiat electronic payment / Survey: BTC is becoming more trusted than banks / Crypto Masterclass

Inside Cryptocurrency .

Inside.com Part of   Network June 15, 2020

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Hey everyone! Today's newsletter: Whatsapp announces its fiat electronic payment on its platform. Survey: Bitcoin is becoming more trusted than big banks, increasing 29% over the past three years. Crypto Masterclass, featuring Dr. Muneeb Ali, the co-founder and CEO of blockchain software firm Blockstack, who said that smart contracts have more potential benefits than what their name suggests. A reminder: If you subscribe to our premium content, you'll receive Inside Cryptocurrency ad-free five days a week, along with features like our daily Masterclass, interviews with crypto experts, and the latest studies and reports on crypto. Right now, we're offering 50% off of our monthly plan (only a few slots left!) if you use the promo code Crypto50. Click here to upgrade to premium! Best, Rebecca

Market Watch Coin prices are down across the board during Monday trading. Bitcoin has slipped from around $9,500 last week and has dropped more than 3% in 24 hours. Bitcoin $9,132 -3.25% Ethereum $224 -5.08% Tether $1.00 -0.02% XRP $0.186 -2.87% Top 100 Winner: Flexacoin $0.004 +39.22% Top 100 Loser: Komodo $0.670 -12.82% Prices are as of 3:00 p.m. ET.

WhatsApp has announced it's bringing fiat electronic payments on its platform for users in Brazil. To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

A new survey found that Bitcoin is becoming more trustworthy than banks, increasing 29% over the past three years. To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on Dr. Muneeb Ali, the co-founder and CEO of blockchain software firm Blockstack. In an interview, Ali – who holds a PhD in computer science from Princeton University – said that smart contracts have more potential benefits than what their name suggests. "They should not even be called smart contracts because it’s a rather limiting name." To get more of Ali's views and receive our Masterclass every day, sign up for Inside Crypto Premium. To take advantage of 50% off on monthly plans, simply use the code Crypto50. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

The Dash Investment Foundation has bought its first physical gold... To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

YouTube has unsuspended the Bitcoin.com channel, which it claims was "terminated in error." On June 13, YouTube notified Bitcoin.com about the ban. Within a few hours, the platform sent an appeal, and two days later YouTube notified Bitcoin.com that its channel had been unterminated. Earlier today, Roger Ver, executive chair of Bitcoin.com, posted a video on Reddit and said the account was terminated for "basically no reason." He went on to say that the site could have been reported by "Bitcoin Core anti-competition maximalists," who falsely reported that the altcoin was a scam. Even though Bitcoin.com has since been reinstated, Ver said that now is the time to seek out alternatives such as lbry.tv, Dtube, and BitChute. COINTELEGRAPH

The stablecoin market has increased by 94% in the last four months of 2020. From February to June, the market has grown from $5.7 billion to $11 billion. Of the eight stablecoins examined, Tether saw the most growth this year, making up 86.2% of total growth. Circle and Coinbase's USDC stablecoin made up 6.8%. According to The Block's Larry Cermak, it's not clear if the new supply comes from new demand or whether it's from money that was already on exchanges that was then converted into crypto. More: A Harvard Business Review article from May analyzes whether stablecoins are "the next big thing" for e-commerce. An opinion article from Coin Desk from May suggests that the stablecoin industry has a fraud problem that it's not addressing. THE BLOCK

This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three.    Editor Jonathan Harris is a writer for Inside.com. Previously, he wrote for The Huffington Post, TakePart.com, and the YouTube channel What’s Trending.

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