Bitcoin sails past the 10k mark, and Ethereum is also on a bull run. Let’s Start the show. Welcome back to crypto global news, please make sure you like share and subscribe the show. Enjoy today’s episode. Bitcoin is the commodity controlling much of the conversation in and outside of the crypto Space, but few people are talking about another crypto rockstar – Ethereum. Ethereum has gone well past the $300 dollar mark, which does not sound like much when compared to bitcoin’s current position, but it is at number two so far as overall volume on coin market cap. There are some big plans being touted by the team at Ethereum for the future of the cryptocurrency. Could Ethereum be the crypto that gets all of the attention in the investment space? A representative of the Russian Ministry of Finance has said that the ministry is considering allowing cryptocurrency trading,The Deputy Minister of Finance Alexei Moiseyev told journalists in recent days, while the ministry had reached no final decision, cryptocurrency trading may be allowed in the coming bill on the circulation of cryptocurrencies in the Russian Federation. Russia is a big marketplace. If the flood gates open, how will this affect crypto globally? A much much-anticipated even, called bitcoin-halving is around the corner. This is when the BTC block rewards are reduced by 50 percent, this happens every four years. From an economic standpoint, the bitcoin halving is a bullish event because it significantly reduces the inflation rate of the asset that has a fixed supply of 21 million. The third halving will drop BTC’s annual issuance rate from 3.70 percent down to 1.79 percent, which is lower than the inflation rate of some wealthy nations. For instance, the inflation rate in the US is 1.90 percent. Let’s see if the next halving makes a major change in the value of the currency. Walmart the mega retailer, is not a stranger to the blockchain arena, Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since 2016 this project it has dived into a number of patents and trials — like tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food in the United States. But now it is being used to track drugs. The Food and drug administration is looking to use the technology to help in their efforts: “Using new innovations, we believe we can improve the overall security of our closed system and improve our ability to prevent the introduction of illegitimate products, better detect the introduction of illegitimate products, and enable stakeholders and the FDA to respond more rapidly when such products are found.” Let’s see if blockchain can help, yet another field. Bitcoin, has surged back to the 10k mark, which is a level that has been seen by many as a key psychological level including, prominent investors and analysts like Tyler Winklevoss and Thomas Lee, the sentiment around the current trend in the crypto market has significantly improved. Global markets analyst Alex Krüger said in May of 2019 that bitcoin has officially begun a new bull trend following its breakout above $6,800, with the bitcoin price above $10,000 is expected to appeal to retail and individual investors. What perhaps even more exciting, is only 24 hours after breaking through the 10k resistance point, bitcoin went up and over the 11 thousand mark. Let’s see what the next level is for the digital asset. Many thanks for tuning into today’s episode, please make sure you like share and subscribe, For crypto global news I’m Edward, until next time you take it easy.