Crypto News Cast 📮 5-12-2020
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $565 B
📊24h Mcap %: 0.26%
⚠️Bitcoin Dom: 62.60%
📌Active Coins: 4,786
📍24h Vol %: -4.38%
💲24h Vol: $142 B
Crypto News Updates :
- BIS and Swiss National Bank Explore Benefits of Blockchain Technology
- Grayscale Adds Extra $137 Million Worth of Bitcoin in Last 24 Hours
- Brian Brooks Predicts Bitcoin Clarification Actions From Trump’s Administration
- Citigroup Helps World Governments In Building Digital Currencies
- VeChain (VET) Develops COVID-19 Blockchain Solution For Hospitals
- MicroStrategy Acquires More 2,574 Bitcoins Worth $50.0 Million
- China's Central Bank Plans Digital Yuan Pilot For Cross Border Payments
- ChainLink Addresses Holding 1,000+ LINK Is Growing
- One Million ETH Gets Locked Up In ETH 2.0
Register at the best leverage exchanges
- ByBit: https://bit.ly/36JuDQZ
- BitMEX: https://bit.ly/2M74PX9
- Binance: https://bit.ly/34urfrJ
- Gemini: https://bit.ly/2IiqQDp
- FTXexchange: https://bit.ly/2SGhEL5
- Bittrex: https://bittrex.com/Account/Register?referralCode=FIV-UX0-TAQ
- BraveBrowser: https://brave.com/nnr477
Advertise Your Products and Get Leads To Your Business Hashing Ad Space
- Register link: http://bit.ly/2YlhQRh
Buy Products and Gift Cards With Bitcoin and Cryptocurrencies:
BIS and Swiss National Bank Explore Benefits of Blockchain Technology
The Bank for International Settlements (BIS) Innovation Hub Swiss Centre (BISIH), has completed two proofs-of-concept linking existing payment systems to a distributed ledger and settling tokenized assets with CBDC. BIS and the Swiss National Bank (SNB) is exploring the benefits of using blockchain technology to implement a central bank digital currency (CBDC). The project Known as “Project Helvetia,” is a joint venture between them and Switzerland’s top stock exchange, Six Group. Read Full on cointelegraph.
Grayscale Adds Extra $137 Million Worth of Bitcoin in Last 24 Hours
Data shared by Bybt analytics showed that over the past 24 hours, Grayscale Investments fund led by Barry Silbert added another 7188 BTC to its crypto holdings ($136,960,870 at the current exchange rate). Grayscale now manages $12.6 billion in crypto. This will allow financial institutions buy more of its Bitcoin Trust (GBTC) shares. Bitcoin critic Peter Schiff recently referred to Grayscale, as the biggest Bitcoin buyer. Read Full on U.Today
Brian Brooks Predicts Bitcoin Clarification Actions From Trump’s Administration
Brian Brooks, acting Comptroller of the Currency predicted that cryptocurrency banking and clarification actions will emerge from Trump's Administration during its final days. Brooks implied that the clarification that is coming in the next few weeks will have a positive impact on the price of bitcoin. He said Bitcoin have been a bubble two years ago, but with more clarity institutions will adopt it even more, and this will bring more balance to Bitcoin adoption. Read Full on CoinDesk.
Citigroup Helps World Governments In Building Digital Currencies
Michael Corbat, Chief Executive of Citigroup, the multinational banking giant, said his bank is helping government create Central Bank Digital Currencies, or CBDC. Corbat, Speaking to David Rubenstein at a Friday Bloomberg event made it clear that CBDCs are definitely the future of money and Citigroup, is helping bring that future about. He said they have been working with governments around the world in “commercialization” of sovereign digital currencies. Read Full on CoinDesk.
VeChain (VET) Develops COVID-19 Blockchain Solution For Hospitals
VeChain (VET) and I-Dante co-developed solution for COVID-19 RT-PCR, a medical data management platform, which makes life easier for patients and health workers by simplifying the delivery of test results, diagnostics etc. The antibody test records have been successfully applied at the Mediterranean Hospital of Cyprus. This solution will make it easier for health professionals to tackle the COVID-19 pandemic. Read Full on BTCMANAGER.
MicroStrategy Acquires More 2,574 Bitcoins Worth $50.0 Million
Michael Saylor, MicroStrategy CEO announced on Twitter that his company’s purchased its third bitcoin (2,574 bitcoins worth $50.0 million), bringing the business intelligence company’s treasury holdings to approximately 40,824 bitcoins alongside SEC filings on the same day. Saylor said the recent purchase of Bitcoin is part of MicroStrategy’s treasury reserve policy of changing inflation-prone fiat to Bitcoin. He sees bitcoin as the most value storage globally. Read Full on CoinDesk.
China's Central Bank Plans Digital Yuan Pilot For Cross Border Payments
China’s central bank and the Hong Kong Monetary Authority (HKMA), are in the early stages of piloting the digital yuan (e-CNY) for cross-border payments. Chief executive, Eddie Yue in an update indicated that HKMA is dialoguing with the People’s Bank of China (PBoC), to begin pilot testing the e-CNY. Yue said that Hong Kong and tourists could benefit tremendously from the e-CNY, because it represents the same value as cash and would be more convenient. Read Full on cointelegraph.
ChainLink Addresses Holding 1,000+ LINK Is Growing
Data from the team at Santiment feed show that Chainlink, the sixth-largest cryptocurrency by market capitalization, has a growing population of whales. The number of ChainLink addresses holding at least 1,000 LINK and more reached about 445 in the past one month. Accumulation by LINK whales could lead to a price increment in the coming days. The number of big Chainlink investors accumulating more LINK is encouraging and continues to grow. Read Full on Ethereum World News.
One Million ETH Gets Locked Up In ETH 2.0
Etherscan reports that a million ETH worth $600 million gets locked up in smart contracts of Ethereum 2.0, four days after the protocol successfully launched its beacon chain. This would reward stakers in the future when other phases are launched and the staked amounts open up for withdrawals. The shift from Proof-of-work to proof-of-stake will make Ethereum become more scalable and faster. Staked funds are 116% higher than the required amount. Read Full on Decrypt.