Crypto News Cast 📮 6-12-2020

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap: $567 B
📊24h Mcap %: 1.00%
⚠️Bitcoin Dom: 62.60%
📌Active Coins: 4,788
📍24h Vol %: -22.54%
💲24h Vol: $116 B

Crypto News Updates :

• Argo Blockchain Boosts Its Bitcoin Mining Reserves By 30 percent
• Upcoming Cardano Hardfork To Enable Token Locking Feature
• TRON’s Daily Active Wallets Hits All-Time-High
• Number of Unique Addresses Involved With DeFi Now Greater Than 1 Million
• UN Improves Land Registry In Afghanistan Cities With Blockchain Tool
• Ethereum Launches On Toronto Stock Exchange As An ETF
• Billions Of Gold Moves Into Bitcoin Says Analysts At JPMorgan
• Apple co-founder Steve Wozniak Jumps Into Crypto and Blockchain

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Argo Blockchain Boosts Its Bitcoin Mining Reserves By 30 percent

Argo Blockchain, the leading cryptocurrency mining firm in the United Kingdom boosted its Bitcoin reserves by 30 percent. The cryptocurrency had accrued 178 Bitcoins worth approximately $3.4 million. Argo Blockchain was the very first cryptocurrency-oriented company to get listed on the London Stock Exchange. Peter Wall, Argo CEO claims that it has achieved highest mining margin since May due to increase in efficiency. Read Full on U.Today

Upcoming Cardano Hardfork To Enable Token Locking Feature

Kevin Hammond, a software engineer at IOHK, revealed this week that Cardano will undergo a hard fork later this month (mid-December) as part of its transition to the Goguen development era. Hammond said the hardfork would be handled much differently on Cardano to avoid the traumas that come with hardforks. The hard fork will enable the “token locking” feature, which records how a token is being utilized on the ledger. Read Full on cointelegraph.

TRON’s Daily Active Wallets Hits All-Time-High

The Tron Blockchain (TRX) experienced all-time highs in number of daily active wallets. According to DappRadar’s November Industry Report, Tron exceeded 150,000 daily active wallets in the month of November which was an increase from the previous month. High-risk DApps contributed largely to increment in number of active Tron wallets (this figure exceeded 150k active wallets) and also the high number of Tron transactions. Read Full on Ethereum World News.

Number of Unique Addresses Involved With DeFi Now Greater Than 1 Million

According to data compiled on Dune Analytics, the number of unique addresses involved with decentralized finance (DeFi) is now greater than one million. DeFi protocols grew into some of the year’s most popular crypto investments in 2020. Richard Chen, a partner at early-stage crypto venture fund 1confirmation, who created the dashboard on Dune Analytics said that he calculated overall users based on the number of unique addresses, not individual people (or companies). Read Full on Decrypt.

UN Improves Land Registry In Afghanistan Cities With Blockchain Tool

The United Nations’ Habitat, will tackle urban challenges with blockchain technology. Its new blockchain-enabled digital land registry tool will help the Afghan government manage property ownership issues in the country’s urban areas, it will record all property documents on a blockchain, as well as issue occupancy certificates. U.N.-Habitat, will present its new digital land registry solution, named “goLandRegistry”, to the Ministry of Urban Development and Land in Afghanistan in December 2020. Read Full on cointelegraph.

Ethereum Launches On Toronto Stock Exchange As An ETF

Ethereum is now available to Canadians in the form of an ETF. Canadian digital asset investment manager 3iQ will be launching an IPO for the world’s first Ethereum ETF, The Ether Fund, on the Toronto Stock Exchange (TSX) under the ticker QETH.U. 3iQ has more than $400 million CAD under management, and with focus on Bitcoin, Litecoin, and Ethereum. These funds and trusts are the preferred investment method for many traders. Read Full on cointelegraph.

Billions Of Gold Moves Into Bitcoin Says Analysts At JPMorgan

According to analysts at JPMorgan Chase & Co., family offices and other funds are selling their gold exchange-traded funds (ETFs) for crypto. Gold’s price fell when bitcoin began rising to now near $20,000. Tons of gold have been taken off ETFs while bitcoin was rising in price, showing a strong correlation between the two. Studies have shown bitcoin as a hedge against geopolitical risk and economic challenges. This led many to suggest that bitcoin is a better hedge against the trillions of new money being printed. Read Full on Trustnodes.

Apple co-founder Steve Wozniak Jumps Into Crypto and Blockchain

Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology. The company aims to be a marketplace to streamline the process of financing and undertaking energy efficiency projects by enabling them to receive crowd contribution from investors via its token WOZX. Efforce claimed the listing has increased Efforce’s market value tenfold to $950 million. Read Full on CoinDesk.