Crypto News Cast 📮 13-12-2020
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $561 B
📊24h Mcap %: 18.00%
⚠️Bitcoin Dom: 63.40%
📌Active Coins: 4,882
📍24h Vol %: 5.36%
💲24h Vol: $105 B
Crypto News Updates :
- Revolut Adds More Cryptos Including Tezos, EOS
- Ethereum Wallet MetaMask Goes After Institutional DeFi Market
- More Than 50 Million Adressesses Holding Ethereum
- 400 Million Apple Pay Users Can Now Buy Bitcoin and Ethereum
- Africa Is The Future Of DeFi, Said Cardano’s Charles Hoskinson
- Lowering Correlation Between Bitcoin and S&P 500 Is Bullish Sign
- Popular TV Show Host Taking Help To Understand Bitcoin
- Bitcoin (BTC) Price Breaks Correction Pattern, Here’s A New Bull Target
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Revolut Adds More Cryptos Including Tezos, EOS
In response to high demand from Customers, British fintech app, Revolut added four additional cryptocurrencies to the platform, allowing its customers in the European Economic Area to buy EOS, OMG Network (OMG), 0x (ZRX), and Tezos (XTZ) tokens. The app offers modern features and lower conversion fees and currently supports other major cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and Stellar Lumens. Read Full on Revolut Blog.
Ethereum Wallet MetaMask Goes After Institutional DeFi Market
ConsenSys, announced its intention to launch an institutional-grade version of MetaMask. Curv, a digital asset custody firm will test-drive it on its own systems. According to Curv, DeFi adoption hasn’t transitioned from retail investors to institutional investors due to issues with dapp integrations, protocol support, and security. Curv Co-Founder and CEO Itay Malinger said he believes that by combining unique multi-party computation (MPC)-based security infrastructure with MetaMask will lead to institutional adoption of DeFi. Read Full on Decrypt.
More Than 50 Million Adressesses Holding Ethereum
There are more addresses holding Bitcoin and Ethereum more than ever. According to data from Glassnode, the number of non-zero Bitcoin and Ethereum addresses just hit 32,925,521 and 50,476,989, respectively. Both numbers have risen exponentially over the past year with no signs of slowing down. As crypto adoption becomes increasingly mainstream, more traders are getting more involved with Bitcoin and Ethereum. Read Full on Decrypt.
400 Million Apple Pay Users Can Now Buy Bitcoin and Ethereum
Lumi wallet, a crypto wallet has integrated Apple Pay, opening the door to 383 million users to buy bitcoin with just one click. Now you can buy Bitcoin, Ethereum and other coins in Lumi Wallet with Apple. It allows users to buy crypto right within the wallet app in just one click,” the crypto wallet said. The process is as simple as clicking buy, entering the amount, to then just choose Apple Pay. Read Full on trustnodes.
Africa Is The Future Of DeFi, Said Cardano’s Charles Hoskinson
CEO of IOHK — developers of Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will be Africa. Africa might be the future for decentralized finance (DeFi) adoption. Patrick Rawson of Curve Labs said that reaching a greater percentage of users will require DeFi developers to tailor their products to un-and-underbanked users. He also noted that there is $5.6 trillion in wealth across Africa. Read Full on cointelegraph.
Lowering Correlation Between Bitcoin and S&P 500 Is Bullish Sign
The correlation between Bitcoin and the S&P 500 reached a 10-month low. Historically, this has been a bullish sign for BTC because it means BTC is not trailing the broader risk-on market. Analysts at Santiment said: “The correlation between #Bitcoin and #SP500 $SPX is great for identifying when $BTC can fluctuate independently from traditional markets. We’ve found that #crypto is at its best when this correlation is low… and our 30-day correlation model shows it’s at a 10-month low.” Read Full on CryptoSlate.
Popular TV Show Host Taking Help To Understand Bitcoin
Popular late-night talk-show host Conan O'Brien recently took to Twitter to express his 15-year-old son’s frustration with trying to explain Bitcoin. He compared the experience to watching the final of James Cameron’s action-packed romance film “Titanic”: What’s sadder, the end of “Titanic” or my son’s face when I ask him to explain Bitcoin again? BitGo CEO Mike Belshe offered to come on O’Brien’s TBS show “Conan” to show him some coins. Read Full on U.Today
Bitcoin (BTC) Price Breaks Correction Pattern, Here’s A New Bull Target
Bitcoin Price has continued to trade higher in the past 24 hours to facilitate a break of the consolidation pattern near highs, Bitcoin’s rally this year is different from its previous uptrends as experts investors have been involved in this one, said crypto investors Tyler and Cameron Winklevoss, Bitcoin price recorded an all-time high last week near $20,000. Read Full on Cryptocurrencynewscast.