Crypto News Cast đŽ 16-12-2020
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap: $598 B
đ24h Mcap %: 29.60%
â ď¸Bitcoin Dom: 64.20%
đActive Coins: 4,944
đ24h Vol %: 37.48%
đ˛24h Vol: $147 B
Crypto News Updates :
- Senator Cynthia Lummis Believes Bitcoin Would Work With Fiat
- Grayscale Investment Reaches New Milestone Of $13 Billion
- Cardano Advancing The Bitcoin UTXO Model To Reduce Security Risk In DeFi
- Aave, Bancor and Synthetix To Launch on Coinbase Pro
- Italian Private Bank, Banca Generali To Introduce Crypto Services In 2021
- Satoshipay Becomes The First To Use Euro-Backed Stablecoins
- Bitcoin And Crypto Market Keeps Fingers Crossed Awaiting Government Stimulus
- Breaking: Bitcoin Hits New All Time High Value Of $20,000
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Senator Cynthia Lummis Believes Bitcoin Would Work With Fiat
Cynthia Lummis, Wyomingâs newly-elect Senator, in a recent podcast said she believes that the cryptocurrency would work side by side with fiat currencies. She has been a long-time bitcoin holder after buying Bitcoin back in 2013. The host of the podcast predicted that Lummis will become known as the âBitcoin Senatorâ in the crypto community. Lummis said that most government officials donât understand the fundamentals so they are afraid of it. Read Full on CryptoPotato.
Grayscale Investment Reaches New Milestone Of $13 Billion
Digital asset manager Grayscale Investments has passed another milestone, reaching $13 billion in assets under management on Dec. 14 for the first time. Data tweeted by the firm showed the largest holdings remain in bitcoin, with the Grayscale Bitcoin Trust having $10.82 billion in the top crypto asset. The firm's Ethereum Trust now has $1.72 billion in AUM. Grayscale also has trusts for litecoin ($74.8 million), bitcoin cash ($58.6 million), ethereum classic ($74.3) and others. Read Full on Grayscale.
Cardano Advancing The Bitcoin UTXO Model To Reduce Security Risk In DeFi
Nervos, a China originated public blockchain, and blockchain engineering company IOHK, developers of the Cardano blockchain, today announced a new initiative aimed at reducing the risk of hacks in decentralized finance (DeFi). The two blockchains will work together to improve the security of smart contracts by enhancing Bitcoinâs âUTXOâ accounting method for keeping track of a userâs assets and transactions on a blockchain. Read Full on CryptoNinjas.
Aave, Bancor and Synthetix To Launch on Coinbase Pro
Coinbase will begin accepting transfers of AAVE, BNT and SNX to Coinbase exchange. Trading will begin immediately if liquidity conditions are met. Once sufficient supply of AAVE, BNT and SNX is established on the platform, trading on different pairs like AAVE-USD, AAVE-BTC, AAVE-EUR, AAVE-GBP, BNT-USD, BNT-BTC, BNT-EUR, BNT-GBP and SNX-USD, SNX-BTC, SNX-EUR, SNX-GBP SNX-GBP will launch in three phases of post-only, limit-only and full trading order types. Read Full on coinbase.
Italian Private Bank, Banca Generali To Introduce Crypto Services In 2021
Italian private bank, Banca Generali, Partners with Conio-Fintech company- to introduce cryptocurrency services in 2021. A spokesperson for Banca Generali said that the bank does not plan to launch a cryptocurrency exchange in the near future, but will provide wallet services with Conio. Banca Generali will also get a share (currently took a share in $14 million) in Conio to support the companyâs growth and distribution of digital services to client. Read Full on cointelegraph.
Satoshipay Becomes The First To Use Euro-Backed Stablecoins
SatoshiPay clinches a deal with German bank Bankhaus von der Heydt to become the first user of euro-backed stablecoin (EURB). SatoshiPay investor Blue Star Capital, plans to integrate regulatory complaint EURB into its cross border money transfer service called DTransfer. Bitbond had a significant role in the development and integration of EURB, while Bankhaus von der Heydt provides its banking and regulatory services. Read Full on CoinDesk.
Bitcoin And Crypto Market Keeps Fingers Crossed Awaiting Government Stimulus
Bitcoin's price, influenced by the government stimulus measures throughout 2020, hit close to $20,000 price. Traders and investors are closely watching for new moves from the U.S. Federal Reserves, keeping their fingers crossed. Artur Schaback, the co-founder of Paxful said he expects Bitcoin to waver close to $19000. Bitcoin will be a safe-haven asset due to the government stimulus money flooding the system. 2021 looks positive for Bitcoin as the trends favor Bitcoin as Digital gold. Read Full on Forbes.
Breaking: Bitcoin Hits New All Time High Value Of $20,000
Following upsurge momentum along with the rest of the cryptocurrencies in the market, The price of Bitcoin has shot up 5.11% in last in last 24 hours to mark its new all time high value of $20,000 a figure everyone was eager to witness since December 2017. Bitcoin's price has continued to surge over the last few months, rising up from $10,000 in early September to its current value. Bitcoin is now up +181% since the begining of this year. Read Full on coinmarketcap.