Crypto News Cast 📮 19-12-2020

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24hours Cryptocurrency Market Cap:

📈MarketCap: $675 B
📊24h Mcap %: 26.70%
⚠️Bitcoin Dom: 65.90%
📌Active Coins: 4,970
📍24h Vol %: -48.90%
💲24h Vol: $157 B

Crypto News Updates :

• Ethereum 2.0 Becomes The 4th-Largest Proof-of-stake Network In Six Weeks
• Grayscale Bullish On Bitcoin As It Witnesses Six Times inflow of Investors
• Venezuelans Cast Their Votes Using A Blockchain System
• Barcelona’s Pique Invests $4.3 Million In Fan Token Platform Sorare
• 10% Of Bitcoin Mined By Satoshi Hasn’t Moved In Ten Years
• Scottish University Leverages Blockchain Startup to Track Fake Whiskies
• Rapper Lil Pump To Launch “PumpCoin” In Early 2021

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Ethereum 2.0 Becomes The 4th-Largest Proof-of-stake Network In Six Weeks

Ethereum 2.0 has becomes the fourth-largest proof-of-stake network by total value locked in staking in six weeks since the Eth2 deposit contract going live. Even though withdrawal is disabled with no specific launch date in sight, almost $1 billion worth of Ethereum has been staked. According to Staking Rewards, more than 1.5 million Ether has been deposited for staking. Ether staking rewards are currently calculated at approximately 13.20%. Read Full on cointelegraph.

Grayscale Bullish On Bitcoin As It Witnesses Six Times inflow of Investors

Grayscale witnesses six times the inflow from the largest institutional investors in the world compared to last year, according to Grayscale CEO. He said that these investors made bigger allocations for both medium and long term with a six-month lock-up period which is bullish for Bitcoin as Grayscale holds close to 570,000 Bitcoin, about 3% of cryptocurrency’s total circulating supply. Grayscale’s Bitcoin Trust (GBTC) has grown by $5 billion since November. Read Full on cryptobriefing.

Venezuelans Cast Their Votes Using A Blockchain System

Over 6.5 million Venezuelans voted Juan Guiado, the opposition leader of Nicolas Maduro in Venezuela, using a pro-democracy blockchain system called Voatz. Voatz is integrated into the Telegram messaging app. Juan Guiado held this ‘unofficial’ referendum to decide on whether Maduro should resign from his position or remain in power. Venezuelans casted their votes securely and transparently within 4 days. Read Full on BeInCrypto.

Barcelona’s Pique Invests $4.3 Million In Fan Token Platform Sorare

Barcelona defender Gerard Piqué invests $4.3 million in Sorare, an Ethereum-based non-fungible token platform for digital soccer collectibles. Piqué will also join the Sorare as a strategic adviser. Sorare CEO Nicolas Julia is confident that Gerard will help them get the best deals with the biggest sports organization in the world. Piqué said he sees a huge potential in the sports gaming part of the digital economy where the interest of the audience is an important currency. Read Full on CoinDesk.

10% Of Bitcoin Mined By Satoshi Hasn’t Moved In Ten Years

According to Glassnode, about 10 percent of Bitcoin mined by Satoshi Nakomoto hasn’t been moved in 10 or more years. Data from Glassnode shows that 1,857,721 Bitcoin has remained unmoved for over 10 years as of December 17. Since the pseudonymous Satoshi Nakomoto remains anonymous, the fate of these coins is uncertain at best. Roughly 20% of all currently mined BTC—is most likely gone and can never be retrieved due to a number of factors. Read Full on Decrypt.

Scottish University Leverages Blockchain Startup to Track Fake Whiskies

Scottish Universities Environmental Research Centre (SUERC) at the University of Glasgow is leveraging blockchain provenance startup, e to deal with fraud in the Scottish whisky industry. SUERC believes that about 40% of vintage whiskies circulating in Scotland could be fake. SUERC will validate whisky provenance by producers, retailers, auction houses and collectors by using Everledger's anti-tamper bottle tags and blockchain platform to track rare whiskies. Read Full on CoinDesk.

Rapper Lil Pump To Launch “PumpCoin” In Early 2021

Rapper Lil Pump, will Launch his own cryptocurrency called PumpCoin in early 2021 in collaboration with Fyooz, a company that securities celebrity status, especially coins from popular creators and influencers. PumpCoin will link you directly with the rapper, let you pay him to send you personalized videos and other cooler unspecified functions. Due to SEC regulations PumpCoins will only be available outside of the United States. Read Full on Decrypt.