Crypto News Cast For December 22nd 2020 ?

in news ā€¢Ā  4 years agoĀ 

Crypto News Cast For December 22nd 2020

Crypto News Cast šŸ“® 22-12-2020

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

24hours Cryptocurrency Market Cap:

šŸ“ˆMarketCap: $660 B
šŸ“Š24h Mcap %: 10.67%
āš ļøBitcoin Dom: 66.50%
šŸ“ŒActive Coins: 4,990
šŸ“24h Vol %: 2.00%
šŸ’²24h Vol: $182 B

Crypto News Updates :

  • CME Groupā€™s Bitcoin Futures Hit A New High Of $1.47 Billion
  • Puerto Rican Bank To Launch Custody Service For Cryptocurrencies
  • VTB, Russiaā€™s Second Largest Bank Launches Guarantees On Blockchain
  • Injective Decentralized Exchange Launches Stock Trading For Facebook, - Amazon, Netflix and Google
  • MicroStrategy Purchases Extra 29,646 Bitcoin Worth $650 Million From Debt Issuance
  • Hedge Fund Manager Skybridge Launches Bitcoin Fund To Accredited Investors
  • Venezuelan Government Pays For Imports From Allied Countries With Bitcoin
  • Tezos To Launch NFT Platform Called Kalamint Next Month
  • Mike Novogratz Points Out Pandemic Accelerated Crypto Revolution

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CME Groupā€™s Bitcoin Futures Hit A New High Of $1.47 Billion

According to The Blockā€™s data dashboard, CME Groupā€™s bitcoin futures soar as the Open interest in the futures product hit a new record high of $1.47 billion, thatā€™s 42% increase in a week. This surge in price shows that more investors and money are flowing into the market. The total aggregate open interest in the bitcoin futures market currently stands at $8.78 billion, according to The Block's data dashboard. Read Full on The Block.

Puerto Rican Bank To Launch Custody Service For Cryptocurrencies

A Puerto Rico-based Fintech Ventures Bank received permission from the Puerto Rico Office of the Commissioner of Financial Institutions to launche a custody service for digital assets (BTC, ETH, EOS, XRP and other ERC 20 tokens), offering clients the chance to securely store and exchange major cryptocurrencies to fiat from early 2021. This announcement follows others banksā€™ to provide digital asset services. Read Full on CoinDesk.

VTB, Russiaā€™s Second Largest Bank Launches Guarantees On Blockchain

According to a recent official announcement, VTB (second largest bank in Russia) pilots a blockchain-enabled bank guarantee for the payment of $5 million worth of obligations to the Russia's largest mobile cellular network provider, MTS. Vadim Kulik, chairman of VTB management board, said that the new integration will allow faster and valid issuance of guarantees which will reduce paperwork. Read Full on cointelegraph.

Injective Decentralized Exchange Launches Stock Trading For Facebook, Amazon, Netflix and Google

Terra and Band Protocol partners with Injective, a Binance-backed Layer 2 Decentralized exchange to add decentralized stock trading for Big Tech companies - Facebook, Amazon, Netflix and Google (popularly known as FANG). They will be the first equities to be traded with USDT pair and zero gas fees. Terra is offering stock tokenization and Band is providing price data through their oracle technology. Read Full on Crypto Briefing.

MicroStrategy Purchases Extra 29,646 Bitcoin Worth $650 Million From Debt Issuance

MicroStrategy, Business intelligence firm bought 29,646 more bitcoin with the $650 million debt issuance at an average price of $21,925 per bitcoin. This makes it a total of 70,470 BTC worth over $1.596 billion in the firms Treasury. Microstrategy CEO, Michael Saylor pushed aside every criticism towards the bold bet move. Saylor said the firm has spent $1.125 Billion year to date on Bitcoin at an average price at $15,964 per bitcoin. Read Full on Twitter.

Hedge Fund Manager Skybridge Launches Bitcoin Fund To Accredited Investors

Hedge fund manager, SkyBridge Capital, recently filed a form D for Skybridge Bitcoin Fund LP with U.S. Securities and Exchange Commission, thatā€™s its first Bitcoin fund. Itā€™s a private securities offering to accredited investors buying at least $50,000. This reveals that SkyBridge has a newfound interest in chasing the oldest cryptocurrency more directly. Anthony Scaramucci, SkyBridge founder has exchanged conversations around Bitcoin. Read Full on CoinDesk.

Venezuelan Government Pays For Imports From Allied Countries With Bitcoin

Venezuela has been using bitcoin to pay for imports from companies in allied countries like Iran and Turkey. The Venezuelan government is planning to increase usage of bitcoin since the Venezuelan army is actively mining bitcoin to manage the impact of U.S sanctions on the economy. President Maduro of Venezuelan said that a section of their law allows the use of Cryptocurrencies around the world. Read Full on Bitcoin News.

Tezos To Launch NFT Platform Called Kalamint Next Month

Tezos announces the launch of its first Non Fungible Token (NFT) platform called Kalamint on chain. The Kalamint Platform will launch next month and just like every other NFTs, it will allow users to create their own tokens, buy and sell them. NFTs are unique cryptographic assets that cannot be exchanged for others. The Beta version of Kalamint has been released to the users for testing and feedback. Read Full on BeInCrypto.

Mike Novogratz Points Out Pandemic Accelerated Crypto Revolution

Mike Novogratz pointed how the coronavirus pandemic was instrumental to the cryptocurrency revolution. In many ways the pandemic turned out to be a blessing in disguise. He pointed out two pandemic-related trends that caused a surge in the value of. Cryptocurrencies. First was the U.S government response to the pandemic and the second is the likelihood of inflation which pushed investors into Bitcoin as a safe haven. Read Full on businessinsider.

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