Crypto News Cast đŽ 26-12-2020
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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Crypto News Updates :
- XRP Recovers 50% In Few Hours As SEC Appoints Pro-Crypto Chairman
- Miami Mayor Suarez Calls Bitcoin A Stable Investment In Unstable Year
- Mars Economy May Run on Cryptocurrecy, Elon Musk Says "Yes" to Marscoin
- Blockchain At Berkeley Becomes The Tenth Largest Uniswap Delegate
- Bitcoin Price Hits All-Time High Of More Than $25,000
- Novagratz Hoping For An Open Minded Crypto Regulations From Biden Administration
- Turkey To Pilot CBDC In Second Half Of 2021
- Japan Gets Ready To Launch Its Own Digital Currency By 2023
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XRP Recovers 50% In Few Hours As SEC Appoints Pro-Crypto Chairman
XRP, the fourth-biggest cryptocurrency, experiences 50% relief after recent price plunge due to pressure from United States Securities and Exchange Commission. The 50% profit relief could be as a result of the newly appointed Pro-Crypto SEC chairman, Elad Roisman. Ripple faced charges of violating federal security laws by selling XRP which is a security token and this could make it untradeable as some exchanges already pulled the plug. Read Full on U.Today
Miami Mayor Suarez Calls Bitcoin A Stable Investment In Unstable Year
Mayor of Miami, Francis Suarez is the recent supporter of Bitcoin, showing that mainstream adoption is increasing. Suarez called Bitcoin a âstable investmentâ during an âincredibly unstable year,â in a recent tweet. He said that his mentors are Tyler Winklevoss and Anthony Pompliano. In a response to the tweet, Tyler said him and his twin will give the mayor a signed copy of their book âBitcoin Billionairesâ and Pompliano pointed Miami out as a future Bitcoin city. Read Full on cointelegraph.
Mars Economy May Run on Cryptocurrecy, Elon Musk Says "Yes" to Marscoin
Lex Fridman, AI researcher and prominent podcaster, said in his recent tweet that he is sure crypto will power planet Mars economy in the future tweet. Elon Musk expects that more than one million people could be settled on Mars by 2050 and they will probably not touch fiat. Hence, using Cryptocurrency would be the most probable option. Elon Musk mentioned in a tweet about the possibility of Marscoin. Read Full on U.Today
Blockchain At Berkeley Becomes The Tenth Largest Uniswap Delegate
Blockchain at Berkley, a student-run blockchain organization which they also tagged âHub for blockchain innovationâ has become the tenth-largest delegate for the Uniswap exchange. This outlines the diverse groups involved with Uniswap. The student group has accumulated 2.5 million votes thatâs a vote weight of 2.336%, with other three other organizations, based on Sybil, an Ethereum governance tool. Blockchain at Berkeley partners with Ethereum, Universal Protocol and Hyperledger. Read Full on cointelegraph.
Bitcoin Price Hits All-Time High Of More Than $25,000
The price of bitcoin (BTC) hits all-time high of more than $25,000 for a mere week after breaking $24,000 for the first time. Bitcoin's strong rally in the recent past was fueled by massive demand from globally renowned investors and institutions, who put their weight behind this highly volatile digital currency amid unprecedented economic and geopolitical uncertainty caused by the COVID-19 pandemic. Bitcoin is trading at just below $25,000 at the time of writing. Year-to-date of Bitcoin is up more than 240%. Read Full on CoinMarketCap.
Novagratz Hoping For An Open Minded Crypto Regulations From Biden Administration
Galaxy Digital CEO Mike Novogratz opined that the United States needs clear and open-minded cryptocurrency regulations from the incoming Biden administration. He also said that Bitcoin has resisted every anti-crypto punch thrown at it and more clarity is needed in Crypto regulations especially from the coming administration. Itâs been a rocky period for the crypto industry with blows from the Treasuryâs Financial Crimes Enforcement Network and Securities and Exchange Commission. Read Full on CNBC.
Turkey To Pilot CBDC In Second Half Of 2021
Turkey will start piloting its digital currency in the second half of 2021, Naci AÄbal, the countryâs chief central banker told members of parliament. AÄbalâs comments places Turkey on the track of launching their own Central Bank Digital Currency (CBDC). The details of the launch of the digital currency is yet unclear. However, Turkey is working towards taking over many CBDC projects, just like other Countries like China, The Bahamas, Sweden etc. Read Full on coindesk.
Japan Gets Ready To Launch Its Own Digital Currency By 2023
Japan is preparing to launch a digital currency in both the public and private sectors as it follows Chinaâs footsteps, who is in the testing phase of launching their own. Japanâs Digital Currency Forum aims to create a digital currency that is similar to Facebookâs by 2023 hence the need to conduct a feasibility study by 2021. Hiromi Yamaoka, former Bank of Japan executive said that China has set the trail ablaze towards digital currency globally. Read Full on CoinDesk.