Crypto News Cast 📮 28-12-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $733 B
📊24h Mcap %: 3.26%
⚠️Bitcoin Dom: 69.00%
📌Active Coins: 5033
📍24h Vol %: 0.49%
💲24h Vol: $245 B

Crypto News Updates :

• Bitcoin Market Cap Now More Than Half A Trillion Dollars
• Edward Snowden Claims Rise of Digital Currency Is Inevitable
• Ethereum Has Surged Above The $700 Level Not Seen Since 2018
• Bitcoin Critic Mark Cuban Praises Bitcoin’s Money Policy
• TRON (TRX) Launches Its First NFT TRC-721 Standard Protocol
• Corporations Around The Globe Now Own $30 Billion in Bitcoin
• Ethereum (ETH) Futures Open Interest Hits New ATH of $2.21 Billion

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Bitcoin Market Cap Now More Than Half A Trillion Dollars

The market capitalization of Bitcoin has surpassed half a trillion dollars for the first time ever. Bitcoin market capitalization is now bigger than big companies, banks such as Visa, MasterCard, PayPal, Bank of America, Disney, Netflix. Bitcoin price break all-time high above $28,000. The new record-highs for Bitcoin come less than three days after breaking resistance at $24,000. This also means that Bitcoin price has now doubled over the past two months after gaining nearly $10,000 in the month of December alone. Read Full on Decrypt.

Edward Snowden Claims Rise of Digital Currency Is Inevitable

Former Central Intelligence Agency employee and famed whistleblower Edward Snowden says digital currencies are here to stay, but that central bank digital currencies (CBDCs) offer almost zero advantages over traditional fiat money. He said crypto is inevitable as states believes that digital currencies will be the next stage of money. Snowden further admits that, he uses the Bitcoin and still prefers it over traditional credit cards. Read Full on The Daily Hodl.

Ethereum Has Surged Above The $700 Level Not Seen Since 2018

Ethereum, the second-largest cryptocurrency by market capitalization, surpassed the $700 level for the first time since May 2018, according to data from metrics site CoinMarketCap. Ethereum's market cap is now over $80 billion. Ethereum boomed this past summer when decentralized finance protocols—mostly Ethereum-based non-custodial exchanges, lending protocols and synthetic assets—took off. Read Full on CoinMarketCap.

Bitcoin Critic Mark Cuban Praises Bitcoin’s Money Policy

Billionaire investor and former Bitcoin Critic, Mark Cuban, owner of Mavericks, seem to have become a full-time Bitcoin believer. In recent tweet, He said that fans buying Mavericks gear would receive a 25% discount when they buy with Bitcoin. In another recent Tweet, Cuban praised Bitcoin’s monetary policy, saying that public companies should learn lessons from Bitcoin. In another tweet, he vehemently defended Bitcoin when Elon Musk related it to fiat. Read Full on cointelegraph.

TRON (TRX) Launches Its First NFT TRC-721 Standard Protocol

The Tron Foundation announced the launch of its own Non Fungible Token (NFT) standard protocol (TRC-721) standard that is specific for NFTs) on the Tron (TRX) network. The official announcement, promises myriads of opportunities to artists, collectors, investors, developers on the Tron network. They will have a chance at utilizing the Tron Network’s efficient speed and lower transaction cost to grow the NFT industry. Read Full on Ethereum World News.

Corporations Around The Globe Now Own $30 Billion in Bitcoin

A select few companies around the globe now hold a total of 1.15 million Bitcoin in their treasuries, that’s over $30 billion-worth of the cryptocurrency. The figures, released by Bitcoin Treasuries, shows that 29 companies own 5.48% of Bitcoin's total supply in their treasuries. Of all the companies listed, US business intelligence firm MicroStrategy owns the most with over 70,000 BTCs. Other public companies with serious Bitcoin holdings include investment firm Galaxy Digital, payments company Square and mining company, Hut 8. Read Full on Decrypt.

Ethereum (ETH) Futures Open Interest Hits New ATH of $2.21 Billion

Data from Bybt.com as seen in a recent tweet shows that the open interest on Ethereum (ETH) futures reached a new all-time high of $2.21 Billion. ETH value surged past $700 price with an attempt to break the $750 resistance level as identified by crypto analyst MagicPoopCannon. The CME Group will launch Ethereum futures on February 8th, 2021 which could also be another factor behind ETH’s bullish move. Read Full on twitter.