Crypto News Cast 📮 05-11-2020

News Source

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $430 B
📊24h Mcap %: 30.69%
⚠️Bitcoin Dom: 65.40%
📌Active Coins: 4,531
📍24h Vol %: 35.58%
💲24h Vol: $124 B

Crypto News Updates :

• Bitcoin On The Move Hits New 2020 High
• AP News Agency Publishes US Presidential Election Results On Blockchain
• Ethereum 2.0 Is Set To Be Launched On December 1
• Bitcoin Sets A Record For Staying Above $10,000 For 100 Days
• Bitcoiner Cynthia Lummis Will Serve As Wyoming's New Senator
• Bitcoin Addresses Holding At Least 1 Bitcoin Hits New Record
• Russian Energy Giant En+ Sets Up Bitcoin Mining Farm
• Large Open Interest Holders Of CME Bitcoin Futures Hit An All-Time High
• Bitcoin's Massive Bull Run Takes Bitcoin Above $15,000
• Nearly $1B in Bitcoin Linked To Silk Road Are On The Move
• Binance Launches BNB Vault To Allow User Gain Interest On BNB Holdings

Register at the best leverage exchanges

• ByBit: https://bit.ly/36JuDQZ
• BitMEX: https://bit.ly/2M74PX9
• Binance: https://bit.ly/34urfrJ
• Gemini: https://bit.ly/2IiqQDp
• FTXexchange: https://bit.ly/2SGhEL5
• Bittrex: https://bittrex.com/Account/Register?referralCode=FIV-UX0-TAQ
• BraveBrowser: https://brave.com/nnr477

Advertise Your Products and Get Leads To Your Business Hashing Ad Space

• Register link: http://bit.ly/2YlhQRh

Buy Products and Gift Cards With Bitcoin and Cryptocurrencies: http://bit.ly/2sFJvSf

Bitcoin On The Move Hits New 2020 Highs

The price of world's oldest and most valuable cryptocurrency shot above $14,200 for the first time in 2020, bringing the bitcoin to a new high for the year as uncertainty remains in the U.S. presidential election. Market data from TradingView indicates that major markets reached highs in the $14,260-$14,270 range. Coinbase, for example, saw a spike to $14,273.60 — at time of writing, BTC is trading hands on the U.S.-based exchange at around $14,170. All told, bitcoin's price is up about 3% on the day. Read Full on theblockcrypto.

AP News Agency Publishes US Presidential Election Results On Blockchain

The Associated Press news agency has been publishing incoming results from the Nov. 3 U.S. presidential election onto blockchain. As noted on the developer webpage detailing how to access its AP Elections API, results are being immutably written to blockchain by Everipedia’s OraQle software. While the results are naturally also being published on the AP website, using the blockchain-based Everipedia provides an unhackable and permanent record of the calls for each state as they come in. AP has also released the Ethereum smart contract address, allowing readers to use block explorers such as Etherscan to follow results as they come in. Read Full on cointelegraph.

Ethereum 2.0 Is Set To Be Launched On December 1

Ethereum 2.0 Phase 0 has now been formalized for launch at some time around Dec. 1. The deposit contract is live and can collect the necessary funds to trigger staking. Prospective stakers will now be able to deposit their 32 Ether (ETH) deposits to the contract via the dedicated launchpad and get ready for the launch. The contract must collect 16384 deposits of 32 ETH each, a total of 524,288 ETH or about $200 million, to proceed with the launch. The required sum must be collected at least seven days before the expected launch date of Dec. 1. If it is not, the launch is delayed to seven days after the threshold is reached. Read Full on cointelegraph.

Bitcoin Sets A Record For Staying Above $10,000 For 100 Days

Bitcoin has recently achieved the record of staying above $10,000 for 100 days. Bitcoin first broke above the $10,000 level on July 26. Since then, it has been holding above that mark and rising. Interest from financial institutions has been on the rise lately and is believed to be the major catalyst of the Bitcoin growth, as well as its record of holding above the $10,000 level for over three months. Twice recently, since early 2018, Bitcoin has broken above the $14,000 resistance. This occurred on Oct. 31 and Nov. 3: on Halloween and on the 12th anniversary of the Bitcoin white paper release. Read Full on U.Today

Bitcoiner Cynthia Lummis Will Serve As Wyoming's New Senator

Cynthia Lummis, who believes BTC’s limited supply makes it an attractive store of value, will be Wyoming’s new Senator. Republican candidate Cynthia Lummis, endorsed by President Donald Trump, has won the US Senate race in Wyoming. She will become the first woman to serve as US Senator in Wyoming’s history and one of the first Bitcoin proponents in Senate as she purchased BTC back in 2013. During the third annual Wyoming Blockchain Stampede She outlined Bitcoin’s limited supply as its most distinguished merit. “Knowing that there are only going to be 21 million bitcoins makes it an attractive store of value”. Read Full on Decrypt.

Bitcoin Addresses Holding At Least 1 Bitcoin Hits New Record

The number of Bitcoin addresses holding at least one Bitcoin has reached an all-time high, according to data from metrics and analytics site Glassnode. As of today, there are 824,193 Bitcoin addresses holding at least one Bitcoin, the equivalent to $14,096. This surpasses the previous all-time high of 824,160, observed on September 17. The number of addresses holding at least one Bitcoin has been steadily climbing ever since Bitcoin’s inception in 2008. Read Full on Decrypt

Russian Energy Giant En+ Sets Up Bitcoin Mining Farm

En+, one of the largest aluminium and power producers in the world, is venturing into crypto mining. En+ decided to enter the crypto space after some experimentation in the field, the firm’s chief financial officer, Mikhail Khardikov, told. Three years ago the company got mining firm BitRiver as a client, selling power to its farm in Bratsk. BitRiver owns the largest mining venue in Russia, hosting about 100 megawatt worth of clients’ ASICs on a farm near the Bratsk hydropower plant in Siberia. Read Full on CoinDesk.

Large Open Interest Holders Of CME Bitcoin Futures Hit An All-Time High

As voters across the U.S. cast their ballots for their future president, CME Group's bitcoin futures market revved up, according to data shared with The Block. The market, which launched in 2017, saw overnight trading in the contract hit 6,700 (the equivalent of 33,500 bitcoin in value) 75% higher relative to the average figure for the year. Ahead of the election, the number of large reportable open interest holders institutional investors who hold an open position of at least five contracts increased to 102, a 20% increase over October. Read Full on The Block.

Bitcoin's Massive Bull Run Takes Bitcoin Above $15,000

The price of world's number one cryptocurrency Bitcoin has reached the $15,000 mark, a figure not seen since January 2018—shortly after Bitcoin's epic 2017 bull run. It has been a strong few weeks for Bitcoin's price. On September 8, Bitcoin was sitting around the $10,000 mark. Since then the coin has rocketed upwards, smashing through multiple significant price targets and now reaching the $15,000 figure—up 50%. It has been a good year so far for Bitcoin's price. Since starting the year at $7,200, the cryptocurrency is now up 108%. Read Full on Decrypt.

Nearly $1B in Bitcoin Linked To Silk Road Are On The Move

A wallet possibly belonging to early darknet market Silk Road moved almost $1 billion-worth of bitcoin early on Wednesday, according to blockchain intelligence firm Elliptic. Bitcoin address "1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx" transferred 69,369 BTC to an unknown wallet. These funds likely originated from the Silk Road," Tom Robinson, co-founder of Elliptic noted in a LinkedIn post, adding that the coins may have been moved by imprisoned Silk Road operator Ross Ulbricht or a Silk Road vendor. Read Full on CoinDesk.

Binance Launches BNB Vault To Allow User Gain Interest On BNB Holdings

Binance crypto exchange has expanded the Binance Earn product suite with a new feature called ‘BNB Vault.’ According to the announcement, BNB Vault will combine several Binance products to offer an annual yield of between 5%-10%. Basically, Binance users will leverage the earning potential in DeFi staking, Launchpool projects, and savings amongst other financial products within one click. This new feature by Binance will allow BNB users to stake their tokens seamlessly and, in exchange, earn an interest, which will be calculated and paid out daily. Read Full on BitcoinExchangeGuide.