Crypto News Cast 📮 13-10-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $361 B
📊24h Mcap %: -3.64%
⚠️Bitcoin Dom: 58.40%
📌Active Coins: 4,332
📍24h Vol %: 2.10%
💲24h Vol: $89 B

Crypto News Updates :

• Coinbase Commerce Lets Merchants Directly Convert Crypto To Fiat
• Cruise Ship Accepts Bitcoin For Goods And Services
• Report: Drop In Number Of Bitcoin Whale Suggesting Another Bull Run
• PwC: Blockchain Can Boost Global Economy By $1.7 Trillion
• Kraken: Bitcoin Decoupling From Legacy Markets Indicates Rally Is Certain
• Ethereum 2.0 Almost Here As Final Testnet Zinken Runs Smoothly
• Coinsuper Releases Enterprise-Level Cold and Hot Wallet
• Bitcoin ATM Spotted In Elon Musk's Tesla Gigafactory

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Coinbase Commerce Lets Merchants Directly Convert Crypto To Fiat

Coinbase Commerce, the exchange operator's payment service for merchants, will now let users convert cryptocurrencies to fiat currencies and stablecoin from within the platform. Previously, merchants had to move their crypto payments to Coinbase's exchange platform for conversions. Merchants can directly connect their Coinbase.com accounts with Coinbase Commerce and convert their crypto payments into U.S. dollars (USD), euros (EUR), British pounds (GBP), and USD Coin (USDC) stablecoin. Read Full on The Block

Cruise Ship Accepts Bitcoin For Goods And Services

The Crypto Cruise Ship called Satoshi is gearing up to set sail from the Mediterranean to Panama. The ship has 777 cabins that will be auctioned off as condos. Ship will have three restaurants, a juice bar, two cafes, three bars, two pools, four whirlpools, a water park, and more, Ocean Builders’ website details. Bitcoin will be accepted throughout the ship for all goods and services, alongside U.S. dollars and other forms of payment. Registration has already opened and auctions for the cabins are scheduled to take place between Nov. 5 and Nov. 28. Read Full on Bitcoin News

Report: Drop In Number Of Bitcoin Whale Suggesting Another Bull Run

According to “The Week On-Chain” report from Glassnode the number of Bitcoin entities—clusters of addresses that Glassnode assumes are controlled by the same person or organization—holding more than 1,000 Bitcoin ($11 million) slowed down all throughout September. Looking at data since 2010, Glassnode has identified that the start of a decline in the number of BTC whales has often signified increased interest from retail investors and the beginning of a run a new bull run. Read Full on Decrypt

PwC: Blockchain Can Boost Global Economy By $1.7 Trillion

According to a new report by consulting company PricewaterhouseCoopers (PwC). Blockchain technology stands to boost the global economy by $1.7 trillion in the next decade. According to the report, blockchain will make the biggest impact on Asia’s economy with China, India and Japan driving adoption in the region. China stands to gain the highest potential net benefit at $440 billion, with the U.S. following at $407 billion. Germany, Japan, U.K., India and France are each estimated to benefit by more than $50 billion in the same period. Read Full on CoinDesk

Kraken: Bitcoin Decoupling From Legacy Markets Indicates Rally Is Certain

A report published by major U.S.-based crypto exchange Kraken has identified that the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuing to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative correlation with the U.S. Dollar Index (DXY) since May. The report also notes that the start of the month saw an 8-month low for correlation between BTC and the S&P 500. Kraken anticipates Bitcoin will post a stronger performance in October than in September. Read Full on cointelegraph

Ethereum 2.0 Almost Here As Final Testnet Zinken Runs Smoothly

Migration to Ethereum 2.0 is a step closer as currently running ETH 2.0 testnet called Zinken, which was launched on Monday, Oct. 12, has been ‘performing perfectly’ according to one of the developers. Zinken is a shortened testnet, which is aimed at giving client teams a chance to iron out issues in their release process. Developer Terence Tsao has recently tweeted the performance of the testing he has been running over the past 24 hours on Zinken, adding; “Almost perfect performance on an incentivized testnet that ran by the community.” Read Full on CryptoPotato.

Coinsuper Releases Enterprise-Level Cold and Hot Wallet

To offers the high level safety of investors crypto funds Coinsuper has released Enterprise-Level Cold and Hot Wallet Assets Management Solution that complies with regulator via Financial Institution KYC/AML processes while protecting user Privacy. To ensure bank level security coinsuper uses Safety technical solutions in line with NIST SP800 standards. The private keys are also written into the hardware token when it is generated for the first time, completely offline. To offer high class security it also provides Multiple security verification operations. Read Full on coinsuper

Bitcoin ATM Spotted In Elon Musk's Tesla Gigafactory

According to a Sunday report by Finbold a Bitcoin ATM has been installed at the Tesla Fremont Gigafactory in Nevada. The ATM was first claimed to have been sighted by Twitter user Will Reeves, who posted on Sunday that he had just passed by and saw a bitcoin ATM at Tesla Gigafactory. However, Reeves' sighting was apparently confirmed by bitcoin ATM operator LibertyX which said: We have enabled three traditional ATMs inside so employees can use their debit cards and buy bitcoin. Read Full on Finbold