Crypto News Cast 📮 27-04-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2084 B
📊24h Mcap %: 81.00%
⚠️Bitcoin Dom: 49.40%
📌Active Coins: 6285
📍24h Vol %: -7.50%
💲24h Vol: $154 B
Crypto News Updates :
- New All-Time Highs Recorded In CME Ethereum Futures Volume And Open Interest
- Stock Portfolio Launched By eToro For Companies Building Bitcoin Value Chain
- JP Morgan Set To Launch Its First Bitcoin Fund This Summer
- NFL Player For Kansas City Chief To Convert All Salary To Bitcoin
- A Cross blockchain Bridge Connects Ethereum And Tezos
- Popular Chinese Online Retail JD.com Pays Salaries In Digital Yuan
- University of Zurich Adds Cardano to Their 2021 Blockchain Curriculum
- Cardano Is 1.6 Million Times More Energy Efficient Than Bitcoin, Hoskinson Explains
- Major Chinese Banks Promote Digital Yuan Over Alipay, WeChat Pay
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New All-Time Highs Recorded In CME Ethereum Futures Volume And Open Interest
CME Ethereum futures volume has hit an all-time high of 5,469 contracts equalling 273.5k ETH while the open interest has 2,462 contracts, equivalent of 123.1k ETH. This means a bullish market for ETH. This two new height records a massive move for Ethereum futures trading. ETH grows by a factor of 13.14x in one year and this shows a sign of high demand from institutional investors. Read Full on Ethereum World News.
Stock Portfolio Launched By eToro For Companies Building Bitcoin Value Chain
Companies that are “building the value chain” around Bitcoin are now offered exposure through the newly launched stock portfolio by eToro, this includes PayPal, Nvidia, Canaan, and Coinbase. Investment with zero management fees in BitcoinWorldWide starts from a price of $1,000. The sole aim is to provide retail investors an access to companies that deliver a service or product neccesary for increase in adoption of Bitcoin. Read Full on Decrypt.
JP Morgan Set To Launch Its First Bitcoin Fund This Summer
Major Banking giant, JP Morgan Chase, gets ready to launch its first Bitcoin fund for wealthy clients this summer. JP Morgan’s lead executive is Bitcoin critic Jamie Morgan. The institutional NYDIG platform is chosen as the custody provider for the BTC fund. This makes JP Morgan the largest U.S.-based bank to ever work with Bitcoin as an official asset in history. Read Full on U.Today
NFL Player For Kansas City Chief To Convert All Salary To Bitcoin
NFL player for Kansas City Chiefs, Sean Culkin, plans to convert all of his salary to bitcoin. In Culkin’s words said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely speculative, to a legitimate asset class viewed as a store of value.” Culkin is a major supporter of Crypto and his base salary is $920,000 which he plans to convert to Bitcoin. Read Full on Bitcoin News.
A Cross blockchain Bridge Connects Ethereum And Tezos
After the launch of Wrap protocol, Ethereum-based ERC-20 and ERC-721 tokens became compatible with Tezos. This means that Ether holders can interact with the Tezos ecosystem without technical difficulties or price differences, also with a reduced fees. Transactions around over $1 million can be made between $0.01 and $0.15 fee. Tezos CEO, Renaudin says they are building a self-driving bank for a transparent financial system. Read Full on cointelegraph.
Popular Chinese Online Retail JD.com Pays Salaries In Digital Yuan
JD.com had adopted the use of China’s Digital Currency Electronic Payment (DCEP) system to pay employees’ salaries. The online retail has also used DCEP in business-to-business payments to partner firms and cross-bank settlements. On the first week of use, it recorded almost 20,000 DCEP-funded orders. JD has continued to show its support for digital yuan as seen when it adopted it as payment method on its website. Read Full on cointelegraph.
University of Zurich Adds Cardano to Their 2021 Blockchain Curriculum
The University of Zurich adds Cardano to their “Deep Dive into Blockchain 2021” curriculum for the Students studying UZH Blockchain Center modules. In general, the course will teach students about different sides of blockchain technology from different guest lecturers. Guest lecturers for the course includes members of the Tezos Foundation and IOST and also the CEO of Cardano. The Blockchain is positioned as ‘‘platform for changemakers, Read Full on CryptoPotato.
Cardano Is 1.6 Million Times More Energy Efficient Than Bitcoin, Hoskinson Explains
The IOHK CEO, Charles Hoskinson has hinted that bitcoin's energy consumption is less efficient to be compared to Cardano's and advices Bitcoin to follow Ethereum's lead by leaving proof of work (PoW) and adopt green energy, in order to remain the dominant cryptocurrency. Cardano have seen over 10,000 native tokens after it's rollout of Mary hard fork in March and also expects to bring in millions of users through same project. Read Full on U.Today
Major Chinese Banks Promote Digital Yuan Over Alipay, WeChat Pay
Six Major Chinese state banks are seriously promoting the digital yuan in Shanghai as a much higher means of payment to both Alipay and WeChat Pay, China’s major payment providers, as the online shopping festival on May 5 approaches. The banks are encouraging retail outlets and customers to download the digital wallet and buy products using the CBDC, or e-CNY as a more convenient payment option over Alipay and WeChat Pay. Read Full on cointelegraph.