Crypto News Cast 📮 30-12-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $741 B
📊24h Mcap %: 33.80%
⚠️Bitcoin Dom: 70.10%
📌Active Coins: 5052
📍24h Vol %: 18.30%
💲24h Vol: $205 B

Crypto News Updates :

• Counter-Strike Players Now Earn Bitcoin Through Lightning Network Application
• Whales Are Buying More Bitcoin Since Christmas
• National Football League Player Russell Okung Receives Payment In Bitcoin
• Simplex Partners With Visa To Issue Crypto Debit Cards To Users
• New York Financial Regulator Authorizes First Yen Stablecoin Operator, GMO
• Bitcoin To Beat Warren Buffet’s Berkshire Hathaway Market Cap Soon
• Grayscale Investments Now Has $19B In Assets Under Management

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Counter-Strike Players Now Earn Bitcoin Through Lightning Network Application

Game developer ZEBEDEE designed an application to earn BTC through the lightning network while playing Counter-Strike. The application was integrated using Steam, the largest online gaming platform. The servers run through Infuse and allows payment in BTC using the lightning network. The application is currently in the test phase on private servers and will launch on public servers in the first quarter of 2021. Read Full on Crypto Briefing.

Whales Are Buying More Bitcoin Since Christmas

High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show. Bitcoin (BTC) investors with Bitcoin addresses of 1,000 or more $BTC (worth $647.7 million at $27,000) moved BTC from smaller addresses to large addresses in the last 48 hours. Also, on-chain data show that fewer whales are selling on exchanges and bull-run will continue as institutional investors keep buying and Exchange Whale Ratio keeps below 85%. Read Full on cointelegraph.

National Football League Player Russell Okung Receives Payment In Bitcoin

Russell Okung, U.S National Football League player got paid in Bitcoin as he had wanted several months ago. Okung becomes the first player from a major U.S. sports league to receive payment in Bitcoin. He received the payment through Zap’s product Strike. Zap is the Bitcoin start-up founded by Jack Mallers and Strike enables conversion of paychecks to Bitcoin. Okung’s annual salary of $13 million is split into 50/50 ratio of fiat and Bitcoin. Read Full on CoinDesk.

Simplex Partners With Visa To Issue Crypto Debit Cards To Users

Simplex partners with Visa to enable over 200 client firms to issue crypto debit cards to users. This would enable mainstream adoption of cryptocurrency for daily retail transactions. Simplex, a fiat-to-crypto on-ramp service creates the convenience of spending Crypto like fiat. Nimrod Lehavi, Simplex founder and CEO, said the partnership is a major move towards enabling retail access to cryptocurrencies. Read Full on cointelegraph.

New York Financial Regulator Authorizes First Yen Stablecoin Operator, GMO

New York Department of Financial Services – financial regulator in the United States - has authorized Japanese firm GMO charter to handle U.S.-dollar and yen-backed stablecoins in New York, and also offer it to the public as was said in a recent announcement. GMO president and CEO Ken Nakamura said that the authorization is a breaking ground move to issue Japanese Yen-pegged stablecoin which will eventually serve as a safe haven. Read Full on cointelegraph.

Bitcoin To Beat Warren Buffet’s Berkshire Hathaway Market Cap Soon

Warren Buffett, lead of Berkshire Hathaway once labelled bitcoin a rat poison, predicting a bad ending for Cryptocurrency generally. However, the rise of Bitcoin’s market Capitalization to $500-billion has put Bitcoin ahead of some companies like JP Morgan Chase, MasterCard, NASDAQ, Visa; making it the 11th-most valuable asset based on Market cap. Berkshire ranks 10th with a market cap of $535.7 billion and Bitcoin’s price need to hit $28,827 to beat it’s value. Read Full on Yahoo Finance.

Grayscale Investments Now Has $19B In Assets Under Management

Grayscale Investments hit another milestone of $19 billion in assets under management (AUM) on Dec. 28, from $16.4 billion which was announced last week. Grayscale’s largest holdings remain majorly in bitcoin as seen in recent tweet with the Grayscale Bitcoin Trust now having $16.3 billion. The Ethereum Trust now has $2.1 billion in ether AUM, Ethereum classic has $72.9 million, and other less significant holdings including XLM and zcash. Read Full on twitter.