Crypto News Cast 📮 01-01-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $773 B
📊24h Mcap %: 16.69%
⚠️Bitcoin Dom: 70.40%
📌Active Coins: 5064
📍24h Vol %: -17.00%
💲24h Vol: $164 B

Crypto News Updates :

• VanEck Investment Files With U.S. SEC To Launch Bitcoin Fund
• Fundstrat's Tom Lee Expects Bitcoin to Soar 300 Percent in 2021 as It Hits $29,000
• Polkadot Becomes 6th Largest Cryptocurrency Based On Market Cap
• MicroStrategy's Share Price Almost Tripled Since It Acquired Bitcoin
• Bitcoin Could Hit $1 Million Next Decade – Kraken CEO
• Privacy Crypto Browser Brave Now Supports Apple's M1 Macs
• Whales Accumulating Ethereum, Analytics Reveal Addresses With Over 10,000 ETH
• Total Value Of Crypto Market Hits All-time High Of $775 billion

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VanEck Investment Files With U.S. SEC To Launch Bitcoin Fund

VanEck, an Investment management firm recently submitted a registration form with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund called The VanEck Bitcoin Trust. The fund will issue common shares of beneficial interest to trade on the exchange. The objective of the VanEck Bitcoin Trust investment is to reflect the performance of Bitcoin. Read Full on U.Today

Fundstrat's Tom Lee Expects Bitcoin to Soar 300 Percent in 2021 as It Hits $29,000

Tom Lee of Fundstrat predicts in a recent interview that Bitcoin could Hit three times the current price, up to $90,000 in 2021. Lee also said that the interplay between the Fiat dollar and Bitcoin will play a part in his summation. Also, the millennials see Bitcoin as digital gold with more value than gold. Bitcoin as experience a major uptrend in price throughout 2020 and has literally dwarfed other assets. Read Full on U.Today

Polkadot Becomes 6th Largest Cryptocurrency Based On Market Cap

Polkadot’s DOT is now the sixth-largest cryptocurrency concerning market cap, leaving payment-based cryptocurrency Bitcoin Cash in the dust. Polkadot’s co-founder Gavin Wood announced a roadmap for next year to mark DOT token becoming the sixth-largest cryptocurrency. Gavin indicated that 2021 is vital for the development of the protocol. The Polkadot ecosystem will create an environment where developers can build applications on parachains. The project’s treasury will continue to issue developer grants worth $85 million. Read Full on Crypto Briefing.

MicroStrategy's Share Price Almost Tripled Since It Acquired Bitcoin

MicroStrategy - the first publicly-traded company to acquire Bitcoin - witnessed a major surge of nearly three times in MSTR share price since August 11, when it first acquired Bitcoin. MSTR share price was $134.89 in August, and $389.97 on the last day of 2020, almost triple growth since August. In general, MicroStrategy has invested $1 billion in BTC which is now worth over $2 billion as BTC hit a new all-time high above $29,000. Read Full on U.Today

Bitcoin Could Hit $1 Million Next Decade – Kraken CEO

Jesse Powell, co-founder, and CEO at Kraken Exchange said in a recent interview, that the money printing and institutional interest is pushing Bitcoin forwards. Incoming stimulus coming will go into digital assets. Hence, he advices holding Bitcoin for long term, as BTC could potentially hit $1 million dollars in the next decade. Also, the regulation Coming to the market is not a problem considering the backlash the government will receive if it tries to crush Crypto. Read Full on BitcoinExchangeGuide.

Privacy Crypto Browser Brave Now Supports Apple's M1 Macs

Privacy Crypto browser, Brave has released a new version of its desktop browser, with a new feature; the native support for Apple’s new M1 Mac processor. This recent update puts Brave among other browsers like Chrome and Firefox in supporting Apple’s ARM-based M1 system on a chip. To access the latest update, you would need to download the browser from Brave’s website and select the type of chip that your Mac features. Read Full on Decrypt.

Whales Accumulating Ethereum, Analytics Reveal Addresses With Over 10,000 ETH

Analytics from a recent tweet show that whales accumulating Ethereum are on the rise. There is significant sell pressure at the moment. Currently, the number of Ethereum wallets holding over 10,000 Ethereum has been increasing in the last 60 days especially with the price crossing $750. This is an indication of growing accumulation actions. However, this accumulation has not had any major impacts on its price action. Read Full on Bitcoinist.com.

Total Value Of Crypto Market Hits All-time High Of $775 billion

The total value of the cryptocurrency market combined hit all-time high of $775 billion, mostly impacted by the surge in Bitcoin price. Bitcoin seems to be the captain of the bull run with the price hovering close to $30,000. Bitcoin dominance is about 71.4% with a market cap of $550 billion, ETH’s market cap takes up 11%, and altcoins take remaining 17%. Bitcoin’s price has increased by roughly 300% to $29,100 since January 2020. Read Full on Crypto Briefing.