Crypto News Cast 📮 28-01-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $954 B
📊24h Mcap %: 64.87%
⚠️Bitcoin Dom: 62.50%
📌Active Coins: 5280
📍24h Vol %: 0.68%
💲24h Vol: $142 B

Crypto News Updates :

• ETH Realized Cap Hits New All-Time Highs In January
• Estonia Published Bitcoin WhitePaper On A Government e-Residency Website
• Blackrock CEO Believes Bitcoin Can Be A Store Of Wealth
• Cumulative Monthly Volume On Decentralized Exchanges Explodes To $45.2 billion
• Efptos, Australian Payment Giant Becomes A Council Member And Node Operator
• Rush For GameStop Is A Proof Of Concept That Bitcoin Will work
• Blockstream Purchased $25 Million Worth of WhatsMiner Bitcoin Miners From MicroBT
• Raoul Pal, Former Goldman Exec Predicts Bitcoin To $50,000 In March

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ETH Realized Cap Hits New All-Time Highs In January

Ethereum’s realized capitalization reached about 50% in January, that’s is a new all-time highs above $70 billion, based on data from CoinMetrics. Data also shows that ETH had a 5% increase in the number of ETH addresses holding more than 10,000 ETH, with 1,241 wallets currently holding $13.8 million or more in ETH. This is an indication that institutional investors are flooding into ETH. Ethereum realized cap surpassed that of Bitcoin last year. Read Full on cointelegraph.

Estonia Published Bitcoin WhitePaper On A Government e-Residency Website

Estonia published Bitcoin white paper on a government website, Estonia’s e-Residency website, today, against the wishes of self-acclaimed Bitcoin “inventor” Craig Wright. According to the Government website, it will be a source of inspiration for future innovators who wants to understand how to use blockchain technology to facilitate cross-border business and other applications. Wright has been publicly claiming to be Satoshi Nakamoto since 2016. Read Full on Decrypt.

Blackrock CEO Believes Bitcoin Can Be A Store Of Wealth

Larry Fink, CEO and chairman of BlackRock, shared his thoughts about the recent massive interest in Bitcoin. He said that BTC can be a store of wealth even though the market is still small and for calm investors. Fink is fascinated by the high level of business media interest in Bitcoin currently. However, he believes that the fact that Bitcoin is still untested and too volatile is a major challenge and risk. Read Full on U.Today

Cumulative Monthly Volume On Decentralized Exchanges Explodes To $45.2 billion

Data from Dune Analytics, shows that the cumulative monthly volume on decentralized exchanges (DEXES) increased massively from $39.5 million to $45.2 billion in a year plus. That is over 1,000% since 2019 with Uniswap taking up considerable share of the market. Uniswap has up to 47% of the weekly DEX volume. SushiSwap and Curve, with a weekly volume of almost $3 billion and $1.4 billion, follows after in second and third place. Read Full on BeInCrypto.

Efptos, Australian Payment Giant Becomes A Council Member And Node Operator

Efptos, Australia’s top national debit infrastructure operator, is now the newest member of the Hedera Governing Council and also Hedera's first network node operator in Australia. Other council members include Google, IBM, Boeing and Deutsche Telekom. Mance Harmon, Hedera Hashgraph’s co-founder and CEO, predicted this collaboration between Eftpos and the other council members will bring a lot of financial innovations in Australia. Read Full on cointelegraph.

Rush For GameStop Is A Proof Of Concept That Bitcoin Will work

Anthony Scaramucci of SkyBridge Capital’s said on Wednesday that the rush for video gaming firm GameStop suggest that bitcoin will ultimately be a success. GameStop stock jumped to 92.7% during trading session which was catalyzed by the campaign led by Reddit forum r/WallStreetBets. After Elon Musk tweeted “GameStonks,” the shares rose 50%. This market action is a“proof of concept” that Bitcoin is going to work Scaramucci says. Read Full on CoinDesk.

Blockstream Purchased $25 Million Worth of WhatsMiner Bitcoin Miners From MicroBT

Blockstream purchased $25 million worth of WhatsMiner Bitcoin mining equipment from MicroBT, a Shenzhen-based hardware manufacturer, according to their announcement this Wednesday. Blockstream said they are confident in MicroBT’s WhatsMiner miners after testing mining hardware extensively since they launch their mining hosting service in 2017. Blockstream runs a 300-megawatt operations in North America with plans to grow massively in 2021. Read Full on The Block.

Raoul Pal, Former Goldman Exec Predicts Bitcoin To $50,000 In March

Raoul Pal, a co-founder of Real Vision and a former Goldman Sachs executive predicts that BTC next stop could be $50,000 by March 2021, with the price chart looking bullish. Analysts are positive that Bitcoin is still bullish after settling at $31,000, 25 percent drop from it’s all-time high of $41,000 Analyst Mike McGlone and Bloomberg also believe Bitcoin is headed for $50,000. Raoul Pal remains bullish about bitcoin. Read Full on CryptoSlate.