Crypto News Cast 📮 07-01-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1031 B
📊24h Mcap %: 86.80%
⚠️Bitcoin Dom: 69.00%
📌Active Coins: 5114
📍24h Vol %: 19.10%
💲24h Vol: $173 B
Crypto News Updates :
- Italian Banking Association Begins Pilot Studies For Implementation Of Digital Euro
- Kyrgyzstan’s Central Bank Completes Draft For Bill To Regulate Cryptocurrency
- Bitcoin Surpassed Over $37,000 To Hit Its New All-Time High Value
- Meditteranean Hospital Of Cyprus Successfully Vaccinated 100 Doctors With VeChain Solution
- More Than $20 Billion Worth Off Crypto Locked In DeFi
- Total Crypto Market Capitalization Hits $1Trillion Dollars, First Time In History
- Popular YouTuber Mr Beast Now Owns A Verified Brave Browser Account
- Bitcoin Could Replace Cash Says Veteran Investor Bill Miller
- Bitcoin Is Now 10th Most Valuable Asset Based On Market Cap
- BitGo Launches Wrapped BTC and Wrapped ETH On Tron Blockchain
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Italian Banking Association Begins Pilot Studies For Implementation Of Digital Euro
The Italian Banking Association (ABI) announced that it has begun pilot studies on experimental digital euro project through ABI Lab to show forth support for the implementation of a sovereign European digital currency. The study will focus on technical feasibility analysis and central bank digital currency programmability. SIA, Italian enterprise network firm will assist in the technical feasibility studies. Read Full on cointelegraph.
Kyrgyzstan’s Central Bank Completes Draft For Bill To Regulate Cryptocurrency
Kyrgyzstan’s central bank announced it has completed the draft of two bills that will recognize and regulate cryptocurrency within the country. The two bills will cover: amendments to legislative acts in the field of virtual assets and on the Processing of Cryptocurrencies. The proposed bill will recognize cryptocurrency exchanges as long as they operate within the rules. Also, it will minimize money laundering and financial risks. Read Full on cointelegraph.
Bitcoin Surpassed Over $37,000 To Hit Its New All-Time High Value
Worlds largest cryptocurrency is not willing to halt its upside movement soon. Following upsurge momentum along with the rest of the cryptocurrencies in the market, The price of Bitcoin has shot up 9.66% in the last 24 hours to mark its new all-time high value of $37,500 a figure that was never seen before. Bitcoin's price has continued to surge over the last few months to its current value. Bitcoin is now up 38% since the beginning of this year. Read Full on coinmarketcap.
Meditteranean Hospital Of Cyprus Successfully Vaccinated 100 Doctors With VeChain Solution
Meditteranean Hospital of Cyprus, has successfully vaccinated 100 doctors and personnel within its hospital with the first dose of the COVID-19 vaccine through VeChain-powered E-HCert COVID-19 solution. To ensure transparency and tamper-proof of sensitive information, the COVID-19 vaccination records of the vaccinated staff have been successfully stored on the VeChain distributed ledger. This is a major breakthrough for the Mediterranean Hospital of Cyprus. Read Full on BTCMANAGER.
More Than $20 Billion Worth Off Crypto Locked In DeFi
Data from DeFi Pulse shows that more than $20 billion worth of cryptocurrencies is currently locked in decentralized finance (DeFi). This was fueled by use cases like lending, decentralized exchanges (DEXs), payments, and derivatives. Maker, a governance protocol, Is a DeFi project with the bigger total value locked (TVL) of over $3.98B. It is followed by the lending project Aave with $2.64B, and Ethereum-based decentralized Exchange, Uniswap comes 3rd with $2.47B. Read Full on Decrypt.
Total Crypto Market Capitalization Hits $1Trillion Dollars, First Time In History
The total cryptocurrency market capitalization hits new high of $1 trillion, for the first time in history as Bitcoin crossed new price milestone of $37,000. Bitcoin (BTC) and Ethereum constitute two-thirds of the entire Market cap with BTC breaking new highs in the past one month while Ethereum (ETH) crossed $1,100 for the first time in three years. Many crypto enthusiasts are predicting a bullish season for Bitcoin and altcoins in 2021. Read Full on Decrypt.
Popular YouTuber Mr Beast Now Owns A Verified Brave Browser Account
Popular YouTuber “Mr Beast,” Jimmy Donaldson, with 50.2 million subscribers and 8.5 billion total views, is now a verified Brave browser account. As a Brave browser publisher, his subscribers can tip his channel with BAT tokens which is the native Brave browser crypto. With BTC breaking milestones the popular YouTuber seems to have returned to crypto after emptying his YouTube channel of every Crypto-related content, by becoming a verified Brave browser publisher. Read Full on cointelegraph.
Bitcoin Could Replace Cash Says Veteran Investor Bill Miller
Investor Bill Miller, believes bitcoin could replace cash as the markets are currently underpricing inflation risk. Miller acknowledged that cryptocurrency has many benefits over gold especially as an inflation hedge. Many public listed companies like MicroStrategy and Square diversified their funds into bitcoin in the latter part of 2020 increasing the value and adoption of Bitcoin. More companies would invest in cryptocurrency, irrespective of inflation, Miller opines. Read Full on CoinDesk.
Bitcoin Is Now 10th Most Valuable Asset Based On Market Cap
With a market capitalization of $638 billion, Bitcoin is now 10th most valuable asset in the world after Alibaba Group ($650 billion). Topmost on the list is Apple ($2.23 trillion Marketcap), followed by Microsoft ($1.65 trillion) and Amazon ($1.62 trillion). Bitcoin’s price and newly minted BTC surged the price past $34000. Few days ago, Bitcoin overtook Companies like Visa, Warren Buffett's Berkshire Hathaway. Read Full on Decrypt.
BitGo Launches Wrapped BTC and Wrapped ETH On Tron Blockchain
BitGo has launched Wrapped Bitcoin (WBTC) and Wrapped Ether (WETH) on Tron Blockchain. BitGo public orderbooks show that their users are already minting WBTC and WETH as TRC-20 tokens on Tron to meet over-the-counter (OTC) demand from users. Roughly $3.4 million at current prices have been wrapped and minted as TRC-20 WBTC tokens according to Alameda Research and CoinList. This partnership between Tron and BitGo will bring crosschain Solution. Read Full on CoinDesk.