Crypto News Cast 📮 15-03-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1708 B
📊24h Mcap %: -85.00%
⚠️Bitcoin Dom: 61.30%
📌Active Coins: 5699
📍24h Vol %: 16.69%
💲24h Vol: $148 B
Crypto News Updates :
- U.S.-based Investment Giant Morningstar Educates Investors on Bitcoin and Crypto
- Norway's Fourth-Richest Man Invests in Crypto Space
- Bitcoin Could Completely Replace $5 Trillion FX Market
- Volume On South Korean Crypto Exchanges Surpasses That Of The Stock Market
- Over 100 Companies Plans to Move From Ethereum to Cardano - Hoskinson
- 10 Years of Bitcoin As Best Performing Asset by Overall 900% Gain
- Bitcoin Now Accounts 10% Of Gold’s Market Cap, 50% Of Apple And Silver
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U.S.-based Investment Giant Morningstar Educates Investors on Bitcoin and Crypto
U.S.-based investment giant Morningstar is educating its investors on Bitcoin and other cryptocurrencies to empower them with knowledge. On the other hand, the firm emphatically declared their stand on Investment offerings and bitcoin. The firm arranged the different the crypto sector into four classifications which includes:, cryptocurrency storage and payments, digital securities and services, and network and exchanges. Read Full on Finbold.
Norway's Fourth-Richest Man Invests in Crypto Space
Norwegian news reports detail that the billionaire hedge fund manager Ole Andreas Halvorsen is dipping his toes into the cryptocurrency space. The hedge fund manager and cofounder of the Connecticut-based hedge fund, Viking Global Investors, is now investing in a cryptocurrency-focused firm called Harmonychain. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Read Full on Bitcoin News.
Bitcoin Could Completely Replace $5 Trillion FX Market
In an episode of the Keiser Report, the Wall Street veteran takes note of Citibank’s recent report that argues Bitcoin has an advantage in global payments due to its decentralized, deflationary, and secure nature, which are characteristics that put the flagship cryptocurrency in a position to go mainstream. Bitcoin evangelist Max Keiser says that BTC has the potential to become the new base layer currency and replace the entire $5 trillion foreign exchange (FX) market. Read Full on The Daily Hodl.
Volume On South Korean Crypto Exchanges Surpasses That Of The Stock Market
The volume of transactions in the South Korean digital currency market briefly exceeded the daily average transaction amount of the country’s stock market on Sunday. the combined 24-hour volume of major South Korea-based crypto exchanges UPbit, Bithumb, Coinone, and Korbit was more than $14.6 billion on Sunday. On Friday, the same metric was roughly $14.5 billion on the Korea Composite Stock Price Index, or KOSPI, and $10 billion on the Korean Securities Dealers Automated Quotations, or KOSDAQ. Read Full on cointelegraph.
Over 100 Companies Plans to Move From Ethereum to Cardano - Hoskinson
IOHK's founder and CEO Charles Hoskinson revealed in a recent interview that over 100 companies plans to move from Ethereum to Cardano as Cardano ecosystem functionality matures. Reportedly, Artificial intelligence firm, SingularityNET is considering moving to Cardano. Hoskinson believes that the Cardano blockchain is much more efficient than the Ethereum Blockchain that runs DeFi at the moment. His future plans involves running whole countries on Cardano. Read Full on U.Today
10 Years of Bitcoin As Best Performing Asset by Overall 900% Gain
The record was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who gathered that Bitcoin has produced an overall 900% Gain, with The U.S. Nasdaq 100 ranked second, followed by U.S. Large Caps. However, Gold is reported to have actually had a loss of about 8.5% since the beginning of 2021. The best performing year for BTC was 2013 with over 5,507% gains. Bitcoin has hit 108% gain in 2021. Read Full on cointelegraph.
Bitcoin Now Accounts 10% Of Gold’s Market Cap, 50% Of Apple And Silver
With a market cap of $1.07 trillion, Bitcoin now accounts for 9.85% of Gold’s $10.9 trillion i.e. over 50% of Apple's worth and Over 70% Silver's. Proponents believe that bitcoin will one day become a store of value. Its to be noted how it's easier and cheaper to store bitcoin, unlike gold. Also, lack of control and state manipulation gives bitcoin an edge over gold. Bitcoin gains more acceptance with its popularity. Read Full on Finbold.