Crypto News Cast 📮 26-11-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $509 B
📊24h Mcap %: -64.78 %
⚠️Bitcoin Dom: 62.60%
📌Active Coins: 4,718
📍24h Vol %: 62.39%
💲24h Vol: $296 B

Crypto News Updates :

• Over 700,000 ETH Locked And Ready For ETH 2.0 Launch
• The Australian Border Force (ABF) To Increase Trade Efficiency With Blockchain Technology
• Dan Tapiero Says That Institutional Capital Could 20x Bitcoin price
• Bitcoin Whales Hits New All Time High
• Bitcoin Miners Earn Profits Of $353 Million In October
• eBay Teams Up With Lolli To Integrate Bitcoin For Buyers
• VanEck Launches Bitcoin ETN On Deutsche Börse Xetra

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Over 700,000 ETH Locked And Ready For ETH 2.0 Launch

Dune Analytics show that over 700, 000 ETH is locked and ready for ETH 2.0 staking from over 2000 unique depositors. The deposit is more than 30 percent higher than the minimum ETH needed to launch ETH 2.0. Big players like Celsius Network and others jumped in with their quota of ETH to ensure that everything is ready to kick off ETH 2.0 on schedule as expected. The new consensus mechanism promises scalability with cheaper transaction fees. Read Full on Decrypt.

The Australian Border Force (ABF) To Increase Trade Efficiency With Blockchain Technology

Singapore Customs and the Singapore Infocomm Media Development Authority (IMDA), in collaboration with the Australian Border Force (ABF) aims to reduce cost and improve cross border trade efficiency with blockchain technology. Michael Outram, ABF Commissioner indicated that they will incorporate paperless trading starting with the recent blockchain trial to test the process. Feedback and report from the ABF will aid adoption of this process in 2021. Read Full on CoinDesk.

Dan Tapiero Says That Institutional Capital Could 20x Bitcoin price

During Anthony Pompliano’s podcast, Dan Tapiero, International co-founder of Gold bullion said that the value of Bitcoin could hit $500000 in a few years. He believes that the increase in value would come from institutional investors investing up to 15% of their portfolio into Bitcoin. Other analysts like Jim Cramer, CNBC Co-host and Brian Estes, Off the Chain Chief Investment officer also believes that Bitcoin is a hedge over fiat in the near future. Read Full on cointelegraph.

Popular YouTuber Andrei Jikh Invests $100,000 Into Bitcoin And Ethereum

Andrei Jikh, host of a popular YouTube channel primarily focused on personal finance and investments, has bought $100,000 worth of Bitcoin (BTC) and Ethereum (ETH), he revealed to his 977,000 subscribers in a video published last Friday. Jikh revealed that he currently has 7.5 BTC (around $145,000 today) and 120 ETH (about $72,000). The YouTuber explained that he used Winklevoss-backed crypto exchange Gemini to buy his coins. Read Full on Decrypt.

Bitcoin Whales Hits New All Time High

Metrics from Glassnode shows that the number of Bitcoin Whales (holders of at least 1000 Bitcoin) hit an all time high with up to 2000 Bitcoin Whales. Whales have enough money that their actions can impact the market. Analytics from Santiment also show that Bitcoin Whales with at least 10000 Bitcoin is also at an all time high. Among these whales are institutional and Billionaire investors like Stanley Druckenmiller and Ricardo Salinas Pliego. Read Full on Decrypt.

Bitcoin Miners Earn Profits Of $353 Million In October

According to Comprar Acciones’ report, October turned out to be one of the best months over the past three years for Bitcoin miners. During that period, transaction fees amount to around $42.9 million—or over 12% of miners’ monthly profit. Including block rewards, the revenue of $353 million signified an 8% surge compared to September. The report highlighted several contributing factors that helped surge miners’ profits. Unsurprisingly, one of them is the rapid growth of BTC’s price in October as the crypto gained nearly 30% month over month. Read Full on Decrypt.

eBay Teams Up With Lolli To Integrate Bitcoin For Buyers

eBay, online marketplace partners with Lolli, a cryptocurrency reward company to integrate Bitcoin for it’s millions of users. Lolli will incentivize Users with 1% in Bitcoin when they shop with eBay. Alex Adelman, Lolli CEO and cofounder said they are proud to partner with eBay to encourage Bitcoin education, awareness and adoption. Matt Senter, Lolli’s CTO and cofounder, also said that this will enable buyers to earn Bitcoin while they shop. Read Full on Lolli.

VanEck Launches Bitcoin ETN On Deutsche Börse Xetra

American investment management firm VanEck today announced the launch of its Bitcoin exchange-traded note (ETN) product for the European market, as per a release. The Bitcoin ETN will allow investors to gain exposure to, or bet on the price movements, of Bitcoin. The product will be traded on the German bourse Deutsche Börse Xetra, which commanded over 70.65% of the total equities volume in Germany as of last month. Read Full on Decrypt.