Cryptocurrency News Cast 01-08-2020
Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $342 B
📊24h Mcap %: 3.90 %
⚠️Bitcoin Dom: 62.30%
📌Active Coins: 3,430
📍24h Vol %: 1.89%
💲24h Vol: $92 B
Cryptocurrency News Updates :
- Coinbase Exploring 19 New Digital Assets To List
- Blockchain Will Help To Protect From Cyber-Attack
- Joe Rogan Urges 200 Million Listeners To Buy Bitcoin
- Now 15% Of American Adults Owns Crypto
- Third-Largest Crypto XRP Hits $0.26 Highest Since February
- Decentralized Finance (DeFi) Market Capitalization Passed $8 Billion
- Tyler Winklevoss Believes Bitcoin Adoption Was Enhanced By Pandemic
- Ethereum Surged By 223% Since Mid March
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Coinbase Exploring 19 New Digital Assets To List
Crypto exchange company Coinbase announced Friday that it is exploring 19 new cryptocurrencies and tokens to get listed on coinbase. As announced on Friday in an official blog post, all the cryptocurrencies on Coinbase’s list are Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA, UMA, and WBTC. Coinbase said it would continue to explore more crypto assets. Read Full on coinbase.
Blockchain Will Help To Protect From Cyber-Attack
Australian experts suggest blockchain is an integral part to protecting Australia’s business and government from cyber attacks. A cyber security and blockchain forum with leading Australian experts and government officials has identified blockchain technology as a direct response to an increase in cyber attacks targeting the integrity of systems through manipulating data. Blockchain Australia CEO Steve Vallas held a panel discussion on July 30 regarding blockchain’s use-case in cyber security with experts. Read Full on cointelegraph.
Joe Rogan Urges 200 Million Listeners To Buy Bitcoin
Joe Rogan one of the most popular figures in the podcasting industry told his 200M listeners to buy Bitcoin through cash app. Rogan explained Bitcoin is a transformational digital currency that acts as a decentralized peer-to-peer payment network powered by its users, with no central authority. He urged listners to get bitcoin, and told that he loves bitcoin and wishes that it may may become the way we exchange currency in the future. Rogan might not be a Bitcoin expert, but he’s clearly intrigued by its potential and possibilities. Read Full on ZyCrypto.
Now 15% Of American Adults Owns Crypto
A new study revealed that 15% of American adults now own some form of crypto a little more than half of whom invested in crypto for the first time during the first six months of 2020. On average, these new investors obtained around $67.5 billion in crypto, roughly $4,000 per person. As per report Millennials (26 to 40 years old) comprised 57% of the consumers buying crypto in 2020 with Gen Xers (41 to 55 years old) accounting for 30%. Read Full on Forbes.
Third-Largest Crypto XRP Hits $0.26 Highest Since February
XRP, the third-largest cryptocurrency by market cap, has hit $0.25, breaking through a major barrier of psychological resistance. XRP’s rise accompanies the bullish passions that have ripped through the crypto market this month. Ethereum and Bitcoin has highest price since as respectively June and August 2019.It took XRP traders a while to embrace the bullish sentiment, but the time spent waiting has bubbled up into momentum so strong that XRP hasn’t been this high since late February 2020. Read Full on Decrypt.
Decentralized Finance (DeFi) Market Capitalization Passed $8 Billion
Decentralized finance (DeFi) hype is surging, and the amount of money being poured into the burgeoning industry keeps reaching new heights. CoinGecko’s listing of the Top 100 DeFi coins by market capitalization crossed the $8 billion mark today. DeFi Market Cap reports that the Top 100 DeFi tokens at $7.1 billion as of this writing, but omits Chainlink. It was only early June when DeFi Market Cap pegged the amount at just more than $2 billion, and that had already doubled since the mid-April. Read Full on Decrypt.
Tyler Winklevoss Believes Bitcoin Adoption Was Enhanced By Pandemic
Co-founder of Gemini Exchange, Tyler Winklevoss, said the ongoing pandemic situation is helping to boost Bitcoin adoption. In recent tweet, he said that the ongoing pandemic situation had uprooted life as we know it, in particular, its effect on the monetary system. This, he believes, is the foundation for more people buying into the Bitcoin narrative. As such, while Winklevoss is playing up to the role of Bitcoin maximalist, in reality, an economic collapse would also see altcoin adoption too. Read Full on twitter.
Ethereum Surged By 223% Since Mid March
Ethereum is among the best performers this year in the top 10 cryptocurrency by market cap and has been gaining for more than two months.The price of Ethereum (ETH) has just broken the $340 threshold after pumping by more than 8% in the last 24 hours. Ethereum currently sits at a value of $342.60. The recent move pushes ethereum's market capitalization up to over $38 billion, which is its high value since June 2019. After touching a low of $106.12 in mid-March Ethereum has surged by 223%. Read Full on Decrypt.