Cryptocurrency News Cast 📮 04-08-2020

News Source

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $342 B
📊24h Mcap %: -0.77 %
⚠️Bitcoin Dom: 60.40%
📌Active Coins: 3,516
📍24h Vol %: 9.69%
💲24h Vol: $100 B

Cryptocurrency News Updates :

• Bitcoin Market Cap Surpasses Intel and Coca-Cola
• Final ETH 2.0 Testnet Ready To Launch
• Swiss Bank Will Offer Crypto Custody And Trading
• Monero Will Help Exchanges List Privacy Coins
• More Than 90% Of Ethereum Holders Are In Profit
• Chainlink (LINK) Gained 12% to All-Time High Above $9
• Crypto-Powered Travala Partnered With 600K More Hotels
• Bitcoin Realized Cap Hits New ATH Of $109.7 Billion
• Ethereum Addresses Holding 0.1 ETH Reached All-Time High

Trade On These Exchanges

Bybit: http://bit.ly/36JuDQZ
Bitmex: http://bit.ly/2M74PX9
Binance: http://bit.ly/34urfrJ
Advertise Your Products and Get Leads To Your Business
Register link: http://bit.ly/2YlhQRh
Buy Products and Gift Cards With Bitcoin and Cryptocurrencies: http://bit.ly/2sFJvSf

Bitcoin Market Cap Surpasses Intel and Coca-Cola

Amid a major bullish trend on crypto markets, Bitcoin’s (BTC) market capitalization is outstripping some major publicly traded companies like Intel and Coca-Cola. The largest crypto Bitcoin’s market cap saw a significant exceeds $207 billion. As such, Bitcoin is currently worth more than shares of major global companies like Intel and Coca-Cola in terms of market capitalization. On July 31, shares of Intel and Coca-Cola closed at a market cap of $203 billion and $202 billion, respectively, as per data of Macro Trend. Read Full on cointelegraph.

Final ETH 2.0 Testnet Ready To Launch

Final ETH 2.0 Testnet, Medalla is ready to launch. According to Ethereum protocol developer Terence Tsao, the genesis state has been achieved with over 20,000 validators, and the time is set for 13.00 UTC, August 4, 2020. The Medalla testnet was first announced in mid-July. A few days later, Ethereum prices started to react in what was the start of that big run-up to $400. To achieve genesis, there must be enough validators that have staked their 32 ETH totaling a minimum threshold of 16,384 validators. Read Full on CryptoPotato.

Swiss Bank Will Offer Crypto Custody And Trading

Basler Kantonalbank, a Swiss cantonal bank with 27.305 billion Swiss francs ($29.622 bln) in assets under management, will offer crypto trading and custody starting from 2021 through its Bank Cler subsidiary. The plan was revealed by Bank Cler spokeswoman Natalie Waltmann. Basler Kantonalbank is set to be the very first of Switzerland's 24 government-owned banks to venture into crypto. The impending launch of crypto services is a direct response to growing demand for the fledgling asset class among Cler’s younger customers. Read Full on U.Today.

Monero Will Help Exchanges List Privacy Coins

The developers of privacy coin Monero (XMR) and privacy protocol Tari Labs are preparing to publish a guide—in the form of a whitepaper—to let exchanges know how they can list Monero while complying with regulations. Monero is a cryptocurrency that has a layer of privacy stopping anyone from observing transactions on its blockchain. But while this is good for those who use it, it makes it harder for exchanges to track what’s going on—a legal requirement. Guide will help exchanges list XMR while complying with regulations. Read Full on Decrypt.

More Than 90% Of Ethereum Holders Are In Profit

According to data from analytics provider Glassnode, over 90% of ETH holders are in profit as they bought ETH at lower price than it is right now. Ethereum has seen steady gains over recent weeks, on the back of the rising popularity of DeFi. The exploding popularity of decentralized finance (DeFi) seems to be in part responsible for Ethereum’s rise. The attraction of lending protocols as well as other non-custodial financial products, saw the market cap for DeFi tokens hosted on Ethereum hit $8 billion last week. Read Full on Decrypt.

Chainlink (LINK) Gained 12% to All-Time High Above $9

In the past 24 hours as per data from Coin Market Cap, the Chainlink (LINK) has increased 12% against the U.S. dollar. Against BTC, LINK has gained closer to 9.5%. For the first time in its multi-year history, the price of LINK passed above $9.00 on Monday. At the local highs, the asset reached a price of $9.40. LINK trades at $9.35 as of this article’s writing, having dropped slightly from the local highs (which is also the all-time high). Read Full on newsbtc.

Crypto-Powered Travala Partnered With 600K More Hotels

Travala.com has recently added an additional 600,000 hotels to its crypto-powered online travel platform thanks to a recent partnership with booking giant, Agoda. Travala’s CEO, Juan Otero, told that the number of properties on the platform has now reached over 2.2 million in total. He claimed that they are the world's largest blockchain-based online travel agency by number of accommodation options available with over 2,200,000 options to book covering 90,124 destinations. Read Full on cointelegraph.

Bitcoin Realized Cap Hits New ATH Of $109.7 Billion

According to Glassnode, the new all-time high (ATH) for Bitcoin realized cap since August 2 is $109,758,629,290.65 as compared to previous ATH of $109,753,154,440.01 was observed on same day. This shows, more than a $5 million increase in one day. This may indicate an inflow of new investors into Bitcoin, some experts believe. Realized Cap values different part of the supplies at different prices (instead of using the current daily close). Specifically, it is computed by valuing each UTXO by the price when it was last moved. Read Full on U.Today.

Ethereum Addresses Holding 0.1 ETH Reached All-Time High

Based on Glassnode research, the second biggest cryptocurrency Ethereum's Number of Addresses Holding 0.1+ coins just reached an all-time high (ATH) of 3,188,613 from previous ATH of 3,187,850 was observed earlier today. Ethereum has passed $400 price range yesterday—a mark it hasn’t hit since August 2018. The rise of decentralized finance (DeFi) is a key contributor and the release of Ethereum 2.0 is fueling Ethereum recent growth in crypto market. Read Full on Twitter