-->

Crypto News Cast For December 29th 2020 ?


Crypto News Cast 📮 29-12-2020

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $704 B
📊24h Mcap %:       -25.68%
⚠️Bitcoin Dom:        69.60%
📌Active Coins:       5043
📍24h Vol %:          -58.46%
💲24h Vol:                $183 B

Crypto News Updates :

  • Binance Launches Bitcoin Options Called European-Style Vanilla Bitcoin Options
  • Whales Transfer $967 Million Worth Of BTC In Two Days
  • Peter Brandt Predicts Bitcoin Parabolic Move At $48,000 In January 2021
  • Raoul Pal: Fresh Set Of Institutional Investors Ready To Buy Bitcoin
  • Institutional Interest In Ethereum To Kickoff In 2021 Says Messari Analyst
  • Marathon Pre-orders 70,000 Antminer S-19 ASIC miners Worth $170 million
  • Report: Indian Government To Implement Tax On Bitcoin Trading
  • SBI Executive Shares That XRP Is Cryptocurrency Not Security In Japan


Register at the best leverage exchanges


Advertise Your Products and Get Leads To Your Business Hashing Ad Space

Register link: http://bit.ly/2YlhQRh

Buy Products and Gift Cards With Bitcoin and Cryptocurrencies:


- Binance Launches Bitcoin Options Called European-Style Vanilla Bitcoin Options

Binance Exchange launches a new type of Bitcoin options contract called “European-Style Vanilla Bitcoin Options”. This will simplify things for traders and allow them issue their own contracts for the first time and protect them from volatility. European-style contracts are called “vanilla” options contracts because they’re far less “exotic” than the more complex American options contracts. These contracts are settled in Tether (USDT). Read Full on Binance.

- Whales Transfer $967 Million Worth Of BTC In Two Days

Whale Alert, a Crypto tracking bot, detected seven massive Bitcoin transfers made in the last two days worth $967,664,628 (33,756 BTC) from large Cryptocurrency holders between anonymous wallets. 4,325 BTC (117,300,857 USD) were transferred few hours ago with just a $10 fee. Also six similar transactions with almost same amount took place on 27th December. One of them was 10,000 Bitcoins, worth $267,938,255. Read Full on U.Today

- Peter Brandt Predicts Bitcoin Parabolic Move At $48,000 In January 2021

Peter Brandt who predicted Bitcoin’s crash in 2018 estimates that Bitcoin will hit $48,000 by January 2021. He posted a chart showing the parabolic move of BTC, even though a retracement is expected, it won’t start a bear market. However, a correction could interrupt the parabolic move. With the surge of institutional investors into BTC, Brandt points out that tax selling in U.S in 2021 could trigger a Bitcoin sell-off. Read Full on The Daily Hodl.

- Raoul Pal: Fresh Set Of Institutional Investors Ready To Buy Bitcoin

Raoul Pal, Real Vision co-founder shared in an interview with Bostjan Usenik that a fresh set of institutional investors are ready to buy Bitcoin as soon as a Bitcoin ETF arrives. He said the largest investment advisor firm in the United States is ready with more than $5 billion to invest in Bitcoin because of its rapid movement in price. Also, the increased demand for Bitcoin especially from Grayscale, PayPal, Square’s CashApp is influencing BTC supply. Read Full on The Daily Hodl.

- Institutional Interest In Ethereum To Kickoff In 2021 Says Messari Analyst

Messari analyst, Ryan Watkins, believes that institutions will get involved with Ethereum in 2021, which lead to a surge in the price of ETH. Watkins said the recent announcement by CME Group’s that to launch Ethereum (ETH) futures on February 8, 2021, is a major sign of institutional interest by next year. Hours ago Eth traded above $700 before dropping to $600 and the total market cap of Ethereum is currently approximately $80 billion. Read Full on BTCMANAGER.

- Marathon Pre-orders 70,000 Antminer S-19 ASIC miners Worth $170 million

Marathon Patent Group (MARA) listed by NASDAQ, one of the largest enterprise bitcoin mining companies in North America, pre-ordered 70,000 Antminer S-19 ASIC miners from Bitmain worth $170 million. It’s the single largest order for S-19 ASIC miners that Bitmain has ever received said Merrick Okamoto, chief executive of Marathon. Marathon will receive initial batch of 7,000 S-19 miners in July 2021 and the rest will follow in December 2021. Read Full on CoinDesk.

- Report: Indian Government To Implement Tax On Bitcoin Trading

The Indian Government plans to implement 18% Goods and Services (GST) tax on Bitcoin trading, $5.45 billion annually. The proposal by Central Economic Intelligence Bureau (CEIB) shows that the Goods and Services (GST) tax would treat Bitcoin as an ‘intangible asset’ and a GST levy could be imposed on all transactions. The CEIB also proposed handling cryptocurrency as a ‘current asset’ which would enable GST to be charged on margin trading. Read Full on AMBCrypto.

- SBI Executive Shares That XRP Is Cryptocurrency Not Security In Japan

Yoshitaka Kitao, SBI chief executive, shared a link to an article from the Nomura Research Institute which states that, under the Japanese Funds Settlement Law, XRP is a cryptocurrency asset and not a security, as the U.S SEC claims. Hence, XRP will continue to trade as a crypto asset on Japanese digital exchanges. Meanwhile, SBI will continue to support Ripple within Japan as it Expands outside the U.S. Read Full on U.Today

Read also

Ledger Nano X - The secure hardware wallet