-->

Crypto News Cast For April 11th 2021 ?


Crypto News Cast 📮 11-04-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2048 B
📊24h Mcap %:        0.38%
⚠️Bitcoin Dom:        54.40%
📌Active Coins:       6078
📍24h Vol %:            5.00%
💲24h Vol:                $154 B

Crypto News Updates :

  • Peter Brandt Believes XRP Could Hit New All-Time High
  • Morgan Creek’s Mark Yusko Believes Bitcoin ETF Approval Is Imminent
  • XRP Futures Open Interest Hits $1.2 Billion Record
  • American Software Company Salesforce Tests VeChain Blockchain
  • Ethereum Overtakes Coca-Cola, Netflix, Adobe as Ether Sets New ATH
  • In Just 24Hours, Grayscale Adds A Massive $1 Billion in Bitcoin
  • Over $10 Billion Value Locked In Compound DeFi Project
  • Macro Guru Raoul Pal Says Since Its Inception Ethereum Has Outperformed Bitcoin


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:


- Peter Brandt Believes XRP Could Hit New All-Time High

After forming a bullish inverted head-and-shoulders pattern on the weekly chart, Peter Brandt believes that the Ripple-affiliated cryptocurrency could soon make a run for a new all-time high. After remaining underwater for many years, XRP rallied to a 3year all-time high of $1.11 and pushed the total market cap of all cryptocurrencies to a record $2 trillion which is attributed to Ripple's recent court win against the SEC. Read Full on U.Today

- Morgan Creek’s Mark Yusko Believes Bitcoin ETF Approval Is Imminent

In an Interview with MarketWatch, Morgan Creek Capital Management, CEO Mark Yusko expressed his confidence that a Bitcoin ETF will finally come to Wall Street. He partners with Bitwise Asset Management, the San Francisco-based provider of index crypto funds which has increased its assets under management to over $1 billion and recently launched its 10 Crypto Index Fund. He believes The Bitcoin ETF will be approved as in other countries like Canada and Brazil. Read Full on Decrypt.

- XRP Futures Open Interest Hits $1.2 Billion Record

On Tuesday, Ripple Labs was granted access to the SEC's documents and with an explosive 75% rally in 30 hours, causing XRP to cross the $1 mark for the first time since March 2018. Also, investors' interest in XRP futures trading skyrocketed as open interest reached $1.2 billion also, XRP spot volume over the past 30 days hits $44.3 billion. XRP price could increase more if more positive news regarding the SEC lawsuit emerges. Read Full on cointelegraph.

- American Software Company Salesforce Tests VeChain Blockchain

VeChain made headlines after Salesforce announced it would test the firm’s traceability solutions platform, VeChainThor. Salesforce’s decision to enable open, seamless data sharing across multiple parties, using data hashed on the VeChainThor public blockchain, seems to have also fueled Vechain's native token VET which has upsurged by 52% in the last 7 days. Sunny Lu, CEO at VeChain, maintains that Salesforce’s integration could help boost VET utility exponentially. Read Full on Crypto Briefing.

- Ethereum Overtakes Coca-Cola, Netflix, Adobe as Ether Sets New ATH

According to the analytical services, Ethereum (ETH) entered the top 40 assets by market capitalization and witnessed a new price record, touching $2,200 on major spot exchanges. It pushed Ether's total market cap above that of world-leading companies with market cap around $247 billion. Also, Ethereum (ETH)'s market cap is higher than the GDP of Peru ($225 billion) and twice as valuable as the GDP of Slovakia($117 billion). Read Full on U.Today

- In Just 24Hours, Grayscale Adds A Massive $1 Billion in Bitcoin

The top-tier Bitcoin purchaser, Barry Silbert-related Grayscale, has bought another billion USD worth of BTC and other blockchain-based currencies, storing up $46.1 billion. It held $45.1 billion a day earlier. Earlier this week, it purchased massive amounts of the currencies, adding BAT, LINK, LPT and also bought large bags of XLM, Litecoin and ETC. It's also reported that the company intends to turn its Bitcoin-backed trust into an ETF based on Bitcoin. Read Full on U.Today

- Over $10 Billion Value Locked In Compound DeFi Project

Decentralized finance (DeFi) lending platform, Compound Finance, now has $10.058 billion in Total Value Locked (TVL), the first DeFi platform to reach that milestone. The figure puts it ahead of DeFi’s second most popular staking destination, Maker (MKR), which boasts a TVL of $8.2 billion, at press time. The impressive growth for Compound started the year with a TVL of less than $2 billion. This represents a five-fold increase in assets staked in the lending platform in just over three months. Read Full on BeInCrypto.

- Macro Guru Raoul Pal Says Since Its Inception Ethereum Has Outperformed Bitcoin

Macro guru Raoul Pal says a select group of crypto assets will inevitably outpace Bitcoin’s growth as the market matures. Pal notes that since its inception, ETH has outperformed BTC by 250%. He uses ETH as an example of why not everything will lose value against Bitcoin. The former Goldman Sachs fund manager says assets that obtain network effects, which is when an increase of participants improve the value of a good or service, will rise in value against Bitcoin. Read Full on The Daily Hodl.

Read also

Ledger Nano X - The secure hardware wallet