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Crypto News Cast For April 12th 2021 ?


Crypto News Cast 📮 12-04-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2064 B
📊24h Mcap %:        12.88%
⚠️Bitcoin Dom:        54.30%
📌Active Coins:       6077
📍24h Vol %:           -2.60%
💲24h Vol:                $149 B

Crypto News Updates :

  • Ongoing Institutional Adoption Will Take Bitcoin To $400K
  • XRP Tokens Will Be Able to Engage with DeFi Apps
  • Banking App Revolut Adds 11 New Cryptocurrencies
  • Bitcoin Could Be Today’s Gold Standard Says Ark Invest CEO
  • Admission Fees To Be Paid In Crypto By Romanian University
  • Indian Government Keeps Open Mind About Bitcoin and Crypto


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- Ongoing Institutional Adoption Will Take Bitcoin To $400K

The price of bitcoin could surge multi-fold from its current level to $400,000 as its institutional adoption has intensified, noted Bloomberg analysts. In their recent report they also suggested that BTC is replacing the “old-guard” gold more “sudden than gradual.” Although they acknowledged $60,000 as the key resistance in bitcoin’s way up, they believe it’s actually “eroding” due to the massive adoption from behemoths like Morgan Stanley, Visa, Goldman Sachs, Tesla, and more. Read Full on CryptoPotato.

- XRP Tokens Will Be Able to Engage with DeFi Apps

According to a recent announcement made by Wanchain CEO Jack Lu, decentralized cross-chain bridges for XRP, the fourth-largest cryptocurrency, are set to go live on the mainnet in the nearest future. The cross-chain integration will make it possible for XRP holders to engage with different applications on Wanchain and Ethereum. They will also be able to interact with Bitcoin and EOS, two previously added chains. Read Full on U.Today

- Banking App Revolut Adds 11 New Cryptocurrencies

London-based neo-bank Revolut announced Thursday that it has added the option for users to buy and sell 11 more crypto-tokens, bringing the total number of digital coins it lists to 21. "2021 is the year of crypto at Revolut," the firm said in an email sent to customers Thursday. The new list includes Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph. Read Full on The Daily Hodl.

- Bitcoin Could Be Today’s Gold Standard Says Ark Invest CEO

CEO of asset management company Ark Invest, Cathie Wood, shares that Bitcoin could be today’s gold standard because of its deflationary nature which can increase purchasing power. Wood emphasized that the current technological improvements and innovations like the Blockchain are more impactful than the tech of the 18th Century. The asset manager shares that technologies like Blockchain increases productivity because of its deflationary nature. Read Full on U.Today

- Admission Fees To Be Paid In Crypto By Romanian University

Part of the Plan to Support Local businesses like Elrond, The public university in the Romanian city of Sibiu in Transylvania with a student body of roughly 11,000 plans to add crypto payments. It plans to implement crypto payment methods for its more than 11,000 students starting in July. Students will then be able to pay admission fees in crypto. Elrond has recently seen some significant changes as EGLD price rose by 13%. Read Full on cointelegraph.

- Indian Government Keeps Open Mind About Bitcoin and Crypto

Indian Government are looking towards keeping an “open mind” while they work towards boosting the development of a national digital fiat. Anurag Thakur, State finance Minister shared that the government is considering Digital assets as an important part of the Government agendas. A Crypto ban will work against the current government’s need to digitize the country. Thakur also said that the government is on the side of digital assets. Read Full on AMBCrypto.

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