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Crypto News Cast For April 20th 2021 ?


Crypto News Cast 📮 20-04-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2032 B
📊24h Mcap %:       -5.88%
⚠️Bitcoin Dom:        51.30%
📌Active Coins:       6196
📍24h Vol %:           -2.00%
💲24h Vol:                $221 B

Crypto News Updates :

  • China Confrims Bitcoin As An Asset And An Investment Alternative
  • SBI Group To Offer Investors XRP As Bonuses During STO
  • ETF Giant WisdomTree's Co-founder Says Bitcoin Will Hit Higher
  • OKEx Crypto Exchange Finalizes Integration For Bitcoin's Lightning Network
  • Crypto Now A Payment Option In The Iconic TIME Magazine
  • Federal Reserve Bank President Describes Bitcoin as Store Of Value
  • Cardano and Polkadot Networks Dominates Staked Capitalization Ranking
  • Snickers Chocolate Candy, Milky Way Promotes DOGE Coin on Twitter
  • Taskforce For UK CBDC Launched By Bank Of England And HM Treasury


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- China Confrims Bitcoin As An Asset And An Investment Alternative

At a CNBC panel, The People’s Bank of China (PBoC) described bitcoin as Crypto asset and as investment alternative. China is the biggest buyer of bitcoins and among the top five countries with the largest bitcoin investments. China wants to stay ahead of the game and their focus is on Developing their native digital currency, the digital yuan, this will be a bigger moves on China regulating crypto. Read Full on BeInCrypto.

- SBI Group To Offer Investors XRP As Bonuses During STO

Yoshitaka Kitao, the chief of SBI Group with head office at Tokyo plans to offer investors bonuses in XRP during its upcoming STO (security token offering) of its digital corporate bonds on April 20. SBI will give a bonus in XRP to investors equivalent to the amount of digital securities purchased by each investor. SBI will launch the security tokens for the offering will be launched on Ibet, a blockchain platform. Read Full on U.Today

- ETF Giant WisdomTree's Co-founder Says Bitcoin Will Hit Higher

The $70 billion ETF giant WisdomTree co-founder believes bitcoin is gaining more attention and investment and would hit a higher price because of the increasing debts and overprinting of fiat. He said this after bitcoin hit a new all-time high of almost $65,000. From 2008, when his Crypto asset management, Arca played out, the crypto-asset management fund Arca manages $200 million in assets and also have $10 million in Series A funds secured. Read Full on finbold.

- OKEx Crypto Exchange Finalizes Integration For Bitcoin's Lightning Network

Bitcoin's Lightning Network integration, a Layer-2 scaling solution for bitcoin, for deposits and withdrawals has been fully completed by Crypto exchange OKEx after making the announcement since February. It now charges less than 0.01 cents for bitcoin transactions and 1 to 3 seconds for confirmation with a limit of up to 0.05 BTC ($2,830) per transactions. OKCoin, Bitfinex, and Bitstamp are currently in support of the network. Read Full on theblockcrypto.

- Crypto Now A Payment Option In The Iconic TIME Magazine

Cryptocurrency gains more attention as many companies and investments firms adds it to their portfolio. TIME Magazine in partnership with Crypto.com announced they now accept cryptocurrency as a form of payment with a 10% cashback for those who use CRO. The offer is currently limited to customers in the United States and in Canada, though with plans to expand. This a huge step by the TIME as they look to embrace new technologies. Read Full on Time.

- Federal Reserve Bank President Describes Bitcoin as Store Of Value

The president of the Federal Reserve Bank of Dallas, Robert Kaplan, described bitcoin as an obvious store of value during the Texas A&M Bitcoin Conference 2021 hosted by Mays Business School. He goes further to say that adoption of Bitcoin will evolve over time into a medium of exchange. The Fed bank president also shared that his team will continue to study Bitcoin and other Cryptocurrencies seriously. Read Full on Bitcoin News.

- Cardano and Polkadot Networks Dominates Staked Capitalization Ranking

Cardano and Polkadot networks dominates staked capitalization ranking. Cardano ranks as the top blockchain with the highest ADA staked value currently worth $26.4 billion. 73% of circulating ADA are staked at 7.22% APY and ADA is currently valued at $36.6 billion market capitalization. Polkadot follows after with $22.7 billion worth of DOT staked, that is about 64% of its circulating supply with 13% APY. Read Full on cointelegraph.

- Snickers Chocolate Candy, Milky Way Promotes DOGE Coin on Twitter

Snickers, Chocolate bar with 90 years sales track record plans to promote Dogecoin as part of its move into the cryptocurrency space. The Chocolate brand shared a picture of DOGECOIN Shiba Inu dog on the message “Dogecoinrise” to its twitter followers with a hashtag Dogeday. Milkyway supported the Snickers’ tweet with a positive bullish Doge tweet. DOGE price have surged massively in the past few days. Read Full on Twitter.

- Taskforce For UK CBDC Launched By Bank Of England And HM Treasury

The Bank of England and HM Treasury shows the first sign to physically explore the launch of a CBDC. The Bank of England said the CBDC will exit alongside bank deposit and cash. The two platforms will focus on engaging senior stakeholders and get inputs from the technology sector. They are also going into how the blockchain can improve financial market infrastructure alongside Bank of England and the Financial Conduct Authority (FCA). Read Full on CoinDesk.

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