Price Change Today:
BTC is up 5.77% at $23,010
ETH is up 1.22% at $645
XRP is up 6% at $0.589
Top gainers in the last 24 hours:
LTC is up 17%
DOGE is up 10%
NEM is up 6%
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Top Crypto Headlines 18/12/2020
- Bitcoin Just “Won the Game” Against Other Assets
The benchmark digital asset’s price has gone parabolic, rallying from recent lows of $17,600 to highs of $23,700. Although it faced rejection at these highs, its outlook is still incredibly bullish and it has recovered most of its overnight losses. One on-chain analyst contends that BTC has now “won the game against other asset classes” and is likely to rally higher as institutions take hold of its price action.
- One river digital asset management wants to own $1 billion in ETH & BTC by the first half of next year
For bitcoin adoption in 2020, it has been a very successful year. Many big institutions have taken kindly to the leading coin with One River Digital Asset Management being one of the more recent companies to get involved in the industry. Spearheaded by Eric Peters, the chief executive officer, the Business expects to own around $1 billion in Ethereum and bitcoin for the first half of 2021.
- Crypto Futures Trader Makes $2.6 Million in One Day
With Bitcoin shooting up past $23,000, it’s no surprise that some crypto traders are making a killing. The top-ranked trader on Binance’s Crypto futures platform, named BatThursdayBurn, earned just over $2.6 million in the last 24 hours. Futures are a form of financial derivatives where parties agree to sell/buy an asset at a specific price on a set date.
- Uniswap launches on-chain delegation tied to Twitter usernames
Defi protocol Uniswap recently announced the integration of Sybil, a new governance tool for discovering delegation. Sybil maps on-chain addresses to digital identities in order to maintain a list of delegates without the need for user signups, on-chain transactions, and manual record keeping. Sybil is solely integrated with Twitter.
- P2P Bitcoin Marketplace Startup Paxos Raises $142 Million in Series C Led By PayPal
Paxos, a New York-regulated financial institution offering a peer-to-peer bitcoin marketplace announced in the crypto futures they have raised $142 million in a Series C funding round. The latest funding round also made Paxos one of the top-funded blockchain companies that have raised $240 million in total funding. The year could not have ended any better for Paxos who plans to utilize the funds for expansion.
Check Other Latest Posts:
- June 3 Daily report: Dogecoin Has Memed It’s Way to a Coinbase Listing, Ethereum’s Price Could Hit $40,000 in Long Run, Bitcoin Wallet Exodus to Tokenize $75 Million, Google Releases New Policies On Crypto-Related ADs and SEC will opt to settle Ripple LawsuitBitcoin wallet firm Exodus earlier this year sold $75 million in common stock in the company, purchasable only through its wallet. The sale was notable for the company’s decision to only accept Bitcoin……….. Read Full Coverage
- Cryptocurrency Industry to Self-Regulate, by IAMAI BoardThe IAMAI’s Blockchain and Crypto Assets Council would establish a formal board of lawyers, technological experts, and fintech compliance experts to assure self-regulation. Read Full Coverage….
- Is OnePlus Getting Into Crypto? In a blockchain survey, the company asks users about their cryptocurrency investments.OnePlus Getting Into Crypto, a Chinese smartphone manufacturer may be considering entering the cryptocurrency market. The firm was recently discovered conducting a blockchain research poll aimed at gathering consumer input on cryptocurrencies. Users are being asked if they have utilized trading services such as BuyUcoin. The news was first reported by MySmartPrice, and the poll … Continue reading “Is OnePlus Getting Into Crypto? In a blockchain survey, the company asks users about their cryptocurrency investments.”
- Dogecoin Price might Explode Soon as Joke Crypto gets Listed on Coinbase ProCoinbase stated Tuesday that it has formally listed dogecoin on Coinbase Pro, a huge milestone that exposes the “joke” cryptocurrency to one of the world’s top bitcoin and crypto exchanges, after teasing it earlier this month. In a blog post, Coinbase stated that it will “immediately” begin accepting inbound dogecoin transfers to Coinbase Pro in … Continue reading “Dogecoin Price might Explode Soon as Joke Crypto gets Listed on Coinbase Pro”
- June 2 Daily report: Ethereum investment products hit a market-share high of 27%, Bitcoin Steadies above 100 SMA, Polkadot ETP hits Swedish stock market, Defi protocols generated more than $370 million in revenue and Crypto Analyst Explains How Cardano ($ADA) Price Could Get to $5Defi protocols generated more than $370 million in revenue during May Decentralized finance (Defi) protocols built on Ethereum produced all-time high revenues in May, according to data compiled by The Block. Taking the top spot for the month was Uniswap, reaching $153.9 million (41.4%) of the $371.6 million total monthly Defi protocol revenue. Sushiswap had … Continue reading “June 2 Daily report: Ethereum investment products hit a market-share high of 27%, Bitcoin Steadies above 100 SMA, Polkadot ETP hits Swedish stock market, Defi protocols generated more than $370 million in revenue and Crypto Analyst Explains How Cardano ($ADA) Price Could Get to $5”