Crypto News Cast For November 15th 2020 ?
Crypto News Cast 📮 15-11-2020
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $458 B
📊24h Mcap %: -0.48%
⚠️Bitcoin Dom: 64.60%
📌Active Coins: 4,623
📍24h Vol %: -12.64%
💲24h Vol: $96 B
Crypto News Updates :
- Deutsche Bank Says CBDC Will Replace Cash
- Wyoming Senator-Elect Praises Bitcoin For Store Of Value on ABC News
- New York Airport Pilots Microsoft's Blockchain Based Coronavirus Cleanliness App
- Grayscale Bought Another 15,114 Bitcoins
- Number of XRP Whales Continues to Grow
- Blockchain-Based Crop Insurance Platform Will Help Kenyan Farmers
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Deutsche Bank Says CBDC Will Replace Cash
Central bank digital currencies (CBDCs) will replace cash in the long term, according to Deutsche Bank's research team. In its latest edition of the "Konzept" periodical, published Tuesday, the bank said the coronavirus pandemic has accelerated the use of digital payments over cash, and the trend will eventually lead to CBDCs taking over cash. According to Marion Laboure, a macro strategist at Deutsche Bank, CBDC developments will take time, countries should prioritize their digital payment systems in the meanwhile. Read Full on The Block.
Wyoming Senator-Elect Praises Bitcoin For Store Of Value on ABC News
Cynthia Lummis, the Senator-Elect of Wyoming, discussed Bitcoin on ABC News. She described the dominant cryptocurrency as a store of value, expressing optimism towards its finite supply. During a segment on ABC News, Lummis explained she anticipates Bitcoin to evolve into an important store of value in the long term. She stated she does hope to bring Bitcoin into the national conversation. She said as a former state treasurer she was always looking for a good store of value And Bitcoin fits that bill. She added our own currency inflates but bitcoin doesn't due to its finite supply. Read Full on bitcoinisation.
New York Airport Pilots Microsoft's Blockchain Based Coronavirus Cleanliness App
Albany Airport has begun experimenting with the "Wellness Trace App" to track the cleanliness of surfaces and objects inside the airport. The app, built using the Microsoft Azure enterprise blockchain aims to provide a safe travel experience during and after the coronavirus pandemic. The app will provide travelers with information about the cleanliness of surfaces prior to travelers touching them in real-time. Travelers will be able to gather this information by scanning QR code stickers scattered in and around the airport using their phones. Read Full on cointelegraph.
Grayscale Bought Another 15,114 Bitcoins
Grayscale, a digital assets management company, this week bought another 15,114 Bitcoin ($241 million), bringing the total number of Bitcoin the company owns to 506,000, or $8.1 billion. The company now manages a total of $10 billion worth of cryptocurrency. Grayscale is among the biggest purchasers of Bitcoin. Its total investments comprise 2.29% of Bitcoin’s entire market cap. The Grayscale Bitcoin Trust holds 62% of the 814,359 Bitcoins in the ownership of publicly-traded companies. Read Full on Decrypt.
Number of XRP Whales Continues to Grow
According to crypto analytics firm Santiment, the number of XRP holders that have anywhere between 100,000 and 1 mln tokens in their wallets has reached a new all-time high of 17,625. There are also 307 mega whales who hold over 10 mln tokens. While XRP is believed to have one of the largest levels of wealth inequality among large- and medium-cap cryptos, things appear to be gradually changing. Those addresses that hold between 100 and 1,000 coins also notched a new lifetime high of 332,560 earlier this week. Read Full on U.Today
Blockchain-Based Crop Insurance Platform Will Help Kenyan Farmers
Chainlink Community Grant program announced funding for a low-cost insurance collaboration between Etherisc, a decentralized insurance protocol, and ACRE Africa, a microinsurance issuer focused on the second-most populous continent on the planet. The project aims to build a blockchain-based insurance platform that delivers affordable coverage for the nearly 250,000 smallholder farmers in Kenya, many of whom are expected to be excessively affected by climate change over the next three years. Read Full on cointelegraph.