Crypto News Cast For May 3rd 2021 ?

in #binancecharity3 months ago (edited)

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Crypto News Cast 📮 03-05-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2300 B
📊24h Mcap %: 85.68%
⚠️Bitcoin Dom: 47.00%
📌Active Coins: 6377
📍24h Vol %: 10.83%
💲24h Vol: $147 B

Crypto News Updates :

  • S2F Model Creator Says Bitcoin Looks Set To Jump Towards $100k
  • Binance Charity Fund Contributes To India's COVID-19 Relief Efforts
  • Ethereum’s Price Break All-Time High Above $3000
  • PancakeSwap (CAKE) Daily Transaction Count Overtakes Ethereum
  • Billionaire Investor Mark Cuban Believes Dogecoin Could Become A Potential Currency
  • First Phase Speedy Trial Of Bitcoin Taproot Upgrade Has Begun
  • Revolut Launches Major Bitcoin Withdrawal Upgrade Ahead of PayPal and Robinhood
  • Actress Mila Kunis And Husband Invested In Cryptocurrencies 8 Years Ago

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S2F Model Creator Says Bitcoin Looks Set To Jump Towards $100k

The creator of the Bitcoin stock-to-flow model, PlanB (@100trillionUSD), has forecasted that BTC is set for a jump towards $100k. According to his analysis, and using his BTC stock-to-flow cross-asset model, Bitcoin has printed a new orange dot that lies at the middle of a bull-market cycle that will ultimately peak at $100k or above. At the time of writing, Bitcoin is trading at $56,734 after an impressive monthly close of $57,600 on Friday, April 30th. Read Full on Ethereum World News.

Binance Charity Fund Contributes To India's COVID-19 Relief Efforts

Binance charity has recently announced its crypto-donation to India COVID relief fund to aid with its oxygen supply operations. India recently recorded the highest one-day tally of fresh COVID 19 in the past 24 hours. To make things worse, many breathless COVID 19 patients died due to the unavailability of medical oxygen in hospitals across the country. Binance, with its $200,000 crypto contribution to the respective organization, will support its role as the key delivery partner to the needy authorities. Read Full on AMBCrypto.

Ethereum’s Price Break All-Time High Above $3000

World’s second largest crypto, Ethereum reached a major milestone with the currency rising to a new all-time high over $3,000. The surge in Ether's price comes days after the European Investment Bank announced that it had issued 100 million euros in 2-year notes using the Ethereum blockchain. The rally in Ether comes in the wake of speculation that this digital currency is gaining grip among mainstream financial institutions like Mastercard, JPMorgan and UBS. Read Full on CoinMarketCap.

PancakeSwap (CAKE) Daily Transaction Count Overtakes Ethereum

The DeFi platform of PancakeSwap (CAKE) has reached a new milestone in terms of daily transaction count. At the time of writing, PancakeSwap has handled 1,733,484 transactions in the last 24-hour period. The DeFi platform has also experienced a 24-hour trade volume of $1.7 billion with approximately $9.86 Billion in total value locked. This amount has exceeded Ethereum’s at 1.427 million in the same time period. Read Full on Ethereum World News.

Billionaire Investor Mark Cuban Believes Dogecoin Could Become A Potential Currency

Billionaire investor Mark Cuban of Dallas Mavericks, shared in a series of tweets that he is assured that Dogecoin could eventually become a valuable currency in the long term if it can achieve enough utility use case. The Billionaire believes that a coin like the Meme coin will become viable when more people use it. Also, that the inflationary quality could turn it from a store of value to a potential currency. Read Full on U.Today

First Phase Speedy Trial Of Bitcoin Taproot Upgrade Has Begun

Bitcoin’s Taproot update finally started its Speedy Trial. This is the first phase of the activation for the upgrade which involves difficulty adjustment. This upgrade will make Bitcoin’s transactions cheaper, easier and more private. The number of blocks mined during this period of activation up to 90% threshold which includes the Taproot signal or difficulty periods will determine initiation of the activation in November. Read Full on CoinDesK.

Revolut Launches Major Bitcoin Withdrawal Upgrade Ahead of PayPal and Robinhood

Revolut, London-based Banking app launches major upgrade which include a feature that will give beta access to it’s high-end metal plan users to be able to withdraw their Bitcoin holdings out of Revolut to external wallets. Revolut also plan to enable withdrawal support for other cryptocurrencies. Users were only able to buy and sell Crypto within the app, but now they can withdraw to external wallets with transaction fee alongside. Read Full on Decrypt.

Actress Mila Kunis And Husband Invested In Cryptocurrencies 8 Years Ago

TV actress Mila Kunis, married to actor Ashton Kutcher revelaed on The Late Show with Stephen Colbert on Thursday that she and rhe husband invested in bitcoin more than 8years ago, even when she thought it was a horrible idea. This was after Kutcher explained to her and was given an option of bitcoin and Uber, which they later went in for the cryptocurrency. Read Full on Bitcoin News.