“Bitcoin is gold 2.0, will dethrone gold within a decade” Daily Crypto Report 11/12/2020

Price Change Today (Daily Crypto Report):

BTC is down 2.3% at $17,950

ETH is down 3.5% at $545

XRP is down 3.58% at $0.55

Top gainers in the last 24 hours:

ZIL is up 7%

MKR is up 5%

Strax is up 1%

Top Headlines for 11/12/2020:

1. Bitcoin is gold 2.0, will dethrone gold within a decade

Bitcoin (BTC) is gold 2.0 and will take on gold’s role as the top store-of-value asset within the next decade, according to Cameron Winklevoss, the co-founder of U.S.-based cryptocurrency exchange Gemini.

2. The Bank That Called Bitcoin a Ponzi, Has Now Launched A Crypto Exchange For Institutional Investors

Earlier today, the banking institution officially announced that it will leverage blockchain technology to “provide an ecosystem for fundraising through asset tokenization and secondary trading of digital assets, including cryptocurrencies.” 

3. Ethereum Wallet MetaMask Goes After Institutional Defi Market

The first crypto company to partner with MetaMask on this is Curv. An Early Adopter program will add additional partners looking to integrate MetaMask with their platforms.

4. JPMorgan Completes Live Blockchain Repo Trade Ahead of New Product Launch

Investment bank JPMorgan says it has completed a live intraday repo transaction using a blockchain solution that will soon see a commercial launch.

5. Grayscale Gained Over 100,000 ETH in Past 24 Hours, Acquired 1,276 Bitcoin Yesterday

Grayscale Founder and CEO Barry Silbert have retweeted several posts about the recent crypto acquisitions made by his company. According to data tables shared, over the past 24 hours, Grayscale Investments acquired 1,276.474621 Bitcoin and over 100,000 Ethers.

Subscribe Daily Crypto Report

Check the Other Latest Posts:

• 1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin
• A Decade in the Making: US SEC Approves 11 Bitcoin ETFs, Igniting Market Enthusiasm
• Will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved?
• 10 Must-Have Features on Bitcoin Staking Site
• Christmas in the cryptocurrency world arrives early as the pre-holiday crypto market heats up

1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin

BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal fees for Indian user who have funds on banned crypto exchange. In the wake of the recent ban ...
Read More

A Decade in the Making: US SEC Approves 11 Bitcoin ETFs, Igniting Market Enthusiasm

After years of anticipation and regulatory scrutiny, the U.S. Securities and Exchange Commission (SEC) has granted approval to 11 Bitcoin ETFs applications, marking a significant milestone in the cryptocurrency and ...
Read More

Will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved?

Everyone wants to know that bitcoin will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved? We talk about the Bitcoin ETF, an important part in the cryptocurrency space. According ...
Read More

10 Must-Have Features on Bitcoin Staking Site

Crypto has provided many benefits for online gambling, and almost all relevant gambling sites now offer it as a payment method.  With so many gambling sites, players, especially those without ...
Read More

Christmas in the cryptocurrency world arrives early as the pre-holiday crypto market heats up

Happy Cryptomas to all of you! During the bullish state of the crypto market, margin-lending platforms and decentralised exchanges were the most often used DeFi protocols. Bitcoin is Up 167% so ...
Read More