ETH2 Launches Dec 1st 2020
ETH2 will launch on Dec 1st now that the ETH2 staking contract has reached the necessary amount of ETH staked.
ETH2 is Very Close to Launch
The ETH2 deposit contract has almost 80% of the ETH locked in it needed to launch Ethereum 2.0.
All Users in US Can Now Buy, Hold, and Sell Crypto on PayPal
All users in the US can now use PayPal to buy, hold, and sell Bitcoin, Litecoin, Bitcoin Cash, and Ethereum on PayPal.
Bitcoin Looks Ready for New Highs; But Expect Dips
Bitcoin looks ready for new highs if history is any indicator, as you can see in this chart comparing BTC 2012 – 2016 to 2016 – 2020.
LTCN is Trading at Over 20 Times the Value of LTC
LTCN is trading like Litecoin is worth 20 times what it is worth. LTC is currently worth $60, while LTCN is trading like Litecoin is worth about $1,380.
ETH2 is Coming
After a long wait v1.0 of ETH2 (ETH 2.0) is being released in the next 6 – 8 weeks and the deposit contract is already live on Github.
LTCN and BCHG Premiums Are Both About 10x Above NAV
Litecoin and Bitcoin Cash trusts, LTCN and BCHG respectively, are both trading at about 10x premiums. Meaning they are trading for about 10x what they are worth.
PayPal Announces Crypto Buying, Selling and Shopping
PayPal announced they will begin letting customers, including 26 million merchants, buy, sell, and shop using crypto.
DOJ and CFTC File Charges Against BitMEX
The US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) have filed charges against BitMEX.
ETHE and ETCG Shed Most of Their Premiums (Oversold?)
ETHE and ETCG have historically traded at large premiums to NAV. However, both assets are trading at low premiums right now.