Daily Crypto NewsEDITION #104, 17 December 2020

Portfolios' Battle, sir

Hey #Moni Maker ✋

Today, in 1631, a violent eruption of the Vesuvius volcano took place. Is it a coincidence that we are witnessing the most powerful eruption of the Bitcoin volcano on the same day a few hundred years later? The first cryptocurrency broke its ATH and does not seem to think of slowing down. Apparently, institutions have brought the Bitcoin kettle to a boiling point, and it is no longer possible to keep it under control. Time will tell, but for now, let's take a look at the latest news.

Let’s go!

If you missed it, we'd like to remind you that the Portfolios' Battle applications are being accepted now! About 300 participants have already registered for the battle.

GOOD NEWS!

Akash Network decided to increase the prize fund to 2000 AKT and fixed the amounts in AKT tokens for convenience.

1st place - 550 AKT (~ $ 412)

2nd place - 350 AKT (~ $ 267)

3rd place - 200 AKT (~ $ 152)

Additional rewards!

Places from 4 to 10 will receive 75 AKT (~ $ 57)!

Worst portfolio - 175 AKT (~ $ 133)

Best Description - 200 AKT (~ $ 152)

Here are all the details.

PS: To find out more, join the official Akash chat, we are there too.

Grayscale's assets under management rose from $2.3 billion (January 13) to $12.1 billion (December 12). That works out to a 430% increase in assets under management in 11 months.

So what?

Well, Grayscale has already become our Digest's buddy. Among the first big companies to enter crypto.

Hopefully, they'll increase their own investments in Bitcoin as well — who wouldn't? (it's financial advice).

And it will take "only" 19x to reach $1 trillion, according to Uniswap CEO Hayden Adams' tweet. He also said that this volume is distributed among 26,000 unique trading pairs.

Most users are waiting for Uniswap v3, which was released on GitHub in September, but the official release date is still unknown. The official launch is likely to happen very soon, although neither the team nor the founder has announced a specific date.

So what?

Uniswap is more alive than ever. It would seem like it's not that hype-driven anymore, just a taste of UNI in the wallets...but no!

Good luck to you, Hayden. v3 should propel DeFi ToTheMoon, or at least strengthen the position.

Nobuaki Kobayashi, the trustee of the hacked and bankrupt cryptocurrency exchange Mt. Gox, filed a civil rehabilitation plan today. The statement can be read on the Mt.Gox website.

"On December 15, 2020, the Rehabilitation Trustee filed a draft rehabilitation plan. The Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed with the rehabilitation proceedings relevant to the draft rehabilitation plan. The Rehabilitation Trustee plans to explain the draft rehabilitation plan to the relevant parties in a timely and appropriate manner."

So what?

Oh my Satoshi, give the money to poor victims, stop this madness!

Close 2020 with good news, we can prepare the plan ourselves ...

The guys at 1inch have announced a major update that allows private transactions.

By the way, just recently, 1inch raised 12 million to develop their product.

— Elrond (EGLD) will be listed on eToroX;

— AnRKeyX will be listed on UniSwap and Bithumb.

And one more thing...Buy Bitcoin! 😉