Crypto News Cast For September 11th 2021 ?

Crypto News Cast 📮 11-09-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2099 B
📊24h Mcap %: 193.00%
⚠️Bitcoin Dom: 41.00%
📌Active Coins: 6457
📍24h Vol %: 2.40%
💲24h Vol: $129 B

Crypto News Updates :

Huge $300M DeFi Innovation Fund Launched By Algorand Foundation
Bakkt Says Nearly 50% Of Surveyed US Consumers Have Invested In Crypto
YouGov Survey Shows Strong Support For Bitcoin As Legal Tender In US
Mastercard Moves Into Crypto Adoption Via Crypto Intelligence Firm, CipherTrace Purchase
Crypto Purchases Now Available For Some Customers By UK Post Office
American R&B Artist, Jason Derulo Enters The NFT Rush After Shilling Solana
Blockchain Platform Develops To Monitor One Third Shipping Containers Globally
Nearly Half Of Brazilians Wished Bitcoin To Become Official Currency
An Environmental-Friendly Canadian Bitcoin Mining Firm Goes Public

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– Huge $300M DeFi Innovation Fund Launched By Algorand Foundation

The Algorand Foundation will support innovation in decentralized finance (DeFi) on the Algorand network with 150 million ALGO ($300 million) fund, it will support exchanges, money markets and non-fungible token (NFT) platforms. The first SupaGrant will be used to build bridges between Algorand and other networks such as Ethereum and then the second will integrate oracle networks, providing authentic information to blockchains. Read Full on CoinDesk.

– Bakkt Says Nearly 50% Of Surveyed US Consumers Have Invested In Crypto

Digital assets management platform and crypto derivatives exchange Bakkt said that 48% of over 2,000 US consumers who responded Read Full on ZyCrypto.

– YouGov Survey Shows Strong Support For Bitcoin As Legal Tender In US

Poll from research and data analytics firm YouGov with 4,912 U.S. residents shows that 11% of respondents support Bitcoin to be used as legal tender in the United States. 29% of Democrats and 26% of Republicans support this notion. The data also reveals that respondents’ income has notable effect on an individuals’ attitudes towards crypto; those earning $80,000 annually supports Bitcoin as legal tender than those earning less than $40,000. Read Full on cointelegraph.

– Mastercard Moves Into Crypto Adoption Via Crypto Intelligence Firm, CipherTrace Purchase

Mastercard ventures into massive cryptocurrency adoption by purchasing CipherTrace, a blockchain analytics startup like Chanalysis and Elliptic, helping companies and government officials determine illegal cryptocurrency transactions. This move will protect the users privacy and also offer protection against attacks, and will also help MasterCard comply with regulators as it continues to do more digital development and give customers digital insight. Read Full on BeInCrypto.

– Crypto Purchases Now Available For Some Customers By UK Post Office

The U.K.’s Post Office ready to start offering option for the purchase crypto vouchers from decentralized exchange (DEX) Swarm Markets redeemable as Bitcoin or Ether through its identity-verification service application, EasyID. EasyID was primarily used to securely verify user’s identity and other important details before giving access to services on other platforms, this new move will bring exposure of decentralized finance (DeFi) to people. Read Full on CoinDesk.

– American R&B Artist, Jason Derulo Enters The NFT Rush After Shilling Solana

American R&B artist Jason Derulo throws weight behind CryptoPunks, a leading blockchain-based art projects collecting 10,000 images that depict 8-bit humanoid characters developed by Larva Labs to be auctioned off as non-fungible tokens (NFTs) on the Ethereum blockchain. Popular auction house Sotheby’s sold CryptoPunk 7523 for $12 million. Derulo with 49.2 million TikTok followers promoted Solana, whose market capitalization recently surpassed XRP. Read Full on U.Today.

– Blockchain Platform Develops To Monitor One Third Shipping Containers Globally

Global Shipping Business Network (GSBN) founded by national freight maritime cargo companies develops a new blockchain-based platform, to digitize shipping processes like document issuance, clearance and logistics data. The product launched in partnership with Oracle, Microsoft Azure, AntChain and Alibaba Cloud. These partnerships are for geostrategic needs, like Oracle’s global trade operating system and Azure’s service reliability in southeast Asia. Read Full on cointelegraph.

– Nearly Half Of Brazilians Wished Bitcoin To Become Official Currency

A new poll cited by local newspaper Globo reveals that 48% of Brazilians wishes bitcoin to become an official currency in the country, after El Salvador’s example, which became the first country to adopt bitcoin as legal tender starting from September 7. Some other percentage cited security concerns, high volatility and a lack of money for investments, Brazil became the second country to launch the development Bitcoin exchange-traded fund back in March. Read Full on U.Today

– An Environmental-Friendly Canadian Bitcoin Mining Firm Goes Public

A Canada-based bitcoin mining company, Canada Computational Unlimited (CCU.ai) goes public on the TSX Venture Exchange in Toronto into the trading arena under the stock symbol “SATO” in honour to bitcoin founder Satoshi Nakamoto. Romain Nouzareth, chairman and CEO of the mining operator says this will bring in opportunities for investors to be part of the a resource-efficient investment and the crypto market. Read Full on BeInCrypto.

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