Crypto News Cast 📮 07-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2766 B
📊24h Mcap %: 77.00%
⚠️Bitcoin Dom: 42.60%
📌Active Coins: 6461
📍24h Vol %: -9.30%
💲24h Vol: $88 B
Crypto News Updates :
- Coinbase Gives Access To New York Residents To Trade Shiba Inu
- Canada’s IGM Considers Launching Bitcoin, Ether Products From Next Year, 2022
- Electronic Arts CEO Says NFTs, Play-to-Earn Are The Future Of Gaming Industry
- Banks Continues Recruiting Crypto Talent As Job Postings Increased 615% In August
- Reddit Looks To Tokenize Karma Points, And Includes 500M New Users
- Square Reports $1.81B In Bitcoin Revenue, Plans On Increasing BTC Offerings
- Binance Coin’s Market Cap Records New Height Since May12, Hitting $100Billion
- Glassnode Reveals Bitcoin Transfer Volumes Hitting $15billion Record Per Day In October
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– Coinbase Gives Access To New York Residents To Trade Shiba Inu
The Nasdaq-listed crypto exchange Coinbase makes Shiba Inu cryptocurrency available to New York residents, so they now have access to trade, buy, sell and store SHIB on Coinbase according to an announcement following the exchange adding SHIB trading pairs. So, Coinbase makes this announcement through its official Twitter handle stating “It’s official, SHIB is now available to trade, buy, sell and store on Coinbase for NY residents.” Read Full on Bitcoin News.
– Canada’s IGM Considers Launching Bitcoin, Ether Products From Next Year, 2022
IGM Financial Inc., the Canadian wealth and asset manager, is currently looking at launching crypto products next year(2022), according to information revealed by the firm’s chief executive officer said. James O’Sullivan said in an interview further reveals that Internal discussions on whether and when to launch Bitcoin and Ether products are ongoing. Recall, In February, Canada approved North America’s first exchange-traded fund. Read Full on Bloomberg.
– Electronic Arts CEO Says NFTs, Play-to-Earn Are The Future Of Gaming Industry
Electronic Arts, the company behind gaming sports franchises like FIFA and NBA moves to consider the importance of new technologies such as NFTs and the play-to-earn model for the gaming industry. Andrew Wilson, Electronic Arts’ CEO gives more explanation while having the conversation around NFTs and play-to-earn, noting its still very early and cannot be ignored as an important part of what might be to come in the industry. Read Full on Bitcoin News.
– Banks Continues Recruiting Crypto Talent As Job Postings Increased 615% In August
As per Bloomberg report, some of the Wall Street banking titans have topped 1,000 crypto job positions to their organizations from 2018, seeing how crypto and blockchain related job postings in the U.S. are recording 615% increase in August this year alone.Also, Goldman Sachs has hired a total of 82 crypto professionals, Wells Fargo also hired a total of 74 and JPMorgan Chase hired also a total number of 63. Read Full on BeInCrypto.
– Reddit Looks To Tokenize Karma Points, And Includes 500M New Users
American social media giant Reddit seems to convert users’ karma points into Ethereum-based (ERC-20) tokens and bring in 500 million new crypto users while at it, according to a newly hired Reddit engineer. Reddit engineer, Rahul recent tweets shows Reddit’s move to improve user interaction through various cryptocurrency initiatives. The platform launched its own layer-two rollup using Arbitrum technology for its rewards points “Community Points”. Read Full on cointelegraph.
– Square Reports $1.81B In Bitcoin Revenue, Plans On Increasing BTC Offerings
Digital payments company Square reports $1.81 billion in bitcoin-generated revenue and also goes ahead to give details on plans to increase digital asset investments and exposure in its third quarter earnings report Thursday. Notably, The bitcoin revenue was 11% increase year-over-year with Bitcoin gross profit at $42 million which represents around 2% of bitcoin revenue. Also, Square executives reveal further plans on the digital assets space. Read Full on Blockworks.
– Binance Coin’s Market Cap Records New Height Since May12, Hitting $100Billion
Currently, The market capitalization of Binance Coin (BNB) has recorded a height past the $100 billion mark for the first time since May 12, which of course means that the cryptocurrency is just a slight move away from touching its peak valuation of $108 billion. Notably, Binance Coin had reached its current all-time high of $686 level mark on May 10th. However, it is currently trading at around the $611 level mark on the Binance exchange. Read Full on U.Today.
– Glassnode Reveals Bitcoin Transfer Volumes Hitting $15billion Record Per Day In October
October looked to be a huge successful month for the tip cryptocurrency asset as Bitcoin recorded a new ATH in daily transfer volumes which shows the degree of activity the network experiences and a clear indication of the network’s growing value. According to Glassnode’s analysis of the number of transactions between different entities involving Bitcoin, it shows that bitcoin amassed a record of $15 billion transaction volume per day in Oct. Read Full on.
