Crypto News Cast For November 21st 2021 ?

Crypto News Cast 📮 21-11-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2664 B
📊24h Mcap %: 92.20%
⚠️Bitcoin Dom: 42.30%

📌Active Coins: 6466
📍24h Vol %: -2.57%
💲24h Vol: $102 B

Crypto News Updates :

Frank Holmes Says Bitcoin And Ethereum To Spike By Over 1,600%
Square Brings Out The White Paper For Decentralized Bitcoin Exchange
El Salvador’s Banks Are Not Endangered By Bitcoin, They Can Coexist
BinanceUS Looks Into Raising Hundred Million Dollars Before It’s Public Offering
Foundry USA Now The Second Largest Bitcoin Mining Pool After China ban
Strike Launches Twitter Tips For Android Users Wishing To Use The Feature
Mark Cuban In Partnership With Soda Company, Offers Bitcoin College Grant
Bloomberg’s Mike McGlone Shows Bitcoin Clear Bull Market With Charts

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– Frank Holmes Says Bitcoin And Ethereum To Spike By Over 1,600%

The CEO of an investment firm, having billions of dollars in assets under management is coming out with predictions on the price of Bitcoin (BTC), saying the top Cryptocurrency will hit seven figures while Ethereum (ETH) will reach six figures. Also, The U.S. Global Investors head Frank Holmes highlights how Bitcoin’s scarcity and the growing adoption will become a major drive for Bitcoin to appreciate by 1,600% over the next decade. Read Full on dailyhodl.

– Square Brings Out The White Paper For Decentralized Bitcoin Exchange

Square, the financial services company led by Twitter’s Jack Dorsey, is planning to go deeper with Bitcoin and do more than just permit people to buy it on its Cash App. So, it’s currently building a way for people to trade BTC and fiat on the type of decentralized exchange (DEX) that’s similar to Ethereum. Notably, Square’s TBD division, first announced in July and has today, released a white paper presenting tbDEX. Read Full on Decrypt.

– El Salvador’s Banks Are Not Endangered By Bitcoin, They Can Coexist

During “The Impact of Bitcoin on Commercial Banks” held at LaBitConf 2021 on November 18 in El Salvador, it was revealed at a panel discussion that banking executives in the region do not consider Bitcoin as a danger and then, also feel that they can coexist. Notably, during the ninth edition of LaBitConf, Leandro Guini, the CEO of red SERFINSA, a digital payment processor for banks in El Salvador, confirms there are benefits for both parties. Read Full on Finbold.

– BinanceUS Looks Into Raising Hundred Million Dollars Before It’s Public Offering

Changpeng Zhao ,Chief Executive Officer of Binance announced that Binance US (the American arm of the cryptocurrency exchange) is going to raise hundreds of millions of dollars in a funding round and will soon go its Initial Public Offering. Zhao (commonly known as CZ) while Speaking at the Bloomberg New Economy Forum in Singapore confirms he does not know the exact number of the fresh funding, but notes it’s going to be a reasonable amount. Read Full on bloomberg.

– Foundry USA Now The Second Largest Bitcoin Mining Pool After China ban

New York-based crypto-mining service provider Foundry USA is taking the first step to becoming the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% increase share of the network. As per data from BTC.com, the Digital Currency Group-owned Foundry USA is just behind the pool leader AntPool by a hash rate of just 4,000 PH/s, of course, contributing to a 17.76% network share at the time of writing. Read Full on cointelegraph.

– Strike Launches Twitter Tips For Android Users Wishing To Use The Feature

Strike’s new Twitter tip feature is now active on Android as per a recent official announcement by the Strike app, however there’s yet no specific information on regional availability is forthcoming. Strike’s API integration with Twitter is bringing a direct payment option to Twitter, where users wishing to send a tip on Android just need to tap “Edit Profile”, select “Tips”, select “Allow Tips”, and then a list of payment options will pop-up.Read Full on BeInCrypto.

– Mark Cuban In Partnership With Soda Company, Offers Bitcoin College Grant

Shark Tank star and billionaire investor Mark Cuban is going into a partnership deal with soda brand Dr. Pepper in order to offer a Bitcoin (BTC) college tuition grant. According to Dr. Pepper reports, Jill B, a business major at UC Berkeley, and Kaitlyn O, a computer science major at Boston University, were chosen from a pool of student applicants to compete in a “Bitcoin toss”, with the winner to have $23,000 worth of Bitcoin for tuition support. Read Full on dailyhodl.

– Bloomberg’s Mike McGlone Shows Bitcoin Clear Bull Market With Charts

Mike McGlone, Bloomberg Intelligence Commodity Strategist goes on to Twitter to talk about the four causes behind the optimism of Bitcoiners. Mike McGlone shares three graphs: the dynamics of Bitcoin’s (BTC) average annual price, Bitcoin’s Liquid Index (1Q timeframe) and the ratio between the Bitcoin price’s 260-day volatility and the same indicator for the S&P index. He also adds that Bitcoin is still experiencing increasing adoption. Read Full on U.Today.

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