Crypto News Cast 📮 02-12-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2603 B
📊24h Mcap %: -66.29%
⚠️Bitcoin Dom: 41.10%
📌Active Coins: 6467
📍24h Vol %: 1.78%
💲24h Vol: $123 B
Crypto News Updates :
- CashApp Mobile Payment Service Officially Adds Bitcoin Taproot Support
- CitaDAO Integrates Chainlink Feature To Provide Tokenized Real Estate For DeFi
- Capital Venture Firm, Borderless Capital Announced Fund Launch For Algorand Projects
- Ethereum Mega Whales Bags Up 0.59% of ETH Total Supply
- Cardano Surpasses The 20Million Transactions Without Having A Single Outage In 4yrs
- Bitcoin Now The World’s Most Efficient Value Settlement Network
- Fidelity Officially Launches Spot Bitcoin ETF In Canada, Rather Than America
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– CashApp Mobile Payment Service Officially Adds Bitcoin Taproot Support
The popularly known Cash App mobile payment service which was developed by Square, being used for the purpose of transferring money with the usage of a mobile app, now officially supports the Bitcoin taproot update. Also, The mobile payments service is currently available in the U.S. and the U.K. and still records 70 million annual transactions between users and generates $1.8 billion in gross profit.Read Full on U.Today.
– Retail Giant Newegg Reveals Plans To Show Support For Shiba Inu Support
Online Giant retailer Newegg (Nasdaq: NEGG) has announced it is considering and planning to accept the meme cryptocurrency shiba inu (SHIB) for payments Tuesday. Notably, Newegg is one of the leading tech-focused online retailers in North America, having a global reach in Europe, Asia Pacific, Latin America, and the Middle East. Also, It focuses on computer parts, PC components, laptops, gaming systems, automotive parts, and office supplies. Read Full on Bitcoin News.
– CitaDAO Integrates Chainlink Feature To Provide Tokenized Real Estate For DeFi
CitaDAO will be integrating industry-leading oracle solution Chainlink so as to unlock tokenized real estate use cases in DeFi. Then, create a Real Estate powered Decentralized Finance (DeFi) ecosystem on Ethereum. This will provide sustainable yield farms powered by real estate that are composable with DeFi applications. The integration will leverage Chainlink oracle infrastructure to bring a reliable real estate valuation data feed to the DeFi ecosystem. Read Full on Cryptoslate.
– Capital Venture Firm, Borderless Capital Announced Fund Launch For Algorand Projects
The Capital venture firm Borderless Capital announced launching a fund worth $500 million inorder to support projects building on the Algorand blockchain. As per a Nov. 30 announcement from the Miami-based company, the Borderless ALGO Fund II will target to show support for digital assets powering the “next generation” of decentralized applications (DApps) on Algorand blockchain.Read Full on cointelegraph.
– Ethereum Mega Whales Bags Up 0.59% of ETH Total Supply
Data from on-chain analytics firm Santiment notes that Ethereum’s mega whale addresses, considered as entities holding 100,000 to 10 million ETH, have also accumulated about 734,800 ETH within the last 12 days, indicating around 0.59% of ETH’s total supply. Also, Ethereum’s price declined to the lows of $4,000 many times since mid-November, which gave room for whales to bag some more loads.Read Full on U.Today.
– Cardano Surpasses The 20Million Transactions Without Having A Single Outage In 4yrs
Cardano (ADA), the sixth-largest cryptocurrency by market value, has just hit a major milestone as per the total number of transactions. Cardano, the world’s biggest proof-of-stake (PoS) blockchain has now surpassed the milestone of 20 million transactions and this was only accomplished without a single day of outage on the Cardano network. On 15th Nov, Cardano recorded twice the transaction volume as Ethereum with $18.24 billion. Read Full on Finbold.
– Bitcoin Now The World’s Most Efficient Value Settlement Network
On-chain analytics shows that Bitcoin is the most efficient value settlement network with over $60 trillion in transfer volume to date in change-adjusted transfer volume. About 70% of the total value transferred on the network, in USD terms, is from 2021. Total transfer volume and change-adjusted volume is seeing growth of 5.5x and 5.1x from last year, respectively. Of course, That doesn’t include the pending December volume for this year either. Read Full on Bitcoin Magazine.
– Fidelity Officially Launches Spot Bitcoin ETF In Canada, Rather Than America
Fidelity Investments, a Boston-based investment company having more than $4 trillion in assets under management, is recently launching an exchange-traded fund (ETF) backed by physical Bitcoin. Also, One of the world’s largest asset managers, Fidelity Advantage Bitcoin ETF (FBTC) will be rolling out on the Toronto Stock Exchange rather than in the U.S, and this doesn’t speak well about the American market and Investors.
