Crypto News Cast For October 10th 2021 ?

CCNC
7 Min Read

Crypto News Cast 📮 10-10-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2308 B
📊24h Mcap %:        7.16%
⚠️Bitcoin Dom:        45.10%
📌Active Coins:       6459
📍24h Vol %:           -3.48%
💲24h Vol:                $92 B

Crypto News Updates :

  • 50% Of El Salvador’s Population Of 6.4 Million Now Uses Bitcoin
  • Indian TikTok Competitor Chingari Raises $19 Million For Social Token Development
  • Sri Lanka Delegates A Committee For Crypto Mining And Blockchain Implementation
  • Bitcoin Positioned To Move Close To Six-Figure Price By Year-End
  • Ndamukong Suh Regrets Not Investing His Riches In Bitcoin In 2015
  • Immutable Holding CEO Describes Bitcoin As “gold 2.0”, Targets $20 trillion Market Cap
  • BlockFi Files For Bitcoin Futures ETF With Possible Approval Chances
  • Shiba Inu Packs Over 30,000 New Holders In Two Weeks
  • $15,547,000,000 Crypto Venture Funding Amount Raised In Nine Months


Register at the best leverage exchanges


– 50% Of El Salvador’s Population Of 6.4 Million Now Uses Bitcoin

According to an announcement made by Nayib Bukele, El Salvador’s president, said on Sunday, the country now hits a milestone of 3 million Salvadorans out of 6.4 million Population using the Government approved chivo wallet. This amounts to a total 50% of the country’s population using the flagship cryptocurrency, where transactions are free on the app. The country currently holds 700 bitcoin, which is technically worth about $40 million. Read Full on Trustnodes.

– Indian TikTok Competitor Chingari Raises $19 Million For Social Token Development

$19million was raised through a token by Chingari, an indian short-form video sharing platform, also it plans to launch its own social token called $GARI on the Solana Blockchain. Sale participants includes Republic Crypto, Galaxy Digital, Alameda Research, Solana Capital, Kraken, Blackpine, NGC, Coinfund, LD Capital, Borderless Capital, AU21 and others. This will be used to establish an e-commerce storefront for their physical merchandise. Read Full on theblockcrypto.

– Sri Lanka Delegates A Committee For Crypto Mining And Blockchain Implementation

According to a letter shared on 8th October, Sri Lanka’s director general of government information, Mohan Samaranayake announced their recent proposal for attracting investments in the country’s blockchain is already approved by the authorities. Lanka is setting up a committee for blockchain implementation and crypto mining technology exposure, as the authorities notes the importance of integrating a system of digital banking. Read Full on cointelegraph.

– Bitcoin Positioned To Move Close To Six-Figure Price By Year-End

In a recent report, Cryptocurrency exchange Kraken explains how Bitcoin is having the best performances in the last three months of the year, saying that bitcoin is positioned to end the year with a massive surge that will double its value ie. Touching close to $100,000. Kraken also notes that October seems a more volatile month than September as the asset has already seen a 25% increase from $43,820. Read Full on The Daily Hodl.

– Ndamukong Suh Regrets Not Investing His Riches In Bitcoin In 2015

The Young professional, Tampa Bay Buccaneers defensive end, Ndamukong Suh in a recent tweet made comments about his financial strategies and his past mistakes. The winner of the Super Bowl this year explains that he could’ve used $50,000 spent at a club in 2015 to have bought into bitcoin, saying it’d have been worth around $11.4m today. He only spent his money on houses and cars and others irresponsibly. Read Full on Decrypt.

– Immutable Holding CEO Describes Bitcoin As “gold 2.0”, Targets $20 trillion Market Cap

While speaking to Kitco News, Jordan Fried, CEO and chairman of blockchain portfolio provider Immutable Holdings makes predictions for the largest cryptocurrency, saying it has the potential to hit the 1 million price tag, especially if all the coins are mined. Then, he goes on to describe bitcoin as the second version of gold and expects its price to rise way above its recent spike and will overtake gold’s market value of around $10 trillion. Read Full on Finbold.

– BlockFi Files For Bitcoin Futures ETF With Possible Approval Chances

Bitcoin lending platform BlockFi is joining the line of many platforms waiting for approval from the SEC as it files for a bitcoin futures exchange-traded fund (ETF) in the U.S.Bloomberg reports according to the platform’s ETF Analysts that the SEC will issue approval to at least four offerings in this month, Oct. BlockFi’s ETF could be the fifth, However not before ProShares, Valkyrie, VanEck, or Galaxy, all others which filed first. Read Full on Bitcoin Magazine.

– Shiba Inu Packs Over 30,000 New Holders In Two Weeks

According to reports, the decentralized meme token Shiba Inu (SHIB) has packed up more than 30,000 new holders in just over two weeks. The reports from Sept 21 shows the token having 668,810 Shiba Inu holders but currently at Oct 8, there is a record of 699,971 holders in total, amounting to an addition of 31,161 new holders, this growth is attributed to Elon Musk recent Tweet of a photo of his Shiba Inu puppy, Floki. Read Full on Finbold.

– $15,547,000,000 Crypto Venture Funding Amount Raised In Nine Months

As revealed by distributed ledger market intelligence platform Blockdata, the blockchain networks bagged a record of $6.58 billion in funding in the third quarter of the year, meaning it broke its previous all-time high of $5.13 billion. Notably, In the first quarter, they raised $3.83 billion during the first quarter, amounting to a total of $15.54 billion funds raised in the first nine months of 2021. Read Full on The Daily Hodl.
Share This Article
What Is Cryptocurrency? Crypto Token: Crypto Coin & Crypto Token: Know The Difference