Crypto News Cast For October 1st 2021 ?

Crypto News Cast 📮 01-10-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2090 B
📊24h Mcap %: 186.00%
⚠️Bitcoin Dom: 43.00%
📌Active Coins: 6459
📍24h Vol %: 14.10%
💲24h Vol: $111 B

Crypto News Updates :

Polygon Co-Founder Believes Ethereum Will Overtake Bitcoin, Becoming Leading Crypto Network
Ant Group And Tencent Acquires Huge Number Of Blockchain Patents In China
Spaces Software Engineer Shares Twitter’s Ethereum NFT Verification Quick Trailer Surfaces
Mike Novogratz Predicts Another Bitcoin Rally By The End Of 2021
Blockchain Technology To Be Used By Russian Post In Parcel Tracking
Billionaire Chamath Palihapitiya Thinks That Bitcoin Already Has Replaced Gold
Chair Jerome Powell Claims That The US Will Not Ban Crypto
Missouri Mayor Plans Giving $1,000 Worth In Bitcoin To Every Household
Polygon Daily Active Addresses Hits Milestone, Surpassing Ethereum For First Time
Billionaire Orlando Bravo Is Bullish On Bitcoin

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– Polygon Co-Founder Believes Ethereum Will Overtake Bitcoin, Becoming Leading Crypto Network

Polygon’s co-founder, Sandeep Nailwal believes that Ethereum is close to overtaking and replacing bitcoin as dominant layer-1 protocol, as “the ultimate settlement layer” for the DeFi space. He believes that Ethereum run isn’t over and shouldn’t be compared with other layer-1 protocols like Solana, saying that polygon is going to have a determining role to ensure the long-term dominance of Ethereum through its scalability solution. Read Full on cointelegraph.

– Ant Group And Tencent Acquires Huge Number Of Blockchain Patents In China

Local media Securities Times reports, Wang Jianwei, the deputy head of the information technology development division at China’s Ministry of Industry and Information Technology reveals that China currently has over 1,400 blockchain companies and more than 40 industrial parks. Also the reports shows that Alibaba fintech affiliate, Ant Group acquired 631 blockchain-related patents while Tencent has 307 patents, and blockchain company 33.cn with 86. Read Full on Forkast.

– Spaces Software Engineer Shares Twitter’s Ethereum NFT Verification Quick Trailer Surfaces

According to Twitter Spaces software engineer Mada Aflak, Twitter verification will coming for NFTs. He displayed a fast demo where a person would click on their avatar and select an NFT from their crypto wallet i.e.. after downloading their NFTs from OpenSea, a popular marketplace for the digital collectibles and where people put NFT in their avatar together with the customary blue checkmark to indicate that they’re the true owner of the image. Read Full on Decrypt.

– Mike Novogratz Predicts Another Bitcoin Rally By The End Of 2021

Galaxy Digital CEO Mike Novogratz recently makes claims on bitcoin going for another rally by the end of 2021. He explains his views while speaking during his Wednesday appearance on CNBC. He explains that the current price level of bitcoin at $40,000 is an important stage and calls it “consolidation mode,”. He noted it’s likely to touch $38,000 before making another wild run into the end of the year. Read Full on U.Today

– Blockchain Technology To Be Used By Russian Post In Parcel Tracking

The national postal operator of Russia sets out plans to deploy a parcel tracking system that will rely on blockchain technology, as a way of digital transformation strategy and improve the efficiency of its logistics, Pochta Rossii and also expected to bring down the number of lost shipments. The introduction of this blockchain-based tracking system will start by 2023 with about almost $525 million worth of investment pouring in by the end of 2025. Read Full on Bitcoin News.

– Billionaire Chamath Palihapitiya Thinks That Bitcoin Already Has Replaced Gold

During The CNBC’s Delivering Alpha conference, The Social Capital CEO Chamath Palihapitiya expressed his views that Bitcoin have “effectively replaced” gold, noting that Bitcoin’s market cap will continue growing and gaining more grounds. He onced predicted Bitcoin to hit $200,000, also mentioned that crypto could become “very big” and urges his audience to all pay close attention to the market as he concludes. Read Full on U.Today

– Chair Jerome Powell Claims That The US Will Not Ban Crypto

During a Thursday hearing held by the House Committee on Financial Services, the U.S. Federal Reserve Chairman Jerome Powell explains that there’s no plans by the US to Ban cryptocurrencies like in the case of China’s crackdown. He goes further to say that The Fed has no intention on restricting the use of digital asset, then added that cryptocurrencies have to be regulated, especially stablecoins. Read Full on U.Today

– Missouri Mayor Plans Giving $1,000 Worth In Bitcoin To Every Household

Jayson Stewart while being interviewed by Bitcoin Magazine says that bitcoin has given him a new way to think about humanity in the future terms and that motivates him into planning on giving every household in Cool Valley $1000 worth of Bitcoin. Cool Valley is a small town in the st. Louis county area with about 1,500 residents, the mayor notes that this will change and improve Cool Valley, while helping people along the way financially. Read Full on Bitcoin Magazine.

– Polygon Daily Active Addresses Hits Milestone, Surpassing Ethereum For First Time

The Daily active addresses on the Polygon blockchain hits a another major breakthrough with newest milestone of crossing that of Ethereum for the first time as revealed by Polygon co-founder Mihailo Bjelic in a on September 27, noting that number of MATIC addresses settles at 351,000 surpassing Ethereum’s 326,000. This is caused by how the network helps in reducing gas fees and thereby increasing transaction speeds while maintaining network security. Read Full on cointelegraph.

– Billionaire Orlando Bravo Is Bullish On Bitcoin

Orlando Bravo, the cofounder of private equity firm Thoma Bravo, opens up to CNBC today, stating that he has big investment in bitcoin as he believes the assets has what it takes for a potential bullish rally over the coming years. Thoma Bravo was part of the Series B funding round for bitcoin exchange FTX which is currently valued at $18 billion. Also Bravo has more than $83 billion in assets under custody. Read Full on Bitcoin magazine.

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