Crypto News Cast For September 14th 2021 ?

Crypto News Cast 📮 14-09-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2111 B
📊24h Mcap %: 103.00%
⚠️Bitcoin Dom: 41.70%
📌Active Coins: 6457
📍24h Vol %: -21.38%
💲24h Vol: $114 B

Crypto News Updates :

Ethereum Hashrate Hits New All-Time High on Sunday
Top UK Hedge Fund, Brevan Howard Executes A New Crypto Section
Ark Investment Management Activates Canadian Crypto ETFs Investments For Fund
Interactive Brokers Activates Cryptocurrency Trading Through Paxos Trust Company
MicroStrategy Adds 5,050BTC To Its Holdings, Now Totaling 114,000BTC ($5.1 billion)
Indian govt Reportedly Considering Crypto Trades And Exchanges Tax Payments
Investors Now Grows Interest In Cryptocurrencies And Digital Assets

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– Ethereum Hashrate Hits New All-Time High on Sunday

Ethereum’s hashrate sets new record by hitting a new all time high. It has been seeing an uptrend since June and currently rates at 715.4 terahash/second on Sunday, while OKLink showed it was 677.9 TH/s. Many of these miners that closed down due to Chinsese crackdown since May are all operational now. Also, high demand on the network, like the NFT minting with high priority fees has contributed to keeping miners’ revenue high. Read Full on CoinDesk.

– Top UK Hedge Fund, Brevan Howard Executes A New Crypto Section

Brevan Howard, a United Kingdom-based hedge fund develops a new business division, called “BH Digital,” to handle its crypto and digital assets as a way of expanding its roots into cryptocurrencies and digital assets. The company also hired CMT Digital Chief Executive Colleen Sullivan to lead private and venture investments in crypto, and to also manage an investment committee in birthing a new crypto-tech plan. Read Full on cointelegraph.

– Ark Investment Management Activates Canadian Crypto ETFs Investments For Fund

Ark Investment Management sets up its ARK Next Generation Internet ETF (ARKW) to activate investments in crypto exchange-traded funds (ETFs) in Canada. Also funds can invest in the Grayscale Bitcoin Trust (GBTC). After which they will be listed for trading in Canada (Canadian Bitcoin ETFs), ARKW is currently the second-largest holding in the fund holding over 8.5 million shares of GBTC. Read Full on CoinDesk.

– Interactive Brokers Activates Cryptocurrency Trading Through Paxos Trust Company

Interactive Brokers has partnered with Paxos, one of the first regulated blockchain platforms to launch cryptocurrency trading, listing most popular assets on the market: Ethereum, Bitcoin, Litecoin and Bitcoin Cash. This was influenced by the demands from the company’s clients and other individual investors looking to allocate their funds into digital currencies. People now have the option to trade and invest in cryptocurrencies. Read Full on businesswire.

– MicroStrategy Adds 5,050BTC To Its Holdings, Now Totaling 114,000BTC ($5.1 billion)

Fund Management firm, MicroStrategy bought an additional 5,050 bitcoin, rounding up its total holdings to 114,042 BTC. The company spent $3.16 billion on its entire purchase and since then if has had a 42% profits, with a current worth in value of $51.1billion. The company continues to buy smaller amounts of the asset over time. This latest addition was costed $242.9 million at an average price of $48,099, as they bought before the September 7 price decline. Read Full on theblockcrypto.

– Indian govt Reportedly Considering Crypto Trades And Exchanges Tax Payments

The Indian government seems ready to tax cryptocurrency trades and exchanges in the country, they’re expected to take up the bill that supports these taxes, This information is however not yet confirmed by the Indian government. Its still unclear the government’s stand on the crypto assets, while citizens operating in any crypto ecosystem is expected to pay tax of their income. Read Full on Finbold.

– Investors Now Grows Interest In Cryptocurrencies And Digital Assets

DBS Group Holdings, one of the biggest fund managers in Asia considers growing its digital asset products and increase the number of members on the crypto trading platform, the senior executive of DBS expressed the increasing demand from institutional and corporate investors in the industry and various digital assets. This move by DBS will influence other fund management firms to go into cryptocurrency and digital assets space. Read Full on U.Today.

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