Crypto News Cast For September 17th 2021 ?

Crypto News Cast 📮 17-09-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2124 B
📊24h Mcap %: -31.40%
⚠️Bitcoin Dom: 42.10%
📌Active Coins: 6457
📍24h Vol %: -3.85%
💲24h Vol: $104 B

Crypto News Updates :

Notable Bitcoin Rush Among Baby Boomers As Reported By BTC Markets
Morgan Stanley To Create A Cryptocurrency Research Team, Bloomberg Reports
Cuba Now Uses Cryptocurrency As Payments Option, As Regulations Goes Live
EU Sets Aside $177B For Investing In Blockchain And Other Notable Technologies
Bitcoin Is Set To Hit $100k Price Mark By Year End
Coinbase Launch Applies For Permission To Offer Futures And Derivatives Trading
Over $1B Worth Of ETH Burned Since London Hard Fork Upgrade
Bronze Statue of Legendary Satoshi Nakomoto Goes Up in Budapest
Bitcoin Or Ether Will Be Accepted For Sotheby’s $6Million Diamond Necklace

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– Notable Bitcoin Rush Among Baby Boomers As Reported By BTC Markets

New data from Australian cryptocurrency exchange BTC Markets reveals that noticed older Australians are seeing crypto assets as viable investments, with Baby Boomers(those born between 1946 and 1964) now comprise 5% of the platform’s estimated 325,000 customer base. Data also shows that more than quarter of the exchange’s customers are investors who are over 44yrs and this because they have more money to invest. Read Full on cointelegraph.

– Morgan Stanley To Create A Cryptocurrency Research Team, Bloomberg Reports

Morgan Stanley, one of the largest banks in the United States is launching out a new crypto-focused research section, according to Bloomberg. Sheena Shah will become the lead cryptocurrency analyst for this cryptocurrency research team. Shah will analyze the impact of cryptocurrencies on treasury and corporate bonds. This new development is caused by the growing adoption of cryptocurrencies and other digital assets in the global space. Read Full on cointelegraph.

– Cuba Now Uses Cryptocurrency As Payments Option, As Regulations Goes Live

Banco Central de Cuba (BCC), the country’s central bank now permits cryptocurrencies like Bitcoin (BTC) as a method of payment in the country. Cuba’s official state news agency Prensa Latina reports that the order came into effect on Wednesday. This means that commercial transactions and investments in Cuba can now be done with cryptocurrencies. This will also help the country get off U.S Sanctions just like El Salvador. Read Full on cointelegraph.

– EU Sets Aside $177B For Investing In Blockchain And Other Notable Technologies

According to information from Bloomberg, the European Union is searching for technological development in the region to invest a whooping $177 billion, targeting areas such as blockchain, data, infrastructure, 5G, and quantum computing, among others. The $177billion is about 20% of the 750 billion Euros ($887 billion) stimulus package to help economic recovery during the ongoing COVID-19 pandemic approved by the EU. Read Full on cointelegraph.

– Bitcoin Is Set To Hit $100k Price Mark By Year End

Bloomberg Intelligence chief commodity strategist Mike McGlone insits that bitcoin is on its way to hit $100,000 price mark by the end of the year, noting that Bitcoin has a steady average annual price growth as popular bitcoin trend suggests. McGlone also highlighted that bitcoin’s diminishing supply is another influencer for the $100,000 price mark, which many supporters believe that Bitcoin is the best hedge against inflation. Read Full on Finbold.

– Coinbase Launch Applies For Permission To Offer Futures And Derivatives Trading

North America’s largest crypto exchange Coinbase has launched an application on Sept 16 with the National Futures Association (NFA) to register as a Futures Commission Merchant (FCM). This will allow futures and derivatives products on the exchange. Also, this move is inspired by the platform’s vision of gaining more expansion into the crypto economy with them now offering futures and derivatives trading. Read Full on BeInCrypto.

– Over $1B Worth Of ETH Burned Since London Hard Fork Upgrade

Dune Analytics reveals that a total of 303,681.05 Ether, which is worth $1.032 billion has been burned since the last network upgrade. This burning mechanism was added to solve the issue of the high fees miners go through to process transactions. The activation of the London hard fork Upgrade helps to solve this high feed issue, non-fungible tokens (NFTs) and decentralized application (dApps) has also contributed to Ethereum’s growing demands. Read Full on CryptoPotato.

– Bronze Statue of Legendary Satoshi Nakomoto Goes Up in Budapest

Bronze statue of legendary Bitcoin creator Satoshi Nakamoto is now displayed for visitors of Graphisoft Park in Budapest. An unveiling ceremony was held on Thursday. András Győrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, shared with journalists and Hungarian residents before revealing the face of Satoshi that “Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value.” Read Full on cointelegraph.

– Bitcoin Or Ether Will Be Accepted For Sotheby’s $6Million Diamond Necklace

The high-class auction house, Sotheby’s will be placing a diamond necklace designed by iconic jeweler Harry Winston for auction, where prospective buyers can pay with cryptos like Bitcoin, Ether and USD Coin. Coinbase Commerce, the e-commerce arm of the largest U.S. exchange will be in charge of the transaction. This new auction will take place on September 24 in Hong Kong, the masterpiece will be sold for $6Million Worth In Crypto. Read Full on U.Today.

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