Crypto News Cast For September 29th 2021 ?

Crypto News Cast 📮 29-09-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1880 B
📊24h Mcap %: 0.89%
⚠️Bitcoin Dom: 42.30%
📌Active Coins: 6459
📍24h Vol %: -2.33%
💲24h Vol: $89 B

Crypto News Updates :

More Institutional Investors Buy The Dip Amid China FUD Crash
Sources – Revolut Plans To Launch A Crypto Token Upon FCA’s Approval
Bitcoin Nuclear Mining Hub Gets The Support Of Miami Mayor Suarez
Bitcoin Lightning Nodes And Channels Hits All Time Highs In New Records
Chainlink Whales Buys $1.45Billion LINK, Now Holds 1-10 Million Coins
Miami Residents Could Pay Taxes in Bitcoon, Plans Already In Motion
Europe Is Now The Largest Crypto Economy, Having Over $1T In Transactions
Bitcoin Payment Options Goes Active On Verifone For US Merchants
Billy Gibbons, ZZ Top Frontman Chooses Cardano For Music NFT Launch
Coinbase Users Are Now Allowed To Make Paychecks Deposits Directly To Accounts

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– More Institutional Investors Buy The Dip Amid China FUD Crash

Despite China’s recent FUD, records reveals that more institutional investors are buying the dip with the digital asset investment products records amounting to $95 million worth of inflows between September 20 and 24. This reflects a positive sentiment from the investors as BTC and Ether investment products leads the chart with $50.2 million and $28.9 million worth of inflows respectively, while recording a sixth consecutive week of inflows. Read Full on cointelegraph.

– Sources – Revolut Plans To Launch A Crypto Token Upon FCA’s Approval

Revolut, the $33 billion valuation fintech company offering cryptocurrency buying as part of its services, is currently considering launching its own crypto token, saying it’ll be something like an exchange token, like the Binance’s BNB. However, the timing of Revolut token launch is dependent on the U.K.’s Financial Conduct Authority (FCA) approval. The location launch targets are Europe and some other locations outside the U.S. as of now. Read Full on Coindesk.

– Bitcoin Nuclear Mining Hub Gets The Support Of Miami Mayor Suarez

Mayor Suarez while talking to the Wall Street Journal mentions that concerns about Bitcoin’s environmental impact is due to many mining that was done in coal-producing countries, saying that Nuclear power plants will reduce the opportunity cost for miners because they need only internet connection to move momentary energy for little fees. He strongly wants the adoption of innovative tech in Miami, and urges his audience to vote in a pro Bitcoin president. Read Full on Bitcoin Magazine.

– Bitcoin Lightning Nodes And Channels Hits All Time Highs In New Records

The number of Lightning Network nodes see 160% rise over the past 12 months hitting 15,600 highs. Also, the number of channels rose by 170% since January hitting 73,000, represents an average of 4.6 channels per node as revealed by on-chain analytics provider Glassnode’s Sept. 27 Week on-Chain report. The network’s capacity sits at an all-time high of 2,904 BTC equivalent to $123 million at current prices. Read Full on cointelegraph.

– Chainlink Whales Buys $1.45Billion LINK, Now Holds 1-10 Million Coins

The on-chain analytics data vendor Santiment reveals in a recent tweet how large crypto investors purchased a massive amount of 1-10 million LINK from “weak hands” last week, adding 3.4% of the total LINK supply to their crypto storage room which is equivalent to $1.45 billion in fiat. In overall view, whales acquired nearly 62.02 million LINK during this markets all round dip. Link continues partnering with other blockchain platforms. Read Full on U.Today

– Miami Residents Could Pay Taxes in Bitcoon, Plans Already In Motion

Miami’s mayor, Francis Suarez has now become a reoccurring political name in the cryptocurrency community especially from holding the the largest Bitcoin conference in his city earlier this year, the mayor holds BTC and ETH. He hinted that procedures to allow Miami residents pay their taxes with bitcoin is already in motion, also urging proper exposure of cryptocurrencies to governments while adding it’s part of his team’s purpose. Read Full on CryptoPotato.

– Europe Is Now The Largest Crypto Economy, Having Over $1T In Transactions

According to new research from blockchain analytics firm Chainalysis released on Tuesday shows that the region of central, northern and western Europe, or CNWE is now considered as the world’s most active cryptocurrency sector, receiving over $1 trillion worth of digital assets over the past year. This amounts to 25% of global crypto activity, with transaction volumes spiking up, especially decentralized finance. Read Full on cointelegraph.

– Bitcoin Payment Options Goes Active On Verifone For US Merchants

According to a recent announcement by the payments solution firm, Verifone, it’s ready to allow Bitcoin payments on in-store and eCommerce Cloud Services platforms in the United States. These options came into play after the new partnership with the world’s largest bitcoin service provider, BitPay. Verifone has 600,000 merchants worldwide and runs 10.4 billion online and in-store transactions annually. Read Full on Businesswire.

– Billy Gibbons, ZZ Top Frontman Chooses Cardano For Music NFT Launch

As revealed by the recent blog post by Cardano Foundation, Billy Gibbons will be releasing his newly played music NFTs on the Terra Virtua platform for digital collectibles, which will be up for auction by Cardano over the weekend that is same week the Cardano Summit 2021 will go live. Users can pay in fiat or in Cardano’s native cryptocurrency, ADA through the COTI AdaPay system, also ZZ Top frontman reveals he’s excited about the project. Read Full on U.Today

– Coinbase Users Are Now Allowed To Make Paychecks Deposits Directly To Accounts

In a Monday blog post, Coinbase senior director of product Prakash Hariramani had said that the exchange will start offering direct deposits for workers, using their paychecks to purchase crypto with no transaction fees. This means that Users can make direct deposits through a supported payroll company on the Coinbase app, or through a company’s human resources department. Read Full on cointelegraph.

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