Crypto News Cast For September 5th 2021 ?

Crypto News Cast 📮 05-09-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2290 B
📊24h Mcap %: 17.50%
⚠️Bitcoin Dom: 41.20%
📌Active Coins: 6454
📍24h Vol %: -1.86%
💲24h Vol: $119 B

Crypto News Updates :

99% Ether Holders On Profit As Ethereum Makes $4k Price Return
Over $1billion Stacked Into IOTA With 25% Price Spike In 24hours
Chainalysis CEO Says Bitcoin Could Pass $100k Mark By Year End
47% Growth In Crypto Market Within 30days With $0.7 trillion Inflows
Cardano To Display Technological Capabilities In African Countries Starting With Ethiopia
BBVA Switzerland Designs New Digital Account With Full Crypto Wallet Integration
India Comes Up With New Strategy For Its Cryptocurrency Regulations
Australia Crypto Adoption Grows, Tops USA and UK, Only Behind Nigeria
Tezos Partners With Leading DeFi Platform, EQIFI To Launch Lending Products

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– 99% Ether Holders On Profit As Ethereum Makes $4k Price Return

Cryptocurrency Analytics firm Glassnode released some data showing that the percentage of Ethereum addresses in profit has reached 99 percent, as Ethereum records its highest mark since May 15(when it saw a peak of $4,356 price mark), with $4,025 price mark. This recent rise for ethereum is influenced by the wide adoption of decentralized finance and non-fungible tokens as it records 137 percent from its local bottom of $1,698. Read Full on U.Today

– Over $1billion Stacked Into IOTA With 25% Price Spike In 24hours

IOTA (MIOTA), a distributed ledger protocol responsible for consensus and transaction confirmation with a technology called Tangle sees 25% spike in the last 24 hours adding over $1 billion to its market cap as its currently on $1.50 price mark. IOTA is popularly known to be a strong altcoin, designed for microtransactions which has caught many insterest even as its Hornet update draws near, targeted at activating automatic peering. Read Full on Finbold.

– Chainalysis CEO Says Bitcoin Could Pass $100k Mark By Year End

Chainalysis CEO and co-founder of Kraken crypto trading platform Michael Gronager has given his thoughts on the bullish run of bitcoin saying Bitcoin could go beyond a $100,000 price mark before the end of the year. He believes that Bitcoin and Ethereum are on steady upward movement. Gronager believes we are still in the bull market as many institutions, government and investors are showing major interest and move into the market. Read Full on Finbold.

– 47% Growth In Crypto Market Within 30days With $0.7 trillion Inflows

As reported by CoinMarketCap.com, the crypto market value is now worth $2.28 trillion, growing by 47% in the last 30 days with $0.73 trillion addition in value, more figures reveals $134.82 billion added in the previous 24 hours. This is because of the massive adoption and interest growth in decentralized finance (DeFi) currently has $14.96 billion total volume. Crypto trader and analyst Michael van de Poppe said the market is in its second bull run phase. Read Full on Finbold.

– Cardano To Display Technological Capabilities In African Countries Starting With Ethiopia

IOHK director of African operations James O’Connor highlights Cardano (ADA) reveals plot to display Cardano’s technological capabilities in Ethiopia and other nations across the continent, targeting around seven or eight more nations in Africa, this comes after ADA pulled a deal to digitize Ethiopia’s education industry. O’Connor emphasized that the vision is to bring financial services to unbanked populations while stepping up the ADA network. Read Full on The Daily Hodl.

– BBVA Switzerland Designs New Digital Account With Full Crypto Wallet Integration

The Swiss subsidiary of Spain’s banking firm Banco Bilbao Vizcaya Argentaria (BBVA) declares the development of a digital account with the purpose of meeting the needs of clients with interest in investing into sustainable sectors and even in crypto-assets. The product is offered in Mexico, Colombia, Argentina, Peru, and Chile among other countries, with a minimum deposit requirement of $10,000 to open an account and also crypto wallet is fully integrated with the bank’s mobile app. Read Full on Bitcoin News.

– India Comes Up With New Strategy For Its Cryptocurrency Regulations

India is reported to have new plans for its cryptocurrency regulation system, and to define crypto assets based on there use cases as reported by The Economic Times. The government would treat cryptocurrencies as an asset/commodity for all purposes ranging from taxation payments, investment or utility. Nischal Shetty, CEO of crypto exchange Wazirx commended the move, saying it’d bring clarity for the entire industry and attract entrepreneurs into the market. Read Full on Bitcoin News.

– Australia Crypto Adoption Grows, Tops USA and UK, Only Behind Nigeria

A recent study published by independent research group Finder shows that roughly 4,281,173 out of 25,687,041 Australians currently own crypto, exceeding the total population of Wales in the United Kingdom (3.136 million), 2× the population of the Canary Islands (2.207 million), and 6× the population of Atlanta, Georgia in the United States (488,800). This makes Australia the foremost adopters of crypto in the English-speaking world, only behind Nigeria. Read Full on BeInCrypto.

– Tezos Partners With Leading DeFi Platform, EQIFI To Launch Lending Products

Tezos, the blockchain platform of decentralized governance builds up new partnership with leading DeFi platform EQIFI to offer support for Tezos blockchain ecosystem, making EQIFI the first seamless global bridge to DeFi offering staking and borrowing services to its customer base. EQIFI chairman Jason Blick considers this move as a good opportunity for EQIFI to come up at the top of the DeFi industry with Tezos exposure, influence and support. Read Full on CryptoPotato.

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