Crypto News Cast For December 17th 2021 ?

CCNC
7 Min Read

crypto news cast december 17th 2021 ?
Crypto News Cast 📮 17-12-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2186 B
📊24h Mcap %:       -6.18%
⚠️Bitcoin Dom:        40.60%

📌Active Coins:       4471
📍24h Vol %:          -0.38%
💲24h Vol:               $101 B

Crypto News Updates :

  • ETH2.0 Hits an All-time High of Over $33 Billion Deposit
  • Binance Partners with Indonesian Telco to Build New Crypto Exchange
  • Doge Developer Claims To Mint The First Ever NFT On Dogecoin Blockchain
  • Shiba Inu Drops to 3rd Place Among Ethereum Whales
  • Solana Records Over $5.5 Billion Inflows in a Day Following Turbulent Week
  • Nexon America has Started Accepting a Slew of Cryptocurrencies For in-game Purchases
  • Coinbase President on Future of Crypto Regulation and Global Adoption
  • S&P Index Funds Launched as Crypto Tokens
  • IMF Chief Economist Opposes Crypto Ban, Recommends Crypto Regulation
  • Largest Credit Union in Idaho Now Offers Bitcoin Buying and Selling

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– ETH2.0 Hits an All-time High of Over $33 Billion Deposit

According to a data provided by Glassnode, the total ETH 2.0 deposit contracts had attained a new all-time high of 8,662,786 ETH, as of December 15. Based on Ethereum’s price of $3,864 at press time, the deposit value stands at $33 billion. However, investors are already harnessing and gearing up for the staking functionality by continuing to deposit Ether. Read Full on Finbold.

– Binance Partners with Indonesian Telco to Build New Crypto Exchange

Major crypto exchange Binance partnered with MDI Ventures, a major Indonesian technology investment firm, with a global portfolio worth over $830 million across several industries, to launch a crypto exchange platform and bring Blockchain adoption and application to 240 million Indonesians. Binance will provide asset management infrastructure and technology as a way to to assist with the development of the new exchange platform. Read Full on cointelegraph.

– Doge Developer Claims To Mint The First Ever NFT On Dogecoin Blockchain

Dogecoin developer, shared details of the DOGE-powered NFT in a tweet ,on Dec 13.The developer tagged Dogecoin core developers and co-creator Billy Markus in the Twitter update and said he would share how to transfer NFT ownership after he received feedback. According to the developer, the cost to mint the NFT on the Dogecoin blockchain was 0.01 DOGE worth just $0.0018 Read Full on Finbold.

– Shiba Inu Drops to 3rd Place Among Ethereum Whales

According to market data, Shiba anti-record’s in daily volatility. The meme token has lost its previously gained first place and is now in third place with 5.9% dominance,  among the largest whales tokens. The new token that easily overthrew  Shiba was recently airdropped in large quantities. While Shiba Inu is losing its dominance percentage-wise, the value of whale holdings remains the same and is not decreasing. Read Full on U.Today.

– Solana Records Over $5.5 Billion Inflows in a Day Following Turbulent Week

Solana’s market cap was $48.67 billion before. However, SOL has experienced inflows exceeding $4 billion in a single day to its market cap. According to CoinMarketCap, the world’s fifth-largest cryptocurrency’s market value, increased from $51.17 billion to $56.76 billion in only 24 hours, on December 16. Precisely $5.59 billion over the period. SOL is presently trading at $183.71, up 10.3%.Read Full on Finbold.

– Nexon America has Started Accepting a Slew of Cryptocurrencies For in-game Purchases

According to a recent press release, the American subsidiary of South Korean gaming giant Nexon, has partnered with crypto payment processor BitPay in order to accept various cryptocurrencies, including the meme coin, DOGE!, for in-game items. BitPay, believes this agreement with Nexon America, will deliver a great experience for players. BitPay also integrated Dogecoin rival Shiba Inu earlier this month.Read Full on U.Today.

– Coinbase President on Future of Crypto Regulation and Global Adoption

During an interview with Bloomberg technology, the Coinbase president and Chief Operations Officer, Emilie Choi, said: “Crypto is on track to reach a billion users in the next five years”. She also discussed crypto in 2022 and the need for clear regulation. Choi equally stated, that usability is undeniably an essential component, along with some amount of legal certainty, for taking crypto adoption to the next level.Read Full on Finbold.

– S&P Index Funds Launched as Crypto Tokens

In partnership with S&P, the world’s leading index provider, digital assets company Securitize has tokenized two of its investment indices. This is the first time fully-regulated investment products tracking S&P index funds are being offered as tokens. Furthermore, this newly-launched products will be provided through Securitize’s digital asset management arm, Securitize Capital, and offered to accredited investors only. Read Full on Crypto Briefing.

– IMF Chief Economist Opposes Crypto Ban, Recommends Crypto Regulation

IMF chief economist Gita Gopinath said she wants the crypto sector regulated, and not banned. According to her “regulating crypto assets and currencies is essential, especially for incoming and developing economies, banning them may not work, as crypto exchanges are located offshore, which makes it easier for an individual to trade in them despite the ban”. She added that, “the complex nature of cryptocurrencies calls for urgent global cooperation” Read Full on Finbold.

– Largest Credit Union in Idaho Now Offers Bitcoin Buying and Selling

The largest credit union in Idaho, the Idaho Central Credit Union, partnered with Alkami Technology Inc. and NYDIG to integrate Bitcoin services into its platform. This integration will enable customers to now buy, sell, and hold BTC from their banking accounts. Alkami provides U.S. banks and credit unions with cloud-based banking solutions. NYDIG will provide backend support to enable customers to get exposure to Bitcoin’s price in dollar terms. Read Full on Bitcoin Magazine.
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