Crypto News Cast 📮 12-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2773 B
📊24h Mcap %: -71.30%
⚠️Bitcoin Dom: 43.20%
📌Active Coins: 6461
📍24h Vol %: 43.28%
💲24h Vol: $127 B
Crypto News Updates :
- Bitcoin Hits Above $69,000 Immediately After Sharp Inflation Numbers Released
- There’s A Massive Spike Record In Day Traders On Indian Crypto Exchanges
- University Of Cambridge Plans Developing Decentralized Carbon Credit Marketplace On Tezos Blockchain
- Grayscale Now Manages $60 Billion, Overtakes World’s Largest Gold Fund
- CEO Dan Morehead Says The Global Markets Prefers Bitcoin Over Fiat
- Miami City Set To Give A ‘Bitcoin Yield’ To Citizens From MiamiCoin
- Latin American Real Estate Frim La Haus To Accept Bitcoin As Payment
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– Bitcoin Hits Above $69,000 Immediately After Sharp Inflation Numbers Released
The price of bitcoin on Wednesday morning spiked immediately after the U.S. Department of Labor revealed data showing a quick rise in the price of consumer goods, ie. stoking investor fears about mounting inflation. Then, Bitcoin traded above $69,000 on the news of the department saying the consumer price index (CPI) increased at its fastest high since 1990. Also, The CPI, prices tracker foro goods and services under gasoline & rent records 6.2% increase. Read Full on
– There’s A Massive Spike Record In Day Traders On Indian Crypto Exchanges
With the entire Cryptocurrency market growth in adoption and bull run in 2021, there has been a massive spike in India’s leading digital Cryptocurrency exchanges in terms of number of day traders, especially when compared to the 2017 rally. The number has spiked to around 200-500% increase, due to investors taking positions in assets like Bitcoin and Ethereum, according to reports from the India Times. Read Full on Finbold.
– University Of Cambridge Plans Developing Decentralized Carbon Credit Marketplace On Tezos Blockchain
The University of Cambridge made announcements on a Friday morning revealing it will be developing a novel decentralized carbon credit marketplace that will assist global reforestation efforts. Notably, The main focus is to increase the adoption of nature-based conservation solutions, or NbS, like reforestation via financial instruments and also to build the marketplace on the Tezos (XTZ) blockchain. Read Full on cointelegraph.
– Grayscale Now Manages $60 Billion, Overtakes World’s Largest Gold Fund
According to Grayscale Wednesday announcement, the Cryptocurrency money manager Grayscale now has $60 billion worth of digital assets under management as revealed by the firm. This significantly means the firm has now flipped SPDR Gold Shares ie. the biggest and most liquid gold exchange-traded fund in the world as per terms of assets under management. Also, Grayscale Bitcoin Trust amounts for 71% of the sum with $43.5 billion Read Full on U.Today.
– CEO Dan Morehead Says The Global Markets Prefers Bitcoin Over Fiat
Pantera Capital CEO Dan Morehead notes in new Blockchain Letter that Bitcoin (BTC) is entering “a new price era” even as the value of the US dollar crashes, and also states that inflation is at a 30-year high. Also, Morehead goes on to say that the US dollar has fallen to an all-time low against hard assets with unique and special quantities such as S&P 500, copper, gold, sugar, lumber, oats, oil, and BTC. Read Full on dailyhodl.
– Miami City Set To Give A ‘Bitcoin Yield’ To Citizens From MiamiCoin
The City of Miami plans giving out a “bitcoin yield” from the staking of its cryptocurrency to its citizens, according to statements from Miami Mayor Francis Suarez to CoinDesk TV on Thursday morning. This makes it the first City in America to do so. Also, The yield us from the staking of the city’s own cryptocurrency, MiamiCoin, introduced sometime this year with earnings of over $21 million in the past three months for Miami. Read Full on Coindesk.
– Latin American Real Estate Frim La Haus To Accept Bitcoin As Payment
La Haus is a startup that recently wants to bring U.S. tech-enabled real estate services to the Latin American real estate market, as seen in it’s recent announcement on the possibility of accepting bitcoin as payment for homes. This will be via a collaboration with bitcoin payments processor OpenNode. The former vice-minister of digital economy in Colombia, Jehudi Castro-Sierra will head the Bitcoin initiative as La Haus’ vice president of the future. Read Full on Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides.
