Crypto News Cast For November 17th 2021 ?

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crypto news cast november 17th 2021 ?
Crypto News Cast 📮 17-11-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2584 B
📊24h Mcap %:       -55.00%
⚠️Bitcoin Dom:        43.40%

📌Active Coins:       6465
📍24h Vol %:          -16.30%
💲24h Vol:               $132 B

Crypto News Updates :

  • Tesla CEO Elon Musk Goes Out Again To Criticize Fiats Currencies
  • Institutional Bitcoin Products Continues Recording Huge AUM, Even With Volume Decline
  • Brave Browser Releases New Update, A Built-In Browser Wallet For Ethereum
  • Whale Alert! 3rd Biggest Whale Address Buys Additional 207BTC At $62K
  • Bitcoin’s Second Layer Solution, Lightning Network Hits Above $200 Million
  • Iota Foundation Sets Up To Launch Staging Network For Developers
  • NYDIG Strikes New Partnership Deal with Houston Rockets Basketball Franchise
  • Ethereum-Based Holdings Among Institutions Is Seeing 19% Increase In Q3

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– Tesla CEO Elon Musk Goes Out Again To Criticize Fiats Currencies

Once again, Tesla CEO Elon Musk is out criticizing government-issued fiat currencies as seen in his response to a tweet posted by Dogecoin co-founder Billy Markus, as he explains in detail how little ordinary people actually know about “normal” money, then explains how outdated and it’s liable to change. Also, This is not the first time that Musk has criticized fiat money, as seen when he said that crypto had value due to its immutability. Read Full on U.Today.

– Institutional Bitcoin Products Continues Recording Huge AUM, Even With Volume Decline

Institutional traders have reportedly locked a large record sum of capital into Bitcoin investment products, even while trade volume continues declining during the second half of 2021. Information from CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report states that Bitcoin (BTC) investment products recorded a total inflows of $97.5 million between Nov. 8 and Nov. 12, thereby bringing the assets under management (AUM) to $56 billion. Read Full on cointelegraph.

– Brave Browser Releases New Update, A Built-In Browser Wallet For Ethereum

The Brave Browser’s latest update (version 1.32) now offers a native wallet for the Ethereum ecosystem as according to a Tuesday press release. The team announced Brave Wallet will now give access to its 40 million+ users to exchange assets and access decentralized apps (dApps) on Ethereum Layer 2 solutions and other EVM-compatible sidechains such as Polygon and xDai. Brave Wallet also can be used directly within the browser. Read Full on Crypto Briefing.

– Whale Alert! 3rd Biggest Whale Address Buys Additional 207BTC At $62K

Bitcoin (BTC) whales continue buying more and more into the top cryptocurrency even as it’s price nears below the $60,000 mark, as revealed by on-chain monitoring resources on Nov. 16, noting that the third-largest Bitcoin whale address has increased its holdings by 207 BTC. The third-largest with a balance of 193,433.46915660 BTC has added the equivalent of $12.84 million to its balance at a price of $62,053 per Bitcoin. Read Full on cointelegraph.

– Bitcoin’s Second Layer Solution, Lightning Network Hits Above $200 Million

Bitcoin’s second layer solution, the Lightning Network (LN) is having a massive increase, doing 4x the amount it holds in just four months occurring at the same period with El Salvador’s declaration of bitcoin as legal tender. There was $50 million worth of bitcoin in July, but currently it’s worth over $200 million, signifying a more than 10x increase since November last year. These gains began when El Salvador declared bitcoin a legal tender. Read Full on Trustnodes.

– Iota Foundation Sets Up To Launch Staging Network For Developers

The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, as a way of advancement through the Iota roadmap toward fully functional decentralization, serving as an innovation testbed for developers and builders in the community for DeFi and nonfungible token (NFT) applications evaluation. This sandbox model gives applications access to establish efficiency and compatibility before the launch on the Iota mainnet. Read Full on cointelegraph.

– NYDIG Strikes New Partnership Deal with Houston Rockets Basketball Franchise

As part of a new Partnership Deal between The New York Digital Investment Group and National Basketball Association’s Houston Rockets franchise, NYDIG will be paying them in Bitcoin targeted at promoting crypto education and adoption. As per a Nov. 16 announcement, the Houston Rockets said the New York Digital Investment Group, or NYDIG will now become the team’s official Bitcoin (BTC) services partner and platform. Read Full on prnewswire.

– Ethereum-Based Holdings Among Institutions Is Seeing 19% Increase In Q3

While Bitcoin institutional holdings continue seeing some declines during the last quarter, many of the same firms however saw their stakes increasing in the Ethereum-based products, as revealed by the SEC filings. Surprisingly, The number of Grayscale Bitcoin Trust shares held by large institutions declined 2.6% in the third quarter, whereas the number of Grayscale Ethereum Trust shares saw a 19% increase when compared to last quarter. Read Full on Decrypt.
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