Crypto News Cast 📮 25-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2670 B
📊24h Mcap %: 104.00%
⚠️Bitcoin Dom: 41.70%
📌Active Coins: 6466
📍24h Vol %: 10.73%
💲24h Vol: $144 B
Crypto News Updates :
- Bitcoin Hits Mass Adoption Against Gold, According To Galaxy Digital’s Mike Novogratz
- Using XRP Ledger, Palau Teams Up With Ripple On National Stablecoin
- Institutional Investors Buys $43 Million Worth of Solana (SOL) Last week
- Australia’s Rest Super Retirement Fund Ready To Make Crypto Investment
- Payment Processor, Stripe Set Ready To Accept Cryptocurrency Payment
- Kierran Gibbs, (MLS) Player Inter-Miami CF Declares His Interest In Crypto
- Ethereum Completely Burns 1 Million ETH Since August Hard Fork
- Dogecoin Killer, Meme Cryptocurrency Shiba-Inu Is Launching In South Korea
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– Bitcoin Hits Mass Adoption Against Gold, According To Galaxy Digital’s Mike Novogratz
Galaxy Digital CEO Mike Novogratz reveals his thoughts on Bitcoin (BTC) as the new asset of choice for people who are looking at protecting themselves from the effects of inflation in the future, as he believes Bitcoin adoption will only continue to grow. During Galaxy Digital’s Q3 earnings call, the billionaire, Galaxy Digital CEO Mike Novogratz said that gold’s recent track record is only a disappointment to investors of the precious metal. Read Full on dailyhodl.
– Using XRP Ledger, Palau Teams Up With Ripple On National Stablecoin
The Pacific island nation of Palau is in a new partnership deal with San Francisco-based blockchain payments company Ripple on a U.S. dollar-backed digital currency for the country, which is the world’s first government-based national stablecoin using the XRP Ledger. Ripple is meant to provide Palau with technical, business, design and policy support for Palau’s national stablecoin, according to Ripple’s announcement on the deal. Read Full on Forkast.
– Institutional Investors Buys $43 Million Worth of Solana (SOL) Last week
Institutional investment records into Bitcoin within the last one year is now over $6 billion with Solana recording around $43 million within the space of one month, all this is seen despite the huge correction hitting the entire crypto industry in recent days but institutional investors are still holding their bullish sentiment position towards the space. CoinShares reports the product funds towards Bitcoin and Ethereum grows. Read Full on Cryptoslate.
– Australia’s Rest Super Retirement Fund Ready To Make Crypto Investment
Australian superannuation fund Rest Super is ready to become the first retirement fund in the country to make investment in cryptocurrencies and currently has over $46.8 billion worth of assets under management (AUM) with about 1.8 million members. Superannuation is the equivalent of a 401k or Individual Retirement Account in the U.S. and it’s mandatory for all employees. The $2.4 trillion sector has been cautious about cryptocurrency, until now. Read Full on cointelegraph.
– Payment Processor, Stripe Set Ready To Accept Cryptocurrency Payment
John Collison, the co-founder of Stripe, While speaking at the Fintech Abu Dhabi festival on Tuesday, hinted that his company may resume accepting crypto as a payment option after suspending Bitcoin support in 2018 due to extreme volatility and low efficiency for day-to-day transactions. Collision stated there have been a lot of developments of late with an eye to making cryptocurrencies better. Read Full on U.Today.
– Kierran Gibbs, (MLS) Player Inter-Miami CF Declares His Interest In Crypto
Gibbs, a left-back for IMCF, stated his intentions to convert half of his income to bitcoin (BTC). And, he also intends to join the David Beckham-owned squad at the end of March 2021. That’s to say he plans to use the crypto finance startup XBTO in December 2021 to convert 50% of his USD salary into BTC. In line with XBTO, Gibbs will not be charged conversion cost , and the monies will be sent to his bitcoin wallet, directly. Read Full on Bitcoin News.
– Ethereum Completely Burns 1 Million ETH Since August Hard Fork
Ethereum, the smart contract-enabled network that Three Arrows Capital founder Su Zhu publicly criticized this week for putting profits over people, has now burned 1 million ETH since the August protocol upgrade. Notably, That’s roughly an estimate of $4.3 billion worth of the cryptocurrency that’s been taken out of circulation and destroyed completely. However, it might not be worth as much had it not been destroyed. Read Full on Decrypt.
– Dogecoin Killer, Meme Cryptocurrency Shiba-Inu Is Launching In South Korea
Korbit declared to list Shiba-Inu, becoming the first crypto exchange to add support for the meme coin in South Korea, Aside from being the first exchange to bring Shiba Inu to the South Korean crypto market, Korbit also rolled out the first non-fungible token marketplace in the country in June. The southern korean trading platform will allow its customer to trade the meme coin against the Korean won starting from Thursday. Read Full on U.Today.
