Crypto News Cast 📮 06-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2685 B
📊24h Mcap %: -16.36%
⚠️Bitcoin Dom: 42.60%
📌Active Coins: 6461
📍24h Vol %: -12.09%
💲24h Vol: $101 B
Crypto News Updates :
- Enjin Plans To Decentralize Its Metaverse Using New $100M Fund
- India And Pakistan Crypto Market Records 641% And 711% Respectively In 12months
- New York Mayor Eric Adams Will Accept First Three Paychecks In Bitcoin
- Bitcoin Still At The Top As Per ROI Despite Meme Coins Hype
- Jefferies’ Wood Chooses Bitcoin Over Gold, Reduced Portfolio By 5%
- The World’s Biggest Podcaster, Joe Rogan Received Bitcoin Payment Of $100,000
- Bakkt’s Customers Can Now Be Able To Buy And Sell Ethereum
- NFL Player Brandon King Tweets About Buying More SHIB Coins
- Square Reports $1.81B In Bitcoin Revenue, Plans On Increasing BTC Offerings
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– Enjin Plans To Decentralize Its Metaverse Using New $100M Fund
So, The Blockchain gaming platform Enjin is developing a new fund to support and assist the development of the metaverse ecosystem and also make it become more decentralized. Notably, Enjin is a startup behind the non fungible token (NFT)-focused blockchain Efinity, has raised a $100-million fund to support Efinity adopters and also for any other related projects according to an announcement by Enjin on Thursday. Read Full on cointelegraph.
– India And Pakistan Crypto Market Records 641% And 711% Respectively In 12months
Bloomberg reports a recent survey by Chainalysis about cryptocurrency adoption in India, Pakistan and neighboring countries, which is showing growing interest with massive adoptions. As per Chainalysis, the crypto market in India and Pakistan is the strongest following after the majority of European countries and in the Middle East, with 641% growth in India and 711% in Pakistan in 12months. Also, Indian activity on DeFi platforms is about 60%. Read Full on U.Today.
– New York Mayor Eric Adams Will Accept First Three Paychecks In Bitcoin
The Newly elected New York City Mayor Eric Adams reveals how he plans to take his first three paychecks in bitcoin, as he was motivated by Miami Mayor Francisco Suarez who said on Tuesday how he would take only his next paycheck in bitcoin. Also, Eric Adams in a recent statement expresses his plans to make New York City the center of the cryptocurrency industry and other fast-growing, innovative industries. Read Full on Blockworks.
– Bitcoin Still At The Top As Per ROI Despite Meme Coins Hype
Recently, A Reddit user did some detailed analysis on “every shilled coin” from 2017 to 2021, and then published the results on the subreddit “cryptocurrency” on November 4, 2021. So, The survey featured the period from January 1 to December 31 of each corresponding year, and all cryptocurrencies on the list were checked according to their return on investment (ROI), with Bitcoin (BTC) having the best return on investment from the date of its ICO. Read Full on Finbold.
– Jefferies’ Wood Chooses Bitcoin Over Gold, Reduced Portfolio By 5%
Christopher Wood, global head of equity strategy at multinational financial services firm Jefferies Group chooses Bitcoin Over Gold by reducing exposure to gold in his Asia ex-Japan portfolio by 5% according to Business Standard reports. Notably, This is the first time Jefferies, with $440 billion worth of assets under management, has reduced its gold exposure inorder to venture into the top largest cryptocurrency. Read Full on U.Today.
– The World’s Biggest Podcaster, Joe Rogan Received Bitcoin Payment Of $100,000
Joe Rogan as the world’s most successful podcaster and comedian seems to have accepted a Bitcoin payment of $100,000, also the podcast host and MMA commentator has had discussion about Bitcoin in the past on his show, and even organized conversations with notable Bitcoiners. During the Joe Rogan Experience episode #1728, the frequent guest and comedian Ari Shaffir makes a shocking revelation of Joe getting a deal for over $100,000 dollars.Read Full on yahoo.
– Bakkt’s Customers Can Now Be Able To Buy And Sell Ethereum
Just after becoming a publicly-traded company, Bakkt Holdings announces a feature that will allow its customers to interact with the second-largest cryptocurrency, ethereum. Bakkt Holdings is among the largest regulated cryptocurrency platforms offering Bitcoin services to its clients as Bakkt is out to give access to its clients to buy, sell, send, hold, and spend Ethereum’s native token – ether (ETH). Read Full on CryptoPotato.
– NFL Player Brandon King Tweets About Buying More SHIB Coins
Brandon King, playing for the New England Patriots of the National Football League announces on Twitter, stating that he will be buying more of SHIB coins. There are not many tweets in King’s Twitter talking about Shiba Inu or any other crypto. Currently, the token is on huge decline after losing nearly 50% from its $0.00008845 all-time high on Oct. 28, which is showing signs of recovery even as Kraken exchange plans to list it. Read Full on U.Today.
– Square Reports $1.81B In Bitcoin Revenue, Plans On Increasing BTC Offerings
Digital payments company Square reports $1.81 billion in bitcoin-generated revenue and also goes ahead to give details on plans to increase digital asset investments and exposure in its third quarter earnings report Thursday. Notably, The bitcoin revenue was 11% increase year-over-year with Bitcoin gross profit at $42 million which represents around 2% of bitcoin revenue. Also, Square executives reveal further plans on the digital assets space. Read Full on Blockworks.
