Crypto News Cast For October 12th 2022 ?

Crypto News Cast For October 12th 2022 ?
Crypto News Cast 📮 12-10-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap:          $920 B
📊24h Mcap %:       -1.31%
⚠️Bitcoin Dom:        39.80%
📌Active Coins:       12642
📍24h Vol %:          -4.10%
💲24h Vol:               $46 B

Crypto News Updates :

  • Google Chooses Coinbase To Accept Cryptocurrency Payments For Cloud Services
  • BNY Mellon Becomes The First US Bank To Offer Cryptocurrency Custody Services
  • Despite The Cryptocurrency Bear Market, Ripple Forges New Alliances In Sweden And France
  • Bitcoin Whales Continues Accumulation Seeing The Bear Market Floor Is Achieved
  • OpenSea Launches Support For Avalanche For NFTs Creators
  • According To Bank Of America, Cryptocurrency Might Be The Future Of Investing
  • A Financial Education Center Is Opened By Bitcoin Ekasi In South Africa
  • Middle East’s First Bitcoin ETP Is Launched By Crypto Investment Product Company 21Shares

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– Google Chooses Coinbase To Accept Cryptocurrency Payments For Cloud Services

Coinbase announced that it would use Google’s cloud infrastructure, while Google said it would rely on Coinbase to start allowing some users to pay for cloud services using cryptocurrencies early in 2023. Thanks to an interface with the Coinbase Commerce service, the Google Cloud Platform infrastructure service will initially accept cryptocurrency payments from a small number of customers in the Web3 world who want to pay with cryptocurrency. Read Full on CNBC.

– BNY Mellon Becomes The First US Bank To Offer Cryptocurrency Custody Services

Presently, clients of the Bank of New York Mellon (BNY Mellon) can deposit their bitcoin holdings. User’s Ether and Bitcoin holdings can be deposited, and the bank will store the keys needed to access and transfer the assets. The financial organization now functions as a custodian for both digital and other kinds of investment assets as a result. The necessary approval was granted to BNY Mellon earlier this year by New York’s financial watchdog. Read Full on CryptoPotato.

– Despite The Cryptocurrency Bear Market, Ripple Forges New Alliances In Sweden And France

Despite the current dull movements in most of the cryptocurrency business, Ripple Labs, a provider of cryptocurrency payments, has established new relationships in Sweden and France to boost its presence in Europe. With Lemonway, a regulated payments provider for online marketplaces based in Paris, and with Xbaht, a Swedish money transfer company specializing in remittance payments between Sweden and Thailand, Ripple signed agreements for its “On-Demand Liquidity” technology. Read Full on coindesk.

– Bitcoin Whales Continues Accumulation Seeing The Bear Market Floor Is Achieved

In contrast to traditional asset markets, Glassnode claimed that Bitcoin has remained remarkably stable in recent weeks, indicating a bear bottom where typical periods of slow and steady accumulation by institutions, seasoned investors, and whales. It also noted that Bitcoin’s volatility has been unusually low given the rise in interest rates by central banks, raging inflation, and the strength of the US dollar.. Read Full on CryptoPotato.

– OpenSea Launches Support For Avalanche For NFTs Creators

OpenSea, the non-fungible token (NFT) market with the highest trade volume, will now support Avalanche. Creators will now be able to mint, list, and trade NFTs on the layer 1 network thanks to the platform. Due to its quick transaction times and inexpensive gas costs, Avalanche is sometimes mentioned as a rival to Ethereum. On the other side, this new cooperation intends to overcome Avalanche’s lack of a significant presence in the NFT market. Read Full on coindesk.

– According To Bank Of America, Cryptocurrency Might Be The Future Of Investing

Millennials devote less of their portfolios to traditional equities and more to alternative assets like cryptocurrency, according to Jeff Busconi, chief operating officer of private banking at Bank of America, which he noted that cryptocurrency might become the future of investing. The younger demographic has up to 15% of their portfolios dedicated to digital assets, compared to the elder demographic’s 2%. Read Full on BeInCrypto.

– A Financial Education Center Is Opened By Bitcoin Ekasi In South Africa

The Bitcoin Ekasi Center has been established by Bitcoin Ekasi, a circular bitcoin economy based in South Africa, to educate local youth, company owners, and entrepreneurs on money management and bitcoin. Ten local companies have already joined Ekasi’s bitcoin program. The Built With Bitcoin Foundation, a non-profit organization committed to using Bitcoin to provide clean water, high-quality education, and humanitarian support, supports the Ekasi center. Paxful is a leading fintech company. Read Full on Bitcoin Magazine.

– Middle East’s First Bitcoin ETP Is Launched By Crypto Investment Product Company 21Shares

A physical bitcoin exchange-traded product (ETP) has been introduced by the company 21Shares in the Middle East and is expected to list on the Nasdaq Dubai. Globally, 21Shares has kept growing, and its recently established parent company raised $25 million at a $2 billion valuation. The company now has over 46 products available, which are listed on 12 exchanges in seven different nations. Read Full on coindesk.

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