Crypto News Cast 📮 20-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2560 B
📊24h Mcap %: 72.10%
⚠️Bitcoin Dom: 47.40%
📌Active Coins: 6460
📍24h Vol %: -1.76%
💲24h Vol: $89 B
Crypto News Updates :
- Massive $72.3B Worth Of Crypto Now Held By Institutional Managers
- Polkadot (DOT) Launches $770 Million Development Fund Before Parachain Auctions
- Carl Icahn Forecast An Imminent Market Crisis, Shows Bitcoin’s Potential
- New All-Time 100Million Unique Address Numbers Recorded In Polygon ($MATIC)
- Carl Icahn Forecast An Imminent Market Crisis, Shows Bitcoin’s Potential
- Microstrategy CEO Urges Nigeria And Zimbabwe To Adopt Bitcoin, Calls BTC ‘Kingmaker’
- Millennials In India Prefers Investing In Crypto Trading Than Stocks Trading
- Over Half Billion In Volume Recorded For Bitcoin Futures ETF In 2Hrs
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– Massive $72.3B Worth Of Crypto Now Held By Institutional Managers
nstitutional inflows into cryptocurrency products spiked last week, this is because investment managers are increasing their exposure to Bitcoin (BTC) and major altcoins. The Total assets held by institutional managers touched $72.3 billion for the week which is its highest level ever, also digital asset investment products witnessed an inflows of about $80 million last week while Bitcoin products had the biggest investments at $70 million. Read Full on cointelegraph.
– Polkadot (DOT) Launches $770 Million Development Fund Before Parachain Auctions
In a recent tweet by Polkadot (DOT) founder Gavin Wood reveals plans to launch over 18.9 million DOT (about $777 million currently) development fund before the network’s parachain lease auctions, which of course will be disbursed through community governance. So, Gavin Wood goes on to say that the capital will be used to realize the community’s vision for “building, improving, educating” Polkadot’s ecosystem. Read Full on U.Today.
– Carl Icahn Forecast An Imminent Market Crisis, Shows Bitcoin’s Potential
While talking with CBNC today on U.S. markets, inflation, monetary supply, and bitcoin, Longtime activist investor and Icahn Enterprises Chairman Carl Icahn notes that he believes a market crash is imminent. He goes on to state that excessive money supply floods the market together with the increase in inflation rates, cites a case in which Bitcoin would be actually valuable. According to Carl, “In the long run we are certainly going to hit the wall,”. Read Full on Bitcoin Magazine.
– New All-Time 100Million Unique Address Numbers Recorded In Polygon ($MATIC)
Currently, The number of unique addresses on the Polygon (MATIC) network has hit a new all-time high way beyond 100 million, this is because many users are taking advantage of the low transaction fees on its network while using it to access decentralized finance (DeFi) applications. In September, the Polygon network recorded over 2.5 million new unique addresses in one day, having a total number of unique addresses doubling from then till now. Read Full on CryptoGlobe.
– Carl Icahn Forecast An Imminent Market Crisis, Shows Bitcoin’s Potential
While talking with CBNC today on U.S. markets, inflation, monetary supply, and bitcoin, Longtime activist investor and Icahn Enterprises Chairman Carl Icahn notes that he believes a market crash is imminent. He goes on to state that excessive money supply floods the market together with the increase in inflation rates, cites a case in which Bitcoin would be actually valuable. According to Carl, “In the long run we are certainly going to hit the wall,”. Read Full on Bitcoin Magazine.
– Microstrategy CEO Urges Nigeria And Zimbabwe To Adopt Bitcoin, Calls BTC ‘Kingmaker’
Recently, in a video clip Microstrategy CEO Michael Saylor urges Nigeria and Zimbabwe to issue currencies that are backed by bitcoin as a way to fix their economies. He notes that if Nigeria and Zimbabwe purchase bitcoins worth $2-3 billion, they could end the poverty and economic breakdown in the countries instead of creating their own digital currency to diminish bitcoin, Saylor says however that bitcoin is “the kingmaker.” Read Full on Bitcoin News.
– Millennials In India Prefers Investing In Crypto Trading Than Stocks Trading
There’s a notable growing adoption of cryptocurrencies as Indian millennials continue preferring digital assets instead of traditional investment like stock trading, according to trading platform’s chief business officer Sharan Nair, Indians go for cryptocurrencies because they’ve internet exposure. Results show that most young people from India’s smaller cities are investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, and Cardano. Read Full on Finbold.
– Over Half Billion In Volume Recorded For Bitcoin Futures ETF In 2Hrs
The first-ever bitcoin futures exchange-traded fund, the ProShares Bitcoin Strategy Fund (BITO) rolls out on the New York Stock Exchange to become the biggest launch of the year within an hour, with more than $400 million traded already in one hour according to Jonathan Cheesman (head of over-the-counter and institutional sales at FTX). Also, Trading Volume hits $500 million just after 11:00 am EDT as Eric Balchunas, ETF analyst at Bloomberg Intelligence reveals. Read Full on Blockworks.
