Crypto News Cast 📮 22-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2530 B
📊24h Mcap %: -14.16%
⚠️Bitcoin Dom: 45.50%
📌Active Coins: 6460
📍24h Vol %: -20.60%
💲24h Vol: $107 B
Crypto News Updates :
- Russian Oil Industry Proposes To Mine Crypto Using Wasted Flare Gas
- Bitcoin Slightly Flips Swiss Franc, Following Rally To New ATH
- Billionaire Paul Tudor Jones Chooses Crypto Over Gold As Inflation Hedge
- Pimco, The $2.21 Trillion Investment Manager Exploring Crypto
- Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
- AMC Grows Massive Interest About Cryptocurrencies, Might Issue Its Own Coin
- VanEck Gets Approval To Launch Its Bitcoin Futures ETF By SEC
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– Russian Oil Industry Proposes To Mine Crypto Using Wasted Flare Gas
The Russian oil industry is considering using wasted flare gas into crypto mining near oil production, this is as interest to mine grows despite many legal uncertainties for crypto mining in Russia as a whole. Notably, These requests and proposals are coming amid a huge expansion of the Russian crypto mining industry, after the massive exodus of miners from China, resulting in Russian regulators pushing from oil and gas firms. Read Full on theblockcrypto.
– Bitcoin Slightly Flips Swiss Franc, Following Rally To New ATH
As Bitcoin price hits a new all time high of roughly $67,000 which sees its market cap above $1.263 trillion according to data from Fiat marketcap, This exceeds the value of the circulating supply of the Swiss franc at 1,158,489,000,000 CHF which is roughly $1.26 trillion. Also, this price spike leads to Bitcoin flippening the franc in value, with crypto futures-linked exchange-traded funds or ETFs being approved. Read Full on cointelegraph.
– Billionaire Paul Tudor Jones Chooses Crypto Over Gold As Inflation Hedge
Billionaire hedge fund manager Paul Tudor Jones notes that bitcoin is currently winning the race when compared to gold, saying the flagship cryptocurrency is his preferred inflation hedge over gold. Bitcoin’s overtook its all-time highs on Wednesday, following the announcement of the first bitcoin futures exchange-traded fund (ETF) in the U.S. trading on the NYSE. Notably, Gold has lost 8% over the past 12 months whereas bitcoin gained 437%. Read Full on Bitcoin News.
– Pimco, The $2.21 Trillion Investment Manager Exploring Crypto
According to reports by CNBC, Global investment management firm Pimco is considering to start cryptocurrency trading, as Daniel Ivascyn, Pimco’s chief investment officer goes on to say during CNBC’s Delivering Alpha conference. Noting that the $2.21 trillion investment management firm is looking to gradually integrate crypto into its business. As per Daniel, they want it to be part of their trend-following strategies. Read Full on U.Today.
– Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
Pacaso is a real estate platform co-founded by Spencer Rascoff and Austin Allison, also Rascoff is popular for co-founding Zillow Group and also co-founding Hotwire.com, it will begin accepting cryptocurrencies through Bitpay. Some of the digital assets to be accepted includes like bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin cash (BCH), dogecoin (DOGE), and wrapped bitcoin (WBTC). Read Full on Bitcoin News.
– AMC Grows Massive Interest About Cryptocurrencies, Might Issue Its Own Coin
American multinational entertainment giant AMC shows huge interest in blockchain as the company’s chief executive publicly considers the issuance of its own cryptocurrency. AMC chief executive Adam Aron during an interview with CNBC on Oct. 20 reveals the firm’s crypto ambitions and also talked about the possibility of AMC issuing its own coin as well as a successful redeemer of cryptocurrency. However, There were no solid details yet. Read Full on cointelegraph.
– VanEck Gets Approval To Launch Its Bitcoin Futures ETF By SEC
VanEck becomes the latest asset manager to receive regulatory approval to launch its bitcoin futures exchange-traded fund (ETF) next week; they can now compete with ProShares’ offering, which started trading yesterday. A post-effective filing with the Securities and Exchange Commission (SEC) greenlights VanEck Bitcoin Strategy ETF to begin trading after Saturday, Oct 23, under the ticker “XBTF,” this becomes the second listing of a bitcoin futures ETF in the U.S. Read Full on Bitcoin Magazine.
