Crypto News Cast For October 26th 2021 ?

Crypto News Cast 📮 26-10-2021

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24hours Cryptocurrency Market Cap:

📈MarketCap: $2606 B
📊24h Mcap %: -7.13%
⚠️Bitcoin Dom: 44.90%

📌Active Coins: 6460
📍24h Vol %: -3.68%
💲24h Vol: $104 B

Crypto News Updates :

The Crypto Markets To Experience More Institutional Interest In Next Few Months
Nigerian President Muhammadu Buhari Ready To Launch The Country’s CBDC
Twitter Seems To Test Bitcoin Tipping Service On Android Devices
Mastercard Prepares Integrating Cryptocurrencies For Its U.S Partners And Customers
CME Bitcoin Open Interest Spikes To An All Time High Of $5.4billion
A $40 Billion Korean Teachers’ Fund Considers Making Bitcoin Investment

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– The Crypto Markets To Experience More Institutional Interest In Next Few Months

While speaking in a new episode of The Best Business Show, The CEO of global investment firm Skybridge Capital, Anthony Scaramucci makes predictions concerning the crypto markets and goes on to day it will experience more institutional interest and adoption in the next 12 to 18 months. He tells his Host, Bitcoin bull Anthony Pompliano that more institutional investors will enter into the crypto industry, especially when regulators steps in. Read Full on The Daily Hodl.

– Nigerian President Muhammadu Buhari Ready To Launch The Country’s CBDC

The Central Bank of Nigeria (CBN) released a statement stating that the formal event for the e-naira’s launch will be held at the Buhari’s official residence and will be activated on Monday, October 25, 2021 as designed by the CBN. This is after the initial launch was rescheduled because of some issue surrounding the preparation, which The CBN has confirmed to be ready for launch. Also, CBN describes this as a major step forward in the evolution of money. Read Full on Bitcoin News.

– Twitter Seems To Test Bitcoin Tipping Service On Android Devices

Jane Manchun Wong, a Hong Kong-based technology researcher who discovers hidden features in popular apps says that social media giant Twitter seems to be testing Bitcoin tipping on Android devices, then shares the beta version of the feature. Notably, Twitter started allowing its users to tip creators after it launched its “tip jar” service in May. Then, Lightning Network-powered Bitcoin payments were added to Twitter beta in late August. Read Full on U.Today.

– Mastercard Prepares Integrating Cryptocurrencies For Its U.S Partners And Customers

Mastercard, a Major credit card company, reveals plans to integrate cryptocurrencies into its loyalty program offerings for United States-based banks, merchants and fintech firms on its payment network as the credit card company will be working with digital asset platform Bakkt. This will give its US users access to buy, sell and hold digital assets through custodial wallets and also allow cardholders to earn and spend rewards in crypto. Read Full on cointelegraph.

– CME Bitcoin Open Interest Spikes To An All Time High Of $5.4billion

Information from analytics provider Glassnode says that open interest on the CME has surged to an all-time high of $5.44 billion. Notably, Open interest, or OI is a measurement of the total number of outstanding derivative contracts, futures in this case, that’s yet to be settled. Also, Glassnode goes on to note that OI has increased by nearly $4 billion in October, representing 265% growth since the end of September. Read Full on BeInCrypto.

– A $40 Billion Korean Teachers’ Fund Considers Making Bitcoin Investment

The Korea Economic Daily that cites industry sources reports that the Korean Teachers’ Credit Union (KTCU) with over $40 billion in assets under management is considering investing in a spot Bitcoin exchange-traded fund. However, The size and the timeline of the investment is still uncertain yet, Reports reveal The teacher’s fund is waiting for the first Bitcoin ETF to launch in South Korea next year. Read Full on U.Today.

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