Crypto News Cast 📮 29-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2654 B
📊24h Mcap %: 58.20%
⚠️Bitcoin Dom: 44.30%
📌Active Coins: 6461
📍24h Vol %: -22.43%
💲24h Vol: $147 B
Crypto News Updates :
- Binance Smart Chain’s Cumulative Number Of Transactions Hits 1.5 Billion
- Сoinbase Now The Most Popular iPhone App, Climbs Above TikTok
- El Salvador Announced Buying Additional 420 Bitcoin, Worth About $25 Million
- Litecoin Transactions Approaches An All-Time High After Several Partnership
- Citigroup CEO Notes How Digital Assets Can Become Part Of Financial System
- Bitcoin, Ethereum And Others Now Accepted In Wharton Business School
- Indian Government Considers Regulating Crypto As A Commodity In February
- Sprott CEO Says Bitcoin Serves As An Inspiration For Gold’s Future Digitalisation
- Analyst Willy Woo Says Bitcoin Bull Market Could Last For Another Year
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– Binance Smart Chain’s Cumulative Number Of Transactions Hits 1.5 Billion
Binance, the world’s largest cryptocurrency exchange by volume, reveals via a tweet the cumulative number of transactions on its Binance Smart Chain (BSC) overtaking 1.5 billion, according to BscScan. The daily number of transactions on the blockchain recently skyrocketed above 10 million which is slightly below its all-time record high of 13 million back on July 29. This height is coming just 14 months after its launch on Aug. 31, 2020. Read Full on cointelegraph.
– Сoinbase Now The Most Popular iPhone App, Climbs Above TikTok
Coinbase, the largest U.S. exchange currently sits above TikTok, Instagram, YouTube and other popular apps, climbing to the top of the Apple App Store in the U.S. on Wednesday. The meme cryptocurrency, SHIB Uptrend has major contributions to this as it recently hit another all-time high of $0.00008616 as Coinbase leverages on the rally by including SHIB ticker to the name of its app alongside Bitcoin and Ether. Read Full on U.Today.
– El Salvador Announced Buying Additional 420 Bitcoin, Worth About $25 Million
El Salvador’s president, Nayib Bukele announced on Wednesday how his government has purchased an additional 420 bitcoin which is worth roughly $24.7 million at current prices, according to market data from TradingView. This means adding to its initial holds thereby increasing the total amount held to 1,120 BTC. This is barely coming after its latest purchase a month ago after Bukele announced the purchase of 150 BTC. Read Full on theblockcrypto.
– Litecoin Transactions Approaches An All-Time High After Several Partnership
The number of Litecoin (LTC) transactions recovered to over 140,000 after falling close to the 100,000 mark in early October, this is before the Litecoin Foundation revealed about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. Customers will have to register for a Litecoin Card account then deposit LTC into a designated wallet address, pass the know-your-customer check, and receive a virtual Litecoin Card. Read Full on cointelegraph.
– Citigroup CEO Notes How Digital Assets Can Become Part Of Financial System
Citigroup’s CEO Jane Fraser, while speaking in a Yahoo Finance interview, notes that there is a role for cryptocurrencies in the traditional financial system, stating that digital assets can bring benefits in the area of real-time payments such as instant processing, fractionalization, programmability and transparency. Also, Fraser reveals that there are plans going on to build the infrastructure necessary for enabling real-time payments. Read Full on The Daily Hodl.
– Bitcoin, Ethereum And Others Now Accepted In Wharton Business School
The Wharton business school at the University of Pennsylvania develops an executive education program in blockchain to allow students to pay their tuition in crypto, which makes it the second American college to accept Bitcoin. This means that students will be able to choose crypto from a tuition payment menu that includes PayPal and credit cards and can able to pay using Bitcoin, Ethereum or the USDC stablecoin. Read Full on Decrypt.
– Indian Government Considers Regulating Crypto As A Commodity In February
Reports indicate that the Indian government is seeking to develop a legal structure for crypto-based digital currencies to be considered as “assets” as early as February according to Indian news outlet Business Today. Officials note the potential legal framework would consider cryptocurrencies closer to commodities than currencies, this means a different approach than a straight up ban on digital assets in the country. Read Full on cointelegraph.
– Sprott CEO Says Bitcoin Serves As An Inspiration For Gold’s Future Digitalisation
The CEO of investment management firm Sprott, Peter Grosskopf while speaking to Kitco News encourages investors to not consider Bitcoin and gold as competitors, and goes on to note that the lustrous metal will also go digital. Instead, Peter Grosskopf considers Bitcoin as an inspiration for gold and can also offer investors a hedge against inflation, stating that the technology to support digital gold has already been tested. Read Full on Finbold.
– Analyst Willy Woo Says Bitcoin Bull Market Could Last For Another Year
Popular on-chain analyst Willy Woo whiel in an interview with Preston Pysh on Bitcoin Fundamentals, says that recent Bitcoin (BTC) accumulation trends could take the crypto asset’sbull run for another year, stating that long-term BTC holders are much wealthier than in previous bull cycles. Also, Woo notes how recent investors are holding over the long term and as such puts significant buying pressure on Bitcoin. Read Full on The Daily Hodl.
