Crypto News Cast For September 13th 2022 ?

Crypto News Cast 📮 13-09-2022

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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: $991 B
📊24h Mcap %: -38.60%
⚠️Bitcoin Dom: 39.20%
📌Active Coins: 12225
📍24h Vol %: 7.90%
💲24h Vol: $101 B

Crypto News Updates :

Norwegian Central Bank Employs Ethereum In Building Its National Digital Currency
Chicago-Based CME Group Deploys Ethereum Options
Ukraine May Become The Next Web3 Hub, According To Ethereum Founder
Starbucks Coffee Chain Introduces A New NFT Program For Its Customers
Within 3 Months, SHIB Added Over 40,000 New Holders, Totalling Over 1.2 Million
Five Entities Own 64% Of The Staked Ethereum (ETH)
Chamber Of Digital Commerce Urges SEC To Approve A Bitcoin ETF
Institutional Investors Are Unfazed By The Crypto Winter, According To State Street
Ethereum Merge Is Poised To Increase Institutional Adoption After Completion
Fidelity Will Permit Its 34 Million Individual Investors To Buy Bitcoin (BTC)

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– Norwegian Central Bank Employs Ethereum In Building Its National Digital Currency

The central bank of Norway is recording a massive breakthrough in its digital currency efforts by releasing the open source code for the country’s central bank digital currency (CBDC) sandbox. The sandbox will be available on GitHub as it’s designed to bring an interface for interacting with the test network thereby, enabling functions such as minting, burning and transferring ERC-20 tokens according to information from the Norges Bank’s official CBDC partner Nahmii. Read Full on cointelegraph.

– Chicago-Based CME Group Deploys Ethereum Options

The massive Chicago-based CME Group has announced the introduction of Ethereum options. Tim McCourt, global head of stock and FX products, claims that the new product was introduced as a result of the fast expanding demand for Ethereum options. Traders will be able to control their exposure before the impending Merge event, which is anticipated to increase market volatility, using Ethereum options. Read Full on U.Today.

– Ukraine May Become The Next Web3 Hub, According To Ethereum Founder

Vitalik Buterin, the creator of Ethereum (ETH) reaffirmed his support for Ukrainian people and expressed hope for the future of the nation in terms of developments in Web3 and cryptocurrencies, saying the nation may become the next Web3 Hub. As it happens, Buterin participated in the Web3 hackathon that was conducted at UNIT.City, a project for innovation and a building complex for promising internet businesses. Read Full on Finbold.

– Starbucks Coffee Chain Introduces A New NFT Program For Its Customers

Starbucks’ U.S. customers would have access to earn and purchase NFTs in the form of digital collector stamps. Each collectible digital stamp, dubbed “Starbucks Odyssey,” has its ownership validated on the blockchain and will have a point value based on how rare it is. The NFTs will be minted on a proof-of-stake blockchain built by Polygon. Users can earn NFTs by engaging in entertaining challenges or playing interactive games with a coffee theme. Read Full on cointelegraph.

– Within 3 Months, SHIB Added Over 40,000 New Holders, Totalling Over 1.2 Million

The most recent data indicates that despite the prolonged general cryptocurrency market decline, some investors are probably banking on the Memecoin, Shiba Inu since the number of addresses has reached a new milestone. SHIB holders totaled 1,221,112 as of September 12, an increase of 40,033 in just three months. Notably, as of June 16, there were only 1,181,079 SHIB holders, representing an increase of 3.38%. Read Full on Finbold.

– Five Entities Own 64% Of The Staked Ethereum (ETH)

Before Ethereum’s much-anticipated merge with the Beacon Chain, a research from blockchain analytics firm Nansen identifies 5 entities that possess 64% of staked Ether (ETH). According to Nansen’s estimate, 65% of the circulating ETH is liquid and 35% is illiquid, or little over 11% of the total. There are 80,000 depositors and 426,000 validators overall, but the research also singles out a select few organizations that control a sizable chunk of staked ETH. Read Full on cointelegraph.

– Chamber Of Digital Commerce Urges SEC To Approve A Bitcoin ETF

In order to protect the interests of investors in the U.S. the crypto advocacy group Chamber of Digital Commerce urged the SEC to approve applications for Bitcoin exchange-traded funds (ETFs). The crypto advocacy group also noted that there had been no cases of theft or hacking, and there had been no signs of market manipulation in connection with the launching of Bitcoin ETFs elsewhere, arguing that the SEC’s earlier rejection of applications was incorrect and unproductive. Read Full on cointelegraph.

– Institutional Investors Are Unfazed By The Crypto Winter, According To State Street

According to State Street, a major bank, institutional investors are unaffected by the current crypto winter and have kept an interest in blockchain technology and digital assets despite the dull market. According to a State Street executive, traditional finance companies will likely continue to introduce new products in the future due to the institutional confidence that the asset class is here to stay.Read Full on cointelegraph.

– Ethereum Merge Is Poised To Increase Institutional Adoption After Completion

According to Bank of America experts, institutional adoption may be boosted by Ethereum’s long-awaited upgrade this week. It further says that huge investors may become more interested in Ethereum if users can stake (or pledge) assets to the network. Institutional investors are much more likely to engage in Ethereum staking in order to produce yield than they are to seek profits through lending and borrowing Ethereum-based assets on dangerous DeFi apps. Read Full on Decrypt.

– Fidelity Will Permit Its 34 Million Individual Investors To Buy Bitcoin (BTC)

According to a Wall Street Journal story, Fidelity Investments is apparently exploring enabling ordinary investors to purchase bitcoin on its brokerage platform. In a recent investor report titled Bitcoin First, the pro-bitcoin financial organization outlined the benefits of choosing to invest in bitcoin over other digital assets. Fidelity is currently working to make this investment instrument available to its more than 34 million individual investors. Read Full on Bitcoin Magazine.