Crypto News Cast For October 12th 2021 ?

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7 Min Read

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Crypto News Cast 📮 12-10-2021

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2295 B
📊24h Mcap %:       -22.10%
⚠️Bitcoin Dom:        45.80%

📌Active Coins:       6460
📍24h Vol %:           -1.32%
💲24h Vol:                $109 B

Crypto News Updates :

  • Cryptocurrency Now A Payment Method For Australians When Buying Houses
  • WallStreet Likely To Receive Four Bitcoin Futures ETFs Within Few Weeks
  • Bitcoin Miner Bitfury Plans Going Public With Value in Billions of Pounds
  • After August Network Update, Over 500,000 ETH Worth $1.7B Was Burnt
  • Crypto Use Spikes In Afghanistan As Taliban Takeover Rule Grows
  • Billionaire Bill Miller Shows Supports For Bitcoin, Though Skeptical On Altcoins
  • Option To Pay For Airline Tickets Using Cryptocurrency In Venezuela Is Underway
  • Ripple With Nelnet Supports Solar Energy Projects And Reduce Carbon Footprint


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– Cryptocurrency Now A Payment Method For Australians When Buying Houses

Lee Hames, chief operating officer for Lloyds Auctioneers and Valuers, announced in a statement that Lloyds Auctions Australia will begin accepting cryptocurrency as a payment option to acquire houses. The real estate online auctions can be bought using bitcoin. Already, a caravan worth AU$100,000 (US$76,000) was acquired and payment was done in Bitcoin within just a few hours of the new payment method announcement.
 Read Full on Forkast.

– WallStreet Likely To Receive Four Bitcoin Futures ETFs Within Few Weeks

A Bitcoin Futures ETFs which will give investors exposure to bitcoin without having to hold the asset, is set to be decided by The Securities and Exchange Commission (SEC) in a few weeks. This means that SEC will get to reject, approve or delay the four Bitcoin futures ETFs applications this month, these includes the ProShares Bitcoin Strategy ETF, Invesco Bitcoin Strategy ETF, VanEck Bitcoin Strategy ETF, and Valkyrie Bitcoin Strategy ETF.
 Read Full on Finbold.

– Bitcoin Miner Bitfury Plans Going Public With Value in Billions of Pounds

According to Telegraph, Bitcoin mining company Bitfury is gearing up to go public in what is referred to as Europe’s biggest cryptocurrency valuation, the company is however trying to gain exposure and advice from Deloitte on the potential public listing that could have its price tag in the billions of pounds. The company is currently valued at about $1 billion, with investors such as Mike Novogratz’s Galaxy Digital.
 Read Full on Coindesk.

– After August Network Update, Over 500,000 ETH Worth $1.7B Was Burnt

Reports from an industry researcher Evan Van Ness notes that More than 500,000 ETH worth around $1.7 billion at current prices has been destroyed since the Aug 5 London upgrade deployed EIP-1559. There”s also a report of a daily burn rate of 5.2 ETH per minute, which is approximately $18,356 per minute. The Ethereum monetary system has an inflation rate of 2.2% per year checking from current rates under proof of work mining.
 Read Full on BeInCrypto.

– Crypto Use Spikes In Afghanistan As Taliban Takeover Rule Grows

As the Taliban takes over Afghanistan and seized bank operations, many Afghans now turn to cryptocurrency as a method for funds storage and also against inflation. This has caused a massive rise in cryptocurrency usage in the past months, now placing Afghanistan into the top 20 of the 154 countries in the 2021 Global Crypto Adoption Index. This is due to its major role as Afghans now use it as a safe platform to store their funds.
 Read Full on BeInCrypto.

– Billionaire Bill Miller Shows Supports For Bitcoin, Though Skeptical On Altcoins

During a recent interview between Bill Miller, a profound Wall Street investor and founder of Miller Value Partners and author William Green, Bill Miller shows massive support for Bitcoin (BTC). Miller advocates for the rise of the largest cryptocurrency but is skeptical when it comes to altcoins, especially with the ones founded during 2017. He goes on in a documented speech describing Bitcoin as Digital Gold.
Read Full on cointelegraph.

– Option To Pay For Airline Tickets Using Cryptocurrency In Venezuela Is Underway

Crypto payment option adoption continues gaining massive acceptance and mainstream attention, just recently, Freddy Borges, Director of the Maiquetía International Airport announced that Travelers will soon be able to purchase airline tickets in Venezuela using cryptocurrencies in the future. The plan is to work with using cryptocurrencies like dash, bitcoin, and the national petro in the airport”s payment system.
 Read Full on Bitcoin News.

– Ripple With Nelnet Supports Solar Energy Projects And Reduce Carbon Footprint

Blockchain company Ripple recently announced a deal partnership with Lincoln-based financial services company Nelnet, targeted at investing $44 million for the company’s renewable energy business division. This will help provide funding for American solar power projects. Ken Weber, Ripple’s head of social impact, goes on to say that reducing the industry’s carbon footprint should be one of the major priorities and vision.
 Read Full on prnewswire.

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