Crypto News Cast đŽ 14-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $2388 B
đ24h Mcap %: Â Â Â Â 145.60%
â ď¸Bitcoin Dom:    45.40%
đActive Coins: Â Â Â 6460
đ24h Vol %: Â Â Â Â Â Â 2.05%
đ˛24h Vol:        $106 B
Crypto News Updates :
- Deputy Finance Minister â Russia Will Not Follow Chinaâs Crypto Ban Method
- Investment in Cardano ($ADA) Gives Gene Simmons Over 133% Returns
- Billionaire Chamath Palihapitiya Explains That US Can Not Ban Bitcoin And Crypto
- Litecoin Overtakes Ethereum Per Active Address As Revealed By Santiment Data
- Coinbase Joins In The NFT Craze, Launches Its Own Social Platform
- Miami Mayor Reveals Plans To Pay City Employees In Bitcoin
- Investment Firm BlackRock CEO Explains Team Is Researching Blockchain And Crypto
- US Now Ranks The Largest Bitcoin Mining Market After Chinaâs Ban
- Digital Assets Could Be In a Position To Threaten US Dollarâs Dominance
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â Deputy Finance Minister â Russia Will Not Follow Chinaâs Crypto Ban Method
Russiaâs Deputy Finance Minister Alexei Moiseev made some statements while talking to reporters on Tuesday, indicating that the government had no intentions to follow the steps of Chinaâs ban on cryptocurrency trading. Also, citizens will still have access to buy digital assets and use crypto wallets on foreign exchanges, but the countryâs ban on crypto payments still remains valid as reported by Alexei Moissev. Read Full on U.Today.
â Investment in Cardano ($ADA) Gives Gene Simmons Over 133% Returns
Data shows that the $300,000 investment into Cardano (ADA) by Gene Simmons, the iconic bass player of the popular rock bank Kiss back in February has seen profits, representing more than double of the capital. ADAâs price continues surging up, record shows that In the last 12 months, ADA is up over 1,800%, which already gives Simmons over 100% of his investment, as Simmons reveals in an interview on the Altcoin Daily YouTube channel. Read Full on CryptoGlobe.
â Billionaire Chamath Palihapitiya Explains That US Can Not Ban Bitcoin And Crypto
Billionaire investor and CEO of venture capital firm Social Capital, Chamath Palihapitiya while talking during a new All-In Podcast interview notes that the US can no longer effectively ban Bitcoin and crypto, saying the crypto industry is now too big to be under any ban by the US government. This comes after Federal Reserve Chairman Jerome Powell said he has no intention to place a ban on cryptocurrencies.Read Full on The Daily Hodl.
â Litecoin Overtakes Ethereum Per Active Address As Revealed By Santiment Data
According to information from Popular analytics vendor Santiment on twitter, it says that the 15th largest blockchain, Litecoin (LTC) has surpassed the biggest DeFi and NFT platform token ETH by active wallets. Also, Santiment analysts states that the Ethereum on-chain activity is under a lot of pressure because of the current high fees and also tweets about Litecoinâs payment count noting that LTC-receiving wallets is on a new high. Read Full on U.Today.
â Coinbase Joins In The NFT Craze, Launches Its Own Social Platform
Coinbase is getting set to launch its own non-fungible token (NFT) platform, the target is for it to compete with market toppers OpenSea and recently launched FTX Solana NFT platform. However, thereâs not much detailed information on the official page but Coinbase fashion is asking users to sign up through a waiting list. Also, for newly launched collections discovery on peer-to-peer platforms, some social features are installed to cover that. Read Full on BeInCrypto.
â Miami Mayor Reveals Plans To Pay City Employees In Bitcoin
According to an Interview with Bloomberg On October 12th, Mayor Francis Suarez says Miamiâs top priority now is to activate bitcoin as a payment option for government employee salaries and citizensâ taxes and fees. Also, The city will be making a formal request proposal this month, targeted at realizing the mayorâs plans as a payment track will be created by the city to give citizens access to pay fees and taxes in bitcoin. Read Full on Bitcoin Magazine.
â Investment Firm BlackRock CEO Explains Team Is Researching Blockchain And Crypto
During a segment on BlackRock CEO Larry Fink during a section on the CNBCâs âSquawk Box,â on Wednesday, 13 October discusses cryptocurrencies and investing in global markets investments. Itâs remarkable how the firm is growing in massive expansion as the number of financial service firms establishing and developing crypto platforms continues to grow. CEO Larry notes that his team is researching blockchain technology and the idea of crypto.Read Full on Finbold.
â US Now Ranks The Largest Bitcoin Mining Market After Chinaâs Ban
According to information from The Cambridge University, the United States is now the worldâs largest market for Bitcoin mining, now holding a share of 35.4% of the market. This is coming on the heels of the massive movement of miners out from China after the countryâs crypto mining ban earlier this year. Furthermore, Kazakhstan and Russia follow after the United States, with shares of 18.1% and 11% respectively. Read Full on Decrypt.
â Digital Assets Could Be In a Position To Threaten US Dollarâs Dominance
A recent report posted live on the Federal Reserveâs website states that Digital assets are considered to be a possible threat to dominance of the US dollar. Researchers go on to point out a few factors that could make this claim actual, citing a âshifting payments landscapeâ and the ârapid growthâ of the private sector digital currencies could place them in a place of dominance above the US Dollar, despite being sanctioned by governments. Read Full on The Daily Hodl.
