Crypto News Cast 📮 17-04-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2224 B
📊24h Mcap %: -13.58%
⚠️Bitcoin Dom: 51.30%
📌Active Coins: 6142
📍24h Vol %: -25.43%
💲24h Vol: $265 B
Crypto News Updates :
- Dogecoin Hits over 100% Increase In 24 Hours Of Trading
- Investment Firm, Rothschild Purchased $4.75 million Of Ethereum (ETH)
- London's Most Expensive Property Can Now Be Bought With Bitcoin
- Crypto Could Become A Great Asset Class, BlackRock CEO
- Former CIA Employee, Edward Snowden Auctions His First NFT
- Bitcoin Long-Term Holders Increases Both For Institutions and Individuals
- Bridgewater Founded Ray Dalio Recommends Portfolio Diversification With Bitcoin
- British Hedge Fund, Brevan Howard to Start Investing in Crypto Assets
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Dogecoin Hits over 100% Increase In 24 Hours Of Trading
Dogecoin also known as the meme cryptocurrency have seen over 100% increase within 24hours of trading, making it an unbelievable record of 331.18% increase in the past seven days. This spike also means that cryptocurrency have also increased tremendously to gain over 5,000% in the year-to-date returns. Dogecoin has also entered the eight position of top cryptocurrencies per market cap. The spike came after Elon Musk's tweet yesterday. Read Full on coininsider.
Investment Firm, Rothschild Purchased $4.75 million Of Ethereum (ETH)
Financier Rothschild Investment Corporation made its first ever investment in crypto by purchasing over 265,302 shares ($4.75 million worth as at March 31) of the Grayscale Ethereum Trust (ETHE). Aside the ETHE, Rothschild also added Grayscale Bitcoin Trust by nearly 8,000 shares to 38,346 shares. This move made Rothschild the first name-brand institutional fund to seek ETH exposure through Grayscale’s trust product. Ethereum grows popularity among investors with inflows of $113 million last week. Read Full on CryptoSlate.
London's Most Expensive Property Can Now Be Bought With Bitcoin
The most expensive property( a penthouse in the One Hyde Park development in the United Kingdom) is being sold by tycoon Nick Candy. It's up for £175 million (~$241 million) with the option to pay in Bitcoin and Ethereum ie. 3,865 BTC or 98,590 ETH at current rates and if sold, would become the most expensive asset ever sold in crypto. Estate agents Savills Plc and Knight Frank are in charge of the transaction. Read Full on Decrypt.
Crypto Could Become A Great Asset Class, BlackRock CEO
Asset management firm BlackRock CEO Larry Fink during his episode on Squakbox, shared that cryptocurrencies could become “a great asset class.” Fink said he is fascinated with Crypto and also encouraged by how many people are focusing on it. The CEO of the largest asset manager in the world also admitted that they are studying Crypto and have made money from it especially with massive global interest It’s receiving. Read Full on U.Today
Former CIA Employee, Edward Snowden Auctions His First NFT
Edward Snowden joins the trend to launch of his first non-fungible token (NFT) Titled "Stay Free". He made this launch through a Foundation, a secure community-curated NFT marketplace where Nyan Cat meme and Overly Attached Girlfriend meme were sold earlier this month. Snowden token's bidding starts on April 16, 2021, minted on Ethereum network. The winner of the aution gets to own Snowden's first NFT, and possibly his last. Read Full on Decrypt.
Bitcoin Long-Term Holders Increases Both For Institutions and Individuals
Recent Glassnode chart shows an increase in the number of Bitcoin Long term holders and miners who continue to accumulate bitcoin rather than sell it, this is as a result of the continue increase of the cryptocurrency to $64,536 on April 14, hitting new all time highs. Also, Institutional interest in cryptocurrency have seen increase as major firms as Rothschild Investment Corporation have bought a hand full of Bitcoin or Ethereum. Read Full on U.Today
Bridgewater Founded Ray Dalio Recommends Portfolio Diversification With Bitcoin
Bridgewater Associates founder Ray Dalio, shared at the Texas A&M’s Bitcoin Conference that Bitcoin has proven itself “as money with imputed value.” He encouraged investors to diversify their portfolio with Bitcoin. Also, the billionaire hedge fund manager emphasized that the largest cryptocurrency has never suffered any form of hack and has been gaining massive mainstream adoption. He criticized the government that is against the digital assets. Read Full on U.Today
British Hedge Fund, Brevan Howard to Start Investing in Crypto Assets
British hedge fund, Brevan Howard plans to start investing in Crypto assets. The asset manager plans to invest up to 1.5% of a $5.6 billion fund in digital assets. The Investment will be led by Johnny Steindorff and Tucker Waterman, co-founders of Distributed Global, a crypto investment firm. The firm has about $10 billion under management as of September 2020. Howard also owns Elwood Asset Management, focused on crypto. Read Full on theblockcrypto.