Crypto News Cast 📮 12-02-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1444 B
📊24h Mcap %: -1.00%
⚠️Bitcoin Dom: 60.70%
📌Active Coins: 5366
📍24h Vol %: 5.10%
💲24h Vol: $210 B
Crypto News Updates :
- Blue Ridge Bank Offers Bitcoin Buy and Sell Option Through ATMs
- Lightning Network Nodes Hits 8900 Record High With TVL of $42M
- Uber To Accept Bitcoin If There is Need For It
- America’s Oldest Bank BNY Mellon To Custody Cryptocurrencies
- PayPal To Launch Crypto Services To Its UK Customers
- Kraken Launches Investment Fund To Support Fintech Startup and Crypto Protocols
- U.S. Capital Markets Ready For a Bitcoin ETP - Hester Peirce
- First Bitcoin ETF in Canada Gets Approved By Ontario SEC
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Blue Ridge Bank Offers Bitcoin Buy and Sell Option Through ATMs
Automatic Teller Machines (ATMs) at Virginia community bank, Blue Ridge Bank becomes the first U.S.-based community bank to offer bitcoin purchases and redemptions as an option. This was a response to the high demand for bitcoin. Blue Ridge partnered with BluePoint ATM Solutions and Boston-based Bitcoin ATM software firm LibertyX to provide the ATM services. To buy BTC from Blue Ridge, users must have LibertyX phone app and digital wallet. Read Full on CryptoGlobe.
Lightning Network Nodes Hits 8900 Record High With TVL of $42M
The Lightning Network nodes has grown 75% in size over the past year, hitting a high record of 8,900 nodes for the first time on February 8, as recorded by LN monitors at Bitcoin Visuals. This growth is an indication that users are adopting the layer-two solution to escape transaction fees. Total dollar value of 1,000 to 1,100 BTC locked in LN channels since August 2020 hit a record of $42.72 million at current prices. Read Full on cointelegraph.
Uber To Accept Bitcoin If There is Need For It
Uber will accept bitcoin and other cryptocurrencies as a form of payment if there is a benefit and a need for it said Uber CEO Dara Khosrowshahi, in an interview. However, Khosrowshahi shared that Uber is not considering investing in bitcoin as part of its treasury because they are not in the speculation business and will most definitely keep their cash. Read Full on theblockcrypto.
America’s Oldest Bank BNY Mellon To Custody Cryptocurrencies
Bank of New York Mellon (BNY Mellon), America’s oldest bank with $40 trillion worth of assets under management, plans to custody bitcoin and other cryptocurrencies at the latter end of the year. Roman Regelman, BNY Mellon executive said that Digital assets are gaining mainstream adoption so they will make it easier for their clients to access the possibilities affiliated with the usage of digital assets. Read Full on theblockcrypto.
PayPal To Launch Crypto Services To Its UK Customers
PayPal plans to offer cryptocurrency services to its UK customers in a few months time, according to Jonathan Auerbach, PayPal executive, in a recent update. Offering its plethora of Crypto services to UK is part of Paypal’s plan to expand crypto services to non-US countries. This is their first major move in that direction. Retail demand for Paypal’s Crypto has pushed the stock price upwards. Read Full on Decrypt.
Kraken Launches Investment Fund To Support Fintech Startup and Crypto Protocols
Kraken crypto exchange, launches Kraken Ventures, an investment fund to support fintech Startup companies and protocols. Jesse Powell, co-founder and CEO of Kraken, said that the Investment fund will create a more inclusive, and transparent which will support entrepreneurs as crypto transforms the Financial Industry and creates digital economies. The fund will invest in fintech, crypto protocols, DeFi, AI, machine learning, cybersecurity. Read Full on Decrypt.
U.S. Capital Markets Ready For a Bitcoin ETP - Hester Peirce
U.S. Securities and Exchange Commissioner Hester Peirce said that U.S capital markets are ready for a bitcoin exchange-traded product (ETP). Peirce believes that if it’s not made available, the people will obtain it from other ways. She also said that banning Crypto is impossible irrespective of the shadows of doubt cast on it. Pierce said she looks forward to working with SEC chairman nominee Gary Gensler once he is confirmed by the Senate. Read Full on CoinDesk.
First Bitcoin ETF in Canada Gets Approved By Ontario SEC
First Bitcoin Exchange Traded Fund has been officially approved in Canada, North America for Accelerate Financial investment firm. Ontario Securities Commission gave a go ahead for the Bitcoin ETF. The approval document covers these areas: British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut. Read Full on Decrypt.