Crypto News Cast 📮 19-02-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1653 B
📊24h Mcap %: 68.26%
⚠️Bitcoin Dom: 60.50%
📌Active Coins: 5440
📍24h Vol %: 13.40%
💲24h Vol: $156 B
Crypto News Updates :
- Dubai Government Entity Kiklabb Now Accepts Payments For Licences In Bitcoin
- Nigeria and South East Asia Led in Crypto Adoption in 2020
- The Motley Fool Invests $5 Million in Bitcoin For Long Term
- Peter Schiff Admits Bitcoin Could Hit $100k After Surpassing His Expectations
- NVIDIA to Launch Processor for Ethereum Mining
- Number of Bitcoins Whales Increases as Bitcoin Surges to New Price Levels
- BNB Flips Tether By Market Cap After Price Surge To 43%
- British Auction House Christie’s Accepts ETH For Art Auction Payment
- Canton Zug of Switzerland Now Accepts Bitcoin, Ether For Tax Payments
- Cardano’s Mary Hard Fork To Launch On March 1 on Mainnet
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Dubai Government Entity Kiklabb Now Accepts Payments For Licences In Bitcoin
Kiklabb, government-owned entity in Dubai, United Arab Emirates (UAE) now accepts payments for licences, visas and office lease in Bitcoin. Tasawar Ulhaq, CEO of Kiklabb, shared that the choice to accept Bitcoin for Payments came from having clients from the blockchain and Fintech industry. Ulhaq also said that Crypto opens the door to many global opportunities for entrepreneurs because crypto is the payment method of the future. Read Full on Bitcoin News.
Nigeria and South East Asia Led in Crypto Adoption in 2020
Survey by Statista shows that at least one in three respondents to the survey used or owned crypto assets in 2020, making Nigeria the leading country for Bitcoin and cryptocurrency adoption, followed by Southeast Asia. The survey showed that peer-to-peer payments played a role for majority of Nigerians to explore crypto and they are also considering Crypto as a preferred option for cross-border remittances. Read Full on cointelegraph.
The Motley Fool Invests $5 Million in Bitcoin For Long Term
The Motley Fool plans to add $5 million worth of Bitcoin to its portfolio and hold for several years. In addition, the firm will offer BTC to investors through its 10X real-money portfolio. The Motley Fool shared that their Investment decision is backed by the fact that BTC is a better store of value than gold. Also, as Bitcoin price becomes more stable, it will be a preferred option for transactions and hedge against inflation. Read Full on Crypto Briefing.
Peter Schiff Admits Bitcoin Could Hit $100k After Surpassing His Expectations
Peter Schiff predicts a new price target of $100,000 and changed his stance on his bitcoin prediction after Bitcoin’s price surpassed his expectations and hit a new all-time-high above $50,000. He admits that the number one cryptocurrency by market cap has more possibility to hit $100,000 now that it crossed his $50k expectation. In his words, “I must admit that a move up to $100,000 can’t be ruled out.” Read Full on Bitcoin News.
NVIDIA to Launch Processor for Ethereum Mining
NVIDIA, the computer company known for its chips and graphics cards, has announced a new GPU specifically geared toward mining Ethereum cryptocurrency. Graphics cards like NVIDIA’s are notoriously difficult to get a hold of, in part because they’re so in demand for professional crypto miners. By intentionally lowering the computing power of the RTX 3060, and launching a new processor designed specifically for pro miners, NVIDIA is hoping to address those shortages. Read Full on Decrypt.
Number of Bitcoins Whales Increases as Bitcoin Surges to New Price Levels
The number of bitcoin whales surges to a new all-time high, with 94,000 BTC addresses holding at least $1 million in bitcoin. The number of bitcoin whales increased mostly because of the price of Bitcoin which has been surging. And also, whales have also been accumulating BTC, as research from data analytics platform Whalemap has spotted that addresses holding between 1,000 and 10,000 BTC – between $41 million and $500 million – have been growing. Read Full on CryptoGlobe.
BNB Flips Tether By Market Cap After Price Surge To 43%
BNB, Binance native token hits a new all-time high of $250 during Friday morning’s Asian trading session, with a 43% increase in 24 hours. The price surge pushed BNB’s market cap to $40 billion flipping the total market cap of Tether to 4th place. BNB is now among top 3 performing crypto assets by market cap after flipping Cardano, Polkadot, and Tether to settle behind Ethereum in third place. Read Full on CoinMarketCap.
British Auction House Christie’s Accepts ETH For Art Auction Payment
Christie’s, British auction house plans to accept ether (ETH) as payment at the upcoming digital art auction, for artwork by digital artist Mike “Beeple” Winkelmann. But, the premium must be paid in U.S. dollars. The artwork being sold is tagged the “EVERYDAYS: THE FIRST 5000 DAYS,” which is a collage of thousands of pieces of art by Beeple. Also, a unique nonfungible token encrypted with Beeple’s signature will accompany the artwork. Read Full on CoinDesk.
Canton Zug of Switzerland Now Accepts Bitcoin, Ether For Tax Payments
The canton of Zug partners with Bitcoin Suisse in Switzerland for the initiative of accepting bitcoin and ether for tax payments. Bitcoin Suisse will convert residents' BTC and ETH tax payments into Swiss Francs for the Swiss Confederation member state, Canton of Zug. Residents make payments simply by scanning a QR code and paying from a crypto wallet of choice. Payment is capped at CHF 100,000 (about $110,000). Read Full on theblockcrypto.
Cardano’s Mary Hard Fork To Launch On March 1 on Mainnet
Cardano releases a date for its Hard Fork Combinator (HFC) event tagged “Mary.” The Cardano network upgrade will hold on March 1, after the HFC has gone through every quality assurance and developer checks on February 24, according to Charles Hoskinson, Cardano founder. Users would need to upgrade their nodes to have access to the new network upgrade. The Mary hard fork will fully unlock Cardano’s smart contract functionality. Read Full on CryptoPotato.