Crypto News Cast 📮 24-02-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1500 B
📊24h Mcap %: 31.56%
⚠️Bitcoin Dom: 61.20%
📌Active Coins: 5508
📍24h Vol %: -86.49%
💲24h Vol: $192 B
Crypto News Updates :
- Recent Analytics Show That 2021 Will be Bullish For NFTs
- Bitcoin is More Than an Alternative Currency Stefan Molyneux
- SBI Partners With JPMorgan to Execute Blockchain-based Payment Network
- Bitcoin To Become Most Preferred Life-Savings Option For Billions of People
- Air France To Test a Blockchain-based Travel Covid-19 Record System
- Jack Dorsey’s Square Buys Additional 3,318 Bitcoins Worth About $170 million
- Bitwise Fund manager Hits Over $1 Billion Assets Under Management
- Billionaires Like Elon Musk should Venture Into Bitcoin - Bill Gate
- Gold advocate Peter Schiff Tweets About Bitcoin More Than Gold
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Recent Analytics Show That 2021 Will be Bullish For NFTs
NonFungible, a Canadian-based analytics company recent report predicts that 2021 will be bullish for the Non-Fungible Token (NFT) industry. NFT sales have surged massively with approximately $60 million non-fungible tokens sold in 24 hours. One collectible in the Cryptopunk series sold for 550 ETH, about $1 million at the time of sale on February 22nd. The report also shows that the total market cap for project-based NFTs finished was $338 million in 2020. Read Full on cointelegraph.
Bitcoin is More Than an Alternative Currency Stefan Molyneux
Crypto evangelist Stefan Molyneux, said that people in the crypto space wouldn’t give up easily after leading the bitcoin adoption to trillion-dollar market capitalization milestone in just a little over a decade. He emphasized that Bitcoin is more than just an alternative currency, a store of value, and a public ledger. In his words, “Bitcoin is the people regaining control over their currency for the first time in the history of the world.” Read Full on Bitcoin News.
SBI Partners With JPMorgan to Execute Blockchain-based Payment Network
State Bank of India (SBI) becomes the first bank to partner with JPMorgan in order to execute fast oversea transactions using the U.S bank’s blockchain technology. The partnership will reduce transaction cost and processing time for clients’ cross border Payments. Venkat Nageswar, deputy of SBI said that their plan is to continue to add new technologies to create real life value for daily transactions. He also look forward to closer partnership with JPMorgan. Read Full on economictimes.
Bitcoin To Become Most Preferred Life-Savings Option For Billions of People
MicroStrategy CEO Michael Saylor predicts that Bitcoin (BTC) will become the preferred Life savings method for billions of people on their phones, five years from now. This was a response to the comment about Bitcoin over 20% dip. He said that the Bitcoin dip is nothing compared to the bigger picture it represents. Bitcoin’s 12-year growth to 1 Trillion-dollar asset out-paced Amazon, Google and Apple. The world needs bitcoin, he emphasized. Read Full on cointelegraph.
Air France To Test a Blockchain-based Travel Covid-19 Record System
Air France partners with MedAire, SGS, International SOS and the International Chamber of Commerce to test a blockchain-based COVID-19 travel system called ICC AOKpass for the passengers. The pilot test for the travel system will start March 11. The ICC AOKpass app was developed by MedAire and the International SOS. This app will contain a secure record of passenger’s COVID-19 test results from approved labs. Read Full on businesswire.
Jack Dorsey’s Square Buys Additional 3,318 Bitcoins Worth About $170 million
Square announced its purchase of additional 3,318 bitcoins worth about $170 million, in a public statement. In addition to their last purchase of $50 million worth of bitcoin, the company’s total Bitcoin holding currently represent 5% of their total portfolio as of December 31, 2020. Square purchased the 3,318 bitcoins at an average price of $51,235. Square believes “Cryptocurrency is an instrument of economic empowerment… for individuals.” Read Full on Square.
Bitwise Fund manager Hits Over $1 Billion Assets Under Management
Bitwise, Crypto fund manager hits a major milestone of over $1 Billion worth of assets under management (AUM) for the first time on Tuesday. Bitwise 10 Crypto Index Fund forms over 90% of the total AUM. Hunter Horsely, Bitwise’s CEO, said they are currently seeing an increasing demand from professional investors and financial advisors for exposure to crypto through index funds. Also, its newly launched DeFi Crypto Index Fund experienced increase. Read Full on cointelegraph.
Billionaires Like Elon Musk should Venture Into Bitcoin - Bill Gate
Microsoft co-founder Bill Gates said in a recent interview that he is worried about people with less money than Elon Musk venturing into Crypto. He said he is not worried about whether the billionaire’s bitcoin will randomly go up or down. Gate had said earlier that he is neutral about Bitcoin because it requires too much involvement and too many anonymous transactions. However, he agrees that digital is great with traceability. Read Full on U.Today
Gold advocate Peter Schiff Tweets About Bitcoin More Than Gold
Gold advocate Peter Schiff and major Bitcoin critic tweeted about Bitcoin 56 times in the last 7 days more than he did about his favorite asset, gold. In one tweet, he supported Jim Bullard stance on the fact that Bitcoin is not a threat to the U.S dollar. In another tweet, he said bitcoin traders should have taken profits instead of just focusing on $100,000 target. Also, he asked to know when to take Profits. Read Full on ZyCrypto.