Crypto News Cast For February 25th 2021 ?

in news •  4 years ago 

Crypto News Cast February 25th 2021

Crypto News Cast 📮 25-02-2021

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap: $1553 B
📊24h Mcap %: 49.68%
⚠️Bitcoin Dom: 61.60%
📌Active Coins: 5515
📍24h Vol %: -43.55%
💲24h Vol: $145 B

Crypto News Updates :

  • Decentralized Exchanges and Bitcoin Futures Records New High Trading Volumes
  • MicroStrategy Buy Additional 19,452 Bitcoin Currently Valued at $1.026 billion
  • Binance Futures Hits Over $100 billion Record High 24-hour Trading Volume
  • Standard Bank Group Becomes First African Node operator on Hedera Network
  • Swiss Bank Bordier Partners With Sygnum Bank To Offer Crypto Trading
  • Chainlink Launched OCR Upgrade, Reducing Gas Cost and Load by Tenfold
  • IBC Dubai Private Equity Firm To Invest 100,000 BTC in Miami
  • Brave browser To Integrate DEX Aggregator and Wallet to Support NFTs
  • U.S. Fed is Considering a Digital Dollar According to Jerome Powell

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Decentralized Exchanges and Bitcoin Futures Records New High Trading Volumes

Dune Analytics records new high trading volume on major decentralized Exchanges. Decentralized Exchanges surpassed a total trading volume of $4.2 billion in 24 hours. The leading DEXes includes Uniswap, SushiSwap, Curve, 0x and Bancor Protocol. Compared to 2019 trading volume, the recent trading volume increases more than 500x from 2019. Also, Bitcoin futures trading records a new all-time high of about $175 billion according to Skew analytics. Read Full on U.Today

MicroStrategy Buy Additional 19,452 Bitcoin Currently Valued at $1.026 billion

MicroStrategy increased its Bitcoin holding with an additional 19,452 Bitcoin, worth $1.026 billion, at an average price of $52,765 per Bitcoin. The business intelligence company now holds about 90,500 Bitcoin, and currently valued at $4.5 billion at current prices. MicroStrategy spent an average $23,985 per Bitcoin. The company has been stacking up in different purchases bitcoin since August 2020 till date. Read Full on Decrypt.

Binance Futures Hits Over $100 billion Record High 24-hour Trading Volume

24-hour trading volume on Binance Futures surpassed a record high of over $100 billion as the crypto market faced a stormy period. Data from metrics platforms like Coingecko and Coinmarket cap confirmed this. Aaron Gong, the Vice President of Binance Futures shares that the milestone is exciting but also poses a challenge for the leading exchange to ensure that they meet up with the demand from their users and upgrade user experience. Read Full on CryptoPotato.

Standard Bank Group Becomes First African Node operator on Hedera Network

Standard Bank Group, Africa’s largest bank by assets partners with Hedera Hashgraph to Become the first African node operator on the Hedera network. The African bank has also joined other major corporations like Google, LG, and IBM to become a member of the Hedera Governing Council. As a node operator on the Hedera network, to facilitate cross-border trade in Africa, and also connect the continent to partners in major markets like China. Read Full on cointelegraph.

Swiss Bank Bordier Partners With Sygnum Bank To Offer Crypto Trading

Swiss private bank Bordier & Cie SCmA, partners with Sygnum Bank to offer its client a platform for trading and store bitcoin and other cryptocurrencies on execution-only basis. Clients at Bordier are massively demanding for exposure to investing in cryptocurrencies and diversifying their portfolios, according to Evrard Bordier, managing partner at Bordier. Sygnum’s B2B Banking solution will sync with Bordier’s internal infrastructure. Read Full on Bordier.

Chainlink Launched OCR Upgrade, Reducing Gas Cost and Load by Tenfold

Chainlink launched a major upgrade for its oracle network, called Off-Chain Reporting (OCR). OCR changes how data is joined together across multiple sources by the oracle network. The upgrade will reduce gas costs and load on the Ethereum network and will also bring about tenfold increase in the amount of real-world data that could be available on the blockchain, Sergey Nazarov, founder of Chainlink, told explained. Read Full on cointelegraph.

IBC Dubai Private Equity Firm To Invest 100,000 BTC in Miami

IBC Group, a Dubai private equity firm sets aside $4.8 billion in Bitcoin to invest in Miami. IBC will use 100,000 BTC to establish the Miami 2.0 Blockchain Strategy Foundation and support other projects, according to a press release last week. Miami Mayor Francis Suarez prides in making Miami a major cryptocurrency hub. He had previously hired a chief Technology Officer and had promoted the use of Bitcoin. Read Full on Decrypt.

Brave browser To Integrate DEX Aggregator and Wallet to Support NFTs

Brave browser’s new roadmap, “Roadmap 2.0”, includes plans to integrate DEX aggregator. The new Ethereum-native wallet will support non-fungible tokens mobile with enhanced API functionality. BAT token holders and users who pay for transaction fees in BAT will be rewarded for using the DEX aggregator. Brave plans to support assets across multiple chains with both layer-one and layer-two scaling solutions to minimize ETH gas fees. Read Full on cointelegraph.

U.S. Fed is Considering a Digital Dollar According to Jerome Powell

Jerome Powell U.S. Fed Chair shared during Federal Reserve’s semiannual report to the Senate Banking Committee that the Fed is looking “very carefully” at developing and issuing a digital dollar, considering the fact that other central banks in the world are looking at it too. He also shared that the Fed is looking at all angles of policy and technical questions that may arise to determine whether they will venture into it. Read Full on Decrypt.

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