Crypto News Cast 📮 04-02-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1113 B
📊24h Mcap %: 0.90%
⚠️Bitcoin Dom: 61.64%
📌Active Coins: 5327
📍24h Vol %: 0.87%
💲24h Vol: $143 B
Crypto News Updates :
- Guggenheim Bitcoin Could Reach $600,000 Says Guggenheim Chief Investment Officer
- Visa Launches A Crypto APIs Pilot Program To Offer Bitcoin Services
- Bitwise Files For Listing Of Its Bitcoin Fund In OTC Markets
- On-chain Analyst Willy Woo Predicts 1 Billion Bitcoin Users In 4 Years
- Canadian Investment Firm Files For Listing Of Accelerate Bitcoin Exchange-Traded Fund
- pNetworks Launches Wrapped EOS Launches On Ethereum Blockchain As pEOS
- Grayscale Investment Buys Additional 7,756 Bitcoin Worth $255 Million
- Miami Mayor Said Miami City Employees Can Receive Salaries In Bitcoin
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Guggenheim Bitcoin Could Reach $600,000 Says Guggenheim Chief Investment Officer
Guggenheim ‘s chief investment officer, Scott Minerd, (CIO), predicts that Bitcoin could hit $600,000 especially looking at the fundamental analysis comparison to gold. Miners shared that comparing the supply of Bitcoin to the supply of gold in the world, and also the total value, Bitcoin could hit between $400,000 to $600,000 per Bitcoin. The Guggenheim executive expect to see a 50 percent price correction for Bitcoin.CIO Says Bitcoin Could Reach $600,000 Read Full on U.Today
Visa Launches A Crypto APIs Pilot Program To Offer Bitcoin Services
Visa announced that it is launching Crypto APIs pilot program, a collection of application programming interfaces (APIs) that will allow banks to offer bitcoin services to clients. The API would allow their customers to easily buy and sell digital assets such as bitcoin as an investment. First Boulevard is the first bank to get involved in the Visa pilot program. Visa released a wait list for other banks to join. Read Full on CoinDesk.
Bitwise Files For Listing Of Its Bitcoin Fund In OTC Markets
Bitwise has begun the filing process to list its bitcoin fund on OTC Markets. Approval of the regulatory process will enable Bitwise Bitcoin Fund to trade like Grayscale Bitcoin Trust (GBTC) on OTC Markets. The OTC listing would give any investor with a traditional brokerage account opportunity to trade the fund’s shares. Matt Hougan, chief investment officer (CIO) of Bitwise, said the listing will happen in months time. Read Full on theblockcrypto.
On-chain Analyst Willy Woo Predicts 1 Billion Bitcoin Users In 4 Years
On-chain Analyst Willy Woo, shared in a series of tweet that bitcoin will gain massive adoption by a billion users within the next 4 years. Woo, said that bitcoin currently has 135 million users, which is the same number of users that the internet had in 1997. But then, bitcoin’s growth is moving more faster than the internet did at that time. Bitcoin has roughly the same number of users as the Internet had in 1997. Read Full on ZyCrypto.
Canadian Investment Firm Files For Listing Of Accelerate Bitcoin Exchange-Traded Fund
Canadian Investment Firm, Accelerate Financial Technologies, files for listing of Accelerate bitcoin exchange-traded fund (ABTC) with Canada’s securities regulators. The Bitcoin fund will list on the Toronto Stock Exchange (TSX) after it gains approval. Julian Klymochko, founder and CEO of Accelerate believes Bitcoin is one of the best performing assets so far. Denominations in both U.S. and Canadian dollar would be offered by the Bitcoin fund. Read Full on CoinDesk.
pNetworks Launches Wrapped EOS Launches On Ethereum Blockchain As pEOS
DeFi start-up, pNetworks, announced the launch of pEOS on Ethereum blockchain, an Ethereum-based token pegged to Eos (EOS). The integration between EOS and Ethereum will enable native usage of EOS tokens on Ethereum dApps. pNetwork’s minting mechanisms can also be integrated into Ethereum’s DeFis and DEXs. In other words, decentralized EOS can now easily interact with Ethereum in a more decentralized manner. Read Full on U.Today.
Grayscale Investment Buys Additional 7,756 Bitcoin Worth $255 Million
Grayscale announced that they purchased extra 7,756 bitcoin, worth valued at $255 million, in recent filing with the Securities and Exchanges Commission (SEC). They also issued another 8 million shares with each worth about 0.001 bitcoin through their Grayscale Bitcoin Trust (GBTC). Grayscale currently has a total shares of almost 700 million Bitcoin in the OTC Markets. The firm allows accredited investors with $100,000 income a year, to issue these shares. Read Full on Trustnodes.
Miami Mayor Said Miami City Employees Can Receive Salaries In Bitcoin
Miami city employees preferred to receive their salaries paid in Bitcoin rather than dollars. Miami Mayor Francis Suarez said in an interview that paying employee salaries in BTC is part of the City’s move to support Bitcoin adoption and make it Bitcoin-friendly. Twitter and Square CEO Jack Dorsey endorsed it as a smart move. Germini co-founder Tyler Winklevoss also commended the trailblazing move by the mayor towards Bitcoin. Read Full on cointelegraph.