Crypto News Cast 📮 16-01-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1039 B
📊24h Mcap %: 26.89%
⚠️Bitcoin Dom: 67.10%
📌Active Coins: 5184
📍24h Vol %: 11.74%
💲24h Vol: $155 B
Crypto News Updates :
- Chainlink (LINK) Tapped New All-Time High Value
- Miami Mayor Willing To Put City's Treasury Reserves Into Bitcoin
- Mike Novogratz's Galaxy Digital Enters Into Bitcoin Mining
- Goldman Sachs May Reportedly Enter Crypto Market Soon
- Polkadot Becomes 4th-Largest Cryptocurrency By Market Cap
- K-Pop's Girl Group Will Use Blockchain To Sell Digital Product
- Canada’s Public Bitcoin Fund Hits $1 Billion
- NYDIG CEO Says Big institutions Are Only Interested In Bitcoin
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Chainlink (LINK) Tapped New All-Time High Value
LINK the token that underpins the eponymous decentralized oracle network managed to achieve a new peak. Chainlink (LINK) touched a new all-time high of $21.45 on the Binance exchange at 1:32 p.m. UTC, eclipsing its Aug. 18 peak of $20.16 that marked the top of its massive uptrend that took place last summer. Chainlink's native token has seen its price surge by more than 44% in the past three days. Read Full on u.today.
Miami Mayor Willing To Put City's Treasury Reserves Into Bitcoin
Miami mayor Francis Suarez is considering putting some of the city's treasury reserves into bitcoin (BTC). Suarez said he wants to make Miami "one of the most crypto forward and technological cities" in the country. To that end, the city is looking to create a regulatory framework that makes it "the easiest place" in the U.S. to do crypto business. Suarez thinks bitcoin's price will only go up, given that its supply is limited and as it becomes more mainstream. Read Full on The Block.
Mike Novogratz's Galaxy Digital Enters Into Bitcoin Mining
Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners. The first project Dubbed Galaxy Digital Mining will be a new business unit that Galaxy describes as "a one-stop financial services platform for miners." Alongside miner-focused financial services, Galaxy Digital Mining has also created a proprietary Bitcoin mining operation and is reportedly hosting its rigs at a third-party datacenter in the United States. Read Full on cointelegraph.
Goldman Sachs May Reportedly Enter Crypto Market Soon
U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank. When asked about timing, the Goldman source said the bank’s custody plans would be “evident soon.” Like JPMorgan, Goldman Sachs have issued an RFI looking at digital custody and are broadly exploring digital custody and deciding what the next step will be, told Goldman source. Read Full on CoinDesk.
Polkadot Becomes 4th-Largest Cryptocurrency By Market Cap
Polkadot and XRP are going in opposite directions as Polkadot's price surge continues. The protocol's native DOT token is now trading for $14.66, after experiencing a nearly 60% rise over the last week. Just two days ago, its market capitalization pushed past $10 billion for the first time. Now, according to data from CoinMarketCap, it's gone past $13 billion to overtake XRP. With a market cap of $13.2 billion, Polkadot is currently the fourth-largest cryptocurrency by market cap. Read Full on Decrypt.
K-Pop's Girl Group Will Use Blockchain To Sell Digital Product
Fans of K-Pop girl group Mamamoo will soon be able to buy digital products related to the band using blockchain technology. RBW (Rainbowbridge World), a South Korean entertainment company representing Mamaoo and other popular K-Pop artists such as Vromance and Oneus, is jumping into the crypto world by issuing non-fungible tokens (NFT) on Hong Kong-based exchange Xeno. The tokens will give a claim of real ownership in digital products related to RBW entertainers. Read Full on CoinDesk.
Canada’s Public Bitcoin Fund Hits $1 Billion
Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund. 3iQ’s Bitcoin Fund (QBTC) hit the $1 billion mark, the company announced. The new milestone demonstrates QBTC’s parabolic growth after 3iQ launched the fund in April 2020. QBTC is now up 900% from its previous milestone of $100 million recorded in October 2020. 3iQ’s QBTC is Canada's first public Bitcoin fund listed on a major stock exchange, the Toronto Stock Exchange. Read Full on CoinDesk.
NYDIG CEO Says Big institutions Are Only Interested In Bitcoin
NYDIG chief executive Robert Gutmann said that most of the serious investors he's speaking with are only interested in bitcoin. He told, 100 out of 100 of the last conversations he had with investors seriously looking to allocate, over 50 million dollars, 100% of those conversations have been about Bitcoin and 0% of them have been about any other crypto asset. He added, the idea of an open source money is really powerful idea and solves, a fundamental societal challenge. Read Full on The Block.