Crypto News Cast 📮 22-01-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $936 B
📊24h Mcap %: 13.00%
⚠️Bitcoin Dom: 64.20%
📌Active Coins: 5235
📍24h Vol %: 25.80%
💲24h Vol: $182 B

Crypto News Updates :

• Former Ripple Board Member Could Become The Comptroller of The Currency
• Kyber Network To Completely Upgrade Features To Kyber 3.0
• eToro Research Shows Respondents From Pensions And Endowments Interested In Crypto
• Nebraska Senator Introduces Bills To Create Safe Haven For Crypto Custody
• Sequoia Holdings Now Pay Employee Salary In BTC, BCH or ETH
• Russian Court Lifts Ban On Binance’s Website Within The Country
• Treasury Secretary Nominee Says Crypto Can Make The Financial System More Efficient
• Grayscale Investments Purchased $1,276,147,151 Worth of Bitcoin In 7 Days

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Former Ripple Board Member Could Become The Comptroller of The Currency

Information from Wall Street Journal, shows that a former member of Ripple’s board of advisors directors, Michael Barr might become the next Comptroller of the Currency (OCC). The OCC is a powerful banking regulatory position. Michael Barr would be the second appointee with cryptocurrency experience if approved. The official decision is yet to be finalized or verified from the White House or Michael Barr himself. Read Full on cointelegraph.

Kyber Network To Completely Upgrade Features To Kyber 3.0

Kyber Network (KNC), an Ethereum-based decentralized exchange announced plans to upgrade to Kyber 3.0. The upgraded Platform will feature specialized liquidity pools, 100-fold improvement to slippage, adjusted trading fees for mitigated impermanent loss, gas optimization. KNC 3.0 will also support future cross-chain and layer-two scaling solutions. The token economics of KNC will fall in line with other governance tokens after the upgrade. Read Full on cointelegraph.

eToro Research Shows Respondents From Pensions And Endowments Interested In Crypto

eToro conducted a Research among 25 big institutions in 3rd quarter of 2020 on investing in crypto. The research showed that respondents from pension funds and endowments are currently considering Crypto as an asset class. Other participants include banks, brokers, fund managers and custodians who believes that the crypto market has matured enough for them to get involved. It took the Crypto market 2 years to achieve what other markets achieved in 10 years. Read Full on CoinDesk.

Nebraska Senator Introduces Bills To Create Safe Haven For Crypto Custody

Nebraska senator proposed new crypto-friendly legislation; two bills that will enable bank custody of digital assets. This could make Nebraska a regulatory safe haven for FinTech firms. The proposed bills will address the problem of major banks in the United States discriminating against businesses and individual customers using crypto and many others. The bills include: Transactions in Digital Assets Act and Nebraska Financial Innovation Act. Read Full on cointelegraph.

Sequoia Holdings Now Pay Employee Salary In BTC, BCH or ETH

An announcement today shows that, Sequoia Holdings now pay its employees in Bitcoin, Bitcoin Cash or Ethereum as they wish. Richard Stroupe, CEO of Sequoia Holdings said that they are excited to offer their staff who are Crypto enthusiast an opportunity to earn with this trillion dollar asset class. Employees can choose how much of the salary will come to them in Crypto or fiat. Read Full on Decrypt.

Russian Court Lifts Ban On Binance’s Website Within The Country

The district court of Russia’s Arkhangelsk region has lifted the ban on Binance’s website within the country. Gleb Kostarev, head of Binance Russia, learned about the proceedings leading to the ban last year when Roskomnadzor sent a notification that the website had prohibited Information. Nikita Soshnikov of Alfacash said that the positive outcome of the ban case should give a positive front and protect businesses from similar occurrences from law enforcement agencies. Read Full on Decrypt.

Treasury Secretary Nominee Says Crypto Can Make The Financial System More Efficient

Janet Yellen, Treasury Secretary nominee, said that cryptocurrencies and digital assets have the potential to make the financial system more efficient which is very beneficial to U.S and allies. She also spoke of the potential risk Cryptocurrency posed; activities that could threaten U.S. national security interests and integrity. However, it’s most preferable to encourage legitimate use of cryptocurrencies and digital assets and also mitigate its illegal use. Read Full on The Block.

Grayscale Investments Purchased $1,276,147,151 Worth of Bitcoin In 7 Days

Sales report filed by Grayscale Investments with the U.S. Securities and Exchange Commission (SEC) on Jan. 21 showed that the company purchased a whoPping $1,276,147,151 worth of Bitcoin. Since the last sales report on Jan. 14 the company has issued 37,036,200 GBTC shares and acquired 35,159.01978857 Bitcoins amounting to $1,276,147,151. Earlier, on Jan. 20. Grayscale, bought $300 million worth of Bitcoin in just 24 hours That is 8,762 BTC. Read Full on U.Today