Crypto News Cast 📮 13-03-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1810 B
📊24h Mcap %: 127.00%
⚠️Bitcoin Dom: 61.80%
📌Active Coins: 5691
📍24h Vol %: 7.43%
💲24h Vol: $147 B

Crypto News Updates :

• Binance Exchange Launched its Payments App in Public Alpha
• Bitcoin Custody Firm Bakkt Receives 29th Bitcoin License in New York
• New York-based Asset Manager WisdomTree Investments Files Bitcoin ETF Proposal
• MicroStrategy Posseses 91,326 BTC After Acquiring $15M In Bitcoin
• Bitcoin Tagged In John Lennon’s Son Twitter Bio, Supports “Laser Eyes”
• Bitcoin Futures Contracts Open Interest Reached New ATH Across Exchanges
• Member of French Senate Signs Petition To Enable Purchase Of Crypto
• Bitcoin's Breaks New All-time High Of $60,000
• Bitcoin Lending Firms Experiences Massive Growth and Rushing Demand
• Georgia Government Passes Bill to Facilitate Crypto Education For High Schoolers
• Shareholders’ Offered Year-end Benefit In XRP By Japanese SBI Group

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Binance Exchange Launched its Payments App in Public Alpha

Binance Exchange launched its payments app, called Binance Pay, in public alpha. The app is a contactless peer-to-peer cryptocurrency payment feature which will enable users send and receive payments in Crypto like Bitcoin (BTC). Binance Pay app is available to all users. Binance Pay supports more than 30 crypto Bitcoin, Ether (ETH), Binance Coin (BNB), and supports fiat: euro, British pound, Australian dollar, Brazilian real, and Turkish lira. Read Full on cointelegraph.

Bitcoin Custody Firm Bakkt Receives 29th Bitcoin License in New York

The New York Department of Financial Service (DFS) grants the 29th BitLicense to Bitcoin custody firm, Bakkt. A BitLicense cost up to $100,000 and it’s a license given to businesses that handles digital assets in New York. This is a major milestone to making digital assets available to all, according to Bakkt CEO Gavin Michael. DFS executive, Linda Lacewell shared that the department is glad to facilitate Crypto companies in New York. Read Full on Decrypt.

New York-based Asset Manager WisdomTree Investments Files Bitcoin ETF Proposal

Asset manager WisdomTree Investments based in New York City filed a Bitcoin ETF Proposal with the United States Securities and Exchange Commission to launch a Bitcoin exchange-traded fund (ETF). If the Bitcoin Exchange-Traded Fund is approved, the shares of the WisdomTree Bitcoin Trust will be traded on the CBOE BZX exchange under the BTCW ticker. WisdomTree has $64 Billion worth of assets under management. Read Full on U.Today

MicroStrategy Posseses 91,326 BTC After Acquiring $15M In Bitcoin

The company after buying 262 Bitcoins at an average price of $57,146 now has 91,326 BTC. This is a Massive move by the company showing interest in the Crypto space and so the motivation to invest more. MicroStrategy first bought its Bitcoin stash back in late August of last year. In February, the company bought $1 Billion worth of bitcoin with another 10 Million USD in bitcoin added to the company in March 5th. Read Full on U.Today

Bitcoin Tagged In John Lennon’s Son Twitter Bio, Supports “Laser Eyes”

Sean Ono seems to have officially joined the Bitcoin Twitter trend as his bio shows “Bitcoin” and his profile picture, “laser eyes,” flashmob. Sean Ono Lennon also slams those who criticized Simmons for shilling crypto and giving financial advice, also saying that bitcoin gave him more optimism in 2020 than anything else. He also stated that bitcoin stands out as it’s unseizable, easier to use and could be spent anywhere. Totally without restrictions. Read Full on U.Today

Bitcoin Futures Contracts Open Interest Reached New ATH Across Exchanges

Futures contracts reached new all-time highs on March 11, with open interest across exchanges hitting about $20 billion for the first time. This is evident that more capital is flowing into the derivatives markets, according to Glassnode. Options recorded new volumes also in 2021, Derebit recorded up to $1 billion daily trade. Top three derivatives exchanges; Binance, Huobi Global, and ByBit take up more than $100 billion in combined daily trade. Read Full on cointelegraph.

Member of French Senate Signs Petition To Enable Purchase Of Crypto

Jean-Michel Mis, a member of the French Parliament signed a petition that would enable the Bank of France to buy Bitcoin and other cryptocurrencies. Ark Ecosystem CEO Francois-Xavier Thoorens had filed the petition earlier this month. The petition mentioned large companies like MicroStrategy and Tesla who invested in Bitcoin, including Miami. It encouraged the Senate to enable the purchase of Cryptocurrencies. Read Full on U.Today

Bitcoin's Breaks New All-time High Of $60,000

The ongoing Bitcoin rally is proving to be unstoppable, with the leading cryptocurrency now hitting another all-time high. The World's largest crypto with a market capitalization of $1.04 Trillion has now surpassed the $60,000 mark. Bitcoin's strong rally in the recent past was fueled by massive demand from globally renowned investors and institutions, who put their weight behind this highly volatile digital currency amid unprecedented economic and geopolitical uncertainty. Read Full on CoinMarketCap.

Bitcoin Lending Firms Experiences Massive Growth and Rushing Demand

There's about $10 billion in assets under management by the Celsius Network. Also BlockFi announced that it is now managing about $15 billion in cryptocurrencies, Nexo too has $5 billion in management. These firms provide services as lending cryptocurrencies, they also take crypto as collateral to take out loans. Over the past years, they've had an average of 734% increase. It is to be noted also that more crypto-focused firms are all entering the market. Read Full on Decrypt.

Georgia Government Passes Bill to Facilitate Crypto Education For High Schoolers

The government of Georgia passed a bill that will facilitate State Board of Education to implement a cryptocurrency inclusive financial literacy study curriculum for high schoolers in the tenth or eleventh grade. Cryptocurrency among other 16 financial areas of focus which includes checkbook, investing, money management, loan applications, and tax assessments are in the list to be considered by the Senate. Read Full on cointelegraph.

Shareholders’ Offered Year-end Benefit In XRP By Japanese SBI Group

The SBI Group based in Tokyo set to offer its shareholders their year-end benefit in the XRP cryptocurrency. This is a way to show appreciation to its investors stating that those who own up to 100 shares gets $23 worth of XRP. Application closes on May 31. SBI group is known for its strong support for XRP as seen when it first allowed its workers benefit from it in January 2020. Read Full on U.Today