Crypto News Cast 📮 27-03-2021

News Source

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1730 B
📊24h Mcap %: 46.60%
⚠️Bitcoin Dom: 59.40%
📌Active Coins: 5871
📍24h Vol %: -10.30%
💲24h Vol: $108 B

Crypto News Updates :

• Avanti Finalized $37M Series A Funding Round For Digital Bank Launch
• $6M Grants To Innovative Blockchain Teams Offered By Australian Government
• Former OCC Official Argues That Crypto Has Backing and Dollar "Mayn't"
• Commodity Analyst: Grayscale Bitcoin Trust Overtakes Tesla By 50% This Year
• Software Giant Microsoft Launches Decentralized Identity Platform on Bitcoin Blockchain
• Sophia, The Robot NFT Sales Reached Over $1 Million
• Bad News For Fiat Supply As Soros Fund Invests in Crypto
• ‘Clean Energy’ Mining Ventures To Be Launch By Bitcoin Firms

Register at the best leverage exchanges

• BitMEX: https://bit.ly/2M74PX9
• Binance: https://bit.ly/34urfrJ
• Gemini: https://bit.ly/2IiqQDp
• FTXexchange: https://bit.ly/2SGhEL5
• Bittrex: https://bit.ly/3oSH8mh
• BraveBrowser: https://brave.com/nnr477
• BitYard: https://bit.ly/34fF7ch
• ByBit: https://bit.ly/36JuDQZ

Advertise Your Products and Get Leads To Your Business Hashing Ad Space

• Register link: http://bit.ly/2YlhQRh

Buy Products and Gift Cards With Bitcoin and Cryptocurrencies:

http://bit.ly/2sFJvSf

Avanti Finalized $37M Series A Funding Round For Digital Bank Launch

Avanti finalized a $37 million Series A funding round as move towards launching a digital bank. The funds would cover regulatory capital, engineering costs and other operating expenses needed to launch the digital asset bank. Avanti has raised $44 million in total. The company is licensed by the State of Wyoming. Series A shareholders include the institutional investors, cryptocurrency companies and family offices. Read Full on Blockworks.

$6M Grants To Innovative Blockchain Teams Offered By Australian Government

Two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions. Offer is open until April 29. Sole trader, partnership, publicly-funded research organization, or entity incorporated in Australia could apply for it. The Food and Beverage Provenance pilot will be funded with the money. Applicant's projects must meet the needs of the two pilots and also show the viability and security of their platforms. [Read Full on cointelegraph.]{https://cointelegraph.com/news/australian-government-offers-6m-in-grants-to-innovative-blockchain-teams)

Former OCC Official Argues That Crypto Has Backing and Dollar "Mayn't"

Brian Brooks made this claim in a CNBC Squawk Box interview with Joseph Kernen and it was a response to a statement made earlier by Powell “Bitcoin is essentially a substitute for gold” but “not backed by anything.” Brooks explains that dollar dollar is at least a 40% less good store of value than it was a year ago and it explains why people are flocking into bitcoin. They’re backed by underlying networks, he said. Read Full on cointelegraph.

Commodity Analyst: Grayscale Bitcoin Trust Overtakes Tesla By 50% This Year

Mike McGlone, The leading commodity strategist at Bloomberg said this in a tweet that the biggest crypto investment fund, Grayscale Investments, has surpassed Tesla stocks. This is because of the Bitcoin ETFs launched in the U.S. He believes that the "maturation leap" is likeky to turn bitcoin into global digital reserve currency, he expects bitcoin to hit $80,000. Many institutions as MicroStrategy, Visa, Mastercard and Tesla are seen to develop massive interest in crypto. Read Full on U.Today

Software Giant Microsoft Launches Decentralized Identity Platform on Bitcoin Blockchain

Popular computer software giant, Microsoft plans to launch its own decentralized identity platform, tagged ION, built on Bitcoin’s blockchain. ION is built to “help develop and advance decentralized identity” which will create multiple business opportunities according to Microsoft. ION has been under the works for four years. Microsoft is collaborating with several companies to set up more nodes after deploying its first Node. Read Full on BeInCrypto.

Sophia, The Robot NFT Sales Reached Over $1 Million

The sale was a collaborative effort between Sophia and artist Andrea Bonaceto. One of the NFT, titled “Sophia Instantiation” was the star of the show and was sold for a high bid of $688,888, it incorporates the buyer’s portrait in the NFT itself and includes a physical self-portrait made by Sophia. David Hanson created this using her perception of Bonaceto’s artwork. Sophia also has featured in the 2019 African Blockchain Conference and Malta AI and Blockchain Summit. Read Full on BeInCrypto.

Bad News For Fiat Supply As Soros Fund Invests in Crypto

Gold is losing buyers to Bitcoin amidst fiat inflation as Soros Fund is investing in crypto, which increased their return gains to 30%. The fund In 2019 invested $305 million into SolarCity and has now gone into crypto exchanges, asset managers. Fitzpatrick sees bitcoin as a commodity rather than a currency. She views China’s central bank digital currencies (CBDCs) as a real threat to Bitcoin, though temporary and unlikely to destabilize Bitcoin. Read Full on Crypto Briefing.

‘Clean Energy’ Mining Ventures To Be Launch By Bitcoin Firms

DMG Blockchain Solutions, and Argo Blockchain are set to launch what they claim to be the first clean Bitcoin using hydroelectric resources with Terra Pool working to manage the impact of Bitcoin mining on the climate. Setting out to get a more greener approach to producing the cryptocurrency. Payments company, Square launched a Bitcoin Clean Energy Investment Initiative in December. Terra pool has the goal of significantly reducing greenhouse gas emissions caused by miners. Read Full on Decrypt.