Crypto News Cast 📮 14-03-2021
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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1797 B
📊24h Mcap %: -9.00%
⚠️Bitcoin Dom: 62.10%
📌Active Coins: 5691
📍24h Vol %: -15.43%
💲24h Vol: $128 B
Crypto News Updates :
- Grayscale Investments To launch U.S Bitcoin ETF If The Authorities Approve
- Chinese Publicly-traded Firm To Buy $155 million worth of Bitcoin Miners
- Google Trends Activity Indicates Bitcoin is Searched More Than Covid-19
- Popular T-Shirt Printing Company Set To Convert Cash Reserves To Cryptocurrencies
- French Government to Auction 611 Bitcoins Seized From Hackers
- Coinbase Should List Dogecoin, Says The Billionaire, Elon Musk
- Financial Customer Ombudsman To Be Created By Spanish Ministry Of Economy
- Kentucky Lawmakers To Approve Two Proposed Laws Incentivizing Cryptocurrency Mining
- $36 Billion Worth Of Bitcoin Under Grayscale's Management
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Grayscale Investments To launch U.S Bitcoin ETF If The Authorities Approve
Grayscale Investments plans to launch US bitcoin ETF if the authorities approve, CEO Michael Sonnenshein shared on Friday. Grayscale Investment, runs the world’s biggest bitcoin Exchange-Traded fund, Grayscale Bitcoin Trust (GBTC), valued at $37 billion and recently posted ETF-related job adverts. The job adverts raised up curiosity towards the possibility that Grayscale might be looking into filing for an ETF. Read Full on.
Chinese Publicly-traded Firm To Buy $155 million worth of Bitcoin Miners
Zhongjia Bochuang (ZJBC), a Chinese publicly-traded firm with a market cap of $900 million plans to venture into Bitcoin mining. The information and communications firm plans to buy $155 million worth of ASIC - Application-Specific Integrated Circuits Bitcoin mining equipment produced by MicroBT. The firm plans the buy part of the WhatsMiner series within the next two years. MicroBT have signed a memorandum of understanding with ZJBC. Read Full on The BTC Times.
Google Trends Activity Indicates Bitcoin is Searched More Than Covid-19
Google trends shows that more people are interested in Bitcoin than the Covid-19 virus, as the virus clocks one year. People are more interested in the digital money as more research goes into the virus. More people and institutions are adopting the idea of digital assets increasing the search for Bitcoin. The Tokenist took a comparative Bitcoin adoption survey which showed that about 50% of millennials are eager to dive into Bitcoin. Read Full on The Tokenist.
Popular T-Shirt Printing Company Set To Convert Cash Reserves To Cryptocurrencies
RushOrderTee purchased $300,000 in Bitcoin, Ethereum and other cryptocurrencies with cash reserves as at March 12 and of course with plans to increase its cryptocurrencies to $1 million by April. Coinbase Prime also facilitated the transaction after facilitating Telsa's purchase of bitcoin in the last month. RushOrderTees, which was founded in a garage in 2002 is now the largest T-shirt printing companies in the United States, with 250 employees. Read Full on U.Today.
French Government to Auction 611 Bitcoins Seized From Hackers
The French government plans to auction 611 bitcoins currently valued at $57,000, which were confiscated from hackers by the French authorities in 2010. The auction will hold on 17th Wednesday, and conducted by Kapandji Morhange auction house, through the Interencheres platform. Auction sessions will hold at two intervals; morning and afternoon, with 437 and 41 lots respectively, and a security deposit of 1500 euros and 10,000 euros will be required. Read Full on Digest Time.
Coinbase Should List Dogecoin, Says The Billionaire, Elon Musk
Tesla CEO, Elon Musk believes the largest U.S. exchange, should enable Dogecoin (DOGE) trading. In May 2019, Coinbase however announced Dogecoin support and allowed users only to store their tokens. Coinbase have not listed Dogecoin for trading, in spite of all the hype and excitement surrounding the cryptocurrency. This doesn't sit well with community, seeing it recently listed the likes of SushiSwap (SUSHI) and Polygon (MATIC). Read Full on U.Today
Financial Customer Ombudsman To Be Created By Spanish Ministry Of Economy
Minister Nadia Calviño seeks to Protect customers in cryptocurrencies services. His main purpose is to canalize all conflicts between banks and their customers through the Financial Customer Ombudsman, also stating they'll abide by the rules of EU MiCa. It will be the only independent resource to solve conflicts for all financial matters in Spain, If granted go-ahead order. Experts believe it could have an “incompatibility” with decentralized finance (defi) applications and protocols. Read Full on Bitcoin News.
Kentucky Lawmakers To Approve Two Proposed Laws Incentivizing Cryptocurrency Mining
The state lawmakers are pushing the bills through the state's legislature, One is centered around tax incentives while the other is to extend the state's clean-energy incentives to cryptocurrency miners. The bill passed the vote on March 3, with 84 voting to approve. The US bitcoin mining space grows are they attract more institutional investors. These investors believe the US is in a good grounds as a hub for mining operations. Read Full on theblockcrypto.
$36 Billion Worth Of Bitcoin Under Grayscale's Management
Graysacle as one of the largest crypto assest holders now with about $43.3 billion worth of crypto assets under management, with Bitcoin and Ethereum having the highest percentage. The firm has $36 Billion worth of BTC AUM. In addition, the company holds LTC, BCH, ZEN, ZEC, XLM, and Ethereum Classic and is set to add 23 more assets. It is also noted that it has the leading bitcoin trust in the world. Read Full on ZyCrypto.