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Crypto News Cast For February 13th 2021 ?


Crypto News Cast 📮 13-02-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1455 B
📊24h Mcap %:        7.30%
⚠️Bitcoin Dom:        60.10%
📌Active Coins:       5366
📍24h Vol %:            1.20%

💲24h Vol:                $212 B

Crypto News Updates :

  • Bitcoin Beats The Cumulative Market Cap Of JPMorgan, Bank of America, Wells Fargo
  • Bitcoin Miners Revenue Hits ATH of $4 Million In One Hour
  • Kenya Central Bank To Solve Devaluation Of Currency With Bitcoin
  • Grayscale Adds 52,730 ETH To Its ETH Trust In 24 Hours
  • Australian Securities and Investments Commission Open To Bitcoin ETF With Rules
  • Jack Dorsey and Jay-Z To Setup 500BTC Bitcoin Trust For Africa, India
  • JPMorgan To Offer Bitcoin Trading Based on Client Demand
  • Miami Commission Approves Payment Of Employees Salaries in Bitcoin


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- Bitcoin Beats The Cumulative Market Cap Of JPMorgan, Bank of America, Wells Fargo

Bitcoin is now worth more than the market capitalization of JPMorgan Chase, Bank of America, and Wells Fargo put together. Bitcoin hit a new all-time high of $49,000 earlier today before retracing below $47,000. Its market cap has reached $900 billion for the first time. Bitcoin is also currently bigger than all U.S. public companies except Apple, Microsoft, and Alphabet. Read Full on U.Today

- Bitcoin Miners Revenue Hits ATH of $4 Million In One Hour

Bitcoin miners earned over $4 million in revenue within one-hour today as Bitcoin’s price hit close to $48,000, the highest level ever recorded on the Bitcoin blockchain, according to data from Glassnode. Miners earn money from block rewards (6.25 BTC per block reward) and transactions fees. The transaction fees miners earn hit a three-year high of $25.46 on February 12 with over 2,500 transactions per block. Read Full on Decrypt.

- Kenya Central Bank To Solve Devaluation Of Currency With Bitcoin

Kenya’s Central Bank proposes to solve the problem of their depreciating national currency (Shilling) with Bitcoin. Central Bank Governor Patrick Njoroge said that Bitcoin could solve the devaluation of their Shilling due to the International Monetary Fund. Kenya’s national currency, the Shilling has lost 50% in the last ten years. Njoroge believes that BTC will shield Kenya from Forex exchange losses and mitigate National debt. Read Full on CryptoPotato.

- Grayscale Adds 52,730 ETH To Its ETH Trust In 24 Hours

Grayscale Investments buys additional $93 million worth ( that is 52,730 ETH) of Ethereum to add to its ETH trust in the last 24 hours, the highest inflow of Ethereum in a single since subscriptions to the trust were open earlier this year. In the past 30 days, Grayscale has accumulated 191,645 Ethereum valued at $339.2 Million since subscriptions reopened to its ETH trust. The Unfolded team captured this milestone in a tweet. Read Full on Ethereum World News.

- Australian Securities and Investments Commission Open To Bitcoin ETF With Rules

The Australian Securities and Investments Commission clarified that Bitcoin exchange-traded funds is possible as long as there are appropriate rules in place in the market on which it is traded, according to ASIC commissioner Cathie Armour. Australian Securities and Investments Commission had previously rejected Bitcoin ETF by Cosmos Capital because National Stock Exchange of Australia didn’t have rules for specific investments like ETFs. Read Full on cointelegraph.

- Jack Dorsey and Jay-Z To Setup 500BTC Bitcoin Trust For Africa, India

Twitter CEO Jack Dorsey partners with rapper Jay-Z to create blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million), for teams working on the project in India and Africa. The project is tagged “₿trust” to fund #Bitcoin development in Africa & India. It‘ll be set up as a blind irrevocable trust with direction from at least board members and zero input. The title of the document is “Make Bitcoin the internet’s currency." Read Full on cointelegraph.

- JPMorgan To Offer Bitcoin Trading Based on Client Demand

Daniel Pinto, JPMorgan co-president and COO reveals that JPMorgan will support bitcoin trading if there is client demand for it. Pinto believes Bitcoin is gaining mainstream adoption and acceptance. Also, regulation of Bitcoin will mean that JPMorgan traders would be vetted clients and reputable exchanges like Coinbase. Corporate and retail adoption of Bitcoin has caused a major surge in the price of bitcoin. Read Full on theblockcrypto.

- Miami Commission Approves Payment Of Employees Salaries in Bitcoin

Miami’s City Commission approved the resolution proposed by Mayor Francis Suarez to allow employees to get paid in Bitcoin. Employees would be able to receive part or full payment of their salaries in Bitcoin. Miami residents can also pay fees and taxes in Bitcoin. Suarez showed his profound joy towards the approval which now makes Miami a “crypto-forward city.” Miami is now a major Crypto hub. Read Full on U.Today

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