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Crypto News Cast For February 17th 2021 ?


Crypto News Cast 📮 17-02-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1548 B
📊24h Mcap %:        43.40%
⚠️Bitcoin Dom:        61.90%
📌Active Coins:       5415
📍24h Vol %:          -0.20%
💲24h Vol:                $198 B

Crypto News Updates :

  • Bitcoin Miners Are Accumulating Bitcoin
  • Russian Mobile Network Operators To Integrate Mobile Wallets for Digital Ruble
  • MicroStrategy To Raise $600 Million To Buy More Bitcoin
  • EU Appoints Worldline Financial Firm To Lead Blockchain Social Media Project
  • NYDIG Files With U.S. SEC To Launch New Bitcoin ETF
  • California Charter Services To Implement Blockchain-based COVID-19 Tracking System in Schools
  • Kakao Records Unlisted Investments as NFTs on Its Public Blockchain
  • Polkadot Becomes 4th Largest Crypto By Market Cap Replacing Cardano


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- Bitcoin Miners Are Accumulating Bitcoin

Bitcoin miners are accumulating while long-term investors are taking profits according to on-chain analytics from Glassnode. Miners outflows dropped in February which could be bullish for Bitcoin and might imply that miners are either storing Bitcoin because of Tesla’s recent BTC purchase or they have covered all costs of running the mining process. Based on Bitcoin’s Average Spent Output Lifespan indicator (ASOL), long term investors realized profits. Read Full on cointelegraph.

- Russian Mobile Network Operators To Integrate Mobile Wallets for Digital Ruble

MegaFon and Beeline, Major Russian mobile network operators proposes to Integrate mobile-compatible wallets for digital Ruble, Russia’s central bank digital currency. These network operators are considering enabling linking the digital wallet to the customer’s phone number. With this feature, users can transfer and pay through peer-to-peer method with the digital Ruble, using smart devices, even offline mode support services will be integrated. Read Full on cointelegraph.

- MicroStrategy To Raise $600 Million To Buy More Bitcoin

MicroStrategy plans to offer another $600 million in convertible bonds, a new debt offering which will help them to significantly increase its Bitcoin reserves. The business intelligence firm currently holds 71,079 BTC valued at almost $3.5 billion at current price. Meanwhile Bitcoin hit above $50,000 price milestone on all major exchanges today. The debt offering notes will mature on February 15, 2027 unless repurchased or redeemed. Read Full on U.Today

- EU Appoints Worldline Financial Firm To Lead Blockchain Social Media Project

European Union appoints Worldline, a major French financial services firm to lead a three-year initiative tagged “TruBlo,” to boost the integrity of social media posts using blockchain technology. 45 out of 450 estimated proposals will receive partial funding, while nine will receive funding till project completion. The nine projects will be key to creating trust models that will power content generated by individuals from any device. Read Full on cointelegraph.

- NYDIG Files With U.S. SEC To Launch New Bitcoin ETF

New York Digital Investment Group (NYDIG) files with the U.S Securities and Exchange Commission to launch a new Bitcoin (BTC) exchange-traded fund. The filing lists NYDIG Trust Company LLC as the ETF's Bitcoin custodian and Morgan Stanley as an authorized participant. The Bitcoin ETF will only reflect the performance of the price of bitcoin and will not reflect the performance of any benchmark or index. Read Full on cointelegraph.

- California Charter Services To Implement Blockchain-based COVID-19 Tracking System in Schools

The Collaborative Charter Services Organization in California plans to implement a blockchain-based system called Team.Care Network (designed by Solve.care) to track COVID-19 among teachers, support staff, and students. And also maintain a controlled environment when schools resume. However, the program will start with the current staff on ground and will expand to the students when they resume on-ground schooling. Read Full on Decrypt.

- Kakao Records Unlisted Investments as NFTs on Its Public Blockchain

Kakao now records and verifies unlisted investments as nonfungible tokens (NFTs) on its public blockchain through Klaytn, the Blockchain developed by its Blockchain arm, Ground X. The records of the shares are minted as an NFTs and offered to shareholders as a digital card through the digital wallet, Klip, integrated into KakaoTalk, South Korea’s popular messaging app. This is made available to KakaoTalk’s 50 million users worldwide. Read Full on CoinDesk.

- Polkadot Becomes 4th Largest Crypto By Market Cap Replacing Cardano

The total cryptocurrenPolkadot becomes the 4th largest crypto by market cap, pushing down Cardano by an inch according to data from Coingecko. DOT’s market cap is now $3 billion directly after Tether’s USDT as the total cryptocurrency market capitalization surpassed $1.5 trillion. The cryptocurrency market recovered from a little correction which occurred early Monday morning after which Bitcoin topped $50,000 milestone.cy market capitalization has surpassed $1.5 trillion as Polkadot becomes the fourth-biggest project. Read Full on CryptoPotato.

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