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Crypto News Cast For February 22nd 2021 ?


Crypto News Cast 📮 22-02-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1607 B
📊24h Mcap %:       -125%
⚠️Bitcoin Dom:        61.90%
📌Active Coins:       5461
📍24h Vol %:            27.68%
💲24h Vol:                $205 B

Crypto News Updates :

  • Jack Dorsey’s Square to Create More Black Bitcoin Billionaires
  • Tesla Made More Profit From Its Bitcoin Purchase Than 2020 Car Sales
  • Elon Musk Says Bitcoin, Ethereum Price Do Seems High
  • Central Bank Of Morocco Looks To Launch Own CBDC
  • Crypto-Friendly Wyoming Welcomes Ripple
  • Cape Cod Healthcare Staff Receives Surprise $800,000 Bitcoin Donation
  • Ethereum Developers Expect EIP-1559 Upgrade Launch in July
  • Nigeria Cannot Afford to Ignore The Crypto Market
  • Logan Paul Raises $3.5 Million From NFT Sales In Single Day


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- Jack Dorsey’s Square to Create More Black Bitcoin Billionaires

Jack Dosey’s Square, Inc. has partnered with Clubhouse’s largest crypto focus group in order to raise awareness for BTC among black investors. According to the post, the group’s organizer Lamar Wilson is spearheading the partnership in order to create “more black millionaires” through a month-long campaign that began at the beginning of February. The group’s organizer Wilson said the goal of the project was to increase bitcoin exposure to the black community. Read Full on CryptoGlobe.

- Tesla Made More Profit From Its Bitcoin Purchase Than 2020 Car Sales

Elon Musk’s electric car company is poised to profit more from its Bitcoin investment made in January than from all of its car sales in the entirety of 2020, according to a note from U.S. research firm Wedbush Securities. Wedbush analysts Dan Ives and Strecker Backe estimate Tesla has already seen $1 billion of profit from its Bitcoin investment; compare that to the $721 million in profit Tesla reported for its fiscal year 2020. Read Full on Decrypt.

- Elon Musk Says Bitcoin, Ethereum Price Do Seems High

Telsa billionaire Elon Musk, whose tweets about the meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has told the price of bitcoin and ethereum seem high. Replying to gold investor and bitcoin skeptic Peter Schiff, Musk said: "Money is just data that allows us to avoid the inconvenience of barter. That data, like all data, is subject to latency and error. The system will evolve to that which minimizes both. That said, bitcoin and ethereum do seem high." Read Full on cointelegraph.

- Central Bank Of Morocco Looks To Launch Own CBDC

At a time when consumers around the world are increasingly embracing digital payment methods rather than cash, apex banks across various jurisdictions have begun studying central bank digital currencies (CBDCs) in a bid to remain relevant in the rapidly evolving finance ecosystem. In the latest development, Bank-Al-Maghrib (BAM), the central bank of Morocco, has put in place an exploratory committee to look into the benefits and disadvantages of CBDCs for the nation’s economy and make recommendations Read Full on BTCMANAGER.

- Crypto-Friendly Wyoming Welcomes Ripple

Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming. According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business is listed as "active" after an initial filing in February 2020. As a limited liability company in Wyoming, Ripple’s registered agent will be based in Cheyenne. “More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,” said Caitlin Long. Read Full on cointelegraph.

- Cape Cod Healthcare Staff Receives Surprise $800,000 Bitcoin Donation

Staff at Cape Cod Healthcare, Massachusetts, received a surprise donation of Bitcoins worth $800,000 in their crypto-integrated bank account, from the same benefactor who sent the previous one of last month. The personalized QR code generated by the Crypto-integrated account makes it easy for the donor to transfer funds into Cape Cod Healthcare. Senior vice president of Cape Cod Healthcare, Christopher Lawson believes Bitcoin is going mainstream. Read Full on Decrypt.

- Ethereum Developers Expect EIP-1559 Upgrade Launch in July

Ethereum Improvement Proposal (EIP) 1559 is the upcoming upgrade for the Ethereum network since ETH 2.0 launch. The EIP-1559 is intended to deal with high transaction fees on the network especially with increased DeFi boom. Ryan Berckmans, Predictions Global founder and Ethereum developer, projects July for the upgrade launch, in time with the Hardfork. Berckmans believes the EIP-1559 upgrade is a scaling benefits for Layer-2 providers. Read Full on BeInCrypto.

- Nigeria Cannot Afford to Ignore The Crypto Market

Nigeria’s Securities and Exchange Commission recently clarified its position on cryptocurrencies in the country especially after the central bank ban on Crypto deposits and its suspension of Crypto regulations. SEC and the Central Bank of Nigeria plans to collaborate creating regulations for cryptos in Nigeria. Timi Agama, head of innovation and market structure at SEC said that regulators in Nigeria cannot afford to ignore the crypto market. Read Full on cointelegraph.

- Logan Paul Raises $3.5 Million From NFT Sales In Single Day

Non-fungible tokens (NFTs) are all the rage right now. The popular YouTube star recently made his foray into the cryptocurrency space, like most internet celebrities. However, Paul has taken it one step further by launching his very own NFT sale. The sale launched on Saturday and managed to raise an impressive $3.54 million on day one. The sale featured 3,000 NFTs, with each costing 1 ETH. Read Full on BeInCrypto.

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