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Crypto News Cast For March 9th 2021 ?


Crypto News Cast 📮 09-03-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1684 B
📊24h Mcap %:        103.00%
⚠️Bitcoin Dom:        60.40%
📌Active Coins:       5628
📍24h Vol %:            14.80%
💲24h Vol:                $134 B

Crypto News Updates :

  • ETC Group Launches Ethereum Exchange-traded Product on German-based Xetra
  • Norwegian Firm Aker ASA’s Seetee Treasury Retains Funds In Bitcoin
  • Peter Brandt Believes Bitcoin Has a 50% of Hitting $1 Million
  • PayPal Acquires Crypto Security Firm Curv For Almost $200 Million
  • Argo Blockchain Buys 320-acre land in Texas To Establish Mining Facility
  • Taco Bell Sold First Batch of Taco-themed NFT on Rarible
  • German bank Donner & Reuschel To Buy and Custody Crypto
  • Former Hedge Fund Manager Believes Crypto Will Hit $100 Trillion Market Cap
  • French Central Bank Plans To Launch Digital Euro on XRP


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- ETC Group Launches Ethereum Exchange-traded Product on German-based Xetra

Crypto investment firm ETC Group launches an Ethereum exchange-traded product (ETP) on Germany-based Borse’s marketplace, Xetra under “ZETH” as its ticker. This is the second ETP launched by the Investment firm. ETC group assets under management increased to $1 billion after the launch of their first Exchange-traded Product. The Ethereum ETP will track the price of Ethereum giving investors opportunity to gain exposure to ETH without buying it. Read Full on Decrypt.

- Norwegian Firm Aker ASA’s Seetee Treasury Retains Funds In Bitcoin

Norwegian firm, Aker ASA establishes a company called ‘Seetee’, which will focus on to investing in Bitcoin-based projects and companies. Aker’s Seetee will retain all funds in Bitcoin which is worth NOK 500 million. The funds will focus on everything Bitcoin: from investing, bitcoin community building, to partnerships and launching bitcoin operations, and also importantly, investing in Blockchain-related projects. Read Full on CryptoGlobe.

- Peter Brandt Believes Bitcoin Has a 50% of Hitting $1 Million

Veteran commodities trader and Bitcoin supporter, Peter Brandt shared his views on Bitcoin and also that Bitcoin is his biggest holding at is not real estate. Brandt emphasized that he is not a bitcoin maximalist, that is a regular asset for trading. However he believes that the narrative around bitcoin is exciting and none similar to it. Also, that Bitcoin has a 50% chance of hitting $1 million dollars. Read Full on U.Today

- PayPal Acquires Crypto Security Firm Curv For Almost $200 Million

PayPal adds Curv to its acquisitions. Curv is a Tel Aviv-based startup that protects customer digital assets from hacks using a unique form of cryptography called Multiple Party Computation (MPC). Anonymous source revealed that PayPal and Curb deal worth almost $200 million. Fernandez da Ponte, PayPal Executive, pointed out that PayPal purchase of Curv will add a security layer for PayPal’s own digital assets, and to safely move them across borders. Read Full on Decrypt.

- Argo Blockchain Buys 320-acre land in Texas To Establish Mining Facility

Argo Blockchain completes the purchase of 320-acre land plot in West Texas in the United States. The plot of land would be used to establish a new 200-megawatt cryptocurrency mining facility. The acquisition by Argo was finalized first at the price of $5 million, satisfied by the issue of roughly 3.5 million new shares of Argo to DPN shareholders. When the project stages are completed, Argo will make another payment of shares worth $12.5 million. Read Full on cointelegraph.

- Taco Bell Sold First Batch of Taco-themed NFT on Rarible

Taco Bell just sold its first batch of Tacos on Rarible, NFT marketplace. The tacos were sold as non-fungible tokens (NFTs). Taco Bell created five different NFTs, and sold them in batches of five for as cheap as 0.001 ETH ($1.79). Even though, the NFTs were cheap, the company will receive 0.01% of future sales, with all proceeds going to the Taco Bell Foundation, aimed at guiding young people on career paths. Read Full on Decrypt.

- German bank Donner & Reuschel To Buy and Custody Crypto

German bank Donner & Reuschel gets ready to offer cryptocurrency buying and custodial services to its clients. The German Bank partners with GmbH to consult on Crypto custodial services. Donner & Reuschel plans to explore the idea of tokenizing assets in order to maximize and take a place within the finance sector. Marcus Vitt, Spokesman of the Bank’s Management Board, believes that the bank is ready to key into Crypto service. Read Full on BTCMANAGER.

- Former Hedge Fund Manager Believes Crypto Will Hit $100 Trillion Market Cap

Former Goldman Sachs manager Raoul Pal believes that Bitcoin and crypto will hit $100 Trillion market cap from the current $1.7 value. He shared with his over 400,000 twitter followers that many traditional investors cannot see the future of Crypto because they believe the value will eventually drop back to the average price sooner or later. Pal believes that Crypto assets will lead a revolution of wealth transfers to generations worth trillions of dollar. Read Full on The Daily Hodl.

- French Central Bank Plans To Launch Digital Euro on XRP

CPA Australia revealed in a report that the French Central Bank plans to launch their digital euro through Ripple and XRP. The report also showed that Australian Government had considered Bitcoin and Ethereum but dismissed them based on risk and decentralization. However, the Australian government plans to launch CBDC program for the Ethereum community. XRP is a more preferred alternative according to the report because of its centralization. Read Full on U.Today

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