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Crypto News Cast For April 24th 2021 ?


Crypto News Cast 📮 24-04-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1841 B
📊24h Mcap %:        0.67%
⚠️Bitcoin Dom:        50.90%
📌Active Coins:       6247
📍24h Vol %:          -142%
💲24h Vol:                $155 B

Crypto News Updates :

  • Pantera CEO Gives Reasons For Bitcoin To Hit $200K In 2022
  • Europe’s Largest Digital Asset Firm CoinShares Launches XRP Exchange-Traded Product
  • US City To Become Bitcoin Hub, For Crypto Payments And Mining
  • Norwegian Central Bank To Start CBDC Testing After Intensive Research
  • DOGE Spike Records Over 1,000 Millionaires Even After The Sharp Correction
  • Gemini Exchange Enabled Bitcoin Purchase Through Apple Pay and Google Pay
  • With Increased Adoptions, Algorand Promises To Provide Carbon Neutral Blockchain Experience
  • Square and Tesla CEO Supports Bitcoin Mining Incentivizing Renewable Energy
  • Total Value of Staked Ethereum Hits Record $10.07 Billion


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- Pantera CEO Gives Reasons For Bitcoin To Hit $200K In 2022
Dan Morehead of Pantera Capital believes from the analysis that bitcoin will hit $200k by 2022. Saying Demands from institutions, also from the adoption of Bitcoin on a global scale saying it increases by $200 with each addition of one million new users. He highlighted possibility of hitting the $700,000 and included that 3.5 billion people use a smartphone and it's the only requirement to trade bitcoin. Read Full on Ethereum World News.

- Europe’s Largest Digital Asset Firm CoinShares Launches XRP Exchange-Traded Product
CoinShares, Europe’s largest digital asset investment firm announced it’s launch of XRP Exchange traded product this month, called the CoinShares Physical XRP with the Ticker XRPL. XRPL is CoinShares’ second product launch of second quarter 2021, and will give its Clients exposure to XRP diversifying its product offering in 2021. Each unit of XRPL is backed with 40 XRP at launch. The XRP will be stored with Komainu. Read Full on Forkast.

- US City To Become Bitcoin Hub, For Crypto Payments And Mining
Mayor Jackson TN revealed plans of making his city a bitcoin hub, he believes this is a major move to closeup the wealth gap by empowering people financially and produce sustainable economy and change the industry. He recently used the laser eyes as his profile picture on Twitter denoting the expectation of bitcoin to hit $100,000. Miami and Florida also has same plans and activate the use of bitcoin for payments. Read Full on Bitcoin News.

- Norwegian Central Bank To Start CBDC Testing After Intensive Research
The Norwegian central bank, Norges Bank, prepares to test various technical solutions for a central bank digital currency (CBDC) after four years of research, according to its official announcement. The CBDC plans are based on recommendations from an internal working group. The Central Bank stated that the working group believes in the CBDC, several other central banks are also doing similar research and going through similar testing. Read Full on cointelegraph.

- DOGE Spike Records Over 1,000 Millionaires Even After The Sharp Correction
Data provided by cryptocurrency data tracking platform BitInfoCharts shows that the recent spike in the meme coin, doge made many dollar millionaires even after the sharp correction witnessed. This is because of the support given to the asset by Tesla founder Elon Musk, the crypto had an all time spike of $0.45 on April 16, 2021 and as result gave many holders massive profits. Read Full on Finbold.

- Gemini Exchange Enabled Bitcoin Purchase Through Apple Pay and Google Pay
Gemini Exchange enabled purchase of cryptocurrencies like Bitcoin for its users through Apple Pay and Google Pay. Users of the major Crypto Exchange are now able to use their debit cards to buy Crypto with fiat through Apple Pay and Google pay on the exchange. Also, the User’s deposit will be available for withdrawal within one hour after purchase. This new buy feature supports several Cryptocurrencies including BTC, Ether, LTC, BCH, AAVE, DAI and MKR. Read Full on gemini.

- With Increased Adoptions, Algorand Promises To Provide Carbon Neutral Blockchain Experience
Algorand goes carbon neutral in partnership with CO2 emissions transparency and traceability firm Climate Trade to provide sustainability in the digital assets sector, as many believe sustainability will be possible with renewable energy in use. They plan to lock the equivalent amount of carbon credit using smart contracts. Also with claims of a pure proof-of-stake blockchain, the platform gains adoptions from top organization, recording ten million accounts. Read Full on Finbold.

- Square and Tesla CEO Supports Bitcoin Mining Incentivizing Renewable Energy
Square and Ark Invest emphasized the importance of Bitcoin mining in pushing increased efficiency in renewable energy production. The paper written by “The Bitcoin Clean Energy Initiative,” supports the notion that Bitcoin mining incentivizes the generation of electricity “from renewable carbon-free sources.” Square CEO Jack Dorsey, Tesla’s Elon Musk, and Ark Invest’s Cathie Wood completely supports this notion as seen in their tweets. Read Full on cointelegraph.

- Total Value of Staked Ethereum Hits Record $10.07 Billion
The total value of staked ethereum hits $10.07 billion as the price of ETH increases and more people continue to stake ETH for rewards. About 3.9 million ETH was staked as of April 22, 2021 according to on-chain data from Glassnodes. Ethereum 2.0 upgrade has also pushed it to become an alternative Proof-of-Stake (PoS) Network. The new consensus mechanism upgrade will be more scalable when the it’s completed. Read Full on Finbold.

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