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Crypto News Cast For July 23rd 2021 ?


Crypto News Cast 📮 23-07-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1315 B
📊24h Mcap %:       -5.15%
⚠️Bitcoin Dom:        46.00%
📌Active Coins:       6453
📍24h Vol %:          -12.20%
💲24h Vol:                $60 B

Crypto News Updates :

  • Crypto Market Adds $50Billlion In A Day, After Elon's Live Conference
  • Joseph Lubin Says Demand For Ethereum Will Surge After London Hard Fork
  • Ethereum Records Almost $1billion 3-Week Consecutive Institutional Inflows - Coinshares
  • Cryptocurrency Could Become a Dominant Currency Says Billionaire Thomas Peterffy
  • Tesla CEO Elon Musk Confirms He Owns Bitcoin, Ethereum and Doge
  • U.S Among Countries to Adopt BTC as Legal Tender, Survey Shows
  • Stellar Network Looking To Acquire MoneyGram in Partnership With Advent International
  • Popular American Entertainer, Busta Rhymes Purchases Bitcoin After Bitcoin Live Conference
  • Retail Wealth Clients Reported To Have Access To Crypto Funds By JPMorgan


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- Crypto Market Adds $50Billlion In A Day, After Elon's Live Conference

A $50 billion recovery was done by the global cryptocurrency market in a single day with the total market capitalization of digital currencies passing $1.3 trillion. Bitcoin’s market cap touched $600 billion showing a market dominance of about 46%, according to Coinmarketcap statistics, also Ethereum's market worth now more than $230 billion. This is influenced by Elon mentioning he holds Bitcoin, Ethereum and Dogecoin. Read Full on Finbold.

- Joseph Lubin Says Demand For Ethereum Will Surge After London Hard Fork

Co-founder of Ethereum and founder of the full-stack blockchain company, ConsenSys, Joseph Lubin believes the demand for ethereum will surge after London hardfork goes live on mainnet and will skyrocket its price. He explained the upgrade will make Ether’s supply deflationary, alluding to EIP-1559 and parCryptocurrency Could Become a Dominant Currency Says Billionaire Thomas Peterffyticipants can stake their eth in the algorithm to participate to migrate the network from using a proof of work (PoW) mechanism to using a Proof of Stake (PoS) mechanism. Read Full on ZyCrypto.

- Ethereum Records Almost $1billion 3-Week Consecutive Institutional Inflows - Coinshares

Digital asset manager CoinShares new weekly report, shows that financial institutional demand of Ethereum from 2021 year-to-date hit the amount of $973 million worth of ETH, almost $1 billion milestone. Ethereum recorded net inflows of $11 million for three weeks in a row, according to CoinShares. Altcoins recorded some inflows Whereby Bitcoin recorded two weeks consecutive outflows worth $10.40 million. Read Full on The Daily Hodl.

- Cryptocurrency Could Become a Dominant Currency Says Billionaire Thomas Peterffy

Billionaire and former Bitcoin critic Thomas Peterffy, the founder and chairman of major Nasdaq-listed online trading platform, Interactive Brokers shared during an interview with CNBC Wednesday that he invested some funds in cryptocurrency because there is a chance that cryptocurrency become a dominant currency. Interactive Brokers custody’s about 1.33 million customer accounts with from over 200 countries and territories valued at $330.6 billion. Read Full on Bitcoin News.

- Tesla CEO Elon Musk Confirms He Owns Bitcoin, Ethereum and Doge

Tesla CEO Elon Musk shared during “The B Word” conference that also had Ark Invest’s Cathie Wood and Twitter CEO Jack Dorsey in attendance that he holds Bitcoin, Ethereum, and Dogecoin. He admitted that he supports Bitcoin and the whole idea of cryptocurrency. And he also praised Bitcoin’s Decentralized nature and the fact that it has an overpowering effect, with no one having the ability to empty Bitcoin out. Read Full on U.Today

- U.S Among Countries to Adopt BTC as Legal Tender, Survey Shows

Survey of countries most likely to adopt Bitcoin as a legal tender conducted by CoinMarketCap, on July 20, 2021, showed that top ten countries received a total of 234,057 votes indicating highest likelihood to declare Bitcoin as Legal tender. Paraguay ranked highest with 81,433 votes followed by Venezuela with 58,656 votes. Anguilla and Panama followed with 34,376 and 17,323 votes respectively. United States ranked 6th with 7,823 votes. Read Full on Finbold.

- Stellar Network Looking To Acquire MoneyGram in Partnership With Advent International

Stellar Development Foundation, a non-profit organization focused on the development of the Ripple’s rival Stellar network, reportedly plans to partner with Advent International to acquire money transfer giant MoneyGram. MoneyGram had ended its partnership with Ripple during the court case with the U.S. Securities and Exchange Commission. Western Union had also made an attempt to acquire the money transfer company last year. Read Full on U.Today

- Popular American Entertainer, Busta Rhymes Purchases Bitcoin After Bitcoin Live Conference

Busta Rhymes, the popular American rapper, songwriter, record producer, and actor has declared to his 3.8 million Twitter followers that he's officially holding bitcoin, eyeing ETH next. His decision came after he followed the Bitcoin conference live with Jack Dorsey, Elon Musk and Cathie Wood. Bitcoin and Ethereum started rising after Elon Musk said he holds Eth, while Dorsey and Wood owing bitcoin. Read Full on Trustnodes.

- Retail Wealth Clients Reported To Have Access To Crypto Funds By JPMorgan

A business insider reveals that the Major U.S. investment bank, JPMorgan Chase now allows retail wealth clients at JPMorgan to have access to cryptocurrency funds, and advisers to execute crypto trades using the its trading app. JPMorgan Clients also have access to the Grayscale Investments’ Grayscale Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust and Ethereum Classic Trust. The Bank's client now views cryptocurrencies as an asset class. Read Full on cointelegraph.

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