Crypto News Cast For February 23rd 2021 ?


Crypto News Cast February 23rd 2021

Crypto News Cast 📮 23-02-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1465 B
📊24h Mcap %: -138%
⚠️Bitcoin Dom: 61.90%
📌Active Coins: 5483
📍24h Vol %: 73.46%
💲24h Vol: $282 B

Crypto News Updates :

  • Bitcoin On-chain Transactions Increases Massively As Bitcoin Hits ATH
  • Biggest German Bitcoin Stock-traded Product BTCE Surpasses $1 Billion
  • Legia Warsaw Joins European football Giants to Create Fan Token
  • Over 100,000 Bitcoin Addresses Now Holds $1 Million
  • Square's $50 Million Bitcoin Purchase Is Now Worth $253 Million
  • Lindsay Lohan is Selling a Daft Punk NFT For Over $15,000
  • Thailand Plans to Target Top Japanese Tourists Holding Crypto To Revive Tourism Sector
  • Recent Survey Shows That 25% U.S. Investors Own Crypto

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Bitcoin On-chain Transactions Increases Massively As Bitcoin Hits ATH

Santiment analytics announced on its twitter that Bitcoin on-chain transactions surged massively nas it hit all-time high. According to the tweet, the recent daily average value was about $28 billion, very similar to the on-chain BTC volume recorded in January 2018, when Bitcoin hit all-time high of $20,000 for the first time. Also Glassnode recorded that Bitcoin outflows hit one month High of $102,157,190.39 on Sunday. Read Full on U.Today

Biggest German Bitcoin Stock-traded Product BTCE Surpasses $1 Billion

BTCetc (BTCE), the biggest bitcoin stock-traded product on Xetra, has made a 2.5x increase between last month and now, surpassing $1 billion market cap. And just last month, BTCE was at about $400 million market cap. Each share of BTCE bought is backed by bitcoin and also redeemable for bitcoin. Xetra currently hold 18,131.197 bitcoin, which is valued at $1 billion. Each share currently trade at about €45 ($55) per share, at $55,000 per Bitcoin. Read Full on Trustnodes.

Legia Warsaw Joins European football Giants to Create Fan Token

Legia Warsaw, Poland’s most successful soccer club partners with Chiliz, to launch a token, LEG Fan Token, on Socios, the fan engagement and rewards platform. The LEG Fan Token is planned to launch in a few months time. This token will give supporters voting rights on different club decisions. Token holders will also qualify to take part in games, competitions and VIP experiences. The supply of LEG Fan Tokens will be capped at 5 million. Read Full on cointelegraph.

Over 100,000 Bitcoin Addresses Now Holds $1 Million

The current Bitcoin wave has ushered in millionaires as the asset continues to attract more investors despite experiencing a minor correction. Data acquired by Finbold indicates that by February 22, 2021, addresses with a Bitcoin balance of over $1 million stands at 109,952. About 9,200 of the addresses each have a balance of about $10 million. The remaining 100,752 addresses have a balance amounting to $1 million each. Read Full on Finbold.

Square's $50 Million Bitcoin Purchase Is Now Worth $253 Million

Square’s Cash App deals in bitcoin operationally but a $50 million investment from the publicly traded firm’s cash reserves has grown significantly since being announced last fall. Square’s 4,709 bitcoins were worth $50 million when the company announced the purchase in October 2020. Now that BTC (-6.03%) is worth a whopping $253 million. Analyst consensus believes there will be a bigger focus on the bitcoin purchases of their customer base and Cash App. Read Full on CoinDesk.

Lindsay Lohan is Selling a Daft Punk NFT For Over $15,000

Lindsay Lohan is selling a Daft Punk NFT for over $15,000. Lohan’s NFT is a digital image of the music pair, Thomas Bangalter and Guy-Manuel de Homem-Christo, in their robot suits. “Daft Punk” a Rarible user had “minted” editions of some Daft Punk NFTs on Sunday and transferred them into the wallets of Mark Cuban, Tyga, Soulja Boy, Beeple and Lindsay Lohan. Lohan is reselling her Daft Punk NFT for 8.8 ETH ($15,000). Read Full on Decrypt.

Thailand Plans to Target Top Japanese Tourists Holding Crypto To Revive Tourism Sector

The Tourism Authority of Thailand (TAT) plans to target Japanese tourists who are top crypto holders to restore the country’s tourism sector, which was impacted by the COVID-19 pandemic. The TAT might look into the possibility of adding crypto as a payment option at tourism destinations. Yuthasak Supasorn, governor of the TAT, believes that the Crypto market will “attract more opportunities from high-spending tourists.” Read Full on CryptoGlobe.

Recent Survey Shows That 25% U.S. Investors Own Crypto

Recent Survey of over 30,000 People over the age of 18 conducted by Piplsay, shows that majority of Americans believe cryptocurrency is a safe investment. 25% of the respondents already own crypto while 27% plan to invest later this year. 41% of respondents think that the stock market and cryptocurrencies are on the same pedestal of risk. Bitcoin is gaining mainstream adoption as Institutional Investors venture into it. Read Full on CoinDesk.


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