Hey guys, a very good morning to all my Crypto peculiars, so, have ya’ll been curious about what’s happening in the market? Don’t you worry! The Coin Monks got you covered! Ok so, before starting with our updates let’s quickly quote today’s headlines: 1)"Dogecoin Killer" Shiba Inu gets listed by robinhood competitor 2)BTC/USD bulls eyeing new all-time high, Is a new economic boost yet to come? 3)UAE exchange expands partnership with Ripple, for cross-border payments 4)Popular F1 Team McLaren Racing Launches NFTs Platform on Tezos So let’s start up with our video [Intro by Editor] Firstly, Our generation seems to be interested in anime about killers and especially those who never got caught Wait, you need not worry, we’re not talking about that, we were just talking about “Doge Killer” Shiba and you can even catch this killer, [pause] I mean you can invest in it
So starting with our headline Shiba Inu, the memes cryptocurrency named after the eponymous Japanese dog breed, is now available on Publiccom, according to the business In early October, the New York-based online brokerage extended cryptocurrency functionality, starting with Bitcoin, Ether, Litecoin, Dogecoin, and a few more altcoins I can’t stop but think whether it is a token war or a meme battle now, well memers this is your time! Public, a competitor to Robinhood and WeBull, first launched in 2019 After a $220 million investment round in February, the company was valued at $1
2 billion, hot on the heels of the GameStop craze According to UToday, Shiba Inu saw a substantial price increase on Monday because to speculations of a fraudulent Robinhood listing The Dogecoin competitor was also listed on the oldest crypto exchanges in India and Turkey earlier this month Moving forward tour next huge update- But before that, let me tell you about an interesting census, According to world happiness report 20th October 2021 by me, Bitcoin holders were found to be the most cheerful category
Hehe Well they were indeed With that being said our next headline is On Wednesday, bitcoin surpassed its all-time high, just one day after the New York Stock Exchange debuted the first bitcoin futures-based exchange-traded fund (ETF) The world's most valuable cryptocurrency was up 330 percent at US$66,36472, after hitting a new high of US$67,016
50, surpassing the previous high of US$64,89522 set on April 14 this year The ProShares Bitcoin Strategy ETF began trading on this Tuesday, a step that market players believe will spur investment into the digital commodity The ETF closed Tuesday at US$4194, up 2
59 percent from its opening price of US$4088, and continued to rise on Wednesday, closing at US$4352, up 376 percent After its prospectus was changed in a filing with the Securities and Exchange Commission, the Valkyrie Bitcoin Strategy ETF, which was set to debut on the Nasdaq on Wednesday, appeared to be delayed
The Nasdaq expects the ETF to launch on Thursday, according to a source familiar with the situation, but this has yet to be confirmed The debut of the new product was "important" for bitcoin, according to James Quinn, managing partner of Q9 Capital, a Hong Kong-based cryptocurrency private wealth manager Any licenced brokerage firm in the United States that wants to take on this ETF can do so as simply as any other ETF, according to Quinn, which "should make it available to a lot more consumers" Now let’s have a look at what’s gettin cooked at UAE Yeah of course apart from T20 world cup and IPL By the way do tell me the name of your favourite teams in the comments Personally I support RCB, Royal Cryptocurrency Bitcoin Wait [Pause] Anyways what was the news again, yeah The Ripple Effect is felt all around the world, especially in the United Arab Emirates
Al Ansari Exchange, a UAE-based foreign exchange and money transfer provider, has announced the expansion of its cross-border payment relationship with Ripple Rashed A, the CEO of Al Ansari Exchange, said "By partnering with Ripple and MoneyMatch to bring this technology to the cloud, we are able to provide our customers with more flexible, faster, safer, and innovative money transfer alternatives" Together, we're setting new industry standards, with the ultimate goal of reinventing customer experience and elevating our services to new heights globally" According to Navin Gupta, Ripple's Managing Director for South Asia and MENA, "We see our collaboration with MoneyMatch as a continuation of that attitude, and we're looking forward to working with them to improve cross-border payments in critical remittance corridors with RippleNet Cloud
" Asheesh Birla, RippleNet's General Manager, had previously stated that the APAC area remained Ripple's busiest in terms of customer demand and transaction growth Given the enormous number of remittances, it has previously facilitated a corridor between India and the UAE Ripple has helped to change the face of cross-border payments as the UAE advances its fintech status So, moving towards our last update for today morning-The first thing that came to me when I read this one was lightening mcqueen Oh, the Cars trilogy, Well, Nostalgia actually hits differently
[pause] And this inscription says- The world's most popular and longest-running Formula One team has joined the NFT craze by releasing a digital art collection on the Tezos blockchain McLaren Racing, a British motor racing company, has announced the introduction of its non-fungible tokens (NFTs) platform, which allows fans and digital art collectors to acquire digital memorabilia The new venture will be based on the well-known Tezos blockchain The NFT platform, named "McLaren Racing Collective," will allow fans and other enthusiasts to "own a piece" of the motor racing company, according to a press statement shared with CryptoPotato Fans and collectors can purchase several digital parts of the MCL35M 2021 Formula 1 race car built from the official McLaren Racing CAD in the first NFT drop
Lindsey Eckhouse, Director, Licensing, eCommerce, and eSports, McLaren Racing, stated of the launch, "We are ecstatic to announce the opening of McLaren Racing Collective, which will allow us to engage with fans in a novel way" We're building new methods to evolve our fan experience using NFTs built on the energy-efficient Tezos blockchain, and an unique McLaren Racing digital collectible marketplace gives people a completely new way to connect with our team" To celebrate the opening of the Mclaren Racing Collectibles platform, the team has decided to give the first 5,000 fans who sign up a digital portion of the MCL35M race vehicle As McLaren looks to integrate the NFT marketplace into its long-term fan engagement plan, the MCL35M collectibles drop will be the first of many such events and campaigns So, we would now wind up our assessment for today morning and meet ya’ll in the evening with even more interesting stuff, until then, you may consider joining our telegram channel for free crypto signals
Visit our blog linked below for guides, reviews, and tutorials And subscribe to the channel get updates daily about crypto market Lastly, with this little favour of coin monks, we hope you stay updated Thanks for watching and have a nice day ahead
