Crypto News Cast đŽ 18-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1816 B
đ24h Mcap %: Â Â Â -81.38%
â ď¸Bitcoin Dom:     41.80%
đActive Coins: Â Â Â 4514
đ24h Vol %: Â Â Â Â Â 2.27%
đ˛24h Vol:        $82 B
Crypto News Updates :
- Cryptocurrency, According To Ryan Reynolds, Is Developing Into A Major Player
- 167% New Addresses Increase Recorded On Cardanoâs On-Chain Activity
- Oil Firm, ConocoPhilips Uses Bitcoin Mining To Reduce Gas Flaring Emissions
- UAE Prepares Regulations To Lure Crypto Giants To Grow Mining Industry
- PBOC Reveals 2 Million Digital Yuan Central Bank Digital Currency Daily Usage
- Bank Of America â Chainlink Will Lead Mainstream Adoption Of Blockchain Tech
- Amidst Tension With Russia, Ukraine Legalizes Bitcoin And Other Cryptocurrencies
- Universal Music Group (UMG) Plans To Expand Its NFT Fan Base
- Deutsche Bank Reveals Most People Will Hodl Cryptocurrency Even In Market Crash
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â Cryptocurrency, According To Ryan Reynolds, Is Developing Into A Major Player
Ryan Reynolds, a well-known Canadian actor, is the latest celebrity to jump on the cryptocurrency bandwagon. With the expanding popularity of bitcoin and altcoins, the number of celebrities who show their support for the industry is steadily increasing. Ryan Reynolds, a Hollywood actor, feels that cryptocurrency is becoming a major factor. He did not, however, say whether he had put some of his money into the asset class. Read Full on CryptoPotato.
â 167% New Addresses Increase Recorded On Cardanoâs On-Chain Activity
According to IntoTheBlockâs Net Network growth measurements, a notable crypto expert reports a large increase in on-chain activity for the Cardano blockchain. According to the analyst, the number of new daily addresses created on the Cardano network has increased by about 167% to 112,500. According to the expert, sustained growth in this parameter frequently indicates a spike in ADA price volatility. Read Full on U.Today.
â Oil Firm, ConocoPhilips Uses Bitcoin Mining To Reduce Gas Flaring Emissions
ConocoPhilips, the worldâs largest oil and gas company, is dabbling with Bitcoin (BTC) mining to reduce the wasteful habit of flaring. According to a CNBC story, the corporation is now running a pilot project in North Dakotaâs oil-rich Bakken region. Instead of flaring extra gas, a byproduct of oil drilling, the company is selling it to a third-party Bitcoin miner who will use it as fuel. Read Full on cointelegraph.
â UAE Prepares Regulations To Lure Crypto Giants To Grow Mining Industry
According to Bloomberg, the government of the United Arab Emirates plans to give federal licenses that will allow large global cryptocurrency companies to operate across the country. The UAE hopes to outperform other crypto hubs like Singapore and Hong Kong by inviting more VASPs (virtual asset service providers). Furthermore, the country intends to develop a bitcoin mining ecosystem. Read Full on U.Today.
â PBOC Reveals 2 Million Digital Yuan Central Bank Digital Currency Daily Usage
During a webinar hosted by the Atlantic Council on Tuesday, a top official from Chinaâs central bank, the Peopleâs Bank of China (PBOC), gave an update on the most recent experiment of the Chinese central bank digital currency (CBDC). The Chinese CBDC is reported to be used to make 2 million yuan of payments every day at the Olympics. Thatâs according to Mu Changchun, the director-general of the PBOCâs Digital Currency Research Institute. Read Full on Bitcoin News.
â Bank Of America â Chainlink Will Lead Mainstream Adoption Of Blockchain Tech
Chainlink is currently the factor behind expanding total wealth locked in decentralized finance (DeFi), according to a research analysis released on Wednesday by Bank Of America. According to DeFiLlama, there is now more than $205 billion locked in DeFi, an increase of more than 300% year over year. Over $60 billion has been deposited into smart contracts by Chainlink, a blockchain oracle service provider. Read Full on CryptoPotato.
â Amidst Tension With Russia, Ukraine Legalizes Bitcoin And Other Cryptocurrencies
Ukraineâs Vice Prime Minister, Mykhailo Fedorov, verified the news in a tweet, adding that the country is already among the top five countries in terms of bitcoin adoption and that theyâve taken another step forward. The law on virtual assets has been passed by the Parliament! Crypto exchangers and cryptocurrencies will be legalized, and Ukrainians will be able to protect their funds from possible abuse or fraud. Read Full on LatestLY.
â Universal Music Group (UMG) Plans To Expand Its NFT Fan Base
Universal Music Groupâs (UMG) record labels, operating companies, and recording artists are collaborating with Curio, an NFT platform for entertainment brands, to create NFT projects. The partnership will also enable UMG to develop and launch future NFT initiatives with its portfolio of artists and labels. Thereby, giving the company more scalability and flexibility to offer authentic fan-oriented collectibles, meticulously handpicked for each project. Read Full on theblockcrypto.
â Deutsche Bank Reveals Most People Will Hodl Cryptocurrency Even In Market Crash
Deutsche Bank conducted an online study of 3,250 U.S. consumers in December called âThe Future of Cryptocurrencies.â According to the analysis, Even if prices fell by 80%, fewer than half of crypto traders and investors questioned would lower their investments or exit the market entirely. Over 70% of respondents said they wanted to increase their crypto engagement in the next 12 months, expecting a $110,000 price mark in five years. Read Full on coindesk.
