Crypto News Cast For February 24th 2022 ?

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crypto news cast february 24th 2022 ?
Crypto News Cast 📮 24-02-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1615 B
📊24h Mcap %:       -105.00%
⚠️Bitcoin Dom:        42.20%

📌Active Coins:       4516
📍24h Vol %:           96.27%
💲24h Vol:               $128 B

Crypto News Updates :

  • Within A Year, 60% Of Merchants Want To Accept Cryptocurrency
  • Mexican Senator Proposes Crypto Law, Advocating To Make Bitcoin A Legal Tender
  • Cardano “Hodlers'” ADA Balance Exceeds $10B Since December 2019
  • Warner Music Group Partners With Blockchain Gaming Developers Splinterlands
  • Password Manager 1Password Is Incorporated Into Solana’s Crypto Wallet, Phantom
  • BNY Mellon Survey: Over Three-quarters Of Family Offices Saw Value In Crypto
  • A New Product From A Swiss Index Provider Tracks Ten DeFi Coins
  • Opera Integrates Ethereum Layer2, Giving Millions Of Users Access To DeFi

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– Within A Year, 60% Of Merchants Want To Accept Cryptocurrency

Customers and merchants transacting in crypto now have a 10X difference, according to the research “Crypto for Payments.” Only 4% of shops accept cryptocurrency, despite the fact that 40% of customers want to use it to make purchases. This year, 60 percent of buyers and retailers expressed interest in using/accepting cryptocurrency. The price volatility that cryptocurrencies have could be one factor contributing to the customer-merchant gap. Read Full on CryptoPotato.

– Mexican Senator Proposes Crypto Law, Advocating To Make Bitcoin A Legal Tender

A government official in Mexico has once again urged the country to follow El Salvador’s lead on Bitcoin (BTC) adoption, despite El Salvador reporting on the good impact of the country’s adoption. Senator Indira Kempis of the state of Nuevo León believes that Bitcoin should be legal tender in Mexico since it has the potential to drive global financial inclusivity. The cryptocurrency bill based on the “Bitcoin Law” of El Salvador. Read Full on cointelegraph.

– Cardano “Hodlers'” ADA Balance Exceeds $10B Since December 2019

The amount of ADA held by Cardano “hodlers” has surpassed $10 billion for the first time since December 2019. Cardano’s price rose to all-time highs of $3.10 in early September last year, indicating positive price activity. However, it has progressively dropped since then, with current prices having lost approximately 70% of its ATH. Hodlers, or people who own Cardano addresses for more than a year, have raised their holdings to 10.12 billion ADA.Read Full on U.Today.

– Warner Music Group Partners With Blockchain Gaming Developers Splinterlands

Splinterlands, a fantasy-themed collectible card game creator, has announced a partnership with Warner Music Group (WMG) . WMG artists will be able to build and develop play-to-earn, arcade-style blockchain games. WMG launched its first foray into the nonfungible token (NFT) metaverse last month through a partnership with The Sandbox, with the purpose of giving WMG artists another way to interact with their fans. Read Full on cointelegraph.

– Password Manager 1Password Is Incorporated Into Solana’s Crypto Wallet, Phantom

Phantom Wallet, a wallet on Solana, partners with 1Password, a prominent password management application, to make accessing the crypto wallet a little easier. 1Password’s “Save in 1Password” API will be integrated with Phantom specifically. Users may now save all of their Phantom wallet credentials and private keys to 1Password instead of having to manage long login credentials made up of sequences of letters, digits, and phrases. Read Full on Decrypt.

– BNY Mellon Survey: Over Three-quarters Of Family Offices Saw Value In Crypto

According to a new report by the investment banking firm BNY Mellon, 77% of family offices are interested in or participating in cryptocurrency. 40% of respondents said that crypto was significant in supplementing their investing strategy, and 66% planned to grow their crypto holdings in the following 12 to 24 months. A total of 200 people took part in the BNY Mellon poll, including 56 single-family offices and 144 multi-family office.Read Full on theblockcrypto.

– A New Product From A Swiss Index Provider Tracks Ten DeFi Coins

Compass Financial Technologies, a fund manager based in Switzerland, has developed the “Compass Crypto Basket Fundamental DeFi Index,” which includes ten decentralized finance (DeFi) assets (CCBFDEFI). The company was created in 2017 and specializes in crypto, commodities, multi-assets, and real estate indexes and services. It oversees financial products worth $5 billion that are linked to its indices. Read Full on cointelegraph.

– Opera Integrates Ethereum Layer2, Giving Millions Of Users Access To DeFi

Opera, the maker of the popular Opera web browser, has announced an integration with Ethereum Layer 2 exchange DeversiFi, which is powered by Starkware’s Layer 2 scaling technology, allowing for cheap and quick transactions within the Opera mobile browser wallet. Due to the growing popularity of decentralized finance (DeFi) and the continuing Non-Fungible Token (NFT) craze, transaction fees on the Ethereum mainnet have become prohibitively high. Read Full on MarTech Series.
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