Crypto News Cast For September 8th 2022 ?

Crypto News Cast 📮 08-09-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap: $977 B
📊24h Mcap %: 23.70%
⚠️Bitcoin Dom: 37.60%
📌Active Coins: 12162
📍24h Vol %: -0.21%
💲24h Vol: $79 B

Crypto News Updates :

For BTC’s Development, The Human Rights Foundation Gives $325,000 In BTC
As The Merger Approaches, SEBA Bank Moves To Enable ETH Staking Services
A Hedge Fund In London Is Seeking To Hire A Crypto Quant Researcher
Despite Crypto Winter, Bitcoin’s 5-year Returns Outperform Big Banking Equities’ ROI By Over 500%
Despite BTC’s 60% Price Decline, 47% Of Bitcoin Owners Are Still In Profit
Renault And The Sandbox Form Partnership To Bring Automotive Experiences To The Metaverse
Ahead Of Ethereum’s Merge, Binance US Introduces High-yield Ethereum Staking
Ripple‘s Top Latin-American Partner Starts Crypto Remittances Between Mexico And Canada
ETC Group Deploys Crypto ETP-Based On PoW Ethereum Hard Fork
Founder And CEO Of Pantera Capital Says Bitcoin’s Next Bull Market Is Close

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– For BTC’s Development, The Human Rights Foundation Gives $325,000 In BTC

The Human Rights Foundation (HRF) has announced that it has donated $325,000 in Bitcoin to support important components of the Bitcoin ecosystem. The HRF is concentrating its efforts with this donation on censorship resistance, open-source custody solutions, Bitcoin Core development, Chaumian e-cash, and global education.

Read Full on Bitcoin Magazine.

– As The Merger Approaches, SEBA Bank Moves To Enable ETH Staking Services

Swiss-regulated crypto platform SEBA Bank has implemented ether staking services for large clients ahead of the network’s anticipated Merge event later this month. The service allows users to generate rewards on their ether holdings on a monthly basis, with lock-up periods instituted post-merge.
Read Full on blockworks.

– A Hedge Fund In London Is Seeking To Hire A Crypto Quant Researcher

The Winton Group, a hedge fund with offices in London and founded by billionaire quant investor David Harding, is currently looking for experts in the cryptocurrency sector, which could be seen as a sign that the fund will join other major investors looking to gain a foothold in the quickly growing market for digital assets. In August, the business posted a job listing on LinkedIn for a crypto quant researcher to “help the development of their crypto systematic trading techniques.” Read Full on Finbold.

– Despite Crypto Winter, Bitcoin’s 5-year Returns Outperform Big Banking Equities’ ROI By Over 500%

Bitcoin has outperformed other asset classes in terms of long-term returns, with a five-year ROI of 549.35% on average. Bitcoin also outperforms the equities of five major banks, with returns of 839.17% for Citi (NYSE: C) and 728.34% for Wells Fargo (NYSE: WFC). However, Bitcoin’s returns against Goldman Sachs (NYSE: GS) are 407.46%, and JPMorgan (NYSE: JPM) is at 402.06%.Read Full on Finbold.

– Despite BTC’s 60% Price Decline, 47% Of Bitcoin Owners Are Still In Profit

Despite Bitcoin correcting by around 59.95% in 2022, the number of holders who are in profit can still be regarded as considerable. 47% of Bitcoin owners are still in profit as of September 7 at the current price, while 52% of them are in loss. Notably, the currency has continued to fall below $20,000; as of press time, it was trading at $18,700, down over 5% over the previous day according to statistics from CoinMarketCap. Read Full on Finbold.

– Renault And The Sandbox Form Partnership To Bring Automotive Experiences To The Metaverse

Renault has partnered with The Sandbox to participate in its virtual metaverse universe. This will be handled by the company’s Korean subsidiary, which will build the brand’s presence in the market by engaging in a variety of automotive-related activities. With the goal of enhancing The Sandbox platform and enabling Renault to reach a larger audience and increase the number of prospective customers for their products, this partnership is expected to be beneficial for both companies.Read Full on Bitcoin News.

– Ahead Of Ethereum’s Merge, Binance US Introduces High-yield Ethereum Staking

Binance US has introduced Ethereum staking on their platform, which allows users to earn payouts at a starting rate of 6%. This is an improvement over main rivals Lido and Coinbase, which now provide staked ETH with APYs of 3.5% and 3.25%, respectively. Read Full on Decrypt.

– Ripple‘s Top Latin-American Partner Starts Crypto Remittances Between Mexico And Canada

Bitso, a significant associate of Ripple and an ODL corridor, has declared a cooperation with Africhange, a Canadian-African remittance company. The collaboration should help in streamlining and facilitating cryptocurrency-based money transactions between Bitso’s home countries of Canada and Mexico. The tendency of Mexicans coming to the nation in North America gave rise to the collaboration between the two businesses. Read Full on U.Today.

– ETC Group Deploys Crypto ETP-Based On PoW Ethereum Hard Fork

In response to the upcoming Ethereum Merge, ETC Group formally announced that a new Ethereum ETP has been launched. In order to represent a set of miners who are opposed to Ethereum switching to PoS, the new Ethereum ETP from ETC Group will rely on a forked PoW Ethereum chain. The Ethereum Merge, a long-awaited consensus upgrade, is scheduled to take place in the middle of September and will convert the Ethereum blockchain from mining-based PoW to proof-of-stake. Read Full on cointelegraph.

– Founder And CEO Of Pantera Capital Says Bitcoin’s Next Bull Market Is Close

According to Pantera Capital CEO Dan Morehead, the current cryptocurrency market winter will soon come to an end, which will see a subsequent bull market as bitcoin’s price makes an upward recovery. Additionally, he claimed that the dominance of BTC and ETH, the two most valuable digital currencies by market cap, has begun to wane. People should focus on other crypto projects that are truly essential instead.Read Full on CryptoPotato.