Crypto News Cast 📮 05-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1240 B
📊24h Mcap %: 10.23%
⚠️Bitcoin Dom: 46.10%
📌Active Coins: 4540
📍24h Vol %: -1.26%
💲24h Vol: $42 B
Crypto News Updates :
- Ripple And Anonymous Whales Moved 650 Million XRP In Seven Transactions
- Armenia’s Central Bank Has Been Asked To Regulate Cryptocurrency
- UAE Prime Minister’s Hospital Organization Becomes The First To Accept Cryptocurrency Donations
- Bermuda Works On A Clear Regulatory Framework To Attract More Crypto Companies
- Miami Mayor Believes Bitcoin Has The Potential To Become A Worldwide Currency
- Warner Bros. and Nifty’s To Launch New Looney Tunes Story, Supported By NFTs
- Binance.US Marks Year End As Deadline For Nationwide Availability
- Crypto.com Receives Preliminary Approval To Open A Crypto Exchange In Dubai
- Cardano’s Daily On-chain Transfer Volumes Hits 369% Year-to-date Increase
- Green Bitcoin Mining Startup, Bitzero Will Be Based In North Dakota
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– Ripple And Anonymous Whales Moved 650 Million XRP In Seven Transactions
Several crypto exchanges and anonymous wallets have transferred over 650 million XRP in the last 24 hours, according to the Whale Alert cryptocurrency tracking service. Over 130 million XRP tokens were used in the largest transactions. Ripple, a fintech behemoth, was among the senders. The amount of cryptocurrency mentioned above was sent in seven transactions, totaling $251,293,057. Read Full on U.Today.
– Armenia’s Central Bank Has Been Asked To Regulate Cryptocurrency
The State Revenue Committee (SRC), Armenia’s regulatory body for tax and customs services, has written to the Central Bank of Armenia (CBA), requesting that the country’s Cryptocurrency market be controlled. According to the agency, failing to regulate this industry allows for dubious activities, and there have been incidents of both tax evasion and money laundering utilizing cryptocurrency. Read Full on Bitcoin News.
– UAE Prime Minister’s Hospital Organization Becomes The First To Accept Cryptocurrency Donations
A healthcare organization in the United Arab Emirates has chosen to accept cryptocurrency donations. The Al Jalila Foundation, situated in Dubai and founded by UAE Prime Minister Mohamed Bin Rashid Al Maktoum, has become the first charity of its kind to accept cryptocurrency donations, such as Bitcoin (BTC). Dr. Abdulkareem Sultan Al Olama, the foundation’s CEO, also stated that this will assist bridge the gap between real and digital cash. Read Full on Finbold.
– Bermuda Works On A Clear Regulatory Framework To Attract More Crypto Companies
Bermuda is counting on the clarity of its digital asset legislation to attract more cryptocurrency projects and businesses. Bermuda is one of the few countries in the world that have put in place a comprehensive cryptocurrency regulatory framework. Bermuda’s plan to attract cryptocurrency firms comes at a time when several crypto firms have stated that regulatory uncertainty remains a barrier to the industry’s wider adoption and potential expansion. Read Full on Finbold.
– Miami Mayor Believes Bitcoin Has The Potential To Become A Worldwide Currency
The Mayor of Miami, Francis Suarez, said he acted as an evangelist at the last World Economic Forum (WEF) in Davos, Switzerland, where he taught people about Bitcoin. He was attempting to persuade people that this technology will have a significant impact on many people’s lives. Suarez also talked about Bitcoin’s potential as a global currency, emphasizing that it has the ability to democratize and potentially destabilize communist states. Read Full on cointelegraph.
– Warner Bros. and Nifty’s To Launch New Looney Tunes Story, Supported By NFTs
Warner Bros. announced a partnership with Nifty’s, a social media network focusing on non-fungible tokens (NFTs). Warner Bros. has announced that it will once again collaborate with Nifty’s at the end of June to make “Looney Tunes: What’s Up Block?” a compilation of NFT cartoons. The NFTs will be utilized to build a new story for the Looney Tunes franchise through a storytelling experience.Read Full on Bitcoin News.
– Binance.US Marks Year End As Deadline For Nationwide Availability
Binance US, the US arm of the headquarter-less crypto exchange Binance, took a step closer to becoming available across the country. Idaho citizens can now buy, sell, and trade bitcoins three years after the exchange was founded. Residents of Hawaii, New York, Texas, and Vermont will have to wait a long time to use Binance.US services, but a company official said that this may not be the case, as they are targeting year end. Read Full on blockworks.
– Crypto.com Receives Preliminary Approval To Open A Crypto Exchange In Dubai
Crypto.com has received crucial regulatory approval to expand into Dubai, joining a long list of leading crypto exchanges that have been given the go-ahead to develop regional platforms. The Dubai Virtual Assets Regulatory Authority granted the Singapore-based exchange provisional approval of its Virtual Asset MVP License (VARA). The company intends to offer a comprehensive range of crypto exchange products and services in the future. Read Full on blockworks.
– Cardano’s Daily On-chain Transfer Volumes Hits 369% Year-to-date Increase
Cardano creator Charles Hoskinson recently tweeted a CoinMetrics chart showing the daily on-chain transfer volume of various blockchains, including Cardano. Cardano has had a 369 percent increase in on-chain volumes year-to-date, compared to other blockchains such as Bitcoin, Ethereum, Dogecoin, and Algorand, which have fallen 15 percent, 49 percent, 79 percent, and 82 percent, respectively.Read Full on U.Today.
– Green Bitcoin Mining Startup, Bitzero Will Be Based In North Dakota
North Dakota officials have agreed that Bitzero, a 100 percent sustainable Bitcoin mining company powered by green energy, disruptive innovation, and technology, will be based in their state. Governor Doug Burgum, Bitzero Strategic Investor Kevin O’Leary, Bitzero CEO Akbar Shamji, and others signed the deal. Bitzero would be able to establish its headquarters in North Dakota and use it as a hub for all of the company’s North American operations.Read Full on Finbold.
