Crypto News Cast đŽ 09-03-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1852 B
đ24h Mcap %: Â Â Â Â 127.00%
â ď¸Bitcoin Dom:     43.30%
đActive Coins: Â Â Â 4519
đ24h Vol %: Â Â Â Â Â 8.14%
đ˛24h Vol:        $96 B
Crypto News Updates :
- Papa Johnâs Pizza Chain Enters The NFT Market, Offers Free Token Drop
- DRW, A Trading Behemoth, Will Now Provide Bilateral Crypto Options
- With Trademark Registrations, Red Bull Forays Into NFTs And The Metaverse
- With New Intel ASIC Chips, HIVE Blockchain Can Extend Mining Activities
- BNB Is Expected To Trade Above $2,400 By 2030, Analysts Say
- Thailand Approves Bitcoin And Crypto Exemption From Taxation
- The Sandbox Forms $25M NFT Alliance With The World Of Women
- Treasury Supports Crypto Innovation, According To A Leaked Yellen Statement
- Bain Capital Ventures Launches a $560 Million Crypto Investment Fund
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â Papa Johnâs Pizza Chain Enters The NFT Market, Offers Free Token Drop
Papa Johnsâ first mainstream NFT airdrop will begin this month. Nine pizza hot bags inspired the new collection, which includes 19,840 NFTs. All NFTs with the slogans âPapa 1984â and âPapa Cheese Meltâ can be redeemed in a few clicks through a campaign-specific microsite. NFT designer Tom Hoff highlights that this release is a critical step toward widespread NFT adoption and increased visibility for the Papa Johns brand. Read Full on U.Today.
â DRW, A Trading Behemoth, Will Now Provide Bilateral Crypto Options
Bloomberg reports that DRW Holdings, a Chicago-based high-speed trading firm, is planning to launch bilateral cryptocurrency options contracts, to provide their customers with the finest possible service. This type of investment instrument, which allows traders and investors to strengthen their hedging strategy, is still considered exotic. Currently, only a few cryptocurrency companies, such as Galaxy Digital Holdings, offer it. Read Full on U.Today.
â With Trademark Registrations, Red Bull Forays Into NFTs And The Metaverse
The Austrian energy drink giant Red Bull, submitted a trademark application on March 3, 2022, signaling that it aims to expand into the metaverse and sell branded non-fungible tokens. Michael Kondoudis, a licensed metaverse trademark attorney, broke the news on Twitter on Tuesday, March 8, disclosing that the company wants to offer multimedia with NFTs, as well as virtual and cryptocurrency, apparel, drinks, and sports gear. Read Full on Finbold.
â With New Intel ASIC Chips, HIVE Blockchain Can Extend Mining Activities
HIVE Blockchain Technology, a publicly traded crypto mining business, has agreed to buy ASIC chips from semiconductor maker Intel for use in their new bespoke mining equipment. HIVE arranged for the new devices to be manufactured by a third-party custom design company, which will include Intel CPUs into new air-cooled Bitcoin (BTC) mining machines. Theyâll start arriving in the second half of 2022, ready to use.Read Full on cointelegraph.
â BNB Is Expected To Trade Above $2,400 By 2030, Analysts Say
Industry analysts predict that BNB, the cryptocurrency created by the Binance exchange, will increase gradually over the next decade, surpassing $2,400 by 2030. Between January 6 and 17, 33 professionals from the crypto and fintech industries took part in a Finder survey to analyze the price of BNB. 14 analysts out of this group predicted Binance Coinâs prosperity over the next decade. Read Full on Finbold.
â Thailand Approves Bitcoin And Crypto Exemption From Taxation
Thailandâs cabinet simplified tax laws for investments in Bitcoin and other cryptocurrencies on Tuesday in order to fully develop Southeast Asiaâs second-largest expanding economy. The opportunity to offset oneâs annual losses for taxes due to bitcoin and other cryptocurrencies, as well as a 7% VAT for authorized exchanges, intends to assist promote additional trading and investment strategies in the fast-growing market. Read Full on Bitcoin Magazine.
â The Sandbox Forms $25M NFT Alliance With The World Of Women
Two of the most well-known Ethereum NFT projects are coming together. The Sandbox, a crypto metaverse game, today announced a cooperation with World of Women, an NFT profile image initiative, in which the gaming project would offer $25 million in grant monies to establish the WoW Foundation. The WoW Foundation is a World of Women program that aims to educate and mentor more women into the NFT realm and the emerging metaverse.Read Full on Decrypt.
â Treasury Supports Crypto Innovation, According To A Leaked Yellen Statement
President Joe Biden is set to issue a âhistoric executive orderâ today, according to a leaked statement from US Treasury Secretary Janet Yellen. According to Yellen, the executive order demands a planned, coordinated and comprehensive approach to digital asset policy. This strategy will encourage responsible innovation, which might have significant benefits for the country, consumers, and enterprises. Read Full on trustnodes.
â Bain Capital Ventures Launches a $560 Million Crypto Investment Fund
Bain Capital Ventures, a startup investment firm based in Boston, Massachusetts, has announced the establishment of a new $560 million fund. The primary purpose of the funding will be to make direct investments in cryptocurrency-related businesses and companies. The firm has so far invested in Compound, BlockFi, and Digital Currency Group, but it intends to diversify its cryptocurrency holdings. Read Full on CryptoPotato.
