Crypto News Cast 📮 14-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1863 B
📊24h Mcap %: -36.93%
⚠️Bitcoin Dom: 40.90%
📌Active Coins: 4527
📍24h Vol %: -7.97%
💲24h Vol: $78 B
Crypto News Updates :
- Terra’s Luna Foundation Guard Adds $100 Million In Bitcoin To It’s Wallet
- Dogecoin Aims To Use Starlink Technology For Offline Transactions
- Nexo Teams Up With Mastercard And DiPocket To Launch A Cryptocurrency Card
- Michael Saylor Is Optimistic About The Future Of Cryptocurrency Regulations
- The Brazilian Senate Set To Approve An Incoming Bitcoin Law
- Argentinian Town To Use Crypto Mining Investment To Combat Inflation
- Circle Reveals A $400 Million Funding Round And Collaboration With BlackRock
- Ava Labs, A Subsidiary Of Avalanche, Is Ready To Reach $5.25billion Valuation
- Iran Launches Forward With Plans To Launch Cryptocurrency-based CBDC
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– Terra’s Luna Foundation Guard Adds $100 Million In Bitcoin To It’s Wallet
The Luna Foundation Guard (LFG), which serves as the resolve protocol for the algorithmic stablecoin UST, has added another $100 million in Bitcoin (BTC) to its wallet. According to a dashboard, LFG’s wallet presently contains $1.7 billion in Bitcoin, $549.84 million in various USD-denominated stablecoins, and $14.74 million in Terra. LFG’s wallet contains 42,410 BTC, making it the 19th largest in terms of total bitcoin holdings. Read Full on coindesk.
– Dogecoin Aims To Use Starlink Technology For Offline Transactions
Two prominent Dogecoin Foundation employees recently published an article about leveraging RadioDoge technology in conjunction with the Starlink satellite network to execute DOGE transactions without accessing the Internet. The researchers acknowledged that there is still a long way to go, but they had created the framework for future trials. It includes using Starlink’s technology to connect RadioDoge to the Dogecoin testnet. Read Full on CryptoPotato.
– Nexo Teams Up With Mastercard And DiPocket To Launch A Cryptocurrency Card
Nexo, a digital asset management company, has teamed up with Mastercard to develop a Mastercard-backed crypto card in a few European areas. The Nexo Card is a cryptocurrency-backed credit card that allows cardholders to use their bitcoin as collateral instead of selling it. Nexo has partnered with DiPocket to introduce the card, which will serve as Nexo’s card issuer in European markets. Read Full on Decrypt.
– Michael Saylor Is Optimistic About The Future Of Cryptocurrency Regulations
During a panel discussion at the Exchange ETF conference in Miami Beach on Tuesday, MicroStrategy CEO Michael Saylor argued that the US Treasury Secretary’s remarks on digital assets last week was a “green light” for the crypto economy. According to Saylor, the commodity could disrupt the commercial real estate sector if consumers utilize it as an alternative store of value. Thereby, causing bitcoin’s market valuation to reach $100 trillion. Read Full on blockworks.
– The Brazilian Senate Set To Approve An Incoming Bitcoin Law
The Brazilian National Congress is anticipated to enact a bill regulating the cryptocurrency industry in the first half of this year. However, Bitcoin will not become legal tender in Brazil if the measure is approved in plenary, as it is in El Salvador. The proposed bill would instead empower the Brazilian president to appoint a government organization to implement cryptocurrency regulations. Read Full on cointelegraph.
– Argentinian Town To Use Crypto Mining Investment To Combat Inflation
The town of Sorradino in Argentina’s Santa Fe Province may start mining cryptocurrency in order to raise funds for train infrastructure upgrades. Its mayor believes there is no risk in mining digital currency that can be sold right away. The 6000-person town has already purchased six graphics cards and will be purchasing a mining setup in the near future. The plan to mine cryptocurrency was backed by the local population, according to Sorradino Mayor Juan Pio Drovetta.Read Full on cointelegraph.
– Circle Reveals A $400 Million Funding Round And Collaboration With BlackRock
Circle, a cryptocurrency payment business, announced a $400 million fundraising round on Tuesday. As a strategic investor, the firm is also collaborating with management behemoth BlackRock. Fidelity Management and Research, Marshall Wace LLP, and Fin Capital also participated in the round. Circle is hoping to develop capital market applications by teaming with BlackRock. BlackRock will also manage the USDC cash reserves as an asset manager.Read Full on theblockcrypto.
– Ava Labs, A Subsidiary Of Avalanche, Is Ready To Reach $5.25billion Valuation
Ava Labs, the startup behind the Avalanche blockchain, is expected to raise $350 million at a valuation of $5.25 billion. The goal is to keep developing Avalanche’s subnet functionality so that dApps can scale at high speeds with minimal transaction fees. Ava Labs would become one of the world’s most valuable crypto firms if it fulfilled its goal, trailing just a few heavyweights like Polygon and Circle.Read Full on Crypto Briefing.
– Iran Launches Forward With Plans To Launch Cryptocurrency-based CBDC
The Iranian Central Bank has discussed the regulations surrounding a CBDC crypto-rial with banks and financial institutions. The CBDC will bring together a number of financial organizations that can execute smart contracts, with the central bank in charge of currency management. The regulations will involve how to mint and distribute the CBDC, which will be controlled by the central bank of Iran.Read Full on BeInCrypto.
