Crypto News Cast 📮 01-12-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2673 B
📊24h Mcap %: 41.00%
⚠️Bitcoin Dom: 41.20%
📌Active Coins: 6466
📍24h Vol %: -12.33%
💲24h Vol: $119 B
Crypto News Updates :
- Rap Icon Snoop Dogg Launches Another NFT “Decentral Eyes Portrait Series”
- Cardano Active Addresses Growing Massively By Over 200% Despite Price Decline
- Crypto Firm Galaxy Digital Raises $500M In New Fund For Mining Operations
- Crypto Asset Management Firm, Grayscale Launches A Solana Trust Product
- Ethereum And Bitcoin Ratio Hits A Six-Month High, Trends Against Bitcoin
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– Rap Icon Snoop Dogg Launches Another NFT “Decentral Eyes Portrait Series”
The legend in rap music, Snoop Dogg teams up with Coldie, an artist focused on blockchain and crypto art to release a new non-fungible token, dubbed “Decentral Eyes Portrait Series” and will be minted on the NFT marketplace, SuperRare. Calvin Cordozar Broadus Jr. (known professionally as Snoop Dogg) is not slowing down in his involvement in the cryptocurrency industry lately, joining the likes of Elon Musk in his support for the memecoin Dogecoin. Read Full on cointelegraph.
– Cardano Active Addresses Growing Massively By Over 200% Despite Price Decline
The active address count on the Cardano network is increasing by over 200% this month, currently standing at 191,500, though it peaked at 485,000 towards the end of the month of November. Also, The number of active addresses on Cardano is spiking massively by over 25% in November 2021, according to data from Messari. The ADA active address count hits over 485,000, although it now stands at just over 191,500.Read Full on BeInCrypto.
– Crypto Firm Galaxy Digital Raises $500M In New Fund For Mining Operations
Galaxy Digital raises new funds in order to continue the firm’s expansion and also to keep pace with the crypto industry’s continued growth track record. Notably, The firm is considering raising $500 million via the sale of five-year convertible bonds in exchange for stock in the company and will earn holders 3% interest and are set to mature in 2026, as per information by the firm. Lastly, Galaxy Digital is a registered crypto broker-dealer. Read Full on Decrypt.
– Crypto Asset Management Firm, Grayscale Launches A Solana Trust Product
Crypto asset management firm Grayscale has successfully launched a Solana trust product for accredited investors through private placement, also it will offer exposure to SOL, the native token used on the Solana blockchain. This launch comes in just two months after Grayscale rival Osprey Funds launched a Solana trust product. The Ethereum rival, Solana is getting popular among decentralized finance (DeFi) projects as it grows in popularity. Read Full on cointelegraph.
– Ethereum And Bitcoin Ratio Hits A Six-Month High, Trends Against Bitcoin
The second top Cryptocurrency by market cap, Ethereum seems to have entered a new leg up after testing an important area of support. Currently, Bitcoin might be the world’s biggest cryptocurrency, but it’s trending down against Ethereum. Lately, ETH has experienced price volatility month after hitting the record high of roughly $4,870 on Nov. 10. The ratio between ETH and BTC hit 0.08 for the first time in six months today. Read Full on Crypto Briefing.
