Crypto News Cast đŽ 30-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1270 B
đ24h Mcap %: Â Â Â Â 52.76%
â ď¸Bitcoin Dom:     45.90%
đActive Coins: Â Â Â 4539
đ24h Vol %: Â Â Â Â Â 16.12%
đ˛24h Vol:        $70 B
Crypto News Updates :
- JPMorgan Is Looking Into Using Blockchain Technology To Tokenize Stocks
- Cardano Could Become A Scarce Asset Like Bitcoin Due To Its Supply Limit
- The United States Houses 41% Of All NFT Companies In The World
- FTX Is Willing To Invest Billions On Acquisitions, FTX CEO Bankman-Fried Confirms
- Belgian Soccer Player, Kevin De Bruyne Partners With Phemex, A Cryptocurrency Exchange
- Tim Draper Is Still Optimistic That Bitcoin Will Reach $250,000
- A Bill In Louisiana Seeks A Study Into Cryptocurrency Campaign Donations
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â JPMorgan Is Looking Into Using Blockchain Technology To Tokenize Stocks
Banking Giant, JPMorgan Chase is considering adopting blockchain technology to tokenize shares and other traditional instruments. The financial behemoth is experimenting with blockchain technology by transferring collateral settlements during after-market trading hours. With this, Investors will be able to pledge a broader range of assets as collateral and use them outside of market hours.Read Full on The Daily Hodl.
â Cardano Could Become A Scarce Asset Like Bitcoin Due To Its Supply Limit
Cardano remains one of the few coins that comes close to Bitcoinâs distribution and inflation, according to âADA whale,â a Cardano community-focused Twitter account. He also confirms that, in the future, ADA might become an extremely scarce asset, as it may follow the BTC-like path. He also believes that Bitcoinâs dynamics are correct because of its equitable distribution, low price over a lengthy period of time, and stable supply. Read Full on U.Today.
â The United States Houses 41% Of All NFT Companies In The World
The United States has the most non-fungible token (NFT) firm headquarters in the world, according to a report titled âA World of NFT Adoption.â While the United States accounts for more than 41% of all NFT companies, Singapore has the second highest number of NFT startup locations in the region, accounting for over 10%. NFT searches are also popular in Australia, which ranks second in the world in terms of interest. Read Full on Bitcoin News.
â FTX Is Willing To Invest Billions On Acquisitions, FTX CEO Bankman-Fried Confirms
Chief Executive Officer Sam Bankman-Fried told Bloomberg in an interview that FTX, a major cryptocurrency exchange, is prepared to spend billions of dollars on interests in other companies. He stated that the companyâs and its US entityâs recent financing of more than $2 billion might be used for the investments, which are targeted at increasing the companyâs variety of services to its consumers all over the world. Read Full on theblockcrypto.
â Belgian Soccer Player, Kevin De Bruyne Partners With Phemex, A Cryptocurrency Exchange
Kevin De Bruyne, a Belgian soccer star who plays for Manchester City, has joined Phemex, a Singapore-based cryptocurrency platform, as a brand ambassador. Apart from serving as a worldwide ambassador for the trading platform, the Belgian will also participate in educational projects aimed at explaining the benefits of cryptocurrency to soccer fans. Manchester Cityâs star stated heâs excited to work with Phemex and learn more about cryptocurrencyâs future. Read Full on CryptoPotato.
â Tim Draper Is Still Optimistic That Bitcoin Will Reach $250,000
Tim Draper, an American investor, believes that the price of Bitcoin would finally reach $250,000 by early 2023. In addition, he projected that more women would begin to use Bitcoin. The cryptocurrencyâs user base would be greatly expanded as a result of this. Given that women own nearly 51% of wealth in the United States, itâs not unreasonable to believe that they may drive the price of Bitcoin substantially higher. Read Full on U.Today.
â A Bill In Louisiana Seeks A Study Into Cryptocurrency Campaign Donations
Earlier last week, a Louisiana house bill calling for a probe into crypto political contributions was introduced. The measure (HR 180) would charge the Supervisory Committee on Campaign Finance Disclosure with investigating the concerns surrounding the receipt of crypto campaign contributions. A committee may take bitcoin as a campaign payment, but it must be reported as an in-kind contribution, according to the measure. Read Full on theblockcrypto.
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