Crypto News Cast 📮 04-10-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2160 B
📈MarketCap: $2160 B
📊24h Mcap %: 17.28%
⚠️Bitcoin Dom: 42.90%
📌Active Coins: 6459
📍24h Vol %: 12.05%
💲24h Vol: $103 B
Crypto News Updates :
- Cardano Powered DeFi Platform, MELD in Partnership To Launch Gold-Backed Stablecoin
- Nigerian Federal High Court Approves eNaira CBDC rollout
- Raoul Pal Is Extremely Bullish on Cryptocurrency
- Edward Snowden Notes How China’s Ban Only Makes Bitcoin Stronger
- Survey – 50% Africans Use Crypto Investments To Afford Children’s Educational Costs
- Bitcoin Mining Profits Hit $40 Million In Just One Day
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– Cardano Powered DeFi Platform, MELD in Partnership To Launch Gold-Backed Stablecoin
During City A.M.’s crypto summit, chairman Ken Olling announces a partnership between decentralized finance (DeFi) platform MELD and Tingo Network, Nigeria’s largest mobile network and also Ubuntu Tribe, an ethical crypto company that tokenizes natural resources, to launch of a new gold-backed stablecoin on the Cardano network. The partnership will give Tingo’s nine million users access to MELD’s crypto services through their phones. Read Full on CryptoGlobe.
– Nigerian Federal High Court Approves eNaira CBDC rollout
The Nigerian Federal High Court joins the growing list of regulators across the globe to approve the rollout of a central bank digital currency (CBDC) as a legal tender. Named eNaira, the digital currency will be issued by the central bank and supported by a homegrown eNaira wallet. The official eNaira website says that the digital version of the Nigerian naira will be made available universally, stating “anybody can hold it.” Read Full on cointelegraph.
– Raoul Pal Is Extremely Bullish on Cryptocurrency
Prominent economist and investor, CEO of Real Vision media platform Raoul Pal, has shared charts to display the phase of crypto market dynamics and explain why it looks amazing for bulls. According to this chart, crypto market cap touched the lower limit of the ascending channel and found a support. Thus, the bullish trend is confirmed, and crypto markets can spike 3-6x in the coming months. Read Full on U.Today
– Shark Tank Star Kevin O’Leary Says His Crypto Exposure Is Now Larger Than Gold
Shark Tank star and investor Kevin O’Leary says his portfolio contains more cryptocurrency than gold for the first time. The business magnate says that he sees a lot of opportunity in the crypto space far beyond mere price speculation. O’Leary reveals now he has 5% in gold while crypto now makes up 7% of his investment portfolio. Read Full on The Daily Hodl.
– Edward Snowden Notes How China’s Ban Only Makes Bitcoin Stronger
American whistleblower Edward Snowden in a recent tweet says that China’s ban of the flagship cryptocurrency has only made it stronger, saying he wonders how many people are now on profit who bought in the assets when it declined following China’s crackdown. The former National Security Agency subcontractor explains how the assets has seen a ten-fold increase since then, also noting all the targeted attempts and campaigns to pull it down. Read Full on U.Today
– Survey – 50% Africans Use Crypto Investments To Afford Children’s Educational Costs
Recently, The London-based company Luno conducted a poll with about 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia, in order to discover the reason why they have investment in digital assets. Details from the poll reveals that 69% of these three African countries deals with crypto for long term in order to provide a better life for their families; pay their children’s educational fees. Read Full on CryptoPotato.
– Bitcoin Mining Profits Hit $40 Million In Just One Day
Recent data provided by Glassnode on-chain data provider shows the total value paid to miners in USD doing a 275% increase, amounting to $40 million paid to miners in one day. This recent rise is of course influenced by the huge price spike of bitcoin, also some other factor like electricity costs, mining rig servicing, market fluctuations and other force like the Chinese crackdown on cryptocurrencies can affect bitcoin mining profits. Read Full on U.Today
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