Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2319 B
📊24h Mcap %: 2.21%
⚠️Bitcoin Dom: 44.50%
📌Active Coins: 6459
📍24h Vol %: -16.06%
💲24h Vol: $98 B
Crypto News Updates :
- From 2016, ETH Amount Held By Miners Hits Its Highest Level
- Massive $200 Billion Milestone Record For DeFi Total Value Locked
- EU’s German Auto Industry Integrates Ethereum Blockchain In Financing Cars
- Public.com, Popular Stockbroker Platform Launches Crypto Trading Service On Its Platform
- Bitcoin Has Stood The Test Of Time But Has Future Challenges
- JPMorgan Highlights How Institutional Investors Now Prefers Bitcoin Over Gold
- Binance Getting Ready To Set Up A Headquarter, Eyes Ireland
- Senator Cynthia Lummis Reveals To Have Bought About $100,000 Bitcoin
- Arizona’s US Senate Candidate Confirms Owning Bitcoin Worth Millions
- Bitcoin Service Bakkt Integrates With Google Pay To Activate In-App Purchases
- Arcane Research Says Lightning Network Will Have 700million Users By 2030
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– From 2016, ETH Amount Held By Miners Hits Its Highest Level
Ethereum miners are not going to sell their assets and this has made the stat go much higher, according to data provided by analytics platform Santiment. The data shows that 532,750 ETH is the largest balance held by miners since July 13, 2016, amounting to 0.45% of the total circulating supply of Ethereum, which is currently at 117.8 million ETH. This shows that miners are holding their positions for further price increases. Read Full on cointelegraph.
– Massive $200 Billion Milestone Record For DeFi Total Value Locked
Data from analytics platform DeFi Llama shows that The total value locked (TVL) across all decentralized finance (DeFi) platforms has reached another milestone, as the crypto space continues growing and expanding. The record shows the total amount of collateral locked in DeFi sits at $200 billion high, representing an 825% increase since the beginning of the year when it was just low at $21.4 billion. Read Full on BeInCrypto.
– EU’s German Auto Industry Integrates Ethereum Blockchain In Financing Cars
European vehicle financing scheme is about to take a revolutionary path as Automotive industry financial partner firm Auto1 FT becomes the first European company to activate financing purchase of vehicles using the Ethereum smart contracts. The Germany-based industry explains the project as a way to halt all the busy written documents involved in running its major car business financing and also reduce cost and errors. Read Full on Finbold.
– Public.com, Popular Stockbroker Platform Launches Crypto Trading Service On Its Platform
In a Thursday statement, Public.com, a neo-brokerage outfit based in New York launches crypto trading services for its customers, enabling them to trade and store cryptocurrencies on the same app for managing their stock portfolios. The crypto trading service will show support for Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE),(ADA), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), Zcash (ZEC), Ethereum Classic (ETC), and Dash (DASH). Read Full on cointelegraph.
– Bitcoin Has Stood The Test Of Time But Has Future Challenges
During a recent interview with CNBC’s Andrew Ross Sorkin, Ray Dalio, the Bridgewater Associates hedge fund founder says that Bitcoin (BTC) has outlasted many innovations and ideas and have stood the test of time. However, Ray Dalio goes ahead to explain that the crypto industry will likely still encounter challenges ahead, calling it “future headwinds” and then urges his audience to diversify their portfolio. Read Full on The Daily Hodl.
– JPMorgan Highlights How Institutional Investors Now Prefers Bitcoin Over Gold
As Bitcoin’ market cap hit $1 trillion market capitalization yesterday, which saw the price of 1BTC spiking pass the $55,000 price mark. The U.S. big bank JPMorgan explains the factors that led to this remarkable height for the flagship cryptocurrency, Markets Insider reports. He noted how institutional investors are now having preference for bitcoin over Gold and as such pours in their wealth into the asset. Read Full on Bitcoin Magazine.
– Binance Getting Ready To Set Up A Headquarter, Eyes Ireland
As Binance continues facing regulatory threats and issues, The firm’s CEO, Changpeng Zhao confirms the firm is considering setting up multiple headquarters globally, with Ireland on the list of possible considerations. However, Zhao did not proceed to give any further details as regard to that, this is a targeted move to improve the exchange’s relationship with regulators and thereby setting up a regional headquarters. Read Full on Finbold.
– Senator Cynthia Lummis Reveals To Have Bought About $100,000 Bitcoin
The Periodic Transaction Report filed with the U.S. Securities and Exchange Commission (SEC) on Thursday shows that Senator Cynthia Lummis, a Republican from Wyoming acquired a massive Bitcoin Loads, amounting to a huge number of $100,000 worth of crypto to her portfolio. Also, brokerage platform River Financial facilitated the transaction. Wyoming is a top bitcoin supporter, having bought the asset in 2013 when it was traded for $330. Read Full on Decrypt.
– Arizona’s US Senate Candidate Confirms Owning Bitcoin Worth Millions
A recent filing reveals that Blake Masters, one of the top Republican candidates in Arizona’s 2022 Senate race holds more than $1 million worth of Bitcoin with multiple altcoins in his portfolio, like Ethereum, Dogecoin, Litecoin, Zcash and others. He’s also a close partner of billionaire Peter Thiel, who onced urged the U.S government to buy into bitcoin as an important reserve asset. Masters also hold physical gold and silver. Read Full on U.Today
– Bitcoin Service Bakkt Integrates With Google Pay To Activate In-App Purchases
According to a recent announcement from cryptocurrency platform Bakkt, the Bitcoin service platform is integrating with Google Pay as revealed. This integration will give Bakkt’s debit card holders access to spend their Bitcoin via Google Pay at accepting merchants. Also, customers can now convert their cryptocurrency into fiat, like the dollars. Bakkt’s other services include a mobile wallet app where users store, buy and sell Bitcoin. Read Full on Decrypt.
– Arcane Research Says Lightning Network Will Have 700million Users By 2030
The “State of Lightning” report on Tuesday reveals the publication of the research unit of Arcane Crypto predicting the Lightning Network will go much higher, seeing as there’s much attention and adoption of the Bitcoin (BTC) layer-two payment protocol over the decade. The predictions estimate the network having 700 million users by 2030, noting that gaming and streaming video and audio is Lightning’s major use case. Read Full on cointelegraph.