Crypto News Cast đŽ 06-07-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $905 B
đ24h Mcap %: Â Â Â Â 21.43%
â ď¸Bitcoin Dom:     42.50%
đActive Coins: Â Â Â 4547
đ24h Vol %: Â Â Â Â Â 2.04%
đ˛24h Vol:        $64 B
Crypto News Updates :
- Only Holders Are Left After The Cleansing Of Bitcoin âTouristsâ
- Chinese IT Behemoths Tencent And Alibaba Will Demand ID-Check For NFT Purchases
- Sango Cryptocurrency Hub Launch Goes Live In Central African Republic
- Dogecoin Trading Now Offered On Leading Cryptocurrency Exchange, FTX Japan
- Lamborghini-Sponsored GT Racing Team Will Validate Automobile Parts Using NFTs
- The New Ethereum ASIC Miner From Bitmain Will Start Selling On Wednesday
- Bitcoin Gains Acceptance In Turkey As Inflation Reaches A 24-year High
- Cardano Reached 13,000 GitHub Commits As The Most Developed Project
- Whale Purchases 18.8 Million Dogecoin With 40 Million XRP
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â Only Holders Are Left After The Cleansing Of Bitcoin âTouristsâ
According to blockchain analytics company Glassnode, so-called âmarket touristsâ are quitting Bitcoin (BTC), leaving only long-term investors keeping and using the leading cryptocurrency. Glassnode noticed strong accumulation levels despite the nearly complete purge of âtourists,â noting that the balances of Shrimps, those holding less than 1 BTC and The Whales, those holding 1,000 to 5,000 BTC were growing meaningfully. Read Full on cointelegraph.
â Chinese IT Behemoths Tencent And Alibaba Will Demand ID-Check For NFT Purchases
A number of prominent Chinese tech companies, including Tencent, Ant Group, Baidu, JD.com, and others released a âself-disciplined development proposalâ for the digital collectible industry that would implement real-name authentication for users who create, acquire, and trade non-fungible tokens (NFTs). The program promises to âfirmly combat speculationâ and prevent creating secondary markets for NFT trading. Read Full on Decrypt.
â Sango Cryptocurrency Hub Launch Goes Live In Central African Republic
To encourage the growth of the regional digital asset market, the Central African Republic (CAR) has developed the Sango crypto hub initiative, which is supported by the government. The Sango project was launched after the CAR declared Bitcoin (BTC) to be legal money in April. In addition to accelerating local BTC acceptance and supervising the implementation of crypto legal frameworks and infrastructure, the project intends to draw enterprises and international crypto talent and enthusiasts. Read Full on cointelegraph.
â Dogecoin Trading Now Offered On Leading Cryptocurrency Exchange, FTX Japan
On Tuesday, July 5, 2022, FTX Japan, the leading cryptocurrency exchange announced on its website that it would begin handling Dogecoin in its physical transactions (sales offices/exchanges) and perpetual transactions. FTX Japan goes further to affirm that they are the only domestic exchange that manages perpetual trading of Dogecoin and encourages users to take advantage of that. Read Full on U.Today.
â Lamborghini-Sponsored GT Racing Team Will Validate Automobile Parts Using NFTs
A new program for non-fungible token (NFT) certification involving racing car components has been unveiled by Lamborghini Squadra Corse and the GT racing team Vincenzo Sospiri Racing (VSR). The company stated that the project would be carried out in collaboration with the NFT platform Go2NFT, where the team is anticipated to develop NFT certification for their race vehicles with Go2NFT and the blockchain platform Skey Network. Read Full on Finbold.
â The New Ethereum ASIC Miner From Bitmain Will Start Selling On Wednesday
On Wednesday, Bitmain, a producer of mining hardware, will begin selling its newest application-specific integrated circuit (ASIC) miner, AntMiner E9. According to the companyâs announcement on Twitter, the new Ethereum miner has a hash rate of 2,400M, consumes 1920 watts of power, and has a power efficiency of 0.8 joules per minute. The E9 is equivalent to 25 RTX 3080 graphics cards, claims Bitmain. Read Full on theblock.
â Bitcoin Gains Acceptance In Turkey As Inflation Reaches A 24-year High
The rising cost of energy and the declining value of the Turkish lira recording 24 years high are only two of the factors that have contributed to the inflation rate. In comparison to the fourth quarter of 2021, the trading volume on LocalBitcoins in the area has climbed by 51%, while the second quarter of 2022 has seen a 40% growth. These significant gains show that people are using cryptocurrencies to safeguard their financial positions. Read Full on BeInCrypto.
â Cardano Reached 13,000 GitHub Commits As The Most Developed Project
Cardano is receiving a massive record-breaking number of commits on its GitHub website in the wake of the impending Vasil hardfork as some developers prepare their applications for new features and others look for areas where Cardano itself can be improved. Cardano reached 13,000 GitHub commits in June, making it the most active project in terms of development over the previous 30 days. Read Full on U.Today.
â Whale Purchases 18.8 Million Dogecoin With 40 Million XRP
A huge BNB whale named âMartian Manhunter,â which is now holding 40 million XRP and is rated 71st on WhaleStats, recently purchased 18,800,433 DOGE worth $1,256,188. In other transactions, the whale also purchased a few additional altcoins, one of which was 11,988,683 MATIC for $5,605,116. The unknown bidder also holds 25 million ADA, worth $11,191,348. Additionally, this whale has 350,000 LINK tokens and 30 million TRX tokens. Read Full on U.Today.
