Crypto News Updates📮31-10-2022
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Welcome to The Crypto News Update: A Complete Cryptocurrency Newsletter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.
24hours Cryptocurrency Market Cap:
📈MarketCap: $1014 B
📊24h Mcap %: -1.00%
⚠️Bitcoin Dom: 38.70%
⚡️Ethereum Dom: 19.00%
📌Active Coins: 12909
📍24h Vol %: 3.16%
💲24h Vol: $83 B
Crypto News Updates Today :
- Oldest American Source Of Renewable Energy Was Saved By Bitcoin (BTC) Miners
- A New Mining Bill Allows Cryptocurrency Payments Around Russian Borders
- Coinbase CEO Brian Armstrong Believes Bitcoin (BTC) Will Become The New Gold
- Charles Hoskinson Is Prepared To Accept Cardano In His Own Restaurant
- Ukraine, Indonesia, And Russia Leads Crypto Adoption In Q3 According To DappRadar
- Thailand And Hungary Partner To Upgrade Blockchain Tech In Financial Sector
- India’s Central Bank Starts Wholesale CBDC Pilot Nov. 1
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Oldest American Source Of Renewable Energy Was Saved By Bitcoin (BTC) Miners
The Mechanicville Hydroelectric Plant underwent a technical equipment renovation in 2021 at the initiative of Bitcoin miners. This was the first time that a hydroelectric plant in the United States had undergone such a renovation. The plant could no longer turn a profit and was slated for closure, but Bitcoin miners saved it by donating their machines to the project.Read Full on U.Today
A New Mining Bill Allows Cryptocurrency Payments Around Russian Borders
Russian lawmakers are considering a new bill that would legalize cryptocurrency mining. This proposal has grown significantly over the past few years, and Aksakov said that it would be permissible to use cryptocurrencies as a form of payment outside of Russia. Read Full on Bitcoin News
Coinbase CEO Brian Armstrong Believes Bitcoin (BTC) Will Become The New Gold
According to Coinbase CEO Brian Armstrong, Bitcoin will soon become the new gold standard in the world of cryptocurrency. He predicts that by the next ten years, it will be able to fulfill the role of a “new gold” asset class. This adoption curve may resemble that of e-commerce, which is growing rapidly today.Read Full on The Daily Hodl
Charles Hoskinson Is Prepared To Accept Cardano In His Own Restaurant
Charles Hoskinson, the CEO of Cardano, said that his restaurant will accept crypto as payment. This is in preparation for their grand launch, which is set to take place in Wheatland, Wyoming. Hoskinson has been very supportive of cryptocurrencies and has shown interest in their potential use as a form of payment. Despite this interest, Hoskinson decided not to change his mind and plan on making his restaurant crypto-friendly. Read Full on U.Today
Ukraine, Indonesia, And Russia Leads Crypto Adoption In Q3 According To DappRadar
The DApp analytics platform, DappRadar, has found that blockchain adoption is growing despite a bear market surrounding asset prices. They identified key trends that affected the blockchain space, including areas where crypto adoption rises in both usage and regulatory efforts. This has resulted in significant growth for crypto adoption in these three countries.Read Full on CryptoPotato
Thailand And Hungary Partner To Upgrade Blockchain Tech In Financial Sector
Industry groups from Thailand and Hungary are working together to use blockchain technology in the financial services industry. They want to exchange ideas for alternative services and expertise, and they have signed a Memorandum of Understanding to do this. Read Full on Bitcoin News
India’s Central Bank Starts Wholesale CBDC Pilot Nov. 1
India’s central bank is planning to introduce a demo wholesale central bank digital currency (CBDC) on November 1, and the retail version will start within a month. Nine prominent banks have been identified to participate in the pilot project. In a statement, the Reserve Bank of India said the case for using the wholesale digital rupee is to reduce transaction costs. Read Full on coindesk