Crypto News Cast For August 4th 2022 ?

Crypto News Cast 📮 04-08-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:
📈MarketCap: $1062 B
📊24h Mcap %: -18.60%
⚠️Bitcoin Dom: 40.90%
📌Active Coins: 11487
📍24h Vol %: -3.42%
💲24h Vol: $63 B

Crypto News Updates :

Nigeria And UAE Shows The Highest Levels Of Interest In Cryptocurrencies
For The First Time, Cardano-based Smart Contracts Reach 3,000
Brazil’s Cryptocurrency Law Could Be Approved This Week
SkyBridge’s Scarramucci Says Bitcoin Has Already Bottomed And Its Fair Value Is $40,000
Ethereum Will Become A Global Institutional-grade Asset Thanks To Merge
Under A New CFTC Bill, Bitcoin And Ethereum May Become Commodities
Total Number Of Cardano Wallets Records 3.5 Million, As Network Continues Growing
Galoy Introduces “Stablesats,” To Bring US Dollar Balances To Lightning Network Feature
Roman Catholic Archdiocese Of Washington, D.C. Will Accept Cryptocurrency Donations
Japan Finally Brings Back Its First Cryptocurrency ATM After Four Years
For Matchday Tickets, Oxford City Football Club Plans To Accept Bitcoin

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– Nigeria And UAE Shows The Highest Levels Of Interest In Cryptocurrencies

According to Google Trend search statistics, Nigeria has been the nation with the highest total score from the start of the market meltdown, scoring 371. The United Arab Emirates came in a distant second with a score of 271 while Singapore came third with a score of 261. The result is based on a combined total search score for a number of particular keywords, such as ‘cryptocurrency’, ‘invest in crypto’, ‘buy crypto’, ‘Bitcoin’ and among others. Read Full on Finbold.

– For The First Time, Cardano-based Smart Contracts Reach 3,000

In September 2021, the Cardano (ADA) network had a substantial update that included the addition of smart contract capability, giving the blockchain the potential to scale and execute more quickly. Plutus Scripts, a platform for Cardano-based smart contracts, has reached over 3,000 smart contracts as the most recent Vasil hard fork approaches. On August 1, there were 3,002 smart contracts running on Cardano. Read Full on Finbold.

– Brazil’s Cryptocurrency Law Could Be Approved This Week

Brazil is getting closer to regulating virtual asset service providers and digital assets (VASPs). Along with other time-sensitive bills, the cryptocurrency bill with the number 4.401/2021 is scheduled to be discussed this week. The law can be passed this week, according to Ricardo Barros, the head of the federal government in the deputy chamber of congress. The cryptocurrency measure would need to be sent to president Jair Bolsonaro for final approval. Read Full on Bitcoin News.

– SkyBridge’s Scarramucci Says Bitcoin Has Already Bottomed And Its Fair Value Is $40,000

The founder and managing partner of investment management firm SkyBridge Capital, Anthony Scaramucci, thinks that the worst of the cryptocurrency bear market has passed. Although Anthony Scaramucci said it was feasible for Bitcoin to fall, he doesn’t believe it will do so below the cycle’s low, which would be roughly $17,500. He also believes that Bitcoin currently has a realistic market value of around $40,000. Read Full on Finbold.

– Ethereum Will Become A Global Institutional-grade Asset Thanks To Merge

According to a recent analysis, Ethereum (ETH) has the potential to develop into an asset deserving of the attention of major international investors due to its new development. The long-awaited Merge upgrade is meant to push Ethereum into becoming a global institutional-grade asset, according to a research by Bloomberg Intelligence titled “Booms, Busts, and Bitcoin” that was released on August 3.Read Full on Finbold.

– Under A New CFTC Bill, Bitcoin And Ethereum May Become Commodities

A measure has been proposed by a group of senators from the Senate Agriculture Committee that would give the Commodities Futures Trading Commission (CFTC) supervisory authority over the majority of digital asset trading platforms. A legal definition of “digital commodities” would be codified under the Digital Commodities Consumer Protection Act of 2022, which would also give the CFTC control over exchanges that deal in these commodities.Read Full on Crypto Briefing.

– Total Number Of Cardano Wallets Records 3.5 Million, As Network Continues Growing

A surge in the number of wallets holding the network’s native coin, ADA, can be considered as evidence that the Cardano blockchain has experienced tremendous growth over the past year and has continued that development ahead of the imminent Valid hard fork. As of August 2, according to figures gathered utilizing information from Cardano Blockchain Insights, there were 3,500,565 active ADA wallets. Read Full on Finbold.

– Galoy Introduces “Stablesats,” To Bring US Dollar Balances To Lightning Network Feature

People can now hold US dollar balances over Bitcoin’s lightning network thanks to a new feature offered by Galoy, an open-source Bitcoin banking platform. However, the feature does not involve stablecoins or a direct fiat payment interface, in contrast to past efforts to bring dollars to the blockchain. Users can maintain the value of their Bitcoin holdings at a particular USD denomination using the new “Stablesats” function. Read Full on CryptoPotato.

– Roman Catholic Archdiocese Of Washington, D.C. Will Accept Cryptocurrency Donations

In an effort to expand its ministries, the Roman Catholic Archdiocese of Washington, D.C. will start taking cryptocurrency donations. Engiven, a cryptocurrency platform, announced that it would make it easier for donors to send money to the Roman Catholic Archdiocese of Washington, D.C., in order to support fundraising efforts and expand the church’s digital stewardship projects. The money will be used to directly assist regional initiatives etc. Read Full on cointelegraph.

– Japan Finally Brings Back Its First Cryptocurrency ATM After Four Years

After a protracted four-year absence, cryptocurrency ATMs, or BTMs as they are known locally, are once again available in Japan. Gaia Co. Ltd, a local cryptocurrency exchange company, said that it will soon introduce BTMs that support Litecoin (LTC), Bitcoin (BTC), Ether (ETH), and Bitcoin Cash (BCH). Within the next year, the company outlines plans to open 50 BTMs around the nation, with the goal of reaching 130 BTMs in the following three years. Read Full on cointelegraph.

– For Matchday Tickets, Oxford City Football Club Plans To Accept Bitcoin

When the new season begins on August 6, Oxford City Football Club hopes to make history by being the first National League team to accept Bitcoin for matchday payments. At Oxford City’s RAW Charging Stadium, patrons will be able to pay for tickets, food, and beverages with Bitcoin over the Lightning Network. Cash and credit cards are still accepted as traditional payment methods. Read Full on cointelegraph.