Crypto News Cast For December 19th 2021 ?

CCNC
6 Min Read

crypto news cast december 19th 2021 ?
Crypto News Cast 📮 19-12-2021

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2210 B
📊24h Mcap %:        5.38%
⚠️Bitcoin Dom:        40.40%

📌Active Coins:       4472
📍24h Vol %:          -7.63%
💲24h Vol:               $77 B

Crypto News Updates :

  • Polygon And Reddit Co-founder’s VC To Launch $200 Million Web3 Initiative
  • Cardano Rolls Out New Peer-to-Peer (P2P) Testnet Targeted To Increase Decentralization
  • Wall Street Financial Advisor, LionTree Looks Into Crypto Payments Options
  • Ethereum Competitor, Avalanche Now At Top 10 Coins By Market Cap
  • eCommerce Firm, Shopify Activates NFTs Minting And Selling On Its platform
  • Elektra Now The First Retail Store To Take Bitcoin Payments In Mexico
  • Adidas Originals Bags $23Million On Concluding Its First NFT Drop

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– Polygon And Reddit Co-founder’s VC To Launch $200 Million Web3 Initiative

In a joint partnership, Ethereum scaling project Polygon and Seven Seven Six, Reddit co-founder Alexis Ohanian’s venture capital firm will be launching a $200 million initiative targeted at investing in Web3 social media and gaming projects. According to Information released by co-founder Sandeep Nailwal to the Block, The investments are denominated in dollars and not in Polygon’s MATIC tokens, Polygon. Read Full on theblockcrypto.

– Cardano Rolls Out New Peer-to-Peer (P2P) Testnet Targeted To Increase Decentralization

On the path towards full decentralization upgrade, the Cardano network is introducing a new peer-to-peer (P2P) testnet, According to Cardano developer Input-Output. Also, noting that the new testnet will be working with a small group of pool operators in order to test the functionalities. Also, there are about 3,000 stake pools run by operators (SPOs) managing the distributed nodes that power the network. Read Full on Finbold.

– Wall Street Financial Advisor, LionTree Looks Into Crypto Payments Options

LionTree, a Wall Street financial advisor that initially helped Amazon get the MGM studios this year, is currently looking into crypto payment options. LionTree is a popular financial advisor and investment banking firm. Chairman and CEO Aryeh Bourkoff holds discussions on crypto as a potential tool for empowering individuals and also gains exposure to some of the biggest trends in crypto like DeFi and NFTs.Read Full on cointelegraph.

– Ethereum Competitor, Avalanche Now At Top 10 Coins By Market Cap

Solana is a major trend in 2021, the “Ethereum killer” records faster speeds and lower transaction costs than its already rival, thereby pushing SOL’s price to massive tremendous highs this year. Now, there’s another Ethereum competitor Avalanche, currently seeing a second half of the year with Its native AVAX now worth $115.35. It’s now the ninth-largest cryptocurrency by market capitalization. Read Full on Decrypt.

– eCommerce Firm, Shopify Activates NFTs Minting And Selling On Its platform

Shopify (NYSE: SHOP), which is a popular eCommerce and payment services company is not slowing down on its exposures and exploration in the ever growing cryptocurrency space. Now, The firm is adding services in order to mint and trade collectible tokens, which is also known as non-fungible tokens (NFTs) on its platform. Notably, This information is from a tweet by the company’s CEO, Tobias Lütke. Read Full on Finbold.

– Elektra Now The First Retail Store To Take Bitcoin Payments In Mexico

According to a recent Announcement by One of the largest retail stores in Mexico, Elektra, it will start accepting Bitcoin for purchases. The announcement was passed by the company’s founder and chairman Ricardo Salinas Pliego, in just some moments after the store rebranded the hero image on its website displaying the Bitcoin logo. $15 Billion Store, Elektra allows buyers to shop online on household items, electronics, personal items and others. Read Full on ZyCrypto.

– Adidas Originals Bags $23Million On Concluding Its First NFT Drop

The German sportswear brand Adidas Originals got 5,924 ETH, or $23.5 million, from its teamed up “Into the Metaverse” drop with Bored Ape Yacht Club (BAYC), the non-fungible token (NFT) collector gmoney and then, the crypto-focused media group PUNKS Comic. Since Dec 17, Adidas Originals started its Early Access minting stage, minting 20,000 NFTs for 0.2 ETH, equivalent to $15.5 million and then concluded little after 5pm ET. Read Full on theblockcrypto.
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