Crypto News Cast 📮 04-12-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2259 B
📊24h Mcap %: -268.87%
⚠️Bitcoin Dom: 40.20%
📌Active Coins: 6467
📍24h Vol %: 88.32%
💲24h Vol: $212 B
Crypto News Updates :
- Goldman Sachs And Other Wall Street Banks Considers Bitcoin-Backed Loans
- Data On Bitcoin’s Average Spent Output Lifespan – Investors Confidence For Bitcoin Increases
- During Recent Interview, Gibbs Says The United States Is Already Mining Bitcoin
- Snoop Dogg Reveals Building Mansion Inside The Sandbox Metaverse
- Japan’s Central Bank Is Advised To Fasten It’s Digital Yen Project Issuance
- Iota Is Ready To Release Decentralized Smart Contract Platform
- Academic Research Prefers Ethereum As A Better Store Of Value Than Bitcoin
- Anthony Pompliano Believes Bitcoin Is Still the King Of Crypto Markets
- MercadoLibre Set To Accept BTC And Other Cryptocurrencies As Payment
- El Salvador Bags Additional 150 Bitcoin As BTC Price Crashes
Register at the best leverage exchanges
- BitMEX: https://bit.ly/2M74PX9
- Binance: https://bit.ly/34urfrJ
- Gemini: https://bit.ly/2IiqQDp
- FTXexchange: https://bit.ly/2SGhEL5
- Bittrex: https://bit.ly/3oSH8mh
- BraveBrowser: https://brave.com/nnr477
- BitYard: https://bit.ly/34fF7ch
- ByBit: https://bit.ly/36JuDQZ
– Goldman Sachs And Other Wall Street Banks Considers Bitcoin-Backed Loans
Goldman Sachs and other several Wall Street banks are now considering and exploring ways to do institutional cash loans with bitcoin as collateral according to Information from CoinDesk. Also, The report notes three people familiar with the plans of a group of tier-one U.S. banking institutions are showing interest in the activity. But, most banks would not hold “physical” bitcoin to make the loans, instead resort to synthetic products like futures. Read Full on Bitcoin Magazine.
– Data On Bitcoin’s Average Spent Output Lifespan – Investors Confidence For Bitcoin Increases
The top Cryptocurrency, Bitcoin (BTC) price remained over $56,000 on Thursday and on December 2 it has been trading sideways and it records its seventh unsuccessful attempt to break the $59,000-$60,000 level on December 1. More so, Cryptocurrency traders have uncertainties on the direction Bitcoin will go. However, recent data on Bitcoin’s Average Spent Output Lifespan (ASOL) reveals that confidence may be growing. Read Full on Finbold.
– During Recent Interview, Gibbs Says The United States Is Already Mining Bitcoin
During a Dec 1 interview on Anthony Pompliano’s Best Business Show, Gibbs and Pompliano held discussions about the nation-states which are mining BTC. This was when Pompliano names Venezuala as another nation that was mining digital gold. Also, Gibbs confidently revealed while answering Pompliano’ question that “The United States is already mining…”, then corrected himself and added the word, “maybe”. Read Full on BeInCrypto.
– Snoop Dogg Reveals Building Mansion Inside The Sandbox Metaverse
Snoop Dogg, whose real name is Cozomo de Medici, is popularly known for his support of NFTs. More so, the American rapper, Snoop Dogg is currently building a virtual ”mansion” inside The Sandbox Metaverse, as revealed in a tweet. Notably, anyone could own anything in this virtual world, even build and develop a home. Also, Transactions for properties in these digital realms are spiking and follow the same method in the physical world. Read Full on U.Today.
– Japan’s Central Bank Is Advised To Fasten It’s Digital Yen Project Issuance
Japan’s central bank digital currency (CBDC) project kicked off the experiment in April, however with no particular timeline to issue the digital yen. More so, It is not behind in other countries just like its next-door neighbor South Korea, not planning to release their digital currencies any time soon, except for China. Also, Takayuki Kobayashi, Japan’s first-ever economic security minister urges Japan to fasten the issuance of a digital yen. Read Full on Forkast.
– Iota Is Ready To Release Decentralized Smart Contract Platform
Iota recently announced the launching of decentralized layer-one smart contract network Assembly, also together with ASMB token in order to fasten the expansion of smart contracts across a multitude of sectors like the decentralized finance (DeFi) and nonfungible tokens (NFTs). Also, Assembly will make use of the Iota network’s existing architecture (the directed acyclic graph structure) and operate adjacently as an interoperable. Read Full on cointelegraph.
– Academic Research Prefers Ethereum As A Better Store Of Value Than Bitcoin
Australian university researchers goes out to question Bitcoin’s reputation as the best store of value in cryptocurrency. Then, mentions that Ethereum is on track to become the world’s first deflationary currency. Four Australian researchers discuss how the EIP-1559 upgrade places ETH as a potentially better store of value. The research was co-authored by Ester Félez-Viñas from the University of Technology Sydney, and others. Read Full on cointelegraph.
– Anthony Pompliano Believes Bitcoin Is Still the King Of Crypto Markets
Morgan Creek Digital co-founder Anthony Pompliano still believes that Bitcoin (BTC) is the leading crypto asset, stating that Bitcoin’s influence on the market indicates that it is still the king crypto. This still stands despite big moves by other coins, such as Ethereum (ETH) and Solana (SOL). Pompliano notes that Bitcoin still has a lot of bullish fundamentals despite any downsides during an interview on CNBC’s Squawk Box. Read Full on dailyhodl.
– MercadoLibre Set To Accept BTC And Other Cryptocurrencies As Payment
MercadoPago, the fintech arm of e-commerce giant MercadoLibre now permits its Brazilian customers to buy, sell and hold Bitcoin (BTC), Ether (ETH) and the Paxos-issued U.S. dollar-backed stablecoin Pax Dollar (USDP). According to a statement by the U.S.-based Paxos, the blockchain infrastructure platform used by PayPal and Facebook, the partnership between MercadoPago and Paxos will give users access to pay for products on the platform with cryptocurrency. Read Full on cointelegraph.
– El Salvador Bags Additional 150 Bitcoin As BTC Price Crashes
The Republic of El Salvador has purchased additional 150 Bitcoin (BTC) as the biggest bear market crash hits the entire crypto space since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November. The Salvadoran president Nayib Bukele has announced the purchase of 150 BTC as the market price momentarily slipped below $50,000, when it lost more than 15% in market value. Read Full on cointelegraph.
