Crypto News Cast For December 5th 2021 ?

Crypto News Cast 📮 05-12-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2286 B
📊24h Mcap %: 23.09%
⚠️Bitcoin Dom: 40.70%

📌Active Coins: 6467
📍24h Vol %: -80.20%
💲24h Vol: $128 B

Crypto News Updates :

Asia’s Richest Man, Mukesh Ambani Gives Bullish Statement On Blockchain
SAND Metaverse Token Hits $3Billion In Transactional Volume Within 24Hours
Ethereum Whale Tops Up, Buys Another 28 Billion In SHIB Coins
Celsius CEO Predicts How Bitcoin Can Hit $140K Before Q2 2022
NFT Music Platforms To Help Spotify’s Revenue Cut For Artists In 2022
Michael Saylor Describes Bitcoin As The World’s Reserve Asset
FTX Show Crypto Regulation Proposals Ahead Of US Congressional Hearing

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– Asia’s Richest Man, Mukesh Ambani Gives Bullish Statement On Blockchain

Indian billionaire Mukesh Ambani with a net worth of around $92.6 billion, during the Infinity Forum earlier today, speaks in favour of blockchain. Which is the technology that underpins most cryptocurrencies, as per information by local media reports. Ambani states that there is a notable difference between blockchain and crypto, with the former offering some promising use cases like bringing supply chain transparency and fast transaction. Read Full on U.Today.

– SAND Metaverse Token Hits $3Billion In Transactional Volume Within 24Hours

After a massive 700% growth on the Crypto market, the Sand metaverse token goes through a fast transactional volume increase, reaching almost $3 billion, as per Information by Watcher.Guru. Also, The NFT supporter and celebrity rapper Snoop Dog has built a mansion inside the Sandbox Metaverse. The general rise in the popularity of the token is coming after a fast growth of GameFi and Metaverse. Read Full on U.Today.

– Ethereum Whale Tops Up, Buys Another 28 Billion In SHIB Coins

Ethereum Whale ”Gimli” recently acquired another 28 billion SHIB coins, which is currently worth a staggering $1.1 million as per Information by Whale Stats. This is despite the declines in the Shiba Inu price lately, meanwhile whales or large entities are leveraging on that and accumulating more of the SHIB token. So, The popular whale “Gimli” seems to have a preference for Shiba Inu to the point of accumulating SHIB at every opportunity. Read Full on U.Today.

– Celsius CEO Predicts How Bitcoin Can Hit $140K Before Q2 2022

Alex Mashinsky, CEO of cryptocurrency lending platform Celsius Network has expressly shown his stance that Bitcoin might hit a new high of around $140,000 before April 15th, 2022. While Speaking to Kitco News, Alex Mashinsky goes ahead to point out that the price might go as high as $160,000 resulting in a selling environment as investors aim to cash in, which would result to a drop around the second quarter of next year. Read Full on Finbold.

– NFT Music Platforms To Help Spotify’s Revenue Cut For Artists In 2022

As popular music streaming service Spotify cuts much of musicians’ revenues, the new technologies such as nonfungible tokens (NFT) is now the best possible assistance for artists to grab back their fair share, according to Saxo Bank predictions. Saxo Bank’s “Outrageous Predictions 2022: Revolution,” music creators will leverage on NFT-based streaming platforms while they permit distributing music directly to listeners. Read Full on.

– Michael Saylor Describes Bitcoin As The World’s Reserve Asset

Michael Saylor, the billionaire founder of business intelligence company turned bitcoin hot stock MicroStrategy, while speaking in a CoinDesk TV interview says that bitcoin is the best inflation hedge when compared to the U.S. dollar, However, He doesn’t think it works to buy coffee. Also, He then goes on to describe bitcoin as the world reserve asset whereas the dollar is the world currency. Read Full on Coindesk.

– FTX Show Crypto Regulation Proposals Ahead Of US Congressional Hearing

Bahamian-based cryptocurrency exchange FTX reveals a list of principles and proposals to assist policymakers develop the regulatory framework, which will recommend the market-structure choices by many leading crypto exchanges and then urges its implementation across all jurisdictions. This was after Maxine Waters, the chair of the House Committee on Financial Services, invited several CEOs of major crypto firms for discussion. Read Full on cointelegraph.