Crypto News Cast 📮 22-01-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1598 B
📊24h Mcap %: -199.00%
⚠️Bitcoin Dom: 41.40%
📌Active Coins: 4496
📍24h Vol %: 32.30%
💲24h Vol: $147 B
Crypto News Updates :
- Metaco and IBM Chosen By Philippines UnionBank For Digital Asset Custody Operations
- Bakkt Has Been Chosen As Nexo’s Cryptocurrency Custodian Partner
- Cardano Has Much Bigger Volume Than Ethereum And 500x Lower Costs
- In Dapper Labs’ Sports NFT Suite, UFC Joins The NBA And NFL
- Two Cryptocurrency Trading Platforms Receive License In Laos
- Portugal Records First Physical Bitcoin Store In The Country
- Crypto Start-ups Amass 30x More Money Than Five Years Ago
- On First Collaborative NFT Project, Prada And Adidas Leverage Polygon Blockchain
- As Bitcoin Price Dips $36K, El Salvador Buys More 410 Bitcoins
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
– Metaco and IBM Chosen By Philippines UnionBank For Digital Asset Custody Operations
UnionBank was announced as Metaco’s newest client on Thursday. Metaco is an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets. UnionBank will also use the IBM Cloud to deploy its digital asset management services. UnionBank will be able to improve asset insurability with FIPS 140-2 Level 4 certified rules for managing and migrating keys as a result of the connection. Read Full on cointelegraph.
– Bakkt Has Been Chosen As Nexo’s Cryptocurrency Custodian Partner
Nexo, a bitcoin lending platform, has partnered with Bakkt Holdings, a Nasdaq-listed digital asset firm. As a result, the Bakkt Warehouse will store a portion of Nexo’s Bitcoin and Ethereum assets. Nexo has expressed optimism that this concept could provide users with a better investment shield. The “warm” and “cold” wallets, according to the company, are constructed on a secure wallet architecture with multi-zone physical security. Read Full on CryptoPotato.
– Cardano Has Much Bigger Volume Than Ethereum And 500x Lower Costs
According to a chart tweeted by Cardano Daily on January 20, Cardano had a greater trading volume of $6.5b than its rival Ethereum, which had a volume of $5.8b when adjusted volume was taken into account. ADA had 568 times lower fees than its competition, costing only $76,500 for a total of $6.5b in transactions, but having a higher volume. ETH, on the other hand, charges $38.6m for substantially fewer transactions. Read Full on Finbold.
– In Dapper Labs’ Sports NFT Suite, UFC Joins The NBA And NFL
The Ultimate Fighting Championship (UFC) is diving into non-fungible tokens (NFTs), announcing the creation of UFC Strike, its own NFT marketplace in collaboration with Dapper Labs on Thursday. Dapper Labs is most known for creating the successful NBA Top Shot NFT marketplace, which UFC’s product closely resembles in appearance. The marketplace will offer video NFC “Moments” throughout the league’s history Read Full on coindesk.
– Two Cryptocurrency Trading Platforms Receive License In Laos
According to local media, Laos’ central bank, the Bank of the Lao PDR (BOL), has granted licenses to two enterprises to trade in cryptocurrency. The Lao Digital Assets Exchange (LDX), a joint venture between the AIF Group and the Phongsupthavy Group, is the first permitted platform. Bitqik, a Simuong Group subsidiary, is the second. The two businesses are the only ones in Laos that are licensed and regulated. Read Full on Bitcoin News.
– Portugal Records First Physical Bitcoin Store In The Country
BitBase, a Spanish business, aims to open two stores in Portugal to purchase and sell cryptocurrencies, as well as ATMs for the same reason, according to an ECO report. The real store in Lisbon is set to open on Monday, January 24, and it will have numerous “ATM”-style machines for purchasing bitcoin and seven other cryptocurrencies. The startup confirms this will be the first physical store on cryptocurrencies in the country. Read Full on.
– Crypto Start-ups Amass 30x More Money Than Five Years Ago
The amount of money invested in Web3 by venture capitalists increased year after year from 2012 to 2018. The overall amount of money invested in the cryptosphere by venture capitalists in 2019 was 50% lower than the previous year. The most fast increase occurred in 2021, with a year-over-year increase of more than 360 percent. Paradigm, one of a16z’s competitors, announced the launch of a $2.5 billion fund two months ago. Read Full on U.Today.
– On First Collaborative NFT Project, Prada And Adidas Leverage Polygon Blockchain
According to Adidas’ official Instagram account , Italian luxury fashion business Prada and sportswear behemoth Adidas are collaborating on their first NFT initiative on the Polygon blockchain. Adidas, which had previously stepped into the Metaverse, has teamed up with Prada to create Adidas for Prada Re-Source, a user-generated NFT art initiative. This is a critical milestone to watch, according to Polygon. Read Full on U.Today.
– As Bitcoin Price Dips $36K, El Salvador Buys More 410 Bitcoins
El Salvador, a Central American country, has added 410 Bitcoin (BTC) to its central bank as BTC values fall below $37,000, the lowest point since July 26th, 2021. President Nayib Bukele revealed the latest contribution to El Salvador’s BTC reserve, confirming that 410 BTC were purchased for $15 million, putting the price per BTC at around $36,585. Over the last four months, the country has carefully accumulated 1,801 BTC. Read Full on cointelegraph.
