Crypto News Cast For January 3rd 2022 ?

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crypto news cast january 3rd 2022 ?
Crypto News Cast 📮 03-01-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2238 B
📊24h Mcap %:       -17.15%
⚠️Bitcoin Dom:        39.50%

📌Active Coins:       4481
📍24h Vol %:           12.30%
💲24h Vol:               $82 B

Crypto News Updates :

  • Square Enix Considers Investing in Blockchain Gaming in 2022
  • Ripple Unlocks 1 Billion XRP From Escrow Few Hours Into 2022
  • Bitcoin Hash Rate Hits ATH Of 208M TH/s At The Start Of The New Year
  • El Salvador President Bukele Expects Bitcoin Will Reach $100,000 In 2022
  • Ethereum 2.0 Deposit Contract Taps New All-Time High
  • Samsung Giant Adds NFTs to Its Newly Created Smart TV Platform
  • Cryptocurrency, According To Elon Musk, Corrects The “Money Error”

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– Square Enix Considers Investing in Blockchain Gaming in 2022

Square Enix, one of the world’s best-known gaming companies, plans to invest more in blockchain gaming in 2022 according to its president Yosuke Matsuda. He expounded on the January 1st letter about decentralized gaming, he hopes it becomes a major trend in gaming going forward. In his words “incorporating decentralized games into our portfolio in addition to centralized games will be a major strategic theme for us starting in 2022.” Read Full on theblockcrypto.

– Ripple Unlocks 1 Billion XRP From Escrow Few Hours Into 2022

Data from Whale Alert shows that Ripple released one billion XRP tokens worth a whopping $835,140,718 into circulation on January 1, 2022. The release of tokens were programmed to go into circulation on the first day of each month. In the past few years, 500 million coins were released two different times. The plan was to gradually move 55 billion XRP from escrow. They are called escrow releases and have been made since 2017. Read Full on U.Today.

– Bitcoin Hash Rate Hits ATH Of 208M TH/s At The Start Of The New Year

The computing power on the bitcoin network has surged by a staggering amount due to geographic relocation of miners and new mining equipment. This new year bitcoin hash rate hits a milestone. As per data from on-chain analysist Glassnode, the global hash rate now stands at 208 million TH/s. The previous all-time high of 198.5 million TH/s was reached on Apr. 15, 2021, according to blockchain.com. This indicates that bitcoin has shed the dip in hash rate corresponding to the Chinese multi-stage crackdown on crypto in 2021. Read Full on BeInCrypto.

– El Salvador President Bukele Expects Bitcoin Will Reach $100,000 In 2022

On twitter, El Salvador President Nayib Bukele shared his forecasts on Bitcoin for the year 2022. He forecast that 2 more countries will join El Salvador to adopt Bitcoin as a legal tender in 2022. He believes a bull run that will take the price of BTC to a new high of $100K in the same year. According to Bukele, “Bitcoin City will commence construction” this year, which means the development of a $1B BTC bond-backed virtual city. Along with this development, he predicts an oversubscription of the Volcano bonds. Read Full on cointelegraph.

– Ethereum 2.0 Deposit Contract Taps New All-Time High

According to Glassnode on-chain analytics service, the total value of the deposit in the Ethereum 2.0 Deposit Contract has reached a new all-time high of 8.8 million ETH as the main asset’s retrace down is still in progress. As the chart suggests, the value of the assets invested in the deposit contract has been increasing progressively with almost no spikes up or down. Read Full on U.Today.

– Samsung Giant Adds NFTs to Its Newly Created Smart TV Platform

Colin Wu, a Chinese crypto journalist, provided a link to an Engadget article on his Twitter profile. Samsung, based in South Korea, is said to be unveiling a newly developed “NFT Aggregation Platform” for its smart TVs. According to WU Blockchain’s tweet, Samsung has launched a new “NFT aggregation platform” for smart TVs that allows consumers to browse and purchase NFTs straight from their devices.Read Full on U.Today.

– Cryptocurrency, According To Elon Musk, Corrects The “Money Error”

Elon Musk, CEO of Tesla (NASDAQ: TSLA), says that the current money system is characterized by historical flaws, which cryptocurrencies are seeking to eliminate. Musk remarked on the Lex Fridman podcast that errors are caused by the government’s capacity to interfere with the money supply by issuing too much money, diluting the currency’s value. Musk criticized the centralization of money, claiming that the government will surely abuse its powers.Read Full on Finbold.
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