Crypto News Cast 📮 05-01-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2235 B
📊24h Mcap %: -13.21%
⚠️Bitcoin Dom: 39.40%
📌Active Coins: 4483
📍24h Vol %: -11.96%
💲24h Vol: $82 B
Crypto News Updates :
- Max Keiser Identifies Major Reason For Bitcoin’s Potential To Reach $220,000
- The Pilot Version Of China’s Digital Yuan Wallet Available On App Stores
- Major Ethereum Scalability Improvements Are Due, According To A Coinbase Executive
- Third-Largest Bitcoin Whale Tops $21Million In BTC, $46,363 Per Price
- Melania Trump, Former US First Lady Wishes Bitcoin A Happy 13th Birthday
- Peru Introduces Legislation To Regulate Bitcoin And Other Digital Currencies
- Canaan, A Bitcoin Mining Company, Is Expanding Its Presence In Kazakhstan
- Vitalik Buterin, Co-founder Of Ethereum, Praises Tezos And Zcash, Shows Support
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– Max Keiser Identifies Major Reason For Bitcoin’s Potential To Reach $220,000
Bitcoin maximalist Max Keiser predicts that the largest cryptocurrency will hit a far-fetched $220,000 objective this year. The price of the highest coin tends to follow the network’s hashrate, according to Keiser’s previous idea. According to U.Today, Bitcoin’s hashrate hit a new high of 203.5 exahashes on Jan. 2, kicking in the new year in style. Due to a major flight of miners from China, the network’s overall computing capacity decreased late June. Read Full on U.Today.
– The Pilot Version Of China’s Digital Yuan Wallet Available On App Stores
A pilot version of e-CNY, China’s digital yuan mobile wallet, is now available on iOS and Android app stores. According to a tweet from BlockBeats, a local news outlet, individuals in China can now download a version of the software to try out personal wallet opening and administration and e-CNY exchange and circulation services. The People’s Bank of China’s Digital Currency Research Institute, is named as the developer of the e-CNY app. Read Full on theblockcrypto.
– Major Ethereum Scalability Improvements Are Due, According To A Coinbase Executive
Surojit Chatterjee, the Chief Product Officer of Coinbase, is the latest to share his predictions for the crypto sector in 2022, and he predicts huge advancements in Ethereum scalability. Industry leaders, analysts, and investors are predicting what the crypto ecosystem will look like in 2022, and Coinbase’s Surojit Chatterjee believes Ethereum will be at the vanguard of Web3 and the crypto-economy as it scales. Read Full on cointelegraph.
– Third-Largest Bitcoin Whale Tops $21Million In BTC, $46,363 Per Price
After the new year holidays, it looks that the third-largest bitcoin whale is back and has just made the first significant purchase of 2022. According to Bitinfocharts, the third-largest bitcoin address added 456 bitcoins on January 4th, at an average price of $46,363. The purchase is valued at approximately $21 million. This is the entity’s first significant purchase, as it also purchased 6 BTC 55 minutes before the new year began. Read Full on CryptoPotato.
– Melania Trump, Former US First Lady Wishes Bitcoin A Happy 13th Birthday
Melania Trump, the former First Lady of the United States, tweeted about Bitcoin (BTC) shortly after establishing her own non fungible token (NFT) project last month. Melania Trump wished Bitcoin a happy birthday on Monday, when the world’s largest cryptocurrency celebrated its 13th birthday. The former First Lady states that It is commonly believed that Bitcoin’s market cap exceeds $1 trillion. Read Full on cointelegraph.
– Peru Introduces Legislation To Regulate Bitcoin And Other Digital Currencies
The Peruvian Congress has been presented with a bill that seeks to establish a legal framework for the cryptocurrency market. The plenary legislation will now be debated in order to approve it. The document, which can be found on the Peruvian legislature’s official website, addresses a number of key aspects of the country’s expanding ecology. The bill’s objective, as per the legislator, is to regulate businesses providing cryptocurrency services. Read Full on Finbold.
– Canaan, A Bitcoin Mining Company, Is Expanding Its Presence In Kazakhstan
Canaan Inc., a bitcoin (BTC) mining gear maker, is extending its presence in Kazakhstan by forming new strategic collaborations with some crypto mining companies in the nation. As of Dec. 31, 2021, the Nasdaq-listed business had deployed 10,300 AvalonMiner units in Kazakhstan, completing phase one of its deployment in the Central Asian country. As part of its aspirations to expand outside of China, Canaan is cooperating with local businesses. Read Full on cointelegraph.
– Vitalik Buterin, Co-founder Of Ethereum, Praises Tezos And Zcash, Shows Support
Ethereum co-founder Vitalik Buterin recently said that maximalism is “extremely toxic” during an appearance on the “Bankless” podcast. He claims that he is interested in Zcash and Tezos, and that nothing outside the Ethereum ecosystem is boring and illegitimate. Following Ethereum’s plan, Zcash developers announced that the project would convert to the proof-of-stake consensus mechanism. Read Full on U.Today.
