Crypto News Cast 📮 09-01-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1945 B
📊24h Mcap %: 20.23%
⚠️Bitcoin Dom: 40.50%
📌Active Coins: 4483
📍24h Vol %: -0.48%
💲24h Vol: $86 B
Crypto News Updates :
- Nas To Use NFTs And Allow Fans Own Part Of His Music
- In 2022, Bitcoin And Ether Expected To Reach $100K And $5K, Respectively
- A Spanish Lawmaker Proposes That Spain Become A Bitcoin Mining Hotspot
- Polkadot Is Growing Faster Than Ethereum Recorded At Same Points In History
- Former UFC Light-Heavyweight Champion To Invest In Shiba Inu
- PayPal To Go Into Stablecoin After A Developer Discovers It In Code
- Ava Labs And Togg To Develop Smart Contract-based Mobility Services
- JPMorgan Expects More Cryptocurrency Use, Talks On Bitcoin As Store Of Value
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– Nas To Use NFTs And Allow Fans Own Part Of His Music
Nas, the Grammy-winning rapper, will issue nonfungible tokens (NFTs) that will allow fans to own a piece of “Ultra Black” and “Rare,” two of his tracks. Users that buy and hold the NFTs, also known as limited digital assets (LDAs), will receive a share of the streaming royalty ownership based on the token they own. The LDAs will be available for purchase through Royal, the NFT music marketplace. Read Full on cointelegraph.
– In 2022, Bitcoin And Ether Expected To Reach $100K And $5K, Respectively
Despite cryptocurrency markets plummeting to multi-month lows, a Bloomberg analyst predicts that Bitcoin (BTC) and Ether (ETH) will make new all-time highs in 2022. As per a prognosis made in Bloomberg Intelligence analyst Mike McGlone’s latest market study on Thursday, BTC and ETH will reach $100,000 and $5,000, respectively, this year. Also, that BTC, Ether, and stablecoins tethered to the US dollar will continue dominance in 2022. Read Full on cointelegraph.
– A Spanish Lawmaker Proposes That Spain Become A Bitcoin Mining Hotspot
In the wake of protests in Kazakhstan that have harmed the Bitcoin mining business, Maria Munoz, a member of the Congress of Deputies from the center-right Citizens party, has advocated making Spain a safe haven for cryptocurrency investors. She cites the fact that the worldwide hash rate dropped 14% in just two days as a result of the unrest in the world’s second-largest mining hub.Read Full on U.Today.
– Polkadot Is Growing Faster Than Ethereum Recorded At Same Points In History
While Bitcoin ($BTC) and Ethereum ($ETH) demonstrated their supremacy last year, with the flagship cryptos reaching new all-time highs, initiatives like Polkadot gained a lot of traction. To put things in perspective, whereas BTC gained about 25% in the last year, DOT increased by almost 160 percent. Last year, DOT was the asset of choice for institutional clients, including a whole host of banks, hedge funds, and others.Read Full on CryptoGlobe.
– Former UFC Light-Heavyweight Champion To Invest In Shiba Inu
According to the results of a Twitter poll conducted to determine the greatest crypto community, former UFC champion Chuck Liddell has declared that he would invest in Shiba Inu. At this time, the exact amount that the UFC superstar will invest in Shiba Inu is unknown. Users were asked to pick between Shiba Inu, Dogecoin, and Safemoon, another popular cryptocurrency on Binance Smart Chain, in a Twitter poll. Read Full on U.Today.
– PayPal To Go Into Stablecoin After A Developer Discovers It In Code
After a developer spotted text regarding a “PayPal Coin” within its iPhone software, PayPal revealed that it is working on its own stablecoin today. The news was initially reported by Bloomberg. According to Bloomberg, the code was created as part of a hackathon and may not be reflective of the final product. “We’re looking into a stablecoin,” Jose Fernandez da Ponte, Senior VP of Crypto and Digital Currencies, told Bloomberg. Read Full on Decrypt.
– Ava Labs And Togg To Develop Smart Contract-based Mobility Services
Togg, a Turkish EV manufacturer, has established a strategic cooperation with Ava Labs to develop smart contract-based services targeted at boosting autonomous mobility. It integrates several technology and transportation solutions to create vehicles with increased functionality. At the CES 2022 show in Las Vegas, Togg announced his collaboration with Ava Labs, a company dedicated to supporting and growing the Avalanche public blockchain. Read Full on cointelegraph.
– JPMorgan Expects More Cryptocurrency Use, Talks On Bitcoin As Store Of Value
In a letter to clients on Friday, JPMorgan equities research analyst Kenneth Worthington predicted that mainstream investors and companies will embrace bitcoin markets and industries this year. Bitcoin is especially well-designed as a modern store of value, adding that the strong design has contributed to growing confidence in the value. However, Bitcoin still falls short of other reserves of value, such as gold, according to Worthington. Read Full on Coindesk.
