Crypto News Cast 📮 15-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1288 B
📊24h Mcap %: 51.12%
⚠️Bitcoin Dom: 44.30%
📌Active Coins: 4536
📍24h Vol %: -6.80%
💲24h Vol: $80 B
Crypto News Updates :
- As Investors Buy The Dip, Cardano Whales Transactions Records Four-month High
- Ukraine’s Digital Transformation Ministry Ratifies Charity NFT Initiative, Aiding Military Operations
- The Bitcoin Network Strengthens As Mining Difficulty Hits New High Of 31.251 Trillion
- XP, Brazil’s Largest Financial Broker, Is Launching A Cryptocurrency Trading Platform
- “The Bitcoin Standard,” Author Says Bitcoin Solves Inflation And Government Monetary Control
- Spain’s Bank Governor Emphasizes The Importance Of Quick DeFi And Crypto Regulation
- Jack Dorsey Points Out The Cause For The Next Bitcoin Price Surge
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– As Investors Buy The Dip, Cardano Whales Transactions Records Four-month High
Cardano whales were the most active since January, when the ADA price bottomed out at $0.40 on May 12. A total of 1,085 transactions valued at more than $100,000 were recorded by ADA. Over the previous five weeks, Cardano whale addresses with 1 to 10 million ADA have added 196 million ADA to their wallets. Normally, Whale buying has historically signaled the biggest price swings in the DeFi asset. Read Full on Finbold.
– Ukraine’s Digital Transformation Ministry Ratifies Charity NFT Initiative, Aiding Military Operations
Mykhailo Fedorov, Ukraine’s Vice Prime Minister and Minister of Digital Transformation, has confirmed his support for Avatars for Ukraine, a non-fungible token (NFT) project that benefits Ukraine’s humanitarian and defense efforts. All earnings from the sale of digital art go to support Ukrainian war efforts. The Ukrainian Ministry of Digital Transformation has approved Avatars for Ukraine, and the first NFT will be released on May 19. Read Full on theblockcrypto.
– The Bitcoin Network Strengthens As Mining Difficulty Hits New High Of 31.251 Trillion
The Bitcoin (BTC) network reached a new mining difficulty all-time high of 31.251 trillion, surpassing the 30-trillion mark for the first time in history, further separating itself from any fears about planned attacks on the blockchain. Mining difficulty protects the Bitcoin ecosystem from network assaults like double-spending, in which bad actors attempt to reverse completed transactions on the Bitcoin blockchain.Read Full on cointelegraph.
– XP, Brazil’s Largest Financial Broker, Is Launching A Cryptocurrency Trading Platform
XP Inc, Brazil’s largest broker, has teamed with Nasdaq to establish the XTAGE digital asset trading platform. It’ll be fully integrated into the XP ecosystem and ready to use by the end of the month. Users will be able to exchange bitcoin and ether, the two most valuable cryptocurrencies by market capitalization. Customers of XP will have immediate access through the firm’s application, and later it will be made available to external investors. Read Full on CryptoPotato.
– “The Bitcoin Standard,” Author Says Bitcoin Solves Inflation And Government Monetary Control
Saifedean Ammous, an Austrian economist and author of “The Bitcoin Standard,” explained the pros and drawbacks of Bitcoin, as well as how difficult the excessive inflation is affecting economies around the world since the asset is currently in a bear market. He believes that a great number of problems in the world are caused by easy money, inflation, and governments having practically unlimited access to people’s wealth, and that Bitcoin will solve these issues. Read Full on Finbold.
– Spain’s Bank Governor Emphasizes The Importance Of Quick DeFi And Crypto Regulation
The governor of the Bank of Spain, Pablo Hernández de Cos, warned that cryptocurrencies and decentralized finance markets must be regulated quickly before they can threaten the financial stability of the economy. The governor advocated for a proactive, forward-thinking regulatory and supervisory approach to the issue, claiming that there may be a balance struck between accepting modern technologies while also limiting their risks. Read Full on Bitcoin News.
– Jack Dorsey Points Out The Cause For The Next Bitcoin Price Surge
Jack Dorsey, a billionaire and famous Bitcoin enthusiast, took to Twitter to explain why he believes the price of Bitcoin will come back again in the future following its recent drastic drops consecutively. Dorsey stated that he is now unconcerned by the Bitcoin price collapse. In the long run, he is certain that BTC will increase again. The fact that more people are able to use BTC is one of the reasons for his optimism. Read Full on U.Today.
