Crypto News Cast For October 4th 2022 ?

Crypto News Cast 📮 04-10-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap: $961 B
📊24h Mcap %: 15.37%
⚠️Bitcoin Dom: 40.00%
📌Active Coins: 12538

📍24h Vol %: 1.04%
💲24h Vol: $57 B

Crypto News Updates :

As Bitcoin Balance Reaches An All-time High, NYDIG Raises $720 Million
Citi Claims Centralized Crypto Exchanges Are Losing Market Share To Decentralized Crypto Exchanges
The Capacity Of The Bitcoin Lightning Network Reaches 5,000 BTC Milestone
Bitcoin And Ethereum Whales Moves Huge Crypto Worth About $133,000,000
Japanese Government Digital Transformation Investments Will Include Metaverse And NFTs
Cryptocurrency Exchange Binance Opens Two New Offices In Brazil
Solana NFT Sales Increased By 77% In September Despite A Weak Quarter

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– As Bitcoin Balance Reaches An All-time High, NYDIG Raises $720 Million

NYDIG’s Bitcoin holdings have increased by approximately 100% year over year, while the company’s revenue has increased by 130% through Q2 and will climb again when Q3’s books are closed. Despite Bitcoin’s continued decline throughout 2022, the business holds onto its bitcoins more than ever. The organization has raised $720 million for its institutional Bitcoin fund, according to an amended SEC filing. The financing was funded by 59 investors, who each gave an average of more than $12 million. Read Full on cointelegraph.

– Citi Claims Centralized Crypto Exchanges Are Losing Market Share To Decentralized Crypto Exchanges

In a research report, Citigroup said that over the previous two years, decentralized cryptocurrency exchanges (DEXs) had developed more quickly than centralized exchanges (CEXs). Users leaving centralized systems to escape their more onerous know-your-customer procedures is expected to increase the divide. Citi stated that these exchanges have relatively lower fees after the trading rewards are taken into account.Read Full on coindesk.

– The Capacity Of The Bitcoin Lightning Network Reaches 5,000 BTC Milestone

The Lightning Network, the layer-2 payments system for Bitcoin (BTC), is still thriving in spite of macroeconomic headwinds and sluggish price movement. The 5,000 BTC ($96 million) milestone capacity for the Bitcoin Lightning Network has been reached. In practice, as long as Bitcoiners continue to support the network’s expansion, more and more Bitcoin is being introduced to Lightning Network payment channels globally. Read Full on cointelegraph.

– Bitcoin And Ethereum Whales Moves Huge Crypto Worth About $133,000,000

Several nine-figure transactions have been seen on the blockchain this week, which indicates that crypto whales are moving enormous amounts of currency around. One mysterious Bitcoin whale transmitted 6,980 BTC to an unidentified wallet in the wee hours of Monday, according to blockchain tracking firm Whale Alert. The sender only had to pay a charge of $0.07 for the transfer, which had a startling value of $133,839,478. Read Full on The Daily Hodl.

– Japanese Government Digital Transformation Investments Will Include Metaverse And NFTs

The Japanese government would work to promote Web3 services, particularly those involving non-fungible tokens, or NFTs, and the Metaverse, according to Fumio Kishida, the country’s prime minister since 2021. He also made reference to digitizing national identification cards. The cabinet would “support efforts to extend the usage of Web 3.0 services that leverage the metaverse and NFTs,” the prime minister added. Read Full on cointelegraph.

– Cryptocurrency Exchange Binance Opens Two New Offices In Brazil

Binance,a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets. Binance, a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets. Read Full on theblock.

– Solana NFT Sales Increased By 77% In September Despite A Weak Quarter

Despite a substantial drop in the total volume of NFT trading in the third quarter, non-fungible token (NFT) sales on Solana soared in September. Solana NFT sellers made more than US$126 million in September, a 77% rise from the previous month. The increase in Solana’s September NFT sales coincides with a drop in total sales of unique assets for the sixth straight month, which marked the lowest monthly sales since July 2021. Read Full on Forkast.