Crypto News Cast For September 20th 2022 ?

Crypto News Cast 📮 20-09-2022

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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: $931 B
📊24h Mcap %: 0.10%
⚠️Bitcoin Dom: 39.20%
📌Active Coins: 12318
📍24h Vol %: -10.20%
💲24h Vol: $70 B

Crypto News Updates :

With Cryptocurrency Adoption Growth, Argentine Inflation Soars To Nearly 80% Year On Year
Jack Daniel’s Submits A Trademark Application For Virtual Drinks
XRP Remains Strong Despite The Bear Market, Tripling Funds Inflows In 1 Week
In Q2, Solana Outperformed Ethereum In Terms Of Daily Transactions
Russian Official Says Bill Will Bring Companies Freedom To Use Crypto Internationally
Solana (SOL) And Ethereum (ETH) Are Now The Most Staked Cryptocurrencies
Australian Senator Proposed A Law For Promoting Cryptocurrency Regulation
Solana, Ethereum Rival Is Ready For Next Bull Run, Macro Expert Raoul Pal Reveals

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– With Cryptocurrency Adoption Growth, Argentine Inflation Soars To Nearly 80% Year On Year

Last week, Argentina’s inflation figures were released, with the interannual Consumer Price Index (CPI) reaching a new high of 78.5%. This places Argentina second only to Venezuela, which had over 100% in Latin America in terms of high inflation, with prices jumping about 8% in August, putting pressure on Argentines’ financial state. According to a Bitso survey, this has prompted Argentines to investigate cryptocurrencies as a means of preserving purchasing power through stablecoins. Read Full on Bitcoin News.

– Jack Daniel’s Submits A Trademark Application For Virtual Drinks

Worldwide whisky brand, Jack Daniel is the most recent company to show interest in the metaverse through three trademark filings. The business specifically applied for the trademarks with the intention of marketing NFT-authenticated media, virtual drinks, apparel, barware, digital wallets, and collectibles in the metaverse. According to the filing, Jack Daniels wants to make computer software available for download that will include information about drinks and clothing. Read Full on Finbold.

– XRP Remains Strong Despite The Bear Market, Tripling Funds Inflows In 1 Week

CoinShares said that XRP has seen a three-fold surge in inflows despite weak fund flows into crypto-focused products due to the Crypto Winter. XRP-focused cryptocurrency products saw a fund inflow of $100,000 the week prior, but this week it was already $300,000. The project is still running strong despite unfavorable market conditions and the ongoing SEC v. Ripple dispute, thanks to authorities’ ambitions to have XRP recognized as a security. Read Full on U.Today.

– In Q2, Solana Outperformed Ethereum In Terms Of Daily Transactions

According to on-chain data from the second quarter of 2022, Solana (SOL) is outpacing Ethereum in terms of users’ daily transactions despite a number of challenges including network disruptions and macroeconomic factors. Solana’s daily transactions climbed steadily throughout the second quarter, reaching almost 40 million daily transactions as opposed to Ethereum’s 1 million daily transactions between April and June. Read Full on cointelegraph.

– Russian Official Says Bill Will Bring Companies Freedom To Use Crypto Internationally

An official from the Russian Finance Ministry claims that a proposed measure may create local infrastructure and enable companies to independently negotiate the use of cryptocurrencies in international trade. According to Ivan Chebeskov, head of the Financial Policy Department at the Finance Ministry, the bill establishes local infrastructure for settlements and mining regulations but leaves many specifics up to firms to figure out on their own. Read Full on cointelegraph.

– Solana (SOL) And Ethereum (ETH) Are Now The Most Staked Cryptocurrencies

Following the successful merger of the Ethereum execution layer and the Beacon Chain consensus layer on September 15, 2022, Ethereum (ETH) tops the list of most staked cryptocurrency asset with 14,545,424 ETH staked. Solana, with a market cap of $12.7 billion, has the second-highest number of staking transactions. Its competitors include Cardano, which has over $11 billion in market capitalization and Binance Smart Chain, which has over $5 billion. Read Full on BeInCrypto.

– Australian Senator Proposed A Law For Promoting Cryptocurrency Regulation

Australian senator and liberal Andrew Bragg published a draft bill to regulate stablecoins, digital asset exchanges, and disclosure rules for the Chinese CBDC, e-Yuan. While he establishes the foundation for cryptocurrency regulation in the nation, Braggs argues that Australia is lagging behind the rest of the world in terms of consumer protection and investment promotion. The new regulations would call for custody service providers, stablecoin issuers, and exchanges of digital assets. Read Full on cryptoslate.

– Solana, Ethereum Rival Is Ready For Next Bull Run, Macro Expert Raoul Pal Reveals

According to macro expert and former Goldman Sachs executive Raoul Pal, one Ethereum (ETH) rival may stand out from the competition in the upcoming bull run for cryptocurrencies by reaping the greatest rewards from rising crypto adoption when the markets eventually rebound. Pal believes that competing layer-1s will perform similarly to Ethereum between 2020 and late 2021. Pal is betting on Solana (SOL) as the closest competitor to watch. Read Full on The Daily Hodl.

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