Crypto News Cast đŽ 10-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $2002 B
đ24h Mcap %: Â Â Â Â 29.10%
â ď¸Bitcoin Dom:     40.90%
đActive Coins: Â Â Â 4525
đ24h Vol %: Â Â Â Â Â -10.26%
đ˛24h Vol:        $54 B
Crypto News Updates :
- Before The Network Merge, Ethereumâs Hashrate Reaches An All-Time High
- Near Protocol Is Preparing To Introduce USN, A Stablecoin
- CBSâs 60 Minutes Will Run A Segment About El Salvadorâs Bitcoin Beach
- Bank Of America Strategist Predicts Recession Shock, Believes Cryptocurrency Will Outperform Bonds
- Australians Can Now Purchase Automobiles Using Cryptocurrency In The Country
- Former SoftBank CEO Invests 10% Of His Net Worth In Bitcoin
- The Namibian Central Bank Has Announced Its Intention To Launch A CBDC
- AC Milan and BitMEX Teamed Up To Launch The Worldâs First NFT
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â Before The Network Merge, Ethereumâs Hashrate Reaches An All-Time High
The networkâs hashrate reached an all-time high (ATH) on April 7, 2022, as the Ethereum community prepares for The Merge and the protocolâs move to a complete proof-of-stake (PoS) system. Ethereumâs hashrate hit a new high of 1.131 petahash per second (PH/s) on Thursday, up 13% in 89 days. Ethereumâs daily mining earnings have recently surpassed Bitcoinâs 24-hour mining rewards. Read Full on Bitcoin News.
â Near Protocol Is Preparing To Introduce USN, A Stablecoin
According to two sources acquainted with the matter, Near Protocol is planning to launch its own stablecoin named USN. The stablecoin is on the way, according to one source, but no date has been provided internally so yet. The stablecoin rumors began when Zoran Kole, the founder of Zorax Capital, said in a Substack article that Near Protocol will be introducing a stablecoin with a 20% dividend. Read Full on theblockcrypto.
â CBSâs 60 Minutes Will Run A Segment About El Salvadorâs Bitcoin Beach
A new episode of CBSâs 60 Minutes, which has been airing since 1968, will showcase El Salvadorâs Bitcoin Beach today. The investigative news show will run a feature on the crypto-friendly town of El Zonte, a village in El Salvador, where residents and visitors have been able to use Bitcoin (BTC) to pay for everything from energy bills to tacos, according to a Friday post from 60 Minutesâ Twitter account. Read Full on cointelegraph.
â Bank Of America Strategist Predicts Recession Shock, Believes Cryptocurrency Will Outperform Bonds
In a weekly financial letter to clients, Bank of Americaâs (BOFA) senior investment strategist Michael Hartnett predicted that the US economy would enter a recession. Inflation in the United States has recently exploded, prompting the Federal Reserve to intervene and handle the situation. According to Reuters columnist Julien Ponthus, Hartnettâs memo to clients on Friday also stated that commodities, cash, and cryptocurrencies may beat bonds and stocks. Read Full on Bitcoin News.
â Australians Can Now Purchase Automobiles Using Cryptocurrency In The Country
One of Australiaâs top crypto exchanges in terms of total users has recently partnered with a local retailer inorder to allow people to buy luxury cars with cryptocurrency. Customers of Melbourne-based vehicle shop Dutton Garage can now make purchases in up to 30 cryptos, including bitcoin, according to a partnership struck between the two companies on Friday, according to a statement. Read Full on blockworks.
â Former SoftBank CEO Invests 10% Of His Net Worth In Bitcoin
Marcelo Claure, the former CEO of SoftBank, claims that Bitcoin currently accounts for 10% of his total holdings (BTC). Claure argues that governmental monetary policies have contributed to inflation around the world during a panel discussion at the Bitcoin 2022 Conference. Fears of an impending recession prompted him to boost his BTC holdings by 80-90 percent, he claims. Currently, Bitcoin was trading even for the day at $43,411.96. Read Full on dailyhodl.
â The Namibian Central Bank Has Announced Its Intention To Launch A CBDC
Johannes Gawaxab, the governor of the Bank of Namibia (BON), recently revealed that the central bank is going to introduce a CBDC. He stated that the BON has begun examining CBDCs, which he describes as a âfactâ that cannot be disregarded. Gawaxab implied in comments reported by Namibia Daily News that rising interest in privately created cryptos may have compelled the central bank to act. Read Full on Bitcoin News.
â AC Milan and BitMEX Teamed Up To Launch The Worldâs First NFT
BitMEX, a cryptocurrency exchange that focuses on derivatives, has teamed up with AC Milan to issue limited-edition non-fungible tokens (NFTs). The earnings will go to the non-profit organization Fondazione Milan. The latest effort is AC Milanâs first-ever NFT endeavour, as the European soccer superpower looks for new ways to communicate with its global audience of over 500 million people. Read Full on CryptoPotato.