Crypto News Cast For April 10th 2022 ?

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crypto news cast april 10th 2022 ?
Crypto News Cast 📮 10-04-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $2002 B
📊24h Mcap %:        29.10%
⚠️Bitcoin Dom:        40.90%

📌Active Coins:       4525
📍24h Vol %:          -10.26%
💲24h Vol:               $54 B

Crypto News Updates :

  • Before The Network Merge, Ethereum’s Hashrate Reaches An All-Time High
  • Near Protocol Is Preparing To Introduce USN, A Stablecoin
  • CBS’s 60 Minutes Will Run A Segment About El Salvador’s 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 World’s First NFT

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– Before The Network Merge, Ethereum’s Hashrate Reaches An All-Time High

The network’s hashrate reached an all-time high (ATH) on April 7, 2022, as the Ethereum community prepares for The Merge and the protocol’s move to a complete proof-of-stake (PoS) system. Ethereum’s hashrate hit a new high of 1.131 petahash per second (PH/s) on Thursday, up 13% in 89 days. Ethereum’s daily mining earnings have recently surpassed Bitcoin’s 24-hour mining rewards. Read Full on Bitcoin News.

– 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.

– CBS’s 60 Minutes Will Run A Segment About El Salvador’s Bitcoin Beach

A new episode of CBS’s 60 Minutes, which has been airing since 1968, will showcase El Salvador’s 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 Minutes’ Twitter account. Read Full on cointelegraph.

– Bank Of America Strategist Predicts Recession Shock, Believes Cryptocurrency Will Outperform Bonds

In a weekly financial letter to clients, Bank of America’s (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, Hartnett’s memo to clients on Friday also stated that commodities, cash, and cryptocurrencies may beat bonds and stocks. Read Full on Bitcoin News.

– Australians Can Now Purchase Automobiles Using Cryptocurrency In The Country

One of Australia’s 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.

– 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.

– 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 “fact” 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.

– AC Milan and BitMEX Teamed Up To Launch The World’s 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 Milan’s 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.
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