Crypto News Cast 📮 13-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1906 B
📊24h Mcap %: 38.90%
⚠️Bitcoin Dom: 41.10%
📌Active Coins: 4527
📍24h Vol %: -6.10%
💲24h Vol: $90 B
Crypto News Updates :
- Cardano Whales Holdings In ADA Supply Hits Two-Year High
- India Is A Natural Frontrunner In Web3 Startups, According To Binance CEO
- In Nigeria, The Lack Of Adequate Banking Services Encourages Cryptocurrency Adoption
- To Accept Bitcoin Payments, Ubersmith Partners With Bitpay
- Crypto – Used For Payments, Says 54% Of UAE And Saudi Arabia Respondents
- Ripple Records A Significant Victory In The SEC Case
- Epic Games, Creator Of Fortnite, Gets $2Billion To Fund Metaverse Ambitions
- Pantera Raises $1.3 Billion For Blockchain Fund, Expects To Raise More In 2023
- Binance Invests 100 Million Euros ($108 million) In France
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– Cardano Whales Holdings In ADA Supply Hits Two-Year High
According to on-chain and social metrics platform Santiment, Cardano’s greatest whales, defined as those holding at least 10 million ADA, valued at about $9,534,000, currently hold 46.6 percent of the entire token supply. The graph depicts a huge increase in the Cardano whales’ ADA supply ratio. By comparison, less than 14 months ago, these whales only owned 10.2 percent of the total supply in their wallets. Read Full on Finbold.
– India Is A Natural Frontrunner In Web3 Startups, According To Binance CEO
Binance Founder and CEO Changpeng Zhao said India is a “natural forerunner” in the creation of the next generation of blockchain applications, highlighting the country’s significance in web3 and the metaverse. In terms of how the web3 story will unfold, CZ claims that tokenomics are more flexible and accessible to consumers than web2 equities. Multiple forces, he claims, will determine the level of web3 decentralization.Read Full on CryptoPotato.
– In Nigeria, The Lack Of Adequate Banking Services Encourages Cryptocurrency Adoption
Cryptocurrency usage is soaring in Nigeria, owing to the country’s restricted access to affordable fiat-based financial services. Many Nigerian residents have begun to use cryptocurrencies as a viable alternative to store and transfer assets, according to KuCoin’s “Into the Cryptoverse Report.” A Notable 35 percent of Nigerians aged 18 to 60, or 33.4 million people, owned or traded cryptocurrencies in the previous six months. Read Full on cointelegraph.
– To Accept Bitcoin Payments, Ubersmith Partners With Bitpay
Ubersmith, a cloud-based subscription management platform, has partnered with Bitpay to allow its users to pay with Bitcoin and other cryptocurrencies. BitPay’s acceptance of bitcoin and other cryptocurrencies as payment marks a departure from its parent business, Constellation Software Incorporated, who recently declared that Bitcoin had scalability difficulties. Ubersmith is used by over 100 firms for business transactions. Read Full on Bitcoin Magazine.
– Crypto – Used For Payments, Says 54% Of UAE And Saudi Arabia Respondents
According to Checkout.com’s recent findings, roughly 54 percent of respondents in the UAE and Saudi Arabia think that cryptocurrencies should be used as currency rather than just as an investment asset. Furthermore, Australia, France, Italy, Spain, and the United Kingdom are among the other countries where more than 30% of respondents say cryptocurrency is too complicated. Read Full on Bitcoin News.
– Ripple Records A Significant Victory In The SEC Case
cardanoAfter the presiding judge issued a judgement that one Ripple community lawyer describes as a very huge win for Ripple, Ripple Labs has pushed back against the Securities and Exchange Commission’s (SEC) case. Presiding Judge Sarah Netburn refused the SEC’s request to reconsider the privileged materials relating to a lecture given by the SEC’s then-director William Hinman in June 2018, saying that Bitcoin (BTC) and Ethereum (ETH) are not securities. Read Full on cointelegraph.
– Epic Games, Creator Of Fortnite, Gets $2Billion To Fund Metaverse Ambitions
Fortnite, one of the most popular games in the world, has received an additional $2 billion in funding to help it realize its metaverse goals. Sony Group Corporation and KIRKBI, the family-owned investment firm behind The LEGO Group, each contributed $1 billion to Epic Games. Epic’s new cash will be utilized to flesh out its metaverse vision and support its continuing expansion. Read Full on blockworks.
– Pantera Raises $1.3 Billion For Blockchain Fund, Expects To Raise More In 2023
Pantera Capital, a crypto-focused venture capital firm, revealed today that it has raised $1.3 billion for its Blockchain Fund, which will invest in Web3 firms, early-stage tokens, and digital tokens with established liquidity levels, during an investor call. It has no intention of keeping that money for long. Pantera intends to launch a follow-up to the Blockchain Fund in 2023, followed by a growth-stage fund in 2024. Read Full on Decrypt.
– Binance Invests 100 Million Euros ($108 million) In France
As the crypto exchange behemoth grows its footprint in Europe, Binance has announced a 100 million euro ($108 million) investment in France, as well as a cooperation with Station F, a Paris-based business incubator. Startups will receive support from the BNB Chain, NFT Labs, and Binance Labs teams to help them develop their ideas and future collaborations with Binance partners as part of the agreement. Read Full on theblockcrypto.