Crypto News Cast 📮 18-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1824 B
📊24h Mcap %: -58.28%
⚠️Bitcoin Dom: 40.90%
📌Active Coins: 4527
📍24h Vol %: 28.30%
💲24h Vol: $84 B
Crypto News Updates :
- NFTs Will Overtake Bitcoin’s Market Cap By 100%, According To Gate.io’s Marketing Chief
- The Volatility Of Bitcoin And Ethereum Is Lower Than Some Stocks
- Terra’s UST Overtakes BUSD As The Third Most Valuable Stablecoin
- Bitcoin Average Transaction Fees Hits Lowest Level In Two Years
- Ukrainian Official Says Crypto Is Helping The Country Acquire Military Equipments
- Three African Countries Intend To Use Cryptocurrencies And Blockchain Technology
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– NFTs Will Overtake Bitcoin’s Market Cap By 100%, According To Gate.io’s Marketing Chief
Marie Tatibouet, Gate.io’s chief marketing officer (CMO), spoke on the future of non-fungible tokens and the cryptocurrency industry’s overall growth. Tatibouet emphasized the rise of tokenized collectibles, especially in light of the fact that a big number of new users are already entering the crypto world via NFTs, predicting that NFTs could one day surpass Bitcoin’s market cap by a factor of 100. Read Full on
– The Volatility Of Bitcoin And Ethereum Is Lower Than Some Stocks
According to the most recent data from IntoTheBlock, Bitcoin and Ethereum, the two most popular cryptocurrencies, are less volatile and profitable than some stocks. Analysts at IntoTheBlock developed an automated tool for computing the Sharpe ratio, a metric that aids investors in weighing risks and rewards. The portfolio’s prior performance is used to compute the ratio for proper results.Read Full on U.Today.
– Terra’s UST Overtakes BUSD As The Third Most Valuable Stablecoin
Terra USD (UST), the algorithmic stablecoin created by the Terra (LUNA) blockchain, has surpassed Binance USD (BUSD) to become the market’s third largest stablecoin. UST’s overall market value has increased by 15% in the last 30 days to $17.5 billion as of this writing. After it switched BUSD with a little lower market valuation of $17.46 billion, the statistic now positions UST as the third-largest stablecoin. Read Full on cointelegraph.
– Bitcoin Average Transaction Fees Hits Lowest Level In Two Years
Over nearly two years, the average transaction cost per Bitcoin (BTC) transaction turned completely around to settle at $1.039, a figure last seen in June 2020. According to Blockchain.com data, the average BTC transaction fee fell steadily from an all-time high of $62.788 in April 2021 to an eight-month average of $2 in July 2021. Bitcoin’s average transaction costs peaked in December 2017, at $54.638, before April 2021. Read Full on cointelegraph.
– Ukrainian Official Says Crypto Is Helping The Country Acquire Military Equipments
Mykhailo Fedorov, Ukraine’s vice prime minister and ministry of digital information, posted a photo of what the war-torn country is spending crypto donations on Sunday, captioning it “Crypto For Good.” After Russia invaded Ukraine in late February, Ukraine began collecting cryptocurrency donations almost immediately. Individuals, crypto donations, NFT sales, and DAOs swiftly poured in tens of millions of cashRead Full on Decrypt.
– Three African Countries Intend To Use Cryptocurrencies And Blockchain Technology
Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo are said to be considering using The Open Network’s cryptocurrency and blockchain technologies. Cameroon, on the other hand, is considering releasing a national stablecoin based on the same blockchain network. The DRC is also considering releasing a national stablecoin based on blockchain technology. Read Full on Bitcoin News.
