Crypto News Cast 📮 29-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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Crypto News Updates :
- Russian Central Bank Proposes To Permit Stock Exchanges To Trade Digital Assets
- Cryptocurrency Will Be The Only Safe Haven During The Next Economic Downturn
- Edward Snowden Is Among The Six People Who Assisted Launching Zcash
- Riot Bitcoin Mining Company Revealed 1 Gigawatt Expansion Plan In Texas
- The Hash Rate Of Bitcoin Network Sets A New High
- Real-Estate Firm, Jamestown Through BitPay Will Accept Cryptocurrency Payment For Rent
- Panama’s Legislature Has Passed A Bill Targeted At Regulating Cryptocurrency
- United States Banking Giant, Goldman Sachs Offers Its Bitcoin-backed Loan
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– Russian Central Bank Proposes To Permit Stock Exchanges To Trade Digital Assets
During a meeting with exchanges, brokers, and information system operators, the Russian Central Bank recently proposed allowing traditional stock exchanges to operate in the digital asset market. The idea of trading digital assets was backed by exchanges and brokers, who saw it as a way to broaden the range of financial instruments available to them. However, the suggestion was met with skepticism by the information system operators. Read Full on Bitcoin News.
– Cryptocurrency Will Be The Only Safe Haven During The Next Economic Downturn
Cryptocurrencies, according to Pantera Capital founder and CEO Dan Morehead, may be the only safe asset class for investors to turn to during the next economic slump. According to Morehead, crypto markets will show a particular resistance to monetary policy tightening. Crypto assets, unlike bonds, real estate, and stocks, are unlikely to be affected by higher interest rates, according to Morehead.Read Full on The Daily Hodl.
– Edward Snowden Is Among The Six People Who Assisted Launching Zcash
Edward Snowden, the cybersecurity poster boy and government surveillance whistleblower, has revealed that he was instrumental in the development of the privacy coin Zcash (ZEC). In an interview with Zcash Media, Snowden described his role as one of the six people who had a piece of the Zcash multisignature private key when the project was launched on October 23, 2016. Edward Snowden went into hiding in 2013 after revealing US government surveillance practices. Read Full on cointelegraph.
– Riot Bitcoin Mining Company Revealed 1 Gigawatt Expansion Plan In Texas
Riot, a bitcoin miner, revealed plans to grow its mining capacity by up to one gigawatt (GW) in a new facility in Navarro County, Texas, on Wednesday. Riot’s long-term ambition is to reach 1.7 gigawatts of total developed capacity between the new site and the expanding Whinstone project. The project’s first phase will cost $333 million investment between now and the first quarter of 2024 and will generate roughly 270 direct jobs Read Full on theblockcrypto.
– The Hash Rate Of Bitcoin Network Sets A New High
Since last year’s Chinese crypto mining restriction, when it dipped below 70 EH/s, the Bitcoin network hash rate has increased by over 400 percent. On Thursday, the network’s hash rate reached a new high of 258 EH/s before settling at roughly 220 EH/s. The increased number of miners on the blockchain is reflected in the recent growth in the BTC network hash rate. The mining difficulty on the Bitcoin network has also increased, reaching 29.70 trillion. Read Full on cointelegraph.
– Real-Estate Firm, Jamestown Through BitPay Will Accept Cryptocurrency Payment For Rent
Through a new agreement with BitPay, Jamestown, a worldwide, design-focused real estate investment and management organization, announced today that it will accept rent payments in bitcoin. BitPay will act as a middleman between Jamestown and its renters. Jamestown’s real estate assets in the United States, totaling about 26 million square feet, are included in the program, with intentions to expand to the firm’s assets in Europe.Read Full on Real Estate Weekly.
– Panama’s Legislature Has Passed A Bill Targeted At Regulating Cryptocurrency
On Thursday, the Panamanian Legislative Assembly approved a bill governing the usage of cryptocurrencies in the Central American country. According to Congressman Gabriel Silva, who presented the bill, this will help Panama become a Latin American centre for innovation and technology. Last week, the law passed out of the Panamanian Legislative Assembly’s economic affairs committee, and today it received final approval. Read Full on coindesk.
– United States Banking Giant, Goldman Sachs Offers Its Bitcoin-backed Loan
According to a story published by Bloomberg on Thursday, Goldman Sachs, which manages around $2.5 trillion in assets, has launched a Bitcoin-backed loan. According to the report, the borrower was able to acquire a cash loan through a secured lending facility by using Bitcoin as security. With Mike Novogratz’s bitcoin bank Galaxy Digital, Goldman made its first over-the-counter cryptocurrency transaction. Read Full on U.Today.
