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Crypto News Cast đŽ 02-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $2155 B
đ24h Mcap %: Â Â Â Â 12.66%
â ď¸Bitcoin Dom:     40.90%
đActive Coins: Â Â Â 4524
đ24h Vol %: Â Â Â Â Â -25.50%
đ˛24h Vol:        $113 B
Crypto News Updates :
- Mike Novogratz Expects Cryptocurrency Prices To Rise âSignificantlyâ By 2022
- For The First Time, Cardano-based Smart Contracts Surpassed The 2,000 Mark
- BitPay Now Accepts Shiba Inu And Dogecoin At Vancouver-based Meat Company
- Only 2 Million Bitcoins Remain As Bitcoin Reaches The 19 Million Mark
- Citi Estimates That The Metaverse Space May Be Worth $13 Trillion
- Solana Transacts $1.5 Billion In NFTs Transactions
- Snoop Dogg, The Celebrity Rapper, Will Launch NFT Collection On Cardano
- Goldman Sachs Will Begin Offering Cryptocurrency Services To High-net-worth Clients
- According To VanEck, Bitcoin May Reach $4.8 Million If It Replaces Fiat
- IMF Worries Russian Sanctions Could Increase Crypto Adoption And Weaken Dollarâs Dominance
- The 64th Annual Grammy Awards Named Binance As The Official Crypto Sponsor
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â Mike Novogratz Expects Cryptocurrency Prices To Rise âSignificantlyâ By 2022
Galaxy Digital CEO Mike Novogratz remarked on a recent earnings call that it wouldnât surprise him if cryptocurrencies traded âsubstantiallyâ higher by the end of the year. According to the billionaire, he has become more âconstructiveâ than he was in early 2022. Growing adoption is the essential catalyst for the next prospective surge. According to the bitcoin tycoon, there is a lot of innovation going on in areas like the metaverse. Read Full on U.Today.
â For The First Time, Cardano-based Smart Contracts Surpassed The 2,000 Mark
The Cardano (ADA) network underwent a major update, which included the addition of smart contract functionality. Plutus (a Cardano-based smart contract platform) has seen a large increase as a result of the upgrade. According to Cardano Blockchain Insights, the number of Plutus Scripts climbed by 489 between March 28 and March 30, to 1,671 and 2,160, respectively, showing that the total number of smart contracts on Cardano has just surpassed 2,000. Read Full on Finbold.
â BitPay Now Accepts Shiba Inu And Dogecoin At Vancouver-based Meat Company
Shiba Inu, Dogecoin, and other BitPay-supported cryptocurrencies are now accepted as payment by Vancouver-based meatmeCA. BitPay has been integrated into the checkout of the Vancouver-based meat startup that connects consumers with local producers and allows them to order meat products online. BitPay began supporting the Shiba Inu Coin in late 2021, allowing SHIB to be used at hundreds of BitPay merchants that accept Shiba Inu. Read Full on U.Today.
â Only 2 Million Bitcoins Remain As Bitcoin Reaches The 19 Million Mark
On Friday, the 19th millionth Bitcoin (BTC) was mined, marking a watershed moment for the worldâs most popular cryptocurrency. Nineteen million Bitcoin are presently in circulation, with just 2 million Bitcoin yet to be issued (or mined) until about the year 2140. The 19 millionth Bitcoin was mined by SBI Crypto and entered circulation in block 730002. For the trouble of transaction fees and block reward, SBI Crypto got 6.32 BTC, or almost $293,000. Read Full on cointelegraph.
â Citi Estimates That The Metaverse Space May Be Worth $13 Trillion
According to Citi, the metaverse economyâs overall market might expand to between $8 trillion and $13 trillion by 2030. Furthermore, the global bank estimates that there could be as many as five billion metaverse users. The worldâs largest bank has more than 200m customers and operates in more than 160 countries and territories. âMetaverse and Money: Decrypting the Futureâ is the title of a new Citi Global Perspectives & Solutions (Citi GPS) report. Read Full on Bitcoin News.
â Solana Transacts $1.5 Billion In NFTs Transactions
As per data supplied by NFT data portal CryptoSlam, total transaction volume for Solana-based non-fungible tokens has surpassed $1.5 billion. Solana was able to reach the new milestone only a few months after breaking the $1 billion mark. With 314,910 buyers and 260,844 sellers, NFTs issued on Solana have created almost two million transactions. According to CryptoSlam data, Solana has witnessed a 55.34 percent spike in NFT sales in the last week. Read Full on U.Today.
â Snoop Dogg, The Celebrity Rapper, Will Launch NFT Collection On Cardano
Snoop Dogg, an American rapper, has taken another step further in his cryptocurrency journey, this time betting on Cardano. Snoop Dogg, who has been involved in the NFT field since last year, has become a household brand thanks to his unwavering support and his multimillion-dollar collections, the most of which are held on Ethereum. Now, for his next entry into the NFT market, the rapper is focusing on Cardano. Read Full on Bitcoinist.com.
â Goldman Sachs Will Begin Offering Cryptocurrency Services To High-net-worth Clients
As cryptocurrencies recapture the $2 trillion market size, investor interest in the emergent asset class continues to grow, prompting large financial institutions like Goldman Sachs to begin offering them as investment vehicles to its clients. In the second quarter of 2022, the global banking behemoth expects to begin delivering its first investment vehicles for Bitcoin (BTC) and other cryptocurrencies to its clients.Read Full on Finbold.
â According To VanEck, Bitcoin May Reach $4.8 Million If It Replaces Fiat
In a blog post published on Wednesday, VanEckâs Head of Active EM Debt Eric Fine and Chief Economist Natalia Gurushina established a price target of $4.8 million for Bitcoin if it became the global reserve asset. The team arrived at the $4.8 million figure by dividing the world money supply by 21 million, the entire number of Bitcoins that will ever exist, according to the report. Read Full on Crypto Briefing.
â IMF Worries Russian Sanctions Could Increase Crypto Adoption And Weaken Dollarâs Dominance
Financial penalties placed on the invading country could have far-reaching implications on currencies, according to a top International Monetary Fund (IMF) official. The current situation, according to Gita Gopinath, the IMFâs first deputy managing director, might boost the adoption of currencies other than the US dollar around the world, including cryptocurrencies ranging from stablecoins to central bank digital currencies. Read Full on Finbold.
â The 64th Annual Grammy Awards Named Binance As The Official Crypto Sponsor
Binance, the worldâs largest cryptocurrency exchange, has been named the official crypto partner of the Recording Academy, which organizes the Grammy Awards. The exchange will also be able to âbring Web3 technology solutionsâ to the Royal Academyâs activities as a result of the agreement. While there are no concrete specifics on the partnership, Binance hinted that it could extend beyond the Grammy Awards. Read Full on CryptoPotato.