Crypto News Cast 📮 05-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2064 B
📊24h Mcap %: -36.24%
⚠️Bitcoin Dom: 42.30%
📌Active Coins: 4525
📍24h Vol %: -4.12%
💲24h Vol: $96 B
Crypto News Updates :
- Mike Tyson’s NFT Collection Is Now Available On Binance
- United Kingdom Has Revealed Plans To Become “Crypto Asset Technology Hub”
- Off-White Accepts Crypto Payments In All Its Flagship Stores
- Bulk Of Respondents Entered Crypto Space In 2021, Marks It The Breakout Year
- Blockscale, Intel’s New Bitcoin Mining Chip Goes Live
- Norway Has About 1% Of The Worldwide BTC Hash Rate
- Ripple Will Develop Standards For Compound NFT Solutions On XRPL Platform
- Adrian Grenier Of Entourage Is Positive On Cryptocurrency
- The US SEC Will Collaborate With The CFTC On Cryptocurrency Rules
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– Mike Tyson’s NFT Collection Is Now Available On Binance
According to a press release, boxing icon Mike Tyson is launching a Mystery Box NFT collection on Binance NFT, the leading global exchange’s NFT marketplace. Tomorrow, April 5, 2022, at 11:00 UTC, the sale will commence. The boxing star and his staff will collaborate with the premier NFT platform to provide access to the massive library of 15,000 NFTs to people all over the world. Read Full on cryptonews.
– United Kingdom Has Revealed Plans To Become “Crypto Asset Technology Hub”
The UK stated today that it will become a global crypto asset technology powerhouse. Stablecoins are being brought within legislation in order to be used as a recognized form of payment in the United Kingdom. Additional initiatives include the government collaborating with the Royal Mint, which produces the UK’s coins, to create an NFT that will serve as a “emblem” of the government’s forward-looking attitude. Read Full on Decrypt.
– Off-White Accepts Crypto Payments In All Its Flagship Stores
Off-White, a high-end fashion label, has began taking bitcoin purchases at its flagship stores in Paris, Milan, and London, according to Vogue Business. Off-White, which had a revenue of $7 billion last year, announced that it will now accept bitcoin, ether, binance coin, XRP, tether, and Circle’s USDC in return for garments and apparel. According to reports, Off-White will employ Berlin-based payments company Lunu to allow digital payments. Read Full on blockworks.
– Bulk Of Respondents Entered Crypto Space In 2021, Marks It The Breakout Year
The year 2021 was a watershed moment for the cryptocurrency market, not only because its market cap had surpassed $3 trillion. According to a recent study, this was also the time when the majority of new users entered the space. According to the 2022 Global State of Crypto study released on April 4 by the cryptocurrency exchange Gemini, 41% of crypto owners worldwide bought their first cryptocurrency in 2021. Read Full on Finbold.
– Blockscale, Intel’s New Bitcoin Mining Chip Goes Live
According to a press release given to Bitcoin Magazine, Intel today released specifics for its new bitcoin mining chip, the Intel Blockscale ASIC, which aims to improve the energy efficiency of Proof-of-Work (PoW) mining through the company’s decades of research and development in related areas. Intel will offer only the ASIC chip to its customers, rather than a complete ASIC mining equipment as is now the norm in the market. Read Full on Bitcoin Magazine.
– Norway Has About 1% Of The Worldwide BTC Hash Rate
In Norway, Bitcoin (BTC) mining is entirely renewable. Norway generates nearly 1% of the global hash rate and is almost entirely fueled by hydroelectricity. The analysis indicates that Norway provides 0.77 percent of the total worldwide hash rate of Bitcoin, based on data from the Cambridge Bitcoin Electricity Consumption Index and a map of mining infrastructure. Norway’s population of 5 million people contributes a tenth of that. Read Full on cointelegraph.
– Ripple Will Develop Standards For Compound NFT Solutions On XRPL Platform
Last year, Ripple suggested the XLS-20 standard, which would allow the XRP Ledger to provide a native NFT type and a pleasant NFT experience. On the XRPL platform, the new XLS-20 standard aims to help developers create more complex and innovative NFT apps. In September 2021, Ripple launched the Creator Fund, which will invest $250 million to help inventors get started with their NFTs. Read Full on U.Today.
– Adrian Grenier Of Entourage Is Positive On Cryptocurrency
Cryptocurrencies, according to Adrian Grenier, an American actor best known for his portrayal as Vincent Chase in the TV series “Entourage,” can “repair a lot of the institutions that are now dysfunctional.” He also defended bitcoin mining, which has been criticized by many for its environmental impact. Last summer, the actor predicted that bitcoin would eventually supplant fiat currencies such as the US dollar.Read Full on CryptoPotato.
– The US SEC Will Collaborate With The CFTC On Cryptocurrency Rules
Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), repeated the agency’s plans to increase regulatory control of the cryptocurrency market in order to safeguard investors from fraud. He also stated that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will collaborate to oversee the activities of digital asset trading venues. Read Full on CryptoPotato.
