Crypto News Cast đŽ 14-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1903 B
đ24h Mcap %: Â Â Â Â 3.34%
â ď¸Bitcoin Dom:     42.50%
đActive Coins: Â Â Â 4514
đ24h Vol %: Â Â Â Â Â 4.37%
đ˛24h Vol:        $68 B
Crypto News Updates :
- $4.3 Million In Cryptocurrency Used To Buy Worldâs Largest Cut Diamond
- Bitcoin Network Hash Rate Hits New All-Time High of 248.11 EH/S
- Recent Report Reveals Ethereum Price Voted To Hit $7,609 In 2022
- Propyâs NFT-tied Florida Property Sells For Nearly $650,000
- According To DBS CEO, Retail Customers Crypto Trading Desk May Launch Soon
- Elon Musk Teases The possibility Of Starlink Accepting Dogecoin
- New Missouri State Taxes Bill May Not Include Bitcoin
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â $4.3 Million In Cryptocurrency Used To Buy Worldâs Largest Cut Diamond
Sothebyâs, the worldâs most prestigious auction house for art and luxury, revealed earlier this year that it will hold an auction for a rare 555.55-carat diamond that may be purchased with cryptocurrency. Richard Heart, a social entrepreneur, author, and philanthropist, bought the jewelry for $4.3 million in digital assets during a show in London from February 2 to February 9. The necklace was over 800 carats in its raw state. Read Full on CryptoPotato.
â Bitcoin Network Hash Rate Hits New All-Time High of 248.11 EH/S
The Bitcoin network hash rate has recorded a new all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. The network hash rate jumped 31.69% in just one day â from 188.40 EH/s to 248.11 EH/s. Moreover, the hash rate level of the Bitcoin network has increased by 54.33% over the past year. Read Full on cointelegraph.
â Recent Report Reveals Ethereum Price Voted To Hit $7,609 In 2022
According to a panel of 33 crypto experts assembled by Australian fintech Finder, the price of Ethereum is anticipated to hit $7,609 this year, however it is expected to close the year at around $6,500. In the long run, the panel anticipated that Ethereumâs price would hit US$10,810 by the end of 2025 and US$26,338 by the end of 2030, respectively, a 30 percent and 48 percent drop from the previous projection in October.Read Full on Forkast.
â Propyâs NFT-tied Florida Property Sells For Nearly $650,000
On February 8, Propy, a real estate blockchain startup, sold its first property in the United States. After receiving 3000 potential buyers, the property in Florida was sold for $653,163 or 210 ETH. In a statement, Propy CEO Natalia Karayaneva stated that this is only the first sale in its pipeline, and theyâre seeing a lot of demand. Leslie Alessandra, the founder of the crypto firm DeFi Limited, previously owned the property. Read Full on theblockcrypto.
â According To DBS CEO, Retail Customers Crypto Trading Desk May Launch Soon
After creating an institutional digital asset trading desk in 2021, Singaporeâs DBS bank has announced intentions to operate a retail crypto trading desk before the end of the year. During an earnings call following the release of the bankâs fourth-quarter results on Monday, February 14, CEO Piyush Gupta admitted that there is more work to be done, but the bank expects it to be operational by the end of 2022.Read Full on Finbold.
â Elon Musk Teases The possibility Of Starlink Accepting Dogecoin
Elon Musk, the entrepreneur, has intimated that Starlink, a satellite internet provider may begin accepting Dogecoin. Customers in the farthest reaches of the globe will be able to access high-speed broadband internet via Starlink. After executing dozens of launches, the business presently has almost 2,000 operational satellites. On top of the $499 for the hardware package, the service costs $99 per month.Read Full on U.Today.
â New Missouri State Taxes Bill May Not Include Bitcoin
On Thursday, Missouri State Representative Phil Christofanelli presented legislation to exclude bitcoin from state, county, and local property taxes. If a digital asset is utilized âas a means of exchange, unit of account, or store of valueâ and is not recognized as legal cash in the United States, it is categorized as a âvirtual currency,â according to the bill. The tax exemption would only apply to virtual currency. Read Full on Bitcoin Magazine.