Crypto News Cast đŽ 01-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1779 B
đ24h Mcap %:Â Â Â Â 32.21%
â ď¸Bitcoin Dom:     41.30%
đActive Coins: Â Â Â 4513
đ24h Vol %:Â Â Â Â Â Â 0.58%
đ˛24h Vol:        $66 B
Crypto News Updates :
- MicroStrategy Will Host Its Second Bitcoin For Business Conference
- The Number Of Ethereum Addresses Holding Over 0.1 ETH Records New High
- According To Peter Brandt, This May Be The Time to Bag Bitcoin
- El Salvadorâs President Forecasts A âMassive Spikeâ In Bitcoin Prices
- Entain, A Sports Betting Company, Is Investing $133Million In The Metaverse
- Solana Wallet Phantom Obtains $109M Via New Funding, Releases iOS App
- After Testnet, Litecoin Finally Releases Its Privacy-Focused MimbleWimble Upgrade
- The Transaction Volume Of Bitcoin Network Exceeds That Of American Express
- India Proposes A 30% Tax On Cryptocurrency And Non-Fiat Currency Revenue
Register at the best leverage exchanges
- BitMEX:Â https://bit.ly/2M74PX9
- Binance:Â https://bit.ly/34urfrJ
- Gemini:Â https://bit.ly/2IiqQDp
- FTXexchange:Â https://bit.ly/2SGhEL5
- Bittrex:Â https://bit.ly/3oSH8mh
- BraveBrowser:Â https://brave.com/nnr477
- BitYard:Â https://bit.ly/34fF7ch
- ByBit:Â https://bit.ly/36JuDQZ
â MicroStrategy Will Host Its Second Bitcoin For Business Conference
MicroStrategy will host a two-day virtual event to educate large corporations on the benefits of having BTC on their balance sheets, as well as other cryptocurrency-related projects. The event will take place from 12:00 to 4:00 p.m. EST on February 1st, and will kick off with a keynote speech from Saylor and Dorsey. Panelists will include Coinbase, the largest US crypto exchange, Fidelity, NYDIG, BitPay, Paxos, and others. Read Full on CryptoPotato.
â The Number Of Ethereum Addresses Holding Over 0.1 ETH Records New High
The number of Ethereum addresses holding more than 0.1 ETH has just achieved a new all-time high, according to data from glassnode, indicating that the network is doing well. The total number of such addresses has now risen to 6.823 million. The rise of decentralized finance (DeFi) and non-fungible tokens has boosted Ethereumâs popularity and use during the last few years (NFTs). The number of these addresses increased dramatically in 2021. Read Full on BeInCrypto.
â According To Peter Brandt, This May Be The Time to Bag Bitcoin
In a recent tweet, veteran trader Peter Brandt said it might be time to buy Bitcoin. Brandt feels that market sentiment has shifted too far to the downside, and that the cryptocurrency will likely rise as a result. One of the most well-known contrarian investing strategies is buying assets when the market is scared. On the weekly chart, he also included a price chart showing Bitcoin forming a descending channel. Read Full on U.Today
â El Salvadorâs President Forecasts A âMassive Spikeâ In Bitcoin Prices
Soon after the International Monetary Fund pushed his government to revoke Bitcoinâs position as legal cash, Salvadoran President Nayib Bukele made another bullish Bitcoin prediction. The report came after a major drop in Bitcoinâs price, losing roughly $10,000 of its value in January. Due to its finite supply of only 21 million digital currencies, Bukele predicted on Twitter that Bitcoin (BTC) will eventually see a âgigantic price spike.â Read Full on cointelegraph.
â Entain, A Sports Betting Company, Is Investing $133Million In The Metaverse
Entain, a worldwide sports betting and gaming corporation, aims to invest $133 million in a global innovation lab focusing on Metaverse entertainment experiences. The company is to fund start-ups, develop apps for non-fungible tokens. Jette Nygaard-Andersen, Entainâs Chief Executive Officer, announced that the companyâs innovation hub will be called Ennovate, and will collaborate with Verizon, BT, and Theta Labs. Read Full on CryptoPotato.
â Solana Wallet Phantom Obtains $109M Via New Funding, Releases iOS App
Phantom, a cryptocurrency wallet that allows users to access the Solana ecosystem, has secured $109 million in a Series B fundraising round, valuing the company at $1.2 billion. Phantomâs funding was led by Paradigm. Andreessen Horowitz (a16z), Variant Fund, Jump Capital, DeFi Alliance, and Solana Ventures were among the existing investors in the round. Phantom has released its iOS app today. Read Full on theblockcrypto.
â After Testnet, Litecoin Finally Releases Its Privacy-Focused MimbleWimble Upgrade
The Litecoin Foundation has announced the impending release of its MimbleWimble update, which focuses on privacy. The MimbleWimble Extension Block (MWEB) contains the integration, which is the result of years of development work by development lead David Burkett. MimbleWimble was first suggested as a way to strengthen the Litecoin network in 2019, with a testnet set to arrive in October 2020. Read Full on BeInCrypto.
â The Transaction Volume Of Bitcoin Network Exceeds That Of American Express
According to new research, the annual transaction volume on the Bitcoin network exceeded that of some well-known card networks in 2021, including American Express (AmEx) and Discover. According to a forecast published by NYDIG Research Weekly on Jan. 29, Bitcoin processed $3 trillion in payments in 2021, putting it above of prominent credit card networks American Express ($1.3 trillion) and Discover ($0.5 trillion). Read Full on cointelegraph.
â India Proposes A 30% Tax On Cryptocurrency And Non-Fiat Currency Revenue
In one of the most notable tech and business-focused federal budgets released by New Delhi on Tuesday, India suggested creating a digital currency by next year. Also, a 30% tax on income from the transfer of virtual digital assets. Indiaâs finance minister, Nirmala Sitharaman, proposed a 1% tax deduction at source on payments made relating to the acquisition of virtual assets to capture data of all crypto transactions. Read Full on TechCrunch.
