Crypto News Cast 📮 23-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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Crypto News Updates :
- Buy Bitcoin, Don’t Sell, Says Mexico’s Third Richest Billionaire
- UK Law Firm, Gunnercooke Announced That It Now Accepts Cryptocurrency Payments
- Russian Finance Ministry Presents A Proposal For Bitcoin Regulation
- According To Research, Cardano Is 47,000 Times More Energy Efficient Than Bitcoin
- El Salvador’s Tourism Records 30% Increase After Bitcoin’s Adoption, Says Minister
- Coinbase Has Now Integrated Support For Ledger Hardware Wallets
- Brazil Makes First Move Towards Regulating Bitcoin With New Bill Proposal
- Investors Asked To help Persuade SEC To Approve Grayscale’s Bitcoin Spot ETF
- Puma Registers ENS Domain And Modifies Twitter Handle To Puma.eth
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– Buy Bitcoin, Don’t Sell, Says Mexico’s Third Richest Billionaire
Ricardo Salinas Pliego, Mexico’s third-richest billionaire, offered some bitcoin trading advice on Saturday. Salinas is the founder and chairman of Grupo Salinas, a conglomerate with businesses in telecommunications, media, finance, and retail. The billionaire advised his Twitter followers on Saturday to buy bitcoin and keep purchasing while the price is still cheap, and to avoid selling. Read Full on Bitcoin News.
– UK Law Firm, Gunnercooke Announced That It Now Accepts Cryptocurrency Payments
According to a source, Gunnercooke, a commercial law firm based in the United Kingdom, has become the latest practice to accept cryptocurrencies as payment for services. The firm also claims to be one of the first big legal firms in the United Kingdom to offer clients payment options. Gunnercooke would now direct any such payments through Coinpass, a registered cryptocurrency exchange platform, according to a Law Society Gazette report.Read Full on Bitcoin News.
– Russian Finance Ministry Presents A Proposal For Bitcoin Regulation
A draft of cryptocurrency rules has been submitted to the Russian government by the Finance Ministry. The Finance Ministry stated that the idea would allow Russians to invest in assets like Bitcoin but not yet make transactions with them. For quite some time, the Russian government and central bank have been debating cryptocurrency. The Finance Ministry claimed it would be “essential” to allow cryptocurrency technology to thrive. Read Full on Decrypt.
– According To Research, Cardano Is 47,000 Times More Energy Efficient Than Bitcoin
Cardano (ADA), the largest Proof-of-Stake (PoS) asset, is 47,200 times more energy-efficient than Bitcoin, the flagship Proof-of-Work (PoW) cryptocurrency. Notably, According to figures given by Cardano Blockchain Insights, the energy usage of the Whole Network TWh for Cardano is 0.00277429, while Bitcoin uses 131.0 TWh per year. Which is more than entire countries like Ukraine and Norway Read Full on Finbold.
– El Salvador’s Tourism Records 30% Increase After Bitcoin’s Adoption, Says Minister
El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has resulted in a significant increase in the country’s GDP as well as tourism development. According to Salvadoran Tourism Minister Morena Valdez, The Tourism Industry in El Salvador has grown by more than 30% since the enactment of the Bitcoin law in September 2021, hitting 1.4 million visitors instead of 1.1 million. Read Full on cointelegraph.
– Coinbase Has Now Integrated Support For Ledger Hardware Wallets
Coinbase, the largest cryptocurrency exchange by trading volume in the United States, has announced support for Ledger, a popular crypto hardware wallet. The Coinbase wallet browser extension now includes a Ledger wallet connection, offering users with an extra degree of security. Hardware wallets are physical devices that are designed to store users’ private keys offline rather than online, given by centralized institutions like exchanges. Read Full on Decrypt.
– Brazil Makes First Move Towards Regulating Bitcoin With New Bill Proposal
According to an official statement, the Brazilian Senate’s Economic Affairs Committee (CAE) passed a bill on Tuesday to recognize and regulate the country’s Bitcoin and cryptocurrency exchanges. CAE unanimously approves PL 3825/19, a law introduced by Senator Flavio Arns in 2019 but prepared in collaboration with the central bank, securities exchange commission (CVM), and federal tax authorities (RFB). Read Full on Bitcoin Magazine.
– Investors Asked To help Persuade SEC To Approve Grayscale’s Bitcoin Spot ETF
Grayscale Investments launched a campaign on Tuesday to inform and encourage American investors to submit comments on its application to the SEC to convert Grayscale Bitcoin Trust (OTCQX: GBTC) to a spot bitcoin ETF. NYSE Arca, the exchange that would list and trade shares of the new bitcoin ETF if it is authorized, filed the application on Oct. 19. Grayscale’s application was given a lengthier term of consideration by the SEC on Dec. 15. Read Full on Bitcoin News.
– Puma Registers ENS Domain And Modifies Twitter Handle To Puma.eth
Puma is the latest brand to buy a decentralized URL and announce its nonfungible currency, or NFT, by changing their Twitter handle to Puma.eth. The Ethereum Name Service, or ENS, was used to register the domain name by the German sportswear company. Cool Cats NFT, Lazy Lions, Gutter Cat Gang, and CatBlox are just a few of Puma’s feline-inspired NFT collections. Puma is currently in 13th place on the.eth Leaderboard.Read Full on cointelegraph.
