Crypto News Cast đŽ 09-02-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $2023 B
đ24h Mcap %: Â Â Â Â 66.38%
â ď¸Bitcoin Dom:     41.50%
đActive Coins: Â Â Â 4513
đ24h Vol %: Â Â Â Â Â 16.09%
đ˛24h Vol:        $83 B
Crypto News Updates :
- FTX Will Give Away Bitcoin During Itâs Super Bowl Advertisement
- On Polygon, DeFi Project Aave launches a decentralized social media platform
- Binance Teams Up With a K-Pop Icon to Create Eco-Friendly NFTs
- On The Brazilian Stock Exchange, QR Assets Debuts The DeFi ETF
- Wells Fargo â Global Crypto Acceptance May Soon Reach A Tipping Point
- Research Firm Predicts Bitcoin Will Hit $200K In H2 2022
- Bitcoin Will Be Treated As Currency By The Russian Government And Central Bank
- Bitcoin, According To JPMorganâs Recent Predictions Could Reach $150,000
- In 2021, Singapore Recorded 13x Crypto Investments Increase, According To KPMG
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â FTX Will Give Away Bitcoin During Itâs Super Bowl Advertisement
FTX, a cryptocurrency exchange, said on Monday that it will give away free bitcoin during its forthcoming Super Bowl ad on Sunday. FTX will choose four lucky winners, and the quantity of bitcoin given out will be determined by Eastern Standard Time. On Sunday, February 3, during the second half of the upcoming Super Bowl, its commercial will air on NBC. Except for New York residents, the contest is available to all legal U.S. residents over 18yrs. Read Full on Bitcoin Magazine.
â On Polygon, DeFi Project Aave launches a decentralized social media platform
Lens Protocol, a decentralized social networking platform built on the Polygon blockchain, has been introduced by Aave, a decentralized finance (DeFi) platform. The open-source âWeb3, smart contracts-based social graphâ is based on an ecosystem of dynamic non-fungible tokens and is named after lens culinaris, a plant that has a symbiotic interaction with soil microorganisms (NFTs). Read Full on Decrypt.
â Binance Teams Up With a K-Pop Icon to Create Eco-Friendly NFTs
The two organizations will collaborate on a variety of blockchain projects, according to the official blog post. The partnership will focus on the non-fungible tokens area, with Binance providing the NFT platform as well as the necessary technical infrastructure. YG will be in charge of providing NFT material as well as gaming assets. The two companies also plan to develop Binance Smart Chain-based games as part of their strategic relationship. Read Full on CryptoPotato.
â On The Brazilian Stock Exchange, QR Assets Debuts The DeFi ETF
QR Assets, a Brazilian crypto asset management, has established a DeFi ETF, or decentralized finance exchange-traded fund, on the Brazilian Stock Exchange. The DeFi ETF, known as QDFI11, would monitor the Bloomberg DeFi Index and invest entirely in genuine DeFi assets. The ETF would be available through the Gemini Fund Solution, a platform designed exclusively for cryptocurrency exchange-traded funds. Read Full on cointelegraph.
â Wells Fargo â Global Crypto Acceptance May Soon Reach A Tipping Point
The Wells Fargo Investment Institute, a research arm of Wells Fargo Wealth and Investment Management, has produced a paper showcasing the potential of cryptocurrencies as an investment opportunity similar to the internetâs early days. âCryptocurrencies â Too Early or Too Late?â was the topic of a Monday study titled stating that Cryptocurrencies are âviable investments,â according to the banking giant. Read Full on cointelegraph.
â Research Firm Predicts Bitcoin Will Hit $200K In H2 2022
BTC might climb by about 500 percent from its present price point to around $200K per unit, according to the Fundstrat business Fsinsight. Fsinsight and Sean Farrell, the firmâs head of digital asset strategy, came up with the BTC price prediction. Fsinsight and Fundstrat are both bullish on crypto assetsâ upside potential, with Fundstrat Global Advisorsâ head of research recently claiming bitcoin still has âexponential growth ahead of it.â Read Full on Bitcoin News.
â Bitcoin Will Be Treated As Currency By The Russian Government And Central Bank
Russiaâs government and central bank have achieved an agreement on how to regulate cryptocurrencies. The Russian government and central bank are currently working on a draft law that will describe cryptocurrency as a âanalogue of currenciesâ rather than digital financial assets, and it is expected to be released on February 18. This complete identification through the banking system would allow cryptocurrencies function in the legal industry. Read Full on cointelegraph.
â Bitcoin, According To JPMorganâs Recent Predictions Could Reach $150,000
JPMorgan, the worldâs largest bank, predicts that Bitcoin, the most valuable cryptocurrency by market cap, will reach $150,000 in the long run. This is up from the $146,000 goal set last year. Bitcoin would have to match the private sectorâs $2.7 trillion investment in gold to attain the aforementioned goal. The bank also claims that the flagship cryptocurrencyâs fair value is at around $38,000. Read Full on U.Today.
â In 2021, Singapore Recorded 13x Crypto Investments Increase, According To KPMG
According to KPMGâs Pulse of Fintech report, Singapore saw a tenfold growth in crypto-related investments totalling $1.48 billion last year, up from $110 million in 2020. According to the research, the city-state has long been known as a hotbed of cryptocurrency activity, with over $1.48 billion in investment completed just last year. According to KPMG, part of the growth is due to government attempts to promote the stock market Read Full on cointelegraph.