Crypto News Cast 📮 22-03-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1929 B
📊24h Mcap %: 49.20%
⚠️Bitcoin Dom: 42.00%
📌Active Coins: 4522
📍24h Vol %: 10.31%
💲24h Vol: $102 B
Crypto News Updates :
- In 2021, The Number Of Crypto Users In Africa Increased By 2,500%
- Elrond Forms Partnership With Over 200 Countries To Gain Access To Markets
- With The Addition Of Australian Branch, FTX Now Has More Global Presence
- Goldman Sachs Is The First Major US Bank To Trade OTC Cryptocurrency Transaction
- Naomi Osaka, A Tennis Star, Is The Newest Athlete Ambassador For FTX
- Paris Saint-Germain F.C. Files A Trademark Application For NFTs And The Metaverse
- VC Investments In Crypto Have Increased Five-fold In A Year
- Dave, Mobile Banking App Secures $100million Investment From FTX US
- Cardano Has 4x Larger Transaction Volume Than Bitcoin Within Last 24hours
- Recent Tax Proposal In India Could Place Cryptocurrencies As Goods And Services
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– In 2021, The Number Of Crypto Users In Africa Increased By 2,500%
Despite socioeconomic obstacles and hurdles, cryptocurrency usage in Africa is on the rise. Crypto transactions climbed by up to 2,670 percent in 2022, according to a bullish report by cryptocurrency exchange KuCoin. The steep influx connects to the low values reported in prior times, which represents an astonishing growth tendency. Africa accounts for approximately 2.8 percent of worldwide crypto transaction volumes. Read Full on cointelegraph.
– Elrond Forms Partnership With Over 200 Countries To Gain Access To Markets
Elrond CEO Beniamin Mincu used Twitter to announce the company’s strategic relationship with MEXC Global, a Singapore-based cryptocurrency exchange. MEXC Global will provide direction, finance, and access to new markets to initiatives in the Elrond Network ecosystem in over 200 countries. Elrond Network purchased Twispay, a Romanian payments startup that issues electronic money, earlier this month. Read Full on U.Today.
– With The Addition Of Australian Branch, FTX Now Has More Global Presence
The exchange’s new subsidiary will be based in Sydney, Australia’s financial capital. FTX Australia has acquired regulatory certification from the Australian regulators and will provide investors with a variety of cryptocurrency options. The establishment of the entity, according to Sam Bankman-Fried, CEO and Founder of FTX, should offer all their local clients the confidence of trading on a registered and licensed platform. Read Full on CryptoPotato.
– Goldman Sachs Is The First Major US Bank To Trade OTC Cryptocurrency Transaction
According to reports, Goldman Sachs has completed its first OTC crypto option exchange with investment firm Galaxy Digital. This is the first time that all major US banks have participated in such a transaction, and it is a significant milestone for the crypto derivatives market. According to CNBC, the bank will shortly announce its first of these trades, which will include a non-deliverable option trade with Galaxy Digital. Read Full on CryptoPotato.
– Naomi Osaka, A Tennis Star, Is The Newest Athlete Ambassador For FTX
Exchange of cryptocurrencies Over the previous year, FTX has amassed a slew of noteworthy partners in the sports world, ranging from athlete ambassadors to league sponsorships, and it has just added another to its stable: pro tennis player Naomi Osaka. FTX and FTX US announced that Osaka will join other athletes such as Tom Brady, Stephen Curry, and Shohei Ohtani as worldwide ambassadors for the company. Read Full on Decrypt.
– Paris Saint-Germain F.C. Files A Trademark Application For NFTs And The Metaverse
Paris Saint-Germain, having top players like Messi, Mbappe and Neymar, is a French footballing powerhouse that has taken the first moves toward joining the metaverse. The Parisian club covers the following topics in its trademark application submitted on March 16: non-fungible tokens (NFT)-backed multimedia; crypto wallets; managing cryptocurrency transactions; virtual clothes; sports gear; and gadgets. Read Full on Finbold.
– VC Investments In Crypto Have Increased Five-fold In A Year
As interest in cryptocurrencies and blockchain grows, so do venture capitalist investments in the field, which have increased by as much as five times in a single year. Money spent in crypto and blockchain venture capital projects surged by approximately 500 percent year-over-year, from less than $2 billion in the fourth quarter of 2020 to more than $10 billion in the fourth quarter of 2021. (YoY). Read Full on Finbold.
– Dave, Mobile Banking App Secures $100million Investment From FTX US
Dave, a mobile banking app, announced a partnership with FTX US on March 21 to enable cryptocurrency payments on the platform. FTX Ventures also announced a $100 million investment. Dave stated in the announcement that the investment would help the company’s strategy for future crypto-related projects, with FTX US serving as its cryptocurrency partner. Both organizations are looking into ways to integrate crypto payments onto Dave’s platform.Read Full on cointelegraph.
– Cardano Has 4x Larger Transaction Volume Than Bitcoin Within Last 24hours
Cardano (ADA) has seen a significantly higher transaction volume in the last 24 hours than both Bitcoin (BTC) and Ethereum (ETH), as it continues its upward trend over the last seven days. According to data received by Finbold on March 21 from the crypto market analytics website Messari, the cryptocurrency recorded a 24-hour USD transaction volume of $68.76 billion, which is four times or 332.45 percent greater than Bitcoin’s $15.90 billion. Read Full on Finbold.
– Recent Tax Proposal In India Could Place Cryptocurrencies As Goods And Services
India is considering amending its goods and services tax (GST) to include cryptocurrency in its taxes. According to the Hindu, just 18 percent GST is now levied on crypto exchange services, which are classified as financial services. Cryptocurrencies, according to one GST official, are taxed at a rate of 28 percent on the total amount of the transaction, similar to casinos, lotteries, gambling, betting, and horse racing. Read Full on BeInCrypto.
