Crypto News Cast đŽ 05-03-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1761 B
đ24h Mcap %: Â Â Â -38.17%
â ď¸Bitcoin Dom:     42.20%
đActive Coins: Â Â Â 4517
đ24h Vol %: Â Â Â Â Â -14.21%
đ˛24h Vol:        $67 B
Crypto News Updates :
- Axie Infinity Is The Most-Googled NFT Collection
- Shake Shack, Large US Fast Food, Is Now Offering Bitcoin Cashback
- Bitcoinâs Activity Hits Greatest Level In Almost 2Years Due To Geopolitical Concerns
- Charles Schwab, $7.5 Billion Assets Manager Proposes For A Crypto-Focused ETF
- Experts Make Comment On South Africaâs New Crypto Rules
- Billboard And Universal Music Group Teams Up To Launch Flow-Based NFT Collectibles
- Manchester City Football Club Inks A Deal With OKX, A Cryptocurrency Exchange
- Coinbase CEO Claims That Cryptocurrency Is A âLifelineâ For Russian Citizens
- Cardano Addresses Having 100,000+ ADA Increases As Price Drops 66% From ATH
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â Axie Infinity Is The Most-Googled NFT Collection
The Axie Infinity collection has been identified as the worldâs most searched-after non-fungible token (NFT) collection. Design Bundles, a creative resource, looked into the most popular NFTs based on the amount of times they were searched on Google each month. According to a press release shared with Finbold, Axie Infinity came out on top with 3.86 million monthly global searches. Read Full on Finbold.
â Shake Shack, Large US Fast Food, Is Now Offering Bitcoin Cashback
Shake Shack is a New York City-based American fast-casual restaurant and according to The Wall Street Journal, the burger restaurant has partnered with Block Incâs Cash App to give Bitcoin as an incentive for purchases made at their locations. On any Shake Shack transaction made with a Cash Card, users will allegedly be able to receive 15% of their purchase back in the form of BTC. Read Full on CryptoPotato.
â Bitcoinâs Activity Hits Greatest Level In Almost 2Years Due To Geopolitical Concerns
Following its first plunge in response to Russiaâs invasion of Ukraine last week, Bitcoin (BTC) came back almost as quickly as it had fallen. US and EU Sanctions on Russia have had a knock-on effect on the quantity of active Bitcoin, which has increased to over 565,000 BTC as of March 3. This is notable since it represents the greatest level of active Bitcoin supply in over a year. Read Full on Finbold.
â Charles Schwab, $7.5 Billion Assets Manager Proposes For A Crypto-Focused ETF
Charles Schwab, a half-decade-old worldwide financial services behemoth, has filed with the Securities and Exchange Commission to launch a Crypto Economy ETF, following in the footsteps of Blackrock. It will also concentrate on other blockchain-related commercial activities. If approved, it will trade on the NYSE Arca under the name Crypto Economy ETF. Read Full on CryptoPotato.
â Experts Make Comment On South Africaâs New Crypto Rules
Crypto-asset service providers will become accountable entities as part of a series of revisions to South Africaâs financial regulations. Further crypto laws will be finalized during 2022, as per a report from the South African Treasury. In short, the proposed modifications will compel anyone providing crypto asset advice or intermediary services to be recognized as a financial services provider under the act and to follow the standards. Read Full on cointelegraph.
â Billboard And Universal Music Group Teams Up To Launch Flow-Based NFT Collectibles
Billboard, an American music and entertainment firm, has announced a partnership with Universal Music Group (UMG) to enter the rapidly growing NFT ecosystem. Billboard said on Wednesday that it is starting an NFT project dubbed Chartstars, which would use the Flow blockchain for its NFT compilation. The Chartstars NFTs will also include fully licensed art and creativity, like visual segments from music videos and album photographs, according to Billboard. Read Full on Bitcoin News.
â Manchester City Football Club Inks A Deal With OKX, A Cryptocurrency Exchange
OKX, formerly OKEx, has announced a multiyear relationship with Manchester City, the English Premier League champion. The agreement marks OKXâs first foray into soccer sponsorship, with the exchangeâs logo appearing at Man Cityâs home stadium, Etihad Stadium. OKX stated on Friday that the two parties will collaborate on future projects. Partnerships between sports teams and cryptocurrency companies have become more common.Read Full on coindesk.
â Coinbase CEO Claims That Cryptocurrency Is A âLifelineâ For Russian Citizens
Cryptocurrency exchanges are staying firm in their refusal to block Russian users unilaterally. As per Coinbase CEO Brian Armstrong, demand for cryptocurrency is increasing in Russia, indicating that digital assets are offering a safe haven for the countryâs falling ruble. According to Armstrong, some regular Russians are utilizing cryptocurrency as a lifeline now that their currency has crashed. Read Full on blockworks.
â Cardano Addresses Having 100,000+ ADA Increases As Price Drops 66% From ATH
The highest inflow of Cardanoâs native token, ADA, to whale-controlled wallets was detected by automated systems. According to figures posted on social media by an unknown trader and analyst who goes by the Twitter handle @mario almanzar, the number of Cardano wallets holding 100,000 ADA or more has increased in recent days. This is with the fact that the price of cardano (ADA) has dropped over 66% from its high. Read Full on U.Today.
