Crypto News Cast 📮 08-03-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1720 B
📊24h Mcap %: -34.00%
⚠️Bitcoin Dom: 42.40%
📌Active Coins: 4519
📍24h Vol %: 5.28%
💲24h Vol: $84 B
Crypto News Updates :
- Bitcoin Is Referred To As “Pure Gold” By Apple Co-founder
- FTX, A Cryptocurrency Exchange, Has Announced Its Expansion Into Europe
- Binance’s New Subsidiary Bifinity Will Focus On Crypto Payments
- As Whales Buys ETH, Ether’s Billionaire Addresses Hits All-Time High
- Global Oil Giant, Chevron Has Filed Trademark Applications For NFT And Metaverse-themed
- NFTs Minted On Cardano Have Surpassed The 800,000 Mark
- This Week, Biden Will Sign The Bitcoin And Crypto Executive Order
- Last Week, Crypto-fund Inflows Tripled Highest Level In Almost Three Months
- PwC Says Blockchain Technology May Boost Global GDP, Adding $1.76trillion By 2030
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– Bitcoin Is Referred To As “Pure Gold” By Apple Co-founder
In a recent interview with Business Insider, Apple co-founder Steve Wozniak praised Bitcoin, characterizing the largest cryptocurrency as “pure-gold mathematics.” The famed electronics expert and computer programmer has a negative opinion of the Bitcoin sector as a whole. He claimed in the aforementioned interview that many cryptocurrency ventures are “rip-offs” due to the large number of cryptocurrencies being created on a daily basis.Read Full on U.Today.
– FTX, A Cryptocurrency Exchange, Has Announced Its Expansion Into Europe
FTX, the crypto industry’s seventh-largest exchange, is establishing FTX Europe, a new European affiliate. FTX Europe will begin serving consumers throughout the continent after receiving authorization from Cyprus’ financial authority, CySec. The exchange’s current effort, according to marketing materials, will encompass the Middle East, though it’s unclear which nations would be included. This is the FTX crypto exchange’s second affiliate. Read Full on Decrypt.
– Binance’s New Subsidiary Bifinity Will Focus On Crypto Payments
Binance, the world’s largest cryptocurrency exchange by trading volume, is creating its own crypto payment provider to improve its fiat-to-crypto payments technology. Bifinity, Binance’s official fiat-to-crypto payment company, was launched on Monday to connect crypto service providers with the traditional financial system through providing crypto buy-and-sell services and API crypto payment integrations, according to the crypto exchange. Read Full on cointelegraph.
– As Whales Buys ETH, Ether’s Billionaire Addresses Hits All-Time High
Despite the asset’s price dropping by over 48 percent from November record highs, Ethereum’s whale-tire addresses, wallets holding between 1 million and 10 million ETH, remain high. In the last six months, these whales had acquired 2.2 percent more of the supply. If the broader crypto market gets its footing, huge Ethereum investors’ unwavering interest could be a sign of good things to come.Read Full on ZyCrypto.
– Global Oil Giant, Chevron Has Filed Trademark Applications For NFT And Metaverse-themed
Chevron, an American global oil giant, has applied to the US Patent and Trademark Office for a new metaverse-related trademark for its name and emblem (USPTO). The applications, which were filed on March 2, 2022, show that the energy behemoth intends to enter the metaverse and provide branded non-fungible tokens (NFTs), as well as gas, renewable energy goods, and convenience store products as digital commodities. Read Full on Finbold.
– NFTs Minted On Cardano Have Surpassed The 800,000 Mark
NFT MAKER (NMKR), the first-ever public ‘Mint-on-Demand’ tool based on the Cardano (ADA) blockchain, has minted over 800,000 non-fungible tokens (NFTs). On March 6th, the NFT-making platform announced the big news in a tweet. NFT MAKER was created to make it easier for end-users, artists, and brands to get started with NFTs. The news coincides with a growing trend of NFT popularity, despite the fact that they’re still in their infancy. Read Full on Finbold.
– This Week, Biden Will Sign The Bitcoin And Crypto Executive Order
According to Bloomberg, President Joe Biden will sign an executive order this week directing federal agencies to analyze the risks and potential that Bitcoin and cryptocurrencies present to the United States, as well as the government’s strategy for market regulation. The directive directs federal agencies in the United States to investigate potential regulatory reforms, as well as the market’s national security and economic implications. Read Full on Bitcoin Magazine.
– Last Week, Crypto-fund Inflows Tripled Highest Level In Almost Three Months
Despite outflows from European products, new investment into crypto funds increased threefold last week, reaching the highest level in almost three months. According to a survey released Monday by digital asset manager CoinShares, digital asset investment funds garnered $127 million in fresh money during the week ending March 4. Inflows of $151 million were recorded in the Americas, while outflows of $24 million were recorded in Europe. Read Full on coindesk.
– PwC Says Blockchain Technology May Boost Global GDP, Adding $1.76trillion By 2030
According to PricewaterhouseCoopers’ (PwC) latest Time for Trust study, the firm’s economists are quite optimistic about blockchain technology. According to the study, the technology might boost the world economy by $1.76 trillion by 2030. It highlights that the sector is expanding beyond bitcoin and that cryptocurrencies are just one facet of the market. It estimates that the GDP value of blockchain technology would be $422 billion by 2025. Read Full on BeInCrypto.
