Crypto News Cast For May 11th 2022 ?

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8 Min Read

crypto news cast may 11th 2022 ?
Crypto News Cast 📮 11-05-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1347 B
📊24h Mcap %:       -108.00%
⚠️Bitcoin Dom:        43.70%

📌Active Coins:       4533
📍24h Vol %:           1.20%
💲24h Vol:               $195 B

Crypto News Updates :

  • This Week, Three New Crypto ETFs Will Start Trading In Australia
  • Cathie Wood Of ARK Invest Believes Cryptocurrency Bear Season Is Ending
  • Crypto Payments Account For More Than 35% Of All AMC Online Payments
  • Michael Saylor Claims That MicroStrategy Will Never Sell Its Bitcoin
  • The Metaverse, According To Qualcomm’s CEO, Will Become A Massive Opportunity
  • As Retail Investors Increases, Bitcoin Addresses With 1 BTC Surpass 830,000
  • El Salvador President Nayib Bukele Revealed The Bitcoin City Model
  • Pop Icon Madonna Released Her First NFTs With Digital Artist, Beeple
  • RCD Espanyol Will Accept Bitcoin Payments, Becoming First Spain Soccer Club To Do So
  • After Massive Crash, Binance CEO Remains Bullish About Cryptocurrency Market

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– This Week, Three New Crypto ETFs Will Start Trading In Australia

Three funds that were previously postponed are anticipated to begin trading on May 12, according to Securities And Derivatives Exchange, Cboe Australia. Cosmos Asset Management has a Bitcoin ETF, while 21Shares has Bitcoin and Ether spot ETFs. According to the notices, the firm intends to list units of its Bitcoin and Ether ETFs on the Cboe Australia market. It will provide you access to crypto assets.Read Full on cointelegraph.

– Cathie Wood Of ARK Invest Believes Cryptocurrency Bear Season Is Ending

The increasing link between the cryptocurrency assets and traditional assets, according to ARK Invest CEO Cathie Wood, signals that the bear market season will soon be over. Her prediction comes as the price of the leading crypto asset falls in lockstep with the stock market, a pattern Wood claims is just transitory. Wood believes in crypto for the long run and expects exponential growth. Read Full on The Daily Hodl.

– Crypto Payments Account For More Than 35% Of All AMC Online Payments

Crypto, along with numerous other digital payment options, accounted for 35 percent of AMC Theatres’ online payments recently, according to CEO Adam Aron. After launching online payment support for Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) in November, the famous movie theater is focusing on other crypto adoptions. In addition, the AMC Theatres mobile app now accepts Dogecoin (DOGE) and Shiba Inu (SHIB) payments. Read Full on cointelegraph.

– Michael Saylor Claims That MicroStrategy Will Never Sell Its Bitcoin

MicroStrategy CEO Michael Saylor says on twitter that his company isn’t in danger of going bankrupt, calming down fears among investors. MicroStrategy owns 129,218 bitcoins, with 115,109 bitcoins available for use as further collateral. This quantity of bitcoin would be enough to prevent a margin call if the bitcoin price stayed over $3,562, but Saylor says the company would not sell even if that level was exceeded. Read Full on Bitcoin Magazine.

– The Metaverse, According To Qualcomm’s CEO, Will Become A Massive Opportunity

According to Cristiano Amon, CEO of Qualcomm, which is one of the largest fabless chip producers in the mobile industry, the firm is focusing on the importance of Metaverse, bringing to the chip and electronic consumer market in the not-too-distant future. Qualcomm’s CEO believes that wearables that can give metaverse augmentations for individuals on the go could have a large market. Read Full on Bitcoin News.

– As Retail Investors Increases, Bitcoin Addresses With 1 BTC Surpass 830,000

The number of Bitcoin addresses holding more than 1 BTC has increased significantly, topping 836,922. The Bitcoin market appears to be attracting more retail investors. The number of addresses with at least 0.01 BTC has also increased, reaching new all-time highs of 9,989,557. The general market was uncertain as Bitcoin momentarily plunged to lows of $29,731 on May 10, its lowest price since July 2021 and new yearly lows for 2022. Read Full on U.Today.

– El Salvador President Nayib Bukele Revealed The Bitcoin City Model

After announcing that the bitcoin nation-state of El Salvador had purchased the dip, President Nayib Bukele released a model of Bitcoin City. The first images show a golden metropolis with a Bitcoin as its focal point, with 0% income, capital gains, property, payroll, and municipal taxes, as well as 0% CO2 emissions. The setting is supposed to be near La Unión, a small Salvadoran town. Read Full on Bitcoin Magazine.

– Pop Icon Madonna Released Her First NFTs With Digital Artist, Beeple

Pop Culture Icon, Madonna and Beeple, a digital artist, today launched a three-video NFT collaboration portraying a naked, CGI Madonna giving birth. “Mother of Creation” is the title. Madonna and Beeple revealed in a video that they started working together on her first-ever NFTs a year ago. On SuperRare Wednesday, the artwork will be auctioned off. Beeple’s NFTs with Madonna deal with emotional attachments to oneself, nature, and technology. Read Full on Decrypt.

– RCD Espanyol Will Accept Bitcoin Payments, Becoming First Spain Soccer Club To Do So

Reial Club Deportivo (RCD) Espanyol will be the first team in La Liga, Spain’s top soccer league, to accept bitcoin and other cryptocurrencies for ticket, merchandise, and food and beverage purchases starting next season. Espanyol is committing to a long-term approach to bitcoin adoption with our sponsorship with Crypto Snack, first DEX iGaming Token launched on the Binance Smart Chain. This adoption will propel Bitcoin into the spotlight in Europe. Read Full on nasdaq.

– After Massive Crash, Binance CEO Remains Bullish About Cryptocurrency Market

The recent bitcoin market fall hasn’t fazed Binance CEO Changpeng Zhao as he is still very much bullish on the Flagship Cryptocurrency and the general market at large. CZ believes that the latest dip will be little more than a small dot on the radar in years past, citing the fact that Bitcoin has already experienced numerous severe falls. CZ also advised investors to manage their emotions and reduce their stakes if they are unable to absorb too much risk. Read Full on U.Today.
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