Crypto News Cast đŽ 22-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1279 B
đ24h Mcap %: Â Â Â Â 11.20%
â ď¸Bitcoin Dom:     44.60%
đActive Coins: Â Â Â 4537
đ24h Vol %: Â Â Â Â Â 0.28%
đ˛24h Vol:        $56 B
Crypto News Updates :
- SWIFT Will Test Central Bank Digital Currencies For International Transfers
- Ethereum Developersâ Reveals The Merger Will Take Place In August
- Bill From US Congress Seeks To Protect Bitcoin Investments In Retirement Funds
- OpenSea Introduces âSeaportâ Marketplace Protocol For NFTs Exchange
- Despite The Massive Correction, Kevin OâLeary Remains Bullish On Bitcoin
- Bitcoinâs Inflation Hedge Qualities, Tim Draper Is Still Bullish On The Cryptocurrency
- Families Across Europe See Cryptocurrency As A Way To Boost Their Finances
- Doge Is Now Among Top Purchased Coins By BNB Whales
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â SWIFT Will Test Central Bank Digital Currencies For International Transfers
SWIFT, a bank messaging service, is attempting to keep up with the times by connecting CBDCs to one another as well as regular currencies. According to Swift, CBDCs include economies that account for over 90% of global GDP. As part of a new project, SWIFT has partnered up with Capgemini, a French IT firm, to test cross-border central bank digital currency (CBDC) payments. SWIFT is currently working on its second CBDC project. Read Full on Finbold.
â Ethereum Developersâ Reveals The Merger Will Take Place In August
Preston Van Loon, a major Ethereum developer, informed delegates at the Permissionless conference that the shift, dubbed âThe Mergeâ, would take place in August if everything goes as planned. The team wanted to complete the transfer before the âdifficulty bombâ degraded the network as planned. The âdifficulty bombâ is a program embedded in the Ethereum blockchain that deliberately slows the network down. Read Full on cointelegraph.
â Bill From US Congress Seeks To Protect Bitcoin Investments In Retirement Funds
Republicans in the House of Representatives have recently introduced a bill order that would prevent the Labor Department from restricting the investment options available to workers in self-directed retirement plans. Americans would be permitted to include Bitcoin in their 401(k) plans if they so choose under the bill. The Financial Freedom Act was introduced by Florida Republican Byron Donalds. Read Full on Finbold.
â OpenSea Introduces âSeaportâ Marketplace Protocol For NFTs Exchange
OpenSea, a nonfungible token marketplace, has announced the creation of a Web3 marketplace protocol for buying and trading NFTs safely and effectively. The Seaport marketplace protocol will allow users to purchase NFTs by offering assets other than payment tokens like Ethereum (ETH). Tipping will also be allowed on the site as long as the amount does not exceed the original offer. Read Full on cointelegraph.
â Despite The Massive Correction, Kevin OâLeary Remains Bullish On Bitcoin
Kevin OâLeary, a Canadian business magnate, believes he is still positive on cryptocurrency. Bitcoin projections, according to OâLeary, have never been correct, and âno oneâ has ever been able to accurately estimate its volatility. When compared to Amazonâs performance over the last 15 years, the âShark Tankâ star believes that Bitcoin will remain volatile. Bitcoin, according to OâLeary, will become the worldâs reserve currency. Read Full on U.Today.
â Bitcoinâs Inflation Hedge Qualities, Tim Draper Is Still Bullish On The Cryptocurrency
Tim Draper, the venture capitalist most known for his early bitcoin investments, has clarified his position on bitcoinâs worth, even in this current bear market season. He maintains his optimistic position on Bitcoin. Draper confirms that bitcoinâs importance in the crypto and traditional marketsâ collapse stems from its inflation-hedging properties. He points out that cryptocurrency serves as a safe haven against bad governance and excessive regulation. Read Full on Bitcoin News.
â Families Across Europe See Cryptocurrency As A Way To Boost Their Finances
The poll, performed by Kantar, was designed to uncover crypto-related consumer trends in 2022. The study concluded that Europeans families saw cryptocurrency as a way to invest and save for their families, based on responses from 3,000 people across 14 markets in Europe, Asia, and Latin America. Also, Fifty-five percent of European participants said they had cryptocurrency, some believe itâs to be used for their familyâs requirements. Read Full on cointelegraph.
â Doge Is Now Among Top Purchased Coins By BNB Whales
Dogecoin has once again been found on the list of top ten digital currencies the major BNB whales are buying in bulk, according to WhaleStats, following the 100 largest wallets on BNB Chain (previously known as Binance Smart Chain â BSC). Aside from DOGE, there are USDC, BNB, BabyDoge, ETH, and other cryptocurrencies on the list. DOGE accounts for $27,439,092 of BNB whalesâ total portfolio value, or 1.94 percent. Read Full on U.Today.
