Crypto News Cast 📮 24-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1258 B
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⚠️Bitcoin Dom: 44.50%
📌Active Coins: 4537
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Crypto News Updates :
- French Fashion House, Balenciaga Will Accept Crypto Payments In The U.S
- CoinSwitch CEO Says India’s Cryptocurrency Sector Needs Peace And Clarity
- PayPal Plans To Integrate All Crypto And Blockchain Services Available
- Sumitomo Mitsui Trust, A Japanese Bank, Will Launch Digital Asset Custodian
- With The Help Of Hockey Superstar Wayne Gretzky, Ebay Gets Into Nft Industry
- Big Real Estate Developer In Brazil Now Accepts Bitcoin
- Reports Shows How 12% Of U.S Adults Used Cryptocurrency In 2021
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– French Fashion House, Balenciaga Will Accept Crypto Payments In The U.S
Balenciaga is the most recent fashion house to declare that its top outlets in the United States will now accept cryptocurrency payments. The French fashion house will accept Bitcoin (BTC) and Ethereum (ETH) payments in select U.S. locations, including its Madison Avenue and Rodeo Drive locations in New York, as well as its website www.balenciaga.com. In the foreseeable future, the company plans to expand its store locations. Read Full on U.Today.
– CoinSwitch CEO Says India’s Cryptocurrency Sector Needs Peace And Clarity
CoinSwitch CEO Ashish Singhal has urged for clearer standards to end the regulatory uncertainties in India’s cryptocurrency industry. Users want to know what will happen to their holdings, if the government will ban it or not, and how it will be controlled, according to Singhal. Regulations, he claims, would bring calm and confidence to the market. He continues by stating that cryptocurrency has intrinsic worth. Read Full on Decrypt.
– PayPal Plans To Integrate All Crypto And Blockchain Services Available
According to a senior executive at PayPal, the company is working hard to integrate all conceivable blockchain and cryptocurrency interfaces into its services. PayPal is working hard to support all types of digital services, including digital currencies and digital currencies issued by central banks (CBDC). PayPal is one of the world’s largest payment firms to embrace the Cryptocurrency and blockchain space. Read Full on cointelegraph.
– Sumitomo Mitsui Trust, A Japanese Bank, Will Launch Digital Asset Custodian
Japanese bank Sumitomo Mitsui Trust will launch a new firm to provide institutional investors with digital asset custody services. The Japan Digital Asset Trust will target institutional investors who are concerned about the possibility of cryptocurrency theft. The Japan Digital Asset Trust will start with $2.3 million and expects to grow to $78 million with additional investment. Read Full on coindesk.
– With The Help Of Hockey Superstar Wayne Gretzky, Ebay Gets Into Nft Industry
With the help of hockey superstar Wayne Gretzky, eBay is getting into NFTs. On Monday, the firm announced the release of 13 limited-edition digital artifacts in collaboration with Web3 platform OneOf, each of which features a 3-D animated representation of Gretzky performing one of his trademark maneuvers on the ice. In collaboration with eBay, OneOf wants to release more NFT series featuring some of the most famous sportsmen. Read Full on CNBC.
– Big Real Estate Developer In Brazil Now Accepts Bitcoin
In a new cooperation with Foxbit, a cryptocurrency payment gateway provider, Gafisa, one of the top Brazilian real estate developers, is now taking bitcoin as payment for real estate purchases. The absence of intermediaries was one of the reasons for Gafisa’s bitcoin integration, according to Foxbit. Gafisa’s decision to embrace bitcoin was largely influenced by the potential for more innovation in the field. Read Full on Bitcoin Magazine.
– Reports Shows How 12% Of U.S Adults Used Cryptocurrency In 2021
The Federal Reserve evaluated the economic health of the United States in a poll that included 11,000 respondents with related questions about cryptocurrencies such as Bitcoin, Ethereum, and others. According to the statistics gathered, the American adult population has begun to exhibit interest in cryptocurrency. It was kept as an investment tool by 12% of American adults, and it was used for payments by 3%. Read Full on U.Today.
