Crypto News Cast đŽ 25-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1258 B
đ24h Mcap %: Â Â Â -0.29%
â ď¸Bitcoin Dom:     44.70%
đActive Coins: Â Â Â 4537
đ24h Vol %: Â Â Â Â Â -4.10%
đ˛24h Vol:        $69 B
Crypto News Updates :
- Chinaâs BSN Prepares To Launch Blockchain Cloud Service In August
- Electronic Retail Company, GameStop Has Finally Released Its Cryptocurrency And Nft Wallet
- Cardano (ADA) And Polkadot (DOT) Are Getting The Attention Of Institutional Investors
- Coinbase Is The First Cryptocurrency Company To Make The Fortune 500 List
- The Central African Republic Is Preparing To Introduce A Bitcoin Investing Platform
- Australiaâs New Prime Minister Has Cryptocurrency Regulation High On His Agenda
- Billionaire Ray Dalio Admits Bitcoin Account For Small Part Of His Portfolio
- Senator Ted Cruz Wants Texas To Be A Hub For Cryptocurrency Adoption
- As Worldwide Crisis Unfolds, âRich Dadâ Robert Kiyosaki Urges Saving Bitcoin, Gold, And Guns
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â Chinaâs BSN Prepares To Launch Blockchain Cloud Service In August
The Chinese government-backed Blockchain-based Service Network (BSN) plans to launch its first significant international service, the Spartan Network, in August this year. The Spartan Network aims to provide a one-stop shop for deploying blockchain applications in the cloud, allowing enterprises to take advantage of time and cost savings. It will be a collection of public blockchains featuring non-crypto services. Read Full on CryptoPotato.
â Electronic Retail Company, GameStop Has Finally Released Its Cryptocurrency And Nft Wallet
With the ability to employ Ethereum dApps, GameStop Wallet secures the storage of cryptocurrencies and NFTs. Transactions are also completed using Loopring Layer 2. The long-awaited final release of GameStopâs NFT Marketplace was also announced. The platform should be released in the second quarter of this year, according to the companyâs statement. Read Full on U.Today.
â Cardano (ADA) And Polkadot (DOT) Are Getting The Attention Of Institutional Investors
Institutional investors are showing interest in Cardano (ADA) and Polkadot (DOT), while Bitcoin (BTC) sees major outflows in the market. Despite last weekâs massive Bitcoin outflows, BTC has a positive year-to-date flow of $307 million. Institutional investors put $1 million into Polkadot and Cardano-focused digital asset investment products, as well as $700,000, $500,000, and $100,000 into XRP, Solana (SOL), and Litecoin (LTC)-focused products, respectively.Read Full on The Daily Hodl.
â Coinbase Is The First Cryptocurrency Company To Make The Fortune 500 List
Coinbase, a cryptocurrency exchange, is ranked 437th on the Fortune 500 for 2022, an annual list of Americaâs top firms based on revenue. Fortune Media stated on Monday that the revenue requirement for the 2022 Fortune 500 list was $6.4 billion, up 19 percent over last yearâs limit. Fortune has ranked firms based on their 2021 sales for its 2022 list. The fourth quarter of last year brought in $2.49 billion in net revenue for Coinbase. Read Full on theblockcrypto.
â The Central African Republic Is Preparing To Introduce A Bitcoin Investing Platform
The Central African Republic announced the establishment of the continentâs first legal cryptocurrency investment hub, deepening its embrace of digital finance despite warnings from the International Monetary Fund. On the website for the soon-to-be-launched âSANGOâ crypto investment platform, interested investors can sign up for a waiting list. Last month, the Central African Republic became the first African country to embrace bitcoin as its official currency.Read Full on U.S.
â Australiaâs New Prime Minister Has Cryptocurrency Regulation High On His Agenda
Market observers feel that in his first 100 days in office, Australiaâs incoming Prime Minister, Anthony Albanese, should prioritize addressing climate change, growing living costs, and cryptocurrency legislation as some of the most critical policy problems. It is expected that the Australian government will continue the work on cryptocurrency regulation that it has already begun. Read Full on Finbold.
â Billionaire Ray Dalio Admits Bitcoin Account For Small Part Of His Portfolio
After taking a hard line against Bitcoin, billionaire and founder of Bridgewater Associates Ray Dalio has admitted that the asset is part of his investment portfolio. According to Dalio, Bitcoin has made enormous progress over the last decade, resulting in a shift in public perception. He emphasized that Bitcoin has become a viable alternative to gold and other traditional assets. Read Full on Finbold.
â Senator Ted Cruz Wants Texas To Be A Hub For Cryptocurrency Adoption
Senator Ted Cruz wants Texas to be the epicenter of cryptocurrency development. He professes his belief in Bitcoin and states that he wants Texas to be the Bitcoin and crypto oasis on the planet. He was referring to the state of Texasâ recent development of cryptocurrency mining growing adoption. He also considers central bank digital currency (CBDCs) to be a terrifying and hazardous concept.Read Full on theblockcrypto.
â As Worldwide Crisis Unfolds, âRich Dadâ Robert Kiyosaki Urges Saving Bitcoin, Gold, And Guns
In light of the Davos, Switzerland event, Robert Kiyosaki, author of the personal finance book âRich Dad, Poor Dad,â shares his opinions on the present global market scenario, as the International Monetary Fund (IMF) warns that the world is facing the greatest financial crisis since World War II. The financial expert predicted a possible World War and encouraged people to preserve gold, silver, Bitcoin, food, guns, and bullets. Read Full on Finbold.
