Crypto News Cast đŽ 03-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1725 B
đ24h Mcap %: Â Â Â Â 10.02%
â ď¸Bitcoin Dom:     42.20%
đActive Coins: Â Â Â 4529
đ24h Vol %: Â Â Â Â Â -7.85%
đ˛24h Vol:        $73 B
Crypto News Updates :
- Recent SEC Filing Shows That Tesla Believes In The Potential Of Digital Assets
- Bitfarms Holds 5,646 BTC After Mining 405 BTC In April
- Mark Cuban Proposes Using Dogecoin To Solve Twitterâs Crypto Ad Problems
- VanEck, An Investment Firm Rolls Out New NFT Collection
- El Salvadorâs Bitcoin Wallet (Chivo Wallet) Shows High Level Of Acceptance
- Angel Studios, A Streaming Platform, Has Added Bitcoin To Its Balance Sheet
- Two Largest Banks In Argentina Have Agreed To Permit Cryptocurrency Trading
- Algorand Is The First U.S Blockchain Sponsor Of The FIFA World Cup
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â Recent SEC Filing Shows That Tesla Believes In The Potential Of Digital Assets
According to a recent filing with the Securities and Exchange Commission, the popular electric car firm Tesla has adopted a more definitive stance, deciding to leave the door open for further digital asset investments. Teslaâs quarterly report states unequivocally that it believes in digital assetsâ long-term potential as an investment and a liquid alternative to cash. Last month, Tesla disclosed $1.26 billion in digital asset holdings in its first-quarter earnings report. Read Full on blockworks.
â Bitfarms Holds 5,646 BTC After Mining 405 BTC In April
Bitfarms Ltd., a worldwide distributed mining corporation, issued a production update for April 2022, revealing a year-over-year (YoY) increase in bitcoin mined of 75%. Last month, Bitfarms reported mining a total of 405 BTC worth $15.6 million. With 403 BTC put into custody, Bitfarms now has a reserve of 5,646 BTC as of April 30, 2022. Bitfarms was able to achieve much of this growth by installing 5,900 new miners. Read Full on Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides.
â Mark Cuban Proposes Using Dogecoin To Solve Twitterâs Crypto Ad Problems
The complaint of American entrepreneur Marc Andreessen regarding Twitter impersonation drew the attention of Twitter CEO Elon Musk. Whereby, Mark Cuban, a billionaire investor, proposed an unusual solution. The problem may be overcome by first adding an âOptimistic Rollup,â or layer-2 solution, to Dogecoin. This means that before someone may post on Twitter indefinitely, they must first put up one DOGE ($0.13 per coin at the time of writing) as collateral. Read Full on cointelegraph.
â VanEck, An Investment Firm Rolls Out New NFT Collection
A collection of 1,000 non-fungible tokens (NFTs) will be released by VanEck, a New York-based financial management firm. The VanEck Community NFT, an Ethereum-based collection, will follow a caricature of Alexander Hamilton, dubbed âHammy,â as he investigates past, present, and future financial policy. It will show how digital assets may be used in the real world, establish a community for VanEck investors, and teach holders about the crypto industry. Read Full on theblockcrypto.
â El Salvadorâs Bitcoin Wallet (Chivo Wallet) Shows High Level Of Acceptance
According to an executive at the cryptocurrency exchange behind the Chivo wallet, El Salvadorâs government-backed Bitcoin (BTC) wallet has seen significant uptake. According to a survey conducted by the National Bureau of Economic Research, 40% of people who downloaded the Chivo wallet continued to use it after receiving government incentives. Furthermore, after spending their free $30 bonus in Bitcoin, 20% of Salvadorans continued to use the Chivo wallet. Read Full on cointelegraph.
â Angel Studios, A Streaming Platform, Has Added Bitcoin To Its Balance Sheet
According to a recent filing with the US Securities and Exchange Commission (SEC), streaming platform Angel Studios purchased $10.6 million worth of Bitcoin. According to the firm, its Bitcoin assets are âhighly liquid.â Angel Studios made the purchase after selling 1.7 million of its Class A shares in October. The transaction was made with the intention of diversifying the companyâs earnings. Read Full on U.Today.
â Two Largest Banks In Argentina Have Agreed To Permit Cryptocurrency Trading
Banco Galicia and Brubank, Argentinaâs largest and second-largest private banks, stated that customers will be able to buy and sell cryptocurrency. Purchases of Bitcoin (BTC), Ether (ETH), USD Coin (USDC), and Ripple (XRP) are now available on Banco Galiciaâs web interface. Argentina could use the adoption of Bitcoin and other cryptocurrencies through their banks to avoid its crippling inflation. Read Full on cointelegraph.
â Algorand Is The First U.S Blockchain Sponsor Of The FIFA World Cup
Algorand blockchain network (ALGO) is now the very first U.S Blockchain to have signed a sponsorship and technical agreement with FIFA. Algorand will be a regional supporter across North America and Europe for the 2022 FIFA World Cup in Qatar, which will take place in November and December. In 2023, Algorand will be an official sponsor of the FIFA Womenâs World Cup, which will be held in Australia and New Zealand. Read Full on cointelegraph.
