Crypto News Cast đŽ 05-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1675 B
đ24h Mcap %: Â Â Â -59.12%
â ď¸Bitcoin Dom:     41.80%
đActive Coins: Â Â Â 4529
đ24h Vol %: Â Â Â Â Â 20.26%
đ˛24h Vol:        $108 B
Crypto News Updates :
- New South Korea President Delays Crypto Taxes In Lieu Of Consumer Protections
- Hawaii Senate Committees Support Forming Task Force For Cryptocurrency And Blockchain
- Bentley University And Coinbase Teams Up To Accept Three Different Digital Currencies
- Joe Rogan Says The Government Is Worried About Bitcoinâs Validity As A Currency
- DOGE Aids Litecoin Hashrate To Reach New All-Time High
- JD Vance, Pro-Bitcoin Republican Candidate, Has Won The Ohio Senate Primaries
- Global Private Bank LGT Begins Offering Trading In Bitcoin And Ether
- Retail Interest In Cardano Is Seeing Tremendous Growth
- In An NFT Announcement, Starbucks Hints On Its Web3 Platform
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â New South Korea President Delays Crypto Taxes In Lieu Of Consumer Protections
Yoon Seok-yeol, South Koreaâs newly elected president, declared on Tuesday that he will push to postpone taxation on crypto investment gains at least until the Digital Asset Basic Act is passed. Yoon will ensure that the crypto tax bill does not take effect until acceptable consumer protection legislation is in place, which may be as early as 2024. The postponed contentious crypto tax law would impose a 20% tax on crypto investment gains exceeding $2,100 per year.Read Full on cointelegraph.
â Hawaii Senate Committees Support Forming Task Force For Cryptocurrency And Blockchain
The formation of a specialized task force to investigate the use and regulation of the crypto ecosystem was unanimously approved by two Hawaii State Legislature committees: Commerce and Consumer Protection (CPN) and Ways and Means (WAM). The task group would return to the State Capitol with its conclusions and prospective legislation, which would include a plan to extend blockchain usage in both the private and public sectors. Read Full on cointelegraph.
â Bentley University And Coinbase Teams Up To Accept Three Different Digital Currencies
Bentley University in Waltham, Massachusetts, has partnered with Coinbase to allow students and their families to pay tuition using cryptocurrency. Bentley will take three crypto currencies: bitcoin (BTC), ethereum (ETH), and usd coin (USDC). According to the head of the university, they are proud to embrace the technology that their students are learning about, which will revolutionize the worldwide business scene. Read Full on Bitcoin News.
â Joe Rogan Says The Government Is Worried About Bitcoinâs Validity As A Currency
On his podcast program with mixed martial artist Khalil Rountree on May 3, Joe Rogan, presenter of the Joe Rogan Experience, revealed his belief that Bitcoin was a viable form of currency. Rogan also expressed fears that the government was attempting to censor and control crypto in the same way that he says the Obama administration attempted to regulate the internet, which isnât polling through due to widespread adoption. Read Full on Finbold.
â DOGE Aids Litecoin Hashrate To Reach New All-Time High
Litecoinâs founder, Charlie Lee, took to Twitter to announce that the LTC networkâs hashrate had reached a new all-time high. This is largely owing to Dogecoin miners, who use combined mining, in which both currencyâ transactions are validated at the same time and miners collect rewards from both chains. Its hashrate has surpassed 500 TH/s, according to Lee. Read Full on U.Today.
â JD Vance, Pro-Bitcoin Republican Candidate, Has Won The Ohio Senate Primaries
Crypto-Friendly, JD Vance has won the Republican Senate primary in Ohio, making him the GOPâs nominee in the highly anticipated Senate battle between Democrat Tim Ryan. Vance has revealed Bitcoin (BTC) assets worth up to $250,000, or around 6.5 coins at todayâs value. Through a Super PAC, he was also funded by Bitcoin proponent and billionaire investor Peter Thiel. Protect Ohio Values Super PAC received $3.5 million from Thiel. Read Full on cointelegraph.
â Global Private Bank LGT Begins Offering Trading In Bitcoin And Ether
LGT Group, a leading family-owned private banking and asset management firm, has launched Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. In collaboration with Seba, a Swiss cryptocurrency bank, LGT Bank is launching digital asset custody and trading services. LGTâs crypto services will be fully linked with traditional assets, allowing clients to exchange assets in their existing portfolios with ease. Read Full on cointelegraph.
â Retail Interest In Cardano Is Seeing Tremendous Growth
Retail interest in Cardano is fast growing, with the balance held by traders (retail investors) or addresses holding ADA for less than a month jumping by as much as 186.19 percent in just 30 days. Simultaneously, the number of hodlers (those who have held the token for more than a year) has risen by 6.20 percent, while the number of cruisers (those who have held it for between one and 12 months) has risen by 10.49 percent. Read Full on Finbold.
â In An NFT Announcement, Starbucks Hints On Its Web3 Platform
Starbucks wants to offer a series of non-fungible token (NFT) collections. The popular coffee chain claims that its NFTs will enable unique experiences, community development, and customer involvement, in addition to its existing app-based digital environment. In addition to NFTs, the firm hinted to a full-fledged âStarbucks Digital Community Web3 platform,â which might be linked to in-store mobile payments. Read Full on coindesk.
