Crypto News Cast For May 9th 2022 ?

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crypto news cast may 9th 2022 ?
Crypto News Cast 📮 09-05-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1449 B
📊24h Mcap %:       -110.00%
⚠️Bitcoin Dom:        41.70%

📌Active Coins:       4531
📍24h Vol %:           12.16
💲24h Vol:               $124 B

Crypto News Updates :

  • In Q1 2022, About 130 million Polkadot (DOT) Were Locked In Parachains
  • By 2027, The NFT Market Will Be Worth More Than $13 Billion
  • In Zambia, Blockchain Is Leading The Path For Social Growth
  • The Best Golfers On The Sunshine Tour Will Win Bitcoin Awards
  • Instagram Will Support NFTs From Ethereum, Polygon, Solana, And Flow
  • WisdomTree Wants To Serve The Next 2 Billion Crypto Adopters

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– In Q1 2022, About 130 million Polkadot (DOT) Were Locked In Parachains

Messari, a crypto analytics firm, released a study on Polkadot’s first-quarter performance, including the layer-zero protocol’s price movement, network utilization, recent developments in staking and decentralization, and future prospects. Polkadot has conducted 13 parachain slot auctions, with a total of 127.8 million DOT locked at the end of Q1 2022, valued at $2.9 billion, accounting for about 11% of total supply. Read Full on CryptoPotato.

– By 2027, The NFT Market Will Be Worth More Than $13 Billion

Based on a 35.0 percent compound annual growth rate (CAGR), the present $3 billion valuation of NFT spaces will reach $13.6 billion by the end of 2027. That is, assuming that investor interest and adoption continue to rise. The expansion of the gaming community, combined with mainstream influencers’ work and the desire for digital artworks, would help propel the space to new heights. Read Full on BeInCrypto.

– In Zambia, Blockchain Is Leading The Path For Social Growth

In Zambia, the United Africa Blockchain Association (UABA) is attempting to link blockchain use to social responsibility. The government is interested in blockchain adoption in creating self-sufficient communities that are less reliant on the government, as well as a payment system for a basic human needs scheme. Through incentive-based crypto possibilities, the youth empowerment pilot initiative aims to develop sustainable local communities. Read Full on ventureburn.

– The Best Golfers On The Sunshine Tour Will Win Bitcoin Awards

Sunshine Tour, a professional golf competition hosted in Southern and Eastern Africa, teamed up with Luno to bring cryptocurrencies closer to the players. The event will award roughly $31,000 in bitcoin to the winner, $12,000 in bitcoin to the second place finisher, and $6,000 in bitcoin to the third place finisher. The winners’ bitcoin rewards will be sent to their Luno accounts. Read Full on CryptoPotato.

– Instagram Will Support NFTs From Ethereum, Polygon, Solana, And Flow

Meta’s social media powerhouse, Instagram is preparing non-fungible token (NFT) integrations for Ethereum, Polygon, Solana, and Flow. The great majority of digital collectibles transactions takes place on those networks, with Ethereum and its Bored Apes topping the pack in terms of market capitalization. A small group of NFT enthusiasts from the United States will participate in the pilot. Instagram plans to enable popular crypto wallets like MetaMask. Read Full on coindesk.

– WisdomTree Wants To Serve The Next 2 Billion Crypto Adopters

WisdomTree, a US financial management, expects that their next consumer-facing crypto wallet would make bitcoin more approachable for those who are scared by the existing crop. WisdomTree Prime is best known for selling exchange traded funds (ETFs) through third parties. Wisdomtree will now be in a position to compete with crypto firms such as MetaMask and Strike for the next 2 billion crypto adopters.Read Full on theblockcrypto.
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