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Crypto News Cast For May 14th 2022 ?

Crypto News Cast May 14th 2022 ?
Crypto News Cast 📮 14-05-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1232 B
📊24h Mcap %:        38.89%
⚠️Bitcoin Dom:        44.50%

📌Active Coins:       4536
📍24h Vol %:          -29.92%
💲24h Vol:               $91 B

Crypto News Updates :

  • In Seventh Quarter Consecutively, Global Blockchain Funding Has Surpassed $9 Billion
  • Sam Bankman-Fried Purchases A 7.6% Stake In Robinhood
  • Tanzania Is Getting Closer To Establishing A Central Bank Digital Currency (CBDC)
  • A Bitcoin Debit Card Will Be Released By A Swiss Exchange, Relai
  • Japanese Largest Brokerage, Nomura Introduces Bitcoin Derivatives To Asian Clients
  • Tesla CEO, Elon Musk Believes Dogecoin Still Has Currency Potential
  • Bitcoin Wallet From Satoshi-Era Activates With BTC Worth 62x In USD
  • Bitcoin Mining In Norway Receives Thrives As Planned Ban Gets Rejected

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In Seventh Quarter Consecutively, Global Blockchain Funding Has Surpassed $9 Billion

Venture capitalists have upped their interest on blockchain and cryptocurrencies for the seventh consecutive quarter, with $9.2 billion in global blockchain funding recorded in the first quarter of 2022. The key growth engine was Web3, which included non-fungible tokens (NFTs) and DeFi. Early-stage enterprises accounted for 80% of global blockchain deals, the same percentage as in 2021, signaling that the sector is still developing. Read Full on Finbold.

Sam Bankman-Fried Purchases A 7.6% Stake In Robinhood

According to a filing with the US Securities and Exchange Commission, Sam Bankman-Fried, the CEO of crypto exchange FTX, has purchased a 7.6% stake in stock and crypto trading software Robinhood. News of the purchase sent Robinhood shares jumping by almost 30%, to roughly $10.72. Bankman-Fried purchased well over 56 million shares of Robinhood through Emergent Fidelity Technologies, valuing the investment at over $600 million.Read Full on Decrypt.

Tanzania Is Getting Closer To Establishing A Central Bank Digital Currency (CBDC)

Tanzania's central bank governor says his country is getting closer to launching a central bank digital currency (CBDC). The CBDC is expected to address the growing interest in privately created cryptocurrencies once it is operational. This is because the Bank of Tanzania (BOT) cannot disregard the advancements in money technology. BOT's digital currency, according to the governor, will provide consumers with a safer alternative to cryptocurrencies.Read Full on Bitcoin News.

A Bitcoin Debit Card Will Be Released By A Swiss Exchange, Relai

Relai, a bitcoin-focused savings and investment app, has unveiled plans for a bitcoin debit card that would allow users to earn BTC while making purchases and enabling holders to expand their bitcoin holdings with each purchase.Relai is presently using the Crowdcube crowdfunding platform, where it has already raised $1.5 million in just two hours. The debit card will be available later this year, and early Crowdcube investors can invest as low as €10. Read Full on Bitcoin Magazine.

Japanese Largest Brokerage, Nomura Introduces Bitcoin Derivatives To Asian Clients

After institutional demand for bitcoin products grew substantially in the last two years, Nomura Holdings Inc. has begun offering Bitcoin derivatives to Asian clients. The Japan's largest brokerage now offers cash-settled non-deliverable forwards and non-deliverable options, as well as Bitcoin futures and options. Cumberland DRW LLC, a market-maker in cryptocurrencies, was Nomura's first digital transaction on CME Group Inc.'s platform this week. Read Full on bloomberg.

Tesla CEO, Elon Musk Believes Dogecoin Still Has Currency Potential

Elon Musk, the CEO of Tesla, came to Twitter to tell Dogecoin co-founder Billy Markus that the project has currency potential. Markus further stated that the meme coin did not require its own blockchain system to host other NFT currencies. Musk also suggests that the DOGE development team concentrate on cutting fees, reducing block time, and increasing block size. Markus also believes Dogecoin should be promoted as a legitimate digital money.Read Full on BeInCrypto.

Bitcoin Wallet From Satoshi-Era Activates With BTC Worth 62x In USD

The cryptocurrency tracker Whale Alert has discovered a transaction from a wallet that has not been used since 2013. The wallet includes 1,000 Bitcoins, whose value has increased by more than 62 times in the 8.5 years since it was last used. This quantity of Bitcoin is now worth $30,395,186, up from $468.60 in 2013. The wallet was activated and the Bitcoin was sold, making the owner a millionaire and a cryptocurrency whale. Read Full on U.Today.

Bitcoin Mining In Norway Receives Thrives As Planned Ban Gets Rejected

The proposal to restrict Bitcoin mining in Norway was defeated in a vote by the Norwegian Parliament on Tuesday, allowing the cryptocurrency to flourish. The plan to restrict Bitcoin mining in Norway was initially proposed by the Red Party (Norway's communist party) in March of this year. Only Norway's left-leaning parties, such as the Socialist Left Party, the Red Party, and the Green Party, supported a ban on cryptocurrency mining, which was defeated. Read Full on cointelegraph.

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