Crypto News Cast 📮 17-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1293 B
📊24h Mcap %: 17.46%
⚠️Bitcoin Dom: 44.30%
📌Active Coins: 4536
📍24h Vol %: -5.79%
💲24h Vol: $80 B
Crypto News Updates :
- Grayscale, A Bitcoin Investment Firm, Has Launched An ETF In Europe
- Elwood, UK Crypto Trading Platform Gets Investment Backing From Goldman Sachs And Barclays
- Number Of Addresses Owning More Than 1 Bitcoin Reached New All-Time Highs
- Portugal Is Considering Imposing A Cryptocurrency Capital Gains Tax
- Following 15% Price Decline, SHIB Gains 15,000 New Holders In 7 days
- Nomura, Japan’s Largest Investment Bank Launches Cryptocurrency Division
- Audio Streaming Services Provider, Spotify Has Begun Testing NFTs On Its Platform
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– Grayscale, A Bitcoin Investment Firm, Has Launched An ETF In Europe
Grayscale, a crypto investing firm, is expanding its activities in Europe by introducing a new crypto-linked exchange-traded fund (ETF). On May 16, Grayscale launched its first European ETF, the Grayscale Future of Finance UCITS ETF. The London Stock Exchange, Borsa Italiana, and Deutsche Börse’s electronic trading platform Xetra are among the European stock exchanges that will offer the new investment product. Read Full on cointelegraph.
– Elwood, UK Crypto Trading Platform Gets Investment Backing From Goldman Sachs And Barclays
Goldman Sachs and Barclays have joined a $70 million Series A investment round for Elwood Technologies, the institutional crypto trading platform founded by billionaire British hedge fund manager Alan Howard. The company was valued at roughly $500 million after the investment round. Elwood Technologies CEO James Stickland said the fundraising was another proof of crypto’s long-term viability, despite recent price declines. Read Full on cointelegraph.
– Number Of Addresses Owning More Than 1 Bitcoin Reached New All-Time Highs
According to data from blockchain analysis platform Glassnode, the number of Bitcoin addresses with one Bitcoin or more reached an all-time high of 841,224. The rising number of investors has corresponded with Bitcoin’s 55 percent slide from its all-time high of around $68,000 in November of last year. When the asset’s value dropped, huge investors known as whales may have increased their holdings of the asset. Read Full on Finbold.
– Portugal Is Considering Imposing A Cryptocurrency Capital Gains Tax
Fernando Medina, Portugal’s finance minister, indicated on Friday during a working session that crypto assets will be taxed in the near future. The Portuguese tax authorities are actively studying situations from other nations in order to make regulatory recommendations. He highlighted that there couldn’t be any loopholes that result in gains from the sale of assets that aren’t taxed. Read Full on theblockcrypto.
– Following 15% Price Decline, SHIB Gains 15,000 New Holders In 7 days
Shiba Inu, the popular dog meme cryptocurrency, had amassed over 15,000 holders in less than a month as of May 10. However, SHIB has had even more amazing results since then, gaining over 15,000 more in just one week. On May 10th, there were 1,146,848 Shiba Inu holders registered. On the other hand, on May 16, there were 1,161,805 meme token holders, which is 43 holders short of the 15,000 mark.Read Full on Finbold.
– Nomura, Japan’s Largest Investment Bank Launches Cryptocurrency Division
For institutional clients, Japanese investment firm Nomura will start a new company focusing on cryptocurrencies, decentralized finance (DeFi), and non-fungible tokens (NFTs). According to persons familiar with the company’s intentions, Nomura aims to hire roughly 100 staff for the subsidiary by the end of next year. The company will be governed by current management, however there are plans for considerable outside hires.Read Full on theblockcrypto.
– Audio Streaming Services Provider, Spotify Has Begun Testing NFTs On Its Platform
Spotify, the most recent tech business to join the NFT bandwagon, entered the web3 world earlier this month with the introduction of “Spotify Island” on Roblox on May 3. Spotify will now test NFTs on the platform to specifically selected US consumers, starting with a single trial selection of artists, including Steve Aoki and The Wombats. As part of the trial, Spotify has stated that it will not take a portion of the sales. Read Full on theblockcrypto.
