Crypto News Cast For May 11th 2021 ?

in #news3 months ago

Crypto News Cast May 11th 2021 ?

Crypto News Cast 📮 11-05-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2462 B
📊24h Mcap %: -6.32%
⚠️Bitcoin Dom: 42.80%
📌Active Coins: 6452
📍24h Vol %: 45.00%
💲24h Vol: $282 B

Crypto News Updates :

  • Tom Brady Changes His Twitter Profile To Laser Eyes
  • The UBS, Swiss Bank Opens Crypto Investment Option For Rich Clients
  • Dogecoin, Bitcoin and Ethereum Now Accepted by Chinese Tea Company
  • Some Users Can Now Test China’s Digital Yuan In Alipay
  • Bitcoin To $250,000 As Speculations Increases Around It, Says Mark Yusko
  • Encourage Crypto Services And Regulate Cryptocurrencies, Chandra Advises Indian Government
  • Elon Musk Made a Twitter Poll on Whether Tesla Should Accept Doge
  • SpaceX to launch ‘DOGE-1 mission to the Moon’ in Q1 2022

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Tom Brady Changes His Twitter Profile To Laser Eyes

Tom Brady, the seven time Super Bowl champion, adds “laser eyes” to his twitter profile picture, a trendy indication of one’s support for Bitcoin. He did so after it was rumored he had been investing in Bitcoin. Laser eyes is a meme Bitcoiners use to show that they are patiently waiting for Bitcoin to hit $100,000. Earlier this year Tom Brady announced he will be launching an NFT platform, Autograph, which will allow celebrities to create non-fungible tokens. Read Full on Forbes.

The UBS, Swiss Bank Opens Crypto Investment Option For Rich Clients

UBS now offers investment opportunities in crypto to its wealthy client. Due to the asset's volatility, this opportunity will be limited to a very small portion of the clients’ total wealth. UBS CEO, Ralph Hamers explained that the plan is to meet its client's digital expectations and he's out to improve the Bank's digital services. This shows more institutions are after the adoption of cryptocurrency in their plans. Read Full on cointelegraph.

Dogecoin, Bitcoin and Ethereum Now Accepted by Chinese Tea Company

Urban Tea is reported to have started accepting Dogecoin, Ethereum and Bitcoin as payments option in all of its Chinese stores. American restaurants in the New York uses same cryptocurrencies for payment method. Urban Tea CEO, Xianlong Wu says its his plan to make digital currencies part of the lives of its customers. This is huge for the crypto space as China is the biggest Tea Producers in the world. Read Full on U.Today

Some Users Can Now Test China’s Digital Yuan In Alipay

Users can now link their Alipay's (Ant Group owned mobile payment platform) account to the country's digital yuan app. This update is in response to China’s central bank digital currency project. Ant Group partnership becomes stronger as China’s central bank is using the firm’s mobile app development environment to create digital yuan-linked apps. This testing is active in six state banks with user wallets for digital yuan. Read Full on cointelegraph.

Bitcoin To $250,000 As Speculations Increases Around It, Says Mark Yusko

Morgan Creek Capital Management’s Mark Yusko, believes bitcoin will skyrocket to $250,000 within 5 years. He added that bitcoin is beyond just a token of value. He decribes it as a network of adoption and increased usage, he said it's a technological evolution that's not going into extinction. He believes that Bitcoin is the Digital Gold, also mentioning that most assets have tripled their value in 2021. Read Full on CNBC.

Encourage Crypto Services And Regulate Cryptocurrencies, Chandra Advises Indian Government

Subhash Chandra Garg, Former finance secretary have advised the government not to ban cryptocurrency but to allow it and put regulations around it. He says the country should also allow crypto assets and encourage the crypto services. However, the initially proposed crypto bill that was to be released after the parliament meeting was delayed and the government haven't announced a new plan as regarding the bill. Read Full on Bitcoin News.

Elon Musk Made a Twitter Poll on Whether Tesla Should Accept Doge

Elon Musk, CEO of Tesla made a Twitter post consisting of a poll asking the Community whether Tesla should accept dogecoin (DOGE). DOGE is a meme cryptocurrency has massively surged 22,000% in the last one year and is currently fourth-largest Cryptocurrency by market cap of about $68 billion. Elon Musk Labelled himself the Dogefather, and has been a fan of dogecoin over the last few years. Read Full on theblockcrypto.

SpaceX to launch ‘DOGE-1 mission to the Moon’ in Q1 2022

Geometric Energy Corporation announced that Elon Musk’s SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of 2022. SpaceX will accept DOGE as full payment for the lunar payload. SpaceX Confirmed this with an email. Tom Ochinero SpaceX vice president of commercial sales, shared that “DOGE-1 will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.” Read Full on CNBC.