Crypto News Cast For May 12th 2021 ?

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Crypto News Cast May 12th 2021

Crypto News Cast 📮 12-05-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2452 B
📊24h Mcap %: -6.00%
⚠️Bitcoin Dom: 42.40%
📌Active Coins: 6452
📍24h Vol %: -54.70%
💲24h Vol: $220 B

Crypto News Updates :

  • Gold Advocate Peter Schiff Ethereum May Surpass Bitcoin By Market Cap
  • Justin Sun Offers Elon Musk $50M Dogecoin To Launch Satellite For Tron
  • Mark Zuckerberg Posts a Photograph of His Goat Named Bitcoin
  • Nebraska Lawmakers Work Towards Bill To Enable Banks Offer Crypto
  • SEC Receives Another Bitcoin ETF Application Filed By CBOE
  • Bitcoin Now An Option Of Payment In Peter Thiel's Palantir Technologies
  • To Attract "Billions" To Country's Budget, Crypto Tax Slashed By 50%
  • Coinbase Mobile App Tops TikTok, YouTube, Others on Apple App Store

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Gold Advocate Peter Schiff Ethereum May Surpass Bitcoin By Market Cap

Peter Schiff, major gold advocate predicts in a recent tweet that Ethereum will outperform Bitcoin by market capitalization. The ETH/BTC pair has done up to %191 year to date. However, Bitcoin’s dominance declines up to 40 percent. Schiff has shown a lot interest in both Bitcoin and Ethereum. However, while he shared his opinion about Ethereum flipping Bitcoin, he still supports gold. Read Full on U.Today

Justin Sun Offers Elon Musk $50M Dogecoin To Launch Satellite For Tron

Justin Sun, Founder of Tron offers Elon Musk $50 million worth of dogecoin to fund the launch of SpaceX satellite to the moon for Tron and BitTorrent. Sun told Musk to accept the offer since the first transactions need to be paid from a customer order, and he would be happy to pay with dogecoin. Musk had earlier announced that his company company will accept dogecoin as payment for the ‘DOGE-1 to the moon’ satellite starting first Quarter of 2022. Read Full on Finbold.

Mark Zuckerberg Posts a Photograph of His Goat Named Bitcoin

Facebook Co-Founder, Chairman, and CEO Mark Zuckerberg posted a photograph of two of his goats, one of which is named “Bitcoin”. This got his followers excited because the photograph could be an indication that he either invested in Bitcoin or is about to. His post stirred some comments on Twitter. One of the tweets hinted that Facebook CEO having a goat named Bitcoin and a Company worth over $20 million is significant. Read Full on CryptoGlobe.

Nebraska Lawmakers Work Towards Bill To Enable Banks Offer Crypto

Nebraska lawmakers are working towards setting up an initiative that would allow state banks to offer cryptocurrency services, after Wyoming. 3 votes from State Senators moved in the favor of the initiative, with 39 votes in favor of advancement of the bill for enrollment and initial review on Sunday. With this initiative Nebraska would become the second state in the United States to set up a bill to enable banks facilitate crypto transactions Read Full on cointelegraph.

SEC Receives Another Bitcoin ETF Application Filed By CBOE

The Chicago Board Options Exchange submitted another application to SEC to list Fidelity’s Wise Origin Bitcoin Exchange-Traded Fund which was initially submitted in March. Form 19b-4 filed by CBOE as the exchange partner for Fidelity’s Bitcoin ETF made SEC to resume approval process. The SEC has 240 days to evaluate the filing and decide whether to extend or reject the application. VanEck, WisdomTree and SkyBridge Capital also awaits approval by SEC. Read Full on cointelegraph.

Bitcoin Now An Option Of Payment In Peter Thiel's Palantir Technologies

Palantir Technologies, The Data analytics company owned by Peter Thiel announced that its clients can now make payments in bitcoin. It was reported By CBCN in a Q1 earnings call on Tuesday that Palantir, with market capitalization of nearly $34 billion is planning to add bitcoin on its balance sheet. It's noted that Peter Thiel's PayPal and Venmo already allows users to buy and sell cryptocurrrencies through their platform. Read Full on CNBC.

To Attract "Billions" To Country's Budget, Crypto Tax Slashed By 50%

Hungary's economy minister, Mihály Varga announced that the tax on crypto earnings will be slashed to 15% in 2022 ie. half of its current rate at 30.5 percent. The move is to attract billions to the country's budget. He wants to make Hungary "the Wyoming of Europe," in relative to the U.S most crypto-friendly state. This measure also is targeted at getting the country back on its feet after the pandemic took a toll on its economy. Read Full on U.Today

Coinbase Mobile App Tops TikTok, YouTube, Others on Apple App Store

Major U.S-based cryptocurrency exchange Coinbase’s mobile app surpasses TikTok, YouTube, Facebook, Instagram, and Robinhood trading app on the Apple App Store. This was seen on the Top Charts list on the Apple App Store. Also, Cash App, which allows users to send money and buy Bitcoin is on number 12 position at the time of writing, while Binance and Trust apps are at number 16 and17, respectively. Read Full on cointelegraph.