Crypto News Cast For May 9th 2021 ?

in #news3 months ago

Crypto News Cast May 9th 2021

Crypto News Cast 📮 09-05-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $2428 B
📊24h Mcap %: 44.00%
⚠️Bitcoin Dom: 44.50%
📌Active Coins: 6451
📍24h Vol %: 22.54%
💲24h Vol: $249 B

Crypto News Updates :

  • Grayscale Investments Buys More MANA, LPT, LINK and FIL
  • Number of Institutional Wallet with 100-1000 Bitcoins Rising Again
  • American Cancer Society Now Accepts Dogecoin Donation To Fund its Project
  • Bitcoin More Disruptive Than Amazon, Apple, Facebook, Google - MicroStrategy CEO
  • DeFi Market To Hit $1Trillion Next Year, Sergey Nazarov Believes
  • In Venezuela, Binance Trends In Twitter With Over 200k Tweets
  • Miami Mayor Said That Placing Regulations Around Bitcoin Is Too Late
  • Revolut Wants To Make Dogecoin Trading Possible In The Updated App
  • Dogecoin Hits New All-Time High Before Elon Musk SNL Skit

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Grayscale Investments Buys More MANA, LPT, LINK and FIL

Grayscale Investments bought more of MANA, LPT, LINK and FIL altcoins to add to its Cryptocurrency fund. Mana is the altcoin with biggest amount purchased, this means that, it has purchased 16,710 MANA tokens. Grayscale has been buying more of these tokens in the last 30 days. The Investment Giant now has total amount of crypto assets under management worth $51.41 billion, according to data from ByBt. Read Full on U.Today

Number of Institutional Wallet with 100-1000 Bitcoins Rising Again

Glassnode data shows that the Bitcoin supply stored in 100-1,000 wallet range started to Increase again which is bullish for Bitcoin. Lex Moskovski, CIO of Moskovski Capital expounded that the 100-1,000 range of Bitcoin wallets is an indication that financial institutions are storing funds in a particular order on custodial platforms, like Coinbase, BitGo. Coinbase for example stores Bitcoin in lumps of 100 to 120. Read Full on U.Today

American Cancer Society Now Accepts Dogecoin Donation To Fund its Project

The American Cancer Society (ACS) shared in a tweet recently that it now accepts Dogecoin donations. ACS shared that the cryptocurrency donation will help hedge against the funding challenges caused by COVID-19 pandemic. The pandemic decreased its ability to fund research by 50% and also limited their project milestone achievement. Hopefully, DOGE price increase will help it meet its goal. It plans to raise $1 million. Read Full on Crypto Briefing.

Bitcoin More Disruptive Than Amazon, Apple, Facebook, Google - MicroStrategy CEO

MicroStrategy CEO Michael Saylor shared in an interview that Bitcoin is the money solution and store of value of the current 21st century, and the continue to grow speedily. He described Bitcoin as “non-sovereign store of value that doesn’t derive its value from cash flow.” Saylor describes Bitcoin as the fastest growing, and more disruptive than Amazon, Apple, Facebook and Google etc, it moved from $0 to $1 trillion in 12 years. Read Full on The Daily Hodl.

DeFi Market To Hit $1Trillion Next Year, Sergey Nazarov Believes

Chainlink founder Sergey Nazarov strongly believes that the Defi ecosystem is ready for a massive growth, saying it's likely to hit $1 Trillion By Next year. Current data from analytics site DeFi Pulse shows the value locked Up in Defi is $80 billion. Popular Defi like AAVE, MakerDAO, and Uniswap are major influencers of this growth. Chainlink plays a key role as the means that carries off-chain data onto a blockchain. Read Full on Decrypt.

In Venezuela, Binance Trends In Twitter With Over 200k Tweets

Binance this friday, becomes the most trending topic in Venezuela, with more than 200k tweets around The Exchange and Its services. Binance is helping new users in Venezuela to understand the market and how it works, as only very few is familiar with it in the country. Since the launch of binance in 2017, it has allowed Venezuelans conduct crypto trading in the app without any form of restrictions. Read Full on Bitcoin News.

Miami Mayor Said That Placing Regulations Around Bitcoin Is Too Late

Miami Mayor Francis Suarez said in an interview that placing regulations around bitcoin is too late and that it will be very difficult for US and local lawmakers to set restrictions as the adoption of cryptocurrency grows wild. He compared the widespread to when Uber came into Miami and they couldn't stop it due to its fast adoption. He described Crypto as traditional financial products, and added he wants to make Miami a crypto competitive city. Read Full on Decrypt.

Revolut Wants To Make Dogecoin Trading Possible In The Updated App

Revolut, the $5.5 billion London-based digital bank prepares to add dogecoin to their app, so customers can be able to trade with it. Sources said the launch could even happen before Elon Musk's Saturday Night Live this weekend, which has made the price go high over the past week, with a market cap of $90 billion. Revolut's head had said it's their aim to give users the access to all their financial services through the app. Read Full on theblockcrypto.

Dogecoin Hits New All-Time High Before Elon Musk SNL Skit

According to data from the market analytics site, Nomics, Dogecoin just hit an all time high of $0.73 right before Elon Musk's SNL appearance by 8.30pm Today, His Supporters Believe he will speak about the coin during the skit. Dogecoin's Market cap of $95.3 billion almost overtook that of BNB, the third-largest cryptocurrency. Dogecoin is only 1.6% shy of BNB's market cap. Many believe the Skit will push Dogecoin to $1 by Monday as their expectations are all high. Read Full on Decrypt.