Crypto News Cast For April 4th 2021 ?

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Crypto News Cast For April 4th 2021

Crypto News Cast 📮 04-04-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1938 B
📊24h Mcap %: -25.30%
⚠️Bitcoin Dom: 56.40%
📌Active Coins: 5986
📍24h Vol %: 0.72%
💲24h Vol: $153 B

Crypto News Updates :

  • Russia’s Central Bank Introduces A ‘Two-tier System’ For Digital Ruble
  • Songwriters And Producers Now Receive Payments In Bitcoin By Music Company
  • Tyler Winklevoss Believes United States is Unlikely To Ban Crypto
  • Miners Accumulate 8,874 of Newly-minted BTC According to Glassnode
  • Total Value Locked in ETH2.0 Contract Hits New All-time High
  • Cryptocurrency Exchange Volumes Surpassed $1 Trillion In A Row In March
  • Shopify CEO Plans Integrating E-Commerce Giant Into DeFi Ecosystem
  • A Hydropower Hub In China Reveals "Blockchain Computing" Plan
  • Snoop Dogg Believes In Bitcoin Says It Is Here to Stay
  • Orion Protocol Becomes First Liquidity Aggregator For Cardano Blockchain
  • Paris Hilton, Long Time Bitcoiner Very Excited About Bitcoin

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Russia’s Central Bank Introduces A ‘Two-tier System’ For Digital Ruble

The central bank of Russsia made it known on Thursday that banks would be opening digital wallets with the regulator, serving as intermediaries for companies and customers. They made their intention known last October, saying it can issue the digital ruble on top of existing cash and non-cash rubles to facilitate payments. A distributed ledger technology is being used for this. Also noted that accessing one’s wallet through another organization would be possible. Read Full on BitcoinExchangeGuide.

Songwriters And Producers Now Receive Payments In Bitcoin By Music Company

The music industry is also interested in endorsing the cryptocurrency, as The Founder of a music company, Dr. Luke with over 20 years experience in music now offers songwriters and producers an option to be paid in bitcoin. Bitpay, crypto payments provider helped make this possible. Dr. Luke is not a stranger to the crypto and blockchain space, as he's an early investor in the North America-based digital asset miner Blockcap. Read Full on Bitcoin News.

Tyler Winklevoss Believes United States is Unlikely To Ban Crypto

Gemini CEO and co-founder Tyler Winklevoss believes that the United States is unlikely to ban Cryptocurrencies because of the many orders set in the courts in the favor of Crypto. For instance, The Coinflip court order, tagged CFTC (Commodity Futures Trading Commission) enforcement action sees Bitcoin as a commodity like gold. He also believes that the regulators are also stakeholders as they are looking out for companies and users alike. Read Full on cointelegraph.

Miners Accumulate 8,874 of Newly-minted BTC According to Glassnode

Lex Moskovski, CIO of Moskovski Capital shared data from a recent glassnode chart showing that Bitcoin Miner Position indicator has become positive. This means that Miners have started accumulating their newly-minted Bitcoin instead of selling them. They have been increasing their BTC positions. Miners have added $523,647,640 worth of Bitcoin for the long-term that is a total of 8,874 BTC. Read Full on U.Today

Total Value Locked in ETH2.0 Contract Hits New All-time High

Ethereum, the second largest cryptocurrency by market cap hit a new all-time high of $2,152 on Friday. Reports from Glassnode charts, the total value locked (TVL) in the Ethereum 2.0 deposit contract skyrockets past $7.6 billion equivalent of 3,645,442 ETH, a new all-time-highs. The last all-time-high for total value locked was on April 1, $6,911,649,697. Withdrawal from exchanges also hit new highs. Read Full on U.Today

Cryptocurrency Exchange Volumes Surpassed $1 Trillion In A Row In March

According to data compiled by The Block, it calculated that spot trading volumes for March totaled $1.17 trillion. A breakdown of March’s crypto-only exchange volumes shows that 65% of it came from Binance, 18% from Huobi, and 15% from OKEx. March’s total for fiat exchange volumes was $406.51 billion. The top three crypto exchanges with fiat support were Coinbase, Upbit, and Kraken. Read Full on theblockcrypto.

Shopify CEO Plans Integrating E-Commerce Giant Into DeFi Ecosystem

The CEO of an e-commerce giant is publicly considering how to integrate his company with the decentralized finance (DeFi) ecosystem. He made this known On Friday night in a Twitter message asking the DeFi community what “role” Shopify could play in the growing financial vertical. This is a major breakthrough if it comes through, as one of the most important catalysts for adoption in DeFi’s short history. Read Full on cointelegraph.

A Hydropower Hub In China Reveals "Blockchain Computing" Plan

The government of the Chinese province of Yunnan ready to support local blockchain development. The plan was published on Friday. Part of the development is by providing state subsidies to startups in the space for rent and talent recruitment. As of April 2020, Alternative Finance data shows that mining facilities in Yunnan accounted for 5.4% of the global bitcoin computing power. These mining farms have sourced electricity directly from hydropower plants. Read Full on theblockcrypto.

Snoop Dogg Believes In Bitcoin Says It Is Here to Stay

Speaking in an interview with Vanity Fair, Snoop Dogg has said he believes in bitcoin, the (blockchain) technology behind the crypto asset and the global connection it creates. The celebrity adds that he has been around long enough to “know it’s here to stay.” Snoop Dogg also discussed non-fungible token (NFT) assets and how this is set to be “the next big thing.” According to Snoop Dogg, NFTs provides him with a direct connection to his fans and community. Read Full on Bitcoin News.

Orion Protocol Becomes First Liquidity Aggregator For Cardano Blockchain

The Orion protocol becomes Cardano's first liquidity aggregator after their recent partnership with IOHK on April 2nd, 2021 for improved scalability and sustainability for Decenctralized Finance and Non-fungible Token platforms. Orion Protocol serves as a decentralized gateway for digital asset market. The Protocol aggregates liquidity from decentralized and centralized crypto exchanges, and swap platforms into one decentralized space. Read Full on ZyCrypto.

Paris Hilton, Long Time Bitcoiner Very Excited About Bitcoin

Paris Hilton, business-savvy influencer disclosed in a recent interview that she has been a long time Bitcoiner. Hilton is super excited about the number one cryptocurrency by market cap, saying that the cryptocurrency is definitely the future. The socialite turned business mogul is also planning to launch her first set of non-fungible tokens (NFTs) this month after partnering with some “incredible” artists. Read Full on U.Today

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