Crypto News Cast For May 13th 2021 ?

in #news ā€¢ 4 years ago

Crypto News Cast May 13th 2021

Crypto News Cast šŸ“® 13-05-2021

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

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Crypto News Updates :

  • Tokyo To Become A CryptoHub, Says Japanese Assembly Member
  • Billionaire Stanley Druckenmiller Said Crypto-derived Ledger System Could Replace U.S Dollar
  • Texas House of Rep Passes Crypto and Blockchain-Friendly Bill
  • 100,000 Micro Bitcoin Futures Traded in 6 Days on CME
  • Free Bitcoin From Papa John's Pizza For Every purchase In UK
  • MoneyGram To Allow Customers Purchase Bitcoin Across US Retail Outlets
  • Physically-Backed Bitcoin ETP Starts Trading On Bƶrseā€™s Xetra
  • Vitalik Buterin Donated Over $1B in Crypto to India Covid Relief Fund
  • North America Largest Outdoor Club To Start Accepting Crypto Payments

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Tokyo To Become A CryptoHub, Says Japanese Assembly Member

As the cryptocurrency industry continues to grow, Japan isn't left out as Yuu Ito, A member of the Tokyo Metropolitan Assembly sees the possibility of the country going into digital assets. She also believes high rates in bitcoin tax have kept investors and companies away from Japan. She suggested a tax-free zone for Cryptocurrency in the country and advised more adoption of digital currency will have a positive impact on the economy. Read Full on Bitcoin News.

Billionaire Stanley Druckenmiller Said Crypto-derived Ledger System Could Replace U.S Dollar

Billionaire hedge fund manager Stanley Druckenmiller predicts the possibility of a crypto-derived ledger system, just like the Blockchain replacing the U.S. dollar as a global reserve currency in the future is now more real than ever. Druckenmiller acknowledged that crypto is popularly seen as a hedge against inflation which is becoming increasingly relevant as time passes. He had earlier said Crypto was a solution looking for a problem. Read Full on cointelegraph.

Texas House of Rep Passes Crypto and Blockchain-Friendly Bill

Texas House of Representatives passed a bill to classify cryptocurrencies under commercial law in the state. This bill is an amendment to the stateā€™s Uniform Commercial Code towards blockchain innovation and digital asset regulations. Texas Senate will oversee the bill next for any proposed amendments and then most possibly a final vote of approval which will enable the Texas Governor Greg Abbott to sign the bill into law. Read Full on cointelegraph.

100,000 Micro Bitcoin Futures Traded in 6 Days on CME

CME Group, the worldā€™s largest financial derivatives exchange traded more than 100,000 micro bitcoin futures within the first six days since launch, according to the exchange. This new smaller contract, including the full-size bitcoin futures will strengthen the exchangeā€™s ability to help their clients. The CME expounded that the launch of the Micro Bitcoin futures contract will make the exchange market more accessible to more traders. Read Full on Bitcoin News.

Free Bitcoin From Papa John's Pizza For Every purchase In UK

Free bitcoin is being given to customers in The Uk who buys Pizza from Papa Johnā€™s Pizza. According to Information posted on its official website, the Pizza restaurant gifts Ā£15 off as well as Ā£10 in free bitcoin for every pizza purchase of at least Ā£30. The free bitcoin will be given through Luno, the global cryptocurrency exchange. The offer is online and in these Papa John's Pizza locations namely; Butlins, Haven Holiday Parks, Ribby Hall Village, Planet Ice, on-campus stores, and Ireland. Read Full on Bitcoin News.

MoneyGram To Allow Customers Purchase Bitcoin Across US Retail Outlets

As Crypto Adoption in payment service companies continues to grow, MoneyGram announced that its customers in the United States would now be able to buy Bitcoin in the countryā€™s retail outlets across the country. This is an upgrade from the already existing, withdrawal of crypto to cash through Bitcoin ATM Operators. Most Payment Service Companies like PayPal, Visa and MasterCard are adding a crypto-related feature in their services. Read Full on cointelegraph.

Physically-Backed Bitcoin ETP Starts Trading On Bƶrseā€™s Xetra

Deutsche Bƶrseā€™s Xetra lists The Iconic Fundsā€™ Physical Bitcoin ETP in order to give investors exposure to the digital currency by removing the technicality in investing and holding cryptocurrencies. Trading will start from May 12, 2021 and will attract a 0.95% expense ratio. CEO Patrick Lowry added they're looking at working with their partners and regulators for more ways to bring products forward for crypto-hungry investors. Read Full on Finbold.

Vitalik Buterin Donated Over $1B in Crypto to India Covid Relief Fund

Ethereumā€™s co-founder Vitalik Buterin, donated over $1 billion in crypto to the India Covid Relief Fund and to other charities. The donation consist of large quantities of Shiba Inu coin (SHIB), Dogelon (ELON) and Akita Inu (AKITA) which were gifted to him by the meme tokensā€™ creators. Buterin donated 50 trillion SHIB tokens worth $1.2 billion to the India Covid Relief Fund by Indian tech entrepreneur Sandeep Nailwal. Read Full on Forbes.

North America Largest Outdoor Club To Start Accepting Crypto Payments

Montreal mega-club Beachclub owned by Olivier Primeau becomes the first Canadian club to start accepting crypto payments like Bitcoin and Ethereum. Olivier Primeau announced this to his 754,000 Instagram followers. The new payment option would start next year, while Beachclub work on the necessities. Beachclub is the largest outdoor club in North America with 10,000 people capacity and is patronised by the likes of reality star Kylie Jenner. Read Full on U.Today

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