Crypto News Cast For July 12th 2022 ?

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crypto news cast for july 12th 2022 ?
Crypto News Cast 📮 12-07-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $886 B
📊24h Mcap %:       -19.88%
⚠️Bitcoin Dom:        42.90%

📌Active Coins:       4547
📍24h Vol %:           4.80%
💲24h Vol:               $58 B

Crypto News Updates :

  • Kenya Has The Highest Percentage Of Cryptocurrency Owners In Africa
  • Despite The Slow Market, Shiba Inu (SHIB) Adds 20,000 Holders In A Month
  • Grayscale’s GBTC Is Surpassed In Trading Volume By ProShares’ Bitcoin ETF
  • South Korean SK Telecom Intends To Release Blockchain-Based Digital Currency And NFTs
  • Arthur Hayes Maintains His Prediction Of $1 Million Bitcoin Price
  • A New Bitcoin ETN With Physical Backing Just Debuted In Germany
  • In October 2022, G20 Regulator Will Present Worldwide Crypto Laws
  • Media House, Playboy To Create A ‘MetaMansion’ In The Metaverse

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– Kenya Has The Highest Percentage Of Cryptocurrency Owners In Africa

According to the most recent data from the United Nations Conference on Trade and Development (UNCTAD), Kenya has the greatest percentage of people who hold cryptocurrencies out of all the African nations. Kenya has the greatest rate of digital currency ownership in Africa and ranks sixth internationally, according to data from the most recent (UNCTAD) policy brief, at 8.5% of the population.Read Full on Bitcoin News.

– Despite The Slow Market, Shiba Inu (SHIB) Adds 20,000 Holders In A Month

Shiba Inu (SHIB) is now trading significantly below its all-time high, which it hit in October 2021, but interest in the dog meme token seems to be growing despite the general gloomy feeling in the cryptocurrency market and the fact that it is currently trading below its all-time high. Over 20,000 new investors have got huge interest on SHIB in the past month as interest in the decentralized finance (DeFi) asset has increased. Read Full on Finbold.

– Grayscale’s GBTC Is Surpassed In Trading Volume By ProShares’ Bitcoin ETF

According to data given by Eric Balchunas of Bloomberg, the ProShares Bitcoin Strategy exchange-traded fund has surpassed the Grayscale Bitcoin Trust in terms of daily trading volume. ProShares Bitcoin Strategy exchange-traded fund, The first U.S Bitcoin ETF, known as BITO, saw average daily trading volume of $170 million. The leading cryptocurrency money manager’s prized possession, GBTC, reported $137.9 million. Read Full on U.Today.

– South Korean SK Telecom Intends To Release Blockchain-Based Digital Currency And NFTs

The largest telecom company in South Korea, SK Telecom, has joined forces with Atomix Lab and AhnLab Blockchain Company to create a digital wallet that can support digital currencies, nonfungible tokens, and digital credentials. For the blockchain wallet, Atomix Lab will deploy safe multiparty computation encryption while SK Telecom and AhnLab Blockchain Company take over the business.Read Full on cointelegraph.

– Arthur Hayes Maintains His Prediction Of $1 Million Bitcoin Price

Former BitMEX CEO Arthur Hayes has reiterated his wildly optimistic Bitcoin price forecast, predicting that the value of the biggest cryptocurrency will eventually reach a staggering $1 million. The controversial businessman has taken action to tell his supporters to wait it out in the market. He continued by saying that the leading cryptocurrency would need some time to attain the predicted milestone aim. Read Full on U.Today.

– A New Bitcoin ETN With Physical Backing Just Debuted In Germany

A new physically backed exchange-traded note (ETN) has been introduced by German financial services company EQONEX Limited (NASDAQ: EQOS) on the Deutsche Börse XETRA Exchange as its first investor offering. German investors can trade back and forth between the asset and the EQONEX Bitcoin ETN using standard brokerage services. Investors also have the option to redeem actual bitcoin for free using a Digivault custody account. Read Full on Bitcoin Magazine.

– In October 2022, G20 Regulator Will Present Worldwide Crypto Laws

The Financial Stability Board (FSB), a global financial regulator including all G20 countries is getting ready to suggest worldwide rules for cryptocurrencies in October. Another public consultation paper with recommendations for improving global consistency in regulatory and supervisory approaches to other crypto-assets is also something the G20 authority intends to present. The recent collapse in cryptocurrency markets has increased FSB’s interest in crypto rules. Read Full on cointelegraph.

– Media House, Playboy To Create A ‘MetaMansion’ In The Metaverse

Internationally renowned media business, Playboy is collaborating with The Sandbox (SAND) to create Playboy’s “MetaMansion” inside the metaverse, giving the party mansion’s iconic design a home in the virtual world. The MetaMansion will include mini-games, social gatherings, planned events, and ongoing digital collectible releases, all of which will draw inspiration from the more than 70 years that the company has spent publishing. Read Full on Finbold.
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