Crypto News Cast 📮 14-07-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $882 B
📊24h Mcap %: 3.56%
⚠️Bitcoin Dom: 42.80%
📌Active Coins: 4548
📍24h Vol %: -0.80%
💲24h Vol: $68 B
Crypto News Updates :
- Brazil’s Largest Payments App’s 65 Million Users Can Now Purchase Bitcoin
- Brave Browser Now Supports Solana dApps Integration On The Platform
- Despite The Bear Market, A Korean Financial Company Aims Hiring 10,000 Web3 Workers
- Within 24 Months, CoinShares CSO Sees Bitcoin Hitting New Highs
- Binance Has Successfully Removed $444M Worth Of BNB Tokens From Circulation
- Michael Saylor Reveals Bitcoin’s True Value Despite Record Inflation
- Disney Has Chosen Polygon To Be Part Of Its 2022 Accelerator Program
- Rio de Janeiro Wants To Be The Hub Of Brazil’s Crypto Ecosystem
- As The Merge Approaches, Institutional Investors’ Perception Of ETH Has Improved
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– Brazil’s Largest Payments App’s 65 Million Users Can Now Purchase Bitcoin
As its first cryptocurrency product offering, Brazilian financial app PicPay will introduce an in-app cryptocurrency exchange that will let its over 65 million users trade in bitcoin and other cryptocurrencies. PicPay aims to incorporate cryptocurrency payments into the economy as well as providing an exchange that lets users purchase, sell, and hold bitcoin. PicPay users will have access to educational resources within the app. Read Full on Bitcoin Magazine.
– Brave Browser Now Supports Solana dApps Integration On The Platform
The Solana-based decentralized applications are now supported by the cryptocurrency-focused web browser Brave in its 1.41 version. The most current integration in the updated browser makes it possible to access Web3 and decentralized financing in more convenient ways. The integration of dApps is currently only supported by the browser’s desktop version. The announcement states that Brave will soon allow support for the mobile version. Read Full on U.Today.
– Despite The Bear Market, A Korean Financial Company Aims Hiring 10,000 Web3 Workers
In order to create roughly 10,000 new Web3 employment over the next five years, Dunamu, a significant South Korean fintech company that runs the cryptocurrency exchange Upbit as well as a number of other blockchain and securities platforms, plans to invest 500 billion won ($380 million). According to reports, the company is thinking about providing particular software and financing to entice additional businesses to enter the Web3 sector. Read Full on cointelegraph.
– Within 24 Months, CoinShares CSO Sees Bitcoin Hitting New Highs
Although Bitcoin (BTC) may still see further declines, Meltem Demirors, chief strategy officer at CoinShares, thinks the leading cryptocurrency will break new record highs within the next 24 months. However, Demirors thinks there is still room for a downward correction given that Bitcoin is currently approximately 65 percent below its all-time highs in November 2021, but she doesn’t anticipate it falling below $14,000. Read Full on cointelegraph.
– Binance Has Successfully Removed $444M Worth Of BNB Tokens From Circulation
The most recent auto-burn event by BNB Chain has ended, dramatically lowering the amount of BNB in circulation. Notably, 1,959,595.29 BNB tokens totaling more than $444 million were burned on the Binance network. The entire amount burnt represents 1.2 percent of the stock in circulation. To date, Binance has burnt more than 38,683,447 BNB, making considerable progress toward its long-term objective of cutting the entire supply of BNB by 50%.Read Full on Crypto Briefing.
– Michael Saylor Reveals Bitcoin’s True Value Despite Record Inflation
The record U.S. inflation rate, which hit an all-time high and precipitated yet another round of asset sales, was the main topic of conversation on financial markets, and in particular in the cryptocurrency space. Crypto Enthusiast and The CEO of MicroStrategy, Michael Saylor, Saylor addressed the issue and reiterated his opinion on the true value of BTC, stating that 1 Bitcoin is worth exactly 1 Bitcoin. Read Full on U.Today.
– Disney Has Chosen Polygon To Be Part Of Its 2022 Accelerator Program
The layer-2 scaling platform Polygon has been chosen to participate in Disney’s 2022 Accelerator Program, which will start this week, to expand on Polygon’s Web3 technology. According to a statement from The Walt Disney Company, the Ethereum scaling platform is one of the six projects approved into the Accelerator Program, which this year’s focus is on augmented reality (AR), non fungible tokens (NFTs), and artificial intelligence (AI). Read Full on cointelegraph.
– Rio de Janeiro Wants To Be The Hub Of Brazil’s Crypto Ecosystem
The use of cryptocurrencies is expanding at a rate that has never been seen before. In the same way that Rio de Janeiro, a popular tourist destination in Brazil, renewed plans to integrate with Bitcoin (BTC) and the cryptocurrency market, with the goal of making the city “The Crypto Ecosystem Of Brazil,”, according to Municipal Secretary of Finance and Planning Andrea Senko. Senko reaffirmed the city’s desire to adapt to the ever growing system. Read Full on Finbold.
– As The Merge Approaches, Institutional Investors’ Perception Of ETH Has Improved
Despite the recent decline in Ether (ETH) pricing, there are indications that professional investors are becoming more interested in the asset as the much awaited Merge closes in. For the third week running, Ether-based products experienced massive inflows. Institutional Ether funds have recorded an inflow of $7.6 million while Bitcoin (BTC) funds recorded a loss of $1.7 million in outflows. Read Full on cointelegraph.
