Crypto News Cast For July 1st 2022 ?

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crypto news cast for july 1st 2022 ?
Crypto News Cast 📮 01-07-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $867 B
📊24h Mcap %:        3.10%
⚠️Bitcoin Dom:        42.50%

📌Active Coins:       4547
📍24h Vol %:           0.47%
💲24h Vol:               $69 B

Crypto News Updates :

  • TikTok Star Khaby Lame Is Appointed As A Brand Ambassador By Binance
  • Europe Will Be Getting Its First Bitcoin ETF In This July
  • Users Can Invest Spare Change In Bitcoin Using The Cash App
  • CZ Backs Michael Saylor, Says He’ll Have The Last Laugh
  • Samsung Will Start Producing 3NM Chips That Could Be Used For Bitcoin Mining
  • Grayscale Files A Lawsuit Against The Bitcoin Spot ETF’s Denial
  • Bitcoin Miners Maintains Stable Power Despite The Recent Bitcoin Price Drop

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– TikTok Star Khaby Lame Is Appointed As A Brand Ambassador By Binance

The Italian-Senegalese creative Khaby Lame, who rose to stardom with his popular TikTok films, has collaborated with Binance to become a worldwide brand ambassador. In this multi-year relationship, he will address some of the misconceptions surrounding Web3 using his distinctive approach. Additionally, Lame and Binance will collaborate on special NFT collections to improve the experience for his followers. Read Full on prnewswire.

– Europe Will Be Getting Its First Bitcoin ETF In This July

A European first spot Bitcoin ETF will be introduced in July, according to Jacobi Asset Management. The Jacobi Bitcoin ETF will be the name of the exchange-traded fund, which will be listed on Euronext Amerstdam. Institutional and professional investors in Europe will be able to purchase Bitcoin through the ETF using the ticket BCOIN. Jacobi wants to make investing in digital assets for institutional and professional investors easier and more familiar. Read Full on cryptoslate.

– Users Can Invest Spare Change In Bitcoin Using The Cash App

Users of Block Inc.’s Cash App now have the option to invest their spare change in stocks and Bitcoin thanks to a new feature. Users of Cash App will see the value of their purchases rounded to the closest dollar by using the new round-up feature. This feature will be accessible On the Cash App’s Cash Card, a line of debit cards provided by its financial partners. The news comes shortly before the company’s Cash App Day. Read Full on Crypto Briefing.

– CZ Backs Michael Saylor, Says He’ll Have The Last Laugh

Michael Saylor, CEO of MicroStrategy, has the backing of Binance CEO Changpeng Zhao, who tweeted that Saylor will ultimately get the last laugh. This Follows the statement that MicroStrategy would purchase an extra $10 million worth of Bitcoin. Which was ridiculed in light of the fact that the business intelligence organization is currently sitting on enormous losses totaling more than $1 billion. Read Full on U.Today.

– Samsung Will Start Producing 3NM Chips That Could Be Used For Bitcoin Mining

According to reports, Samsung will begin testing three nanometer (3nm) chips for application-specific integrated circuits (ASICs), the most effective equipment for mining bitcoin, this week. ASIC producer PanSemi from China will be the first client, and Qualcomm might join later. Chips with 3nm foundry fabrication may have lower power consumption, faster speeds, and more transistors. Read Full on Bitcoin Magazine.

– Grayscale Files A Lawsuit Against The Bitcoin Spot ETF’s Denial

In response to the SEC’s denial of the firm’s request to convert Grayscale Investments’ Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin (BTC) exchange-traded fund (ETF), Grayscale Investments has filed a lawsuit against the SEC. The most recent judgment demonstrates that SEC is acting arbitrarily and capriciously by failing to treat identical investment vehicles consistently. Read Full on cointelegraph.

– Bitcoin Miners Maintains Stable Power Despite The Recent Bitcoin Price Drop

The total processing power required to execute transactions for Bitcoin, or the hash rate, has been stable at roughly 215 EH/s over the course of the past 30 days, after reaching a record high of 220 EH/s in May. Despite the low price of bitcoin, there is now more competition due to the hash rate’s rising trajectory before stabilizing in June. Bitcoin’s extreme volatility has coincided with the steadiness of the mining hash rate. Read Full on Finbold.
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