Crypto News Cast 📮 22-07-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.
24hours Cryptocurrency Market Cap:
📈MarketCap: $1057 B
📊24h Mcap %: 8.10%
⚠️Bitcoin Dom: 42.20%
📌Active Coins: 4550
📍24h Vol %: -0.96%
💲24h Vol: $79 B
Crypto News Updates :
- Shiba Inu Signs A Collaboration With Longtime Marvel Employee, The Third Floor
- Stablecoins Will Be Regulated In The UK Through A New Bill
- World Economic Forum Is Open To Employ A Blockchain And Crypto Tech Lead
- JPMorgan Claims Demand From Retail Crypto Investors Have Increased
- 2025 Is The New Deadline For South Korea’s 20% Cryptocurrency Gain Tax
- After The Merge, Ethereum Will Be 55% Complete, According To Vitalik Buterin
- Goldman Sachs Completes First Blockchain-Based Security Loan Transaction Worth Millions Of Dollars
- Venture Capitalists Invest $29 Billion In Cryptocurrency Companies In 2022
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– Shiba Inu Signs A Collaboration With Longtime Marvel Employee, The Third Floor
A significant collaboration between the Shiba Inu team and The Third Floor (TTF), the busiest visualization studio known for its work on numerous Marvel blockbusters, has been announced. TTF will take charge of artistic development by assisting the creators of the well-known meme coin in defining the virtual worlds for the metaverse project. The Shiba Inu community’s artistically oriented concept was motivating, according to TTF’s chief creative officer Dane Smith. Read Full on U.Today.
– Stablecoins Will Be Regulated In The UK Through A New Bill
In a comprehensive financial measure intended to gradually repeal hundreds of pieces of EU-retained law, the UK Treasury announced that it will seek to regulate certain forms of stablecoins as a method of payment. The government will have new authority to order regulators to examine their financial rules under circumstances that are regarded to be in the public interest through the Financial Services and Markets Bill. Read Full on blockworks.
– World Economic Forum Is Open To Employ A Blockchain And Crypto Tech Lead
The World Economic Forum (WEF) has added its name to the expanding list of significant organizations focusing on the future, which includes a growing role in the cryptocurrency industry and digital assets like Bitcoin (BTC). At its Centre for the Fourth Industrial Revolution (C4IR) Global Network in San Francisco, California, it is looking to fill the role of a Lead for the Blockchain & Digital Assets platform. Read Full on Finbold.
– JPMorgan Claims Demand From Retail Crypto Investors Have Increased
The intensive phase of deleveraging appears to be ending, and demand from ordinary investors in the cryptocurrency market is increasing, according to a report by JPMorgan Chase & Co. (JPM). According to the bank, the most dramatic backwardation episode of 2018 that occurred in May and June appears to be in the past. In advance of the Ethereum Merge, improved investor optimism and higher demand have prompted a market recovery, according to the bank. Read Full on coindesk.
– 2025 Is The New Deadline For South Korea’s 20% Cryptocurrency Gain Tax
The South Korean government has delayed the 20 percent tax on cryptocurrency earnings by two years. The contentious 20 percent tax on cryptocurrency earnings was originally scheduled to take effect on January 1, 2023, but it has been postponed to 2025. Government representatives unveiled their new tax reform ideas on Thursday, delaying the crypto tax policy until 2025 and claiming the need for time to prepare investor safety measures. Read Full on cointelegraph.
– After The Merge, Ethereum Will Be 55% Complete, According To Vitalik Buterin
According to Vitalik Buterin, co-founder of Ethereum, following the Merge, when the network switches from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus system, Ethereum will be roughly 55% complete. According to Buterin, the distinction between Bitcoin and Ethereum is that Bitcoin is seen as being 80% developed. In contrast, Ethereum is now estimated to be just approximately 40% complete; this percentage will rise after the merge. Read Full on Forkast.
– Goldman Sachs Completes First Blockchain-Based Security Loan Transaction Worth Millions Of Dollars
The world’s largest investment bank, Goldman Sachs (NYSE: GS), has announced the completion of the first agency securities lending transaction on the blockchain in association with the distributed ledger-based tokenization platform HQLAx. According to a press release by HQLAx, the transaction featured a combined series of 35-day term trades for an undetermined sum of hundreds of millions of dollars. Read Full on Finbold.
– Venture Capitalists Invest $29 Billion In Cryptocurrency Companies In 2022
The massive sell-off in the present cryptocurrency market doesn’t seem to be deterring venture capitalists from accelerating their investment activities. In 2022, cryptocurrency startups raised over $29 billion, $2 billion less than the $31 billion total value collected in 2021. Notably, the companies raised roughly $5.5 billion in 2020, but in 2021, that amount increased by more than 40%. Read Full on Finbold.
