Crypto News Cast 📮 23-07-2022
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: $1018 B
📊24h Mcap %: -34.23%
⚠️Bitcoin Dom: 41.70%
📌Active Coins: 4550
📍24h Vol %: -16.32%
💲24h Vol: $58 B
Crypto News Updates :
- California Will Permit Politicians To Accept Bitcoin Campaign Contributions
- Governor Of Philippine Central Bank Affirms There’s No Plans To Ban Cryptocurrency
- Workers In Unpredictable Economies Are More Inclined To Accept Cryptocurrency Payments
- Cyprus’ SEC Grants Regulatory Approval To Cryptocurrency Exchange, Crypto.com
- Africa Open Source Cohort Launched by Bitcoin Nonprofit ₿trust
- 50 Fintech Experts Forecast That Solana Will Trade At $45 By Year End
- Boston Consulting Group Reports Crypto Users Will Reach 1 Billion By 2030
- Despite The Bear Market, Bitcoin Lightning Network Capacity Reaches A New High
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– California Will Permit Politicians To Accept Bitcoin Campaign Contributions
A recent law in California allows candidates for state and local government to accept cryptocurrency donations. The new provision was approved by the state’s Fair Political Practices Commission, which led to the passage of the new law, which will go into effect in 60 days. The new regulation allows candidates to accept cryptocurrency contributions if they can quickly convert the digital funds into money. Read Full on Finbold.
– Governor Of Philippine Central Bank Affirms There’s No Plans To Ban Cryptocurrency
Asia’s central banks have been very clear about where they stand on cryptocurrencies with some people wanting it outlawed, while others welcome it as an emerging technology. According to Felipe Medalla, the new governor of the Bangko Sentral ng Pilipinas (BSP), outlawing cryptocurrencies is not an option. That’s fantastic news for cryptocurrency users in the Philippines, which, according to polling and survey website Finder, is the fifth-largest crypto market in the world.Read Full on Forkast.
– Workers In Unpredictable Economies Are More Inclined To Accept Cryptocurrency Payments
According to international recruiting site Deel, those who live in countries with unstable economies are more likely to get paid in bitcoin. These included nations in the Middle East, Africa (EMEA), and Latin America (LATAM). The company discovered that, despite the 2022 bad market, crypto accounted for 5% of all monthly global withdrawals from the platform, up from 2% in the second half of 2021. Read Full on cointelegraph.
– Cyprus’ SEC Grants Regulatory Approval To Cryptocurrency Exchange, Crypto.com
Crypto.com, a cryptocurrency exchange based in Singapore, is actively extending its reach, becoming the newest cryptocurrency company to receive official authorization from the Cyprus Securities and Exchange Commission (CySEC) to offer its services there. With the clearance, Crypto.com is now permitted to provide a variety of goods and services to customers in Cyprus in accordance with national laws. Read Full on cointelegraph.
– Africa Open Source Cohort Launched by Bitcoin Nonprofit ₿trust
A nonprofit company called ₿trust has chosen Vladimir Fomene to be a founding member of their Africa Open Source Cohort in an effort to decentralize Bitcoin software development by identifying, training, and compensating Bitcoin engineers in the developing world (Africa, Asia, Oceania, Latin America and the Caribbean). The Africa Open Source Cohort program of ₿trust is meant for long-term involvement. Starting off, new members will be required to sign a one-year contract.Read Full on coindesk.
– 50 Fintech Experts Forecast That Solana Will Trade At $45 By Year End
According to the consensus of 54 crypto and Web3 fintech specialists, Solana will end the year 2022 at a price of $45, according to the findings of the most recent Finder price predictions research. Additionally, Looking farther into the future, the panel predicted that Solana’s value will be about $166 by the end of 2025 and then rise to $512 by the end of 2030. In particular, 40% of panelists said that it was best to buy SOL right away. Read Full on Finbold.
– Boston Consulting Group Reports Crypto Users Will Reach 1 Billion By 2030
It’s common for those outside of the crypto world to think that it’s too late to start investing in cryptocurrency after seeing the price of Bitcoin. According to a survey, the industry is still in the early stages of the adoption curve, nevertheless. The analysis indicates that there is still a great deal of space for acceptance within the cryptocurrency sector and forecasted that, if the trendline continues on current trajectory, there may be 1 billion crypto users by 2030. Read Full on cointelegraph.
– Despite The Bear Market, Bitcoin Lightning Network Capacity Reaches A New High
The ongoing cryptocurrency bear market hasn’t stopped the Bitcoin Lightning Network’s (LN) expansion, which has now reached another milestone. According to on-chain data from cryptocurrency analysis platform Glassnode, the total capacity of the Lightning Network in public channels has reached 4,290 Bitcoin, an increase of 34.6 percent and 1,102 BTC since Bitcoin’s price hit its most recent record high of nearly $68,000 in November last year. Read Full on Finbold.
