Crypto News Cast For July 8th 2022 ?

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8 Min Read

crypto news cast for july 8th 2022 ?
Crypto News Cast 📮 08-07-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $955 B
📊24h Mcap %:        11.49%
⚠️Bitcoin Dom:        43.40%

📌Active Coins:       4547
📍24h Vol %:           18.55%
💲24h Vol:               $80 B

Crypto News Updates :

  • UAE To Open First Medical Tourism Hospital In Metaverse
  • 85% Of Business Owners Says Cryptocurrency Payments Is Attractive To New Clients
  • Following New Nothing Collaboration, Polygon Will Enable Web3 Functionality In Smartphones
  • Dogecoin Will Be Accepted By Elon Musk’s Boring Company For Las Vegas Loop
  • On-Chain Data Shows Bitcoin Is Secure, According To CryptoQuant Analyst
  • Reddit Introduces NFT marketplace For Distinctive Collectibles Avatars
  • Opera Crypto Browser Integrates Coin98, Fostering Web3 Access In Southeast Asia
  • According To R. P. Stoeferle, Bitcoin Has Overshadowed Gold As Store Of Value
  • All Robinhood Users Are Able To Transfer And Receive Bitcoin On The Platform
  • Bloomberg Analyst Predict A Positive BTC Comeback Within 6 Months

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– UAE To Open First Medical Tourism Hospital In Metaverse

Thumbay UAE Medical Group provides long-term care patients who have undergone surgery for at least six months, are bedridden, or are paralyzed with augmented reality and virtual reality metaverse technology. The virtual hospital wants to assist people in other ways as well, such as those who have enduring disabilities. Patients can use avatars to visit this fully functional virtual hospital. They can communicate with doctors through avatars as well. Read Full on BeInCrypto.

– 85% Of Business Owners Says Cryptocurrency Payments Is Attractive To New Clients

According to the “Paying With Cryptocurrency” report, 85% of companies with a $1 billion annual revenue are using cryptocurrency payments to attract and retain new clients. 82% of all the businesses that took part in the poll stated that they accepted cryptocurrency because it cut out middlemen. While 77% of the surveyed retailers say that decreased transaction costs are another reason they are drawn to embracing cryptocurrencies. Read Full on cointelegraph.

– Following New Nothing Collaboration, Polygon Will Enable Web3 Functionality In Smartphones

A partnership between Polygon and Nothing, the maker of Phone(1), has been announced. The first smartphone from Nothing will feature technology from the Ethereum scaling protocol. Although Polygon won’t be producing its own smartphones, the alliance hopes to increase awareness of crypto and NFTs by giving customers access to Web3 capability. The mobile device maker will airdrop non-fungible tokens (NFTs) to its neighborhood investors. Read Full on CryptoPotato.

– Dogecoin Will Be Accepted By Elon Musk’s Boring Company For Las Vegas Loop

Tunnel Construction Service Company, The Boring Company has announced memecoin, Dogecoin as a new mode of payment for accessing the Vegas Loop system and established a transportation station there. Elon Musk, the founder of the Boring Company and the CEO of Tesla, responded to a tweet that nearly confirmed the new use case for Dogecoin by stating that he will always keep on helping Dogecoin everywhere he can. Read Full on Decrypt.

– On-Chain Data Shows Bitcoin Is Secure, According To CryptoQuant Analyst

In comparison to what’s observed during the cryptocurrency meltdown, the on-chain data for Bitcoin and other cryptocurrencies over the last several days has been rather meager. However, the CEO and analyst of CryptoQuant, Ki Young Ju think that it might be advantageous for Bitcoin because it protects it from sale-side liquidity. He hasn’t observed any notable Bitcoin on-chain activity recently, which demonstrates the market’s lack of liquidity and trade volume. Read Full on U.Today.

– Reddit Introduces NFT marketplace For Distinctive Collectibles Avatars

The social networking platform, Reddit has formally announced the launch of a brand-new NFT-based avatar marketplace where users can pay a set amount to purchase blockchain-based profile photos. Since users do not require a cryptocurrency wallet to buy them, using a credit or debit card should be sufficient. You can also use the wallet service that Reddit provides to store your cryptocurrency.Read Full on Finbold.

– Opera Crypto Browser Integrates Coin98, Fostering Web3 Access In Southeast Asia

In order to increase Web3 accessibility, Coin98, a Southeast Asian-based decentralized finance (DeFi) network, is cooperating with Opera Crypto Browser, a Web3-focused project for simplifying navigation among decentralized apps (DApps), games, and metaverse. Users of Opera’s Crypto Browser will be able to access the platform’s selection of multichain NFTs, decentralized exchanges (DEXs), cross-chain bridges, and asset swaps after Coin98 is integrated.Read Full on cointelegraph.

– According To R. P. Stoeferle, Bitcoin Has Overshadowed Gold As Store Of Value

According to Ronald-Peter Stoeferle, managing partner of investment management company Incrementum AG, as the two assets compete for the presumed store of value status, Bitcoin’s growth in recent years has eclipsed gold. Stoeferle pointed out that, especially with the involvement of institutional investors, the growing coverage of Bitcoin would contribute to the asset class becoming a risk-free investment. Read Full on Finbold.

– All Robinhood Users Are Able To Transfer And Receive Bitcoin On The Platform

Bitcoin transfers in and out of the retail trading software Robinhood are now available to all users. Now, users on Robinhood can send and receive any cryptocurrency listed there. For transfers of bitcoin off of its platform, there won’t be any fees. Following the announcement of the impending creation of its subsidiary, Robinhood Crypto, which focuses on cryptocurrencies, Robinhood started making forays into the cryptocurrency market in 2018. Read Full on Bitcoin Magazine.

– Bloomberg Analyst Predict A Positive BTC Comeback Within 6 Months

Mike McGlone, senior commodity strategist at Bloomberg, predicts a rise in the price of Bitcoin (BTC) in the second half of 2022. The data from Bloomberg’s Galaxy Crypto Index (BGCI) and the 50-week and 100-week moving averages of the price of BTC showed encouraging trends, according to McGlone. He asserted that the current indications are exhibiting similar patterns to the bear market’s bottom in 2018, which came before a significant rebound in 2019.Read Full on cointelegraph.
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