Crypto News Cast đŽ 15-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $951 B
đ24h Mcap %: Â Â Â -24.51%
â ď¸Bitcoin Dom:     45.10%
đActive Coins: Â Â Â 4542
đ24h Vol %: Â Â Â Â Â -17.76%
đ˛24h Vol:        $121 B
Crypto News Updates :
- Illicit Crypto Usage Has Decreased As A Percentage Of Total Usage
- Lacoste, A French Fashion House Enters The Web3, Launching NFTs Collection
- Brazilian Congressman Introduces Bill To Recognize Bitcoin As A Form Of Payment
- El Salvador Has Suffered No Losses Due To Bitcoin Price Drop
- Many People Will Be Disappointed For Not Buying At This Bitcoin Price
- Cryptocurrency Is Here To Stay, According to David Rubenstein
- Companies Should Take Metaverse, NFTs, And Crypto Seriously, Tech Giant Globant Says
- Saylor Confirms That MicroStrategy Will HODL Through The Recent Bitcoin Crisis
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â Illicit Crypto Usage Has Decreased As A Percentage Of Total Usage
According to blockchain forensics firm CipherTrace, illicit cryptocurrency activity decreased as a fraction of overall crypto activity in 2021 and the first quarter of 2022. Despite the fact that the cryptocurrency business has a reputation for being a sanctuary for unlawful activities, CipherTrace forecasts that illicit activity accounted for 0.62% to 0.65% of total bitcoin activity in 2020. In 2021, it is expected to be between 0.10% and 0.15% of total activity. Read Full on cointelegraph.
â Lacoste, A French Fashion House Enters The Web3, Launching NFTs Collection
Lacoste, a French fashion brand, has introduced a collection of non-fungible tokens (NFTs) in order to build an online community and communicate with customers in a new way, according to the company. The amount of non-fungible tokens (NFTs) in the release, 11,212, corresponds to the brandâs L1212 iconic polo shirt. The price of these NFTs will be 0.08 ETH (which is approximately $97). Read Full on theblock.
â Brazilian Congressman Introduces Bill To Recognize Bitcoin As A Form Of Payment
Following the introduction of a law recognizing Bitcoin (BTC) and other cryptocurrencies as payment methods by a Congressman, Brazil may see Bitcoin (BTC) and other cryptocurrencies recognized as payment methods in the near future. To members of Brazilâs National Congress, Federal Deputy Paulo Martins presented a thorough legislative proposal that would supplement the countryâs existing law, with suggested wording that defines crypto as an asset. Read Full on Finbold.
â El Salvador Has Suffered No Losses Due To Bitcoin Price Drop
El Salvadorâs finance minister, Alejandro Zelaya, has responded to the multiple recent media attacks on the countryâs Bitcoin (BTC) investment strategy. The official emphasized the unfairness of claims that the countryâs budget had lost roughly $40 million as a result of the Bitcoin rate drop. He claims that the alleged loss of $40 million has not occurred because the coins have not been sold. Read Full on cointelegraph.
â Many People Will Be Disappointed For Not Buying At This Bitcoin Price
Ricardo Salinas Pliego, Mexicoâs richest billionaire, claimed that anyone who missed out on Bitcoin at âcurrent ratesâ will regret it in a few years. Pliego made the statement in a Twitter post on Tuesday, June 13, in which he compared the pain of his nose job to the pain of discovering one should have invested in BTC while it was still reasonable. Some people criticized the claims, noting theyâve not made any gains since buying Bitcoin. Read Full on CryptoInfoWatch.
â Cryptocurrency Is Here To Stay, According to David Rubenstein
Despite the latest market slump, American billionaire businessman David Rubenstein declared in a recent interview with Bloomberg that crypto will not go away. Rubenstein predicts that the value of cryptocurrencies will fluctuate in the future, but that their value is currently too high for them to become obsolete. Many early Bitcoin adopters are still on significant profits. Read Full on U.Today.
â Companies Should Take Metaverse, NFTs, And Crypto Seriously, Tech Giant Globant Says
Guibert Englebienne, co-founder of Globant, an Argentinian software development firm, remarked that all businesses should be aware of the benefits that emerging technologies such as Cryptocurrency, NFTs, and The Metaverse can provide. Englebienne emphasized that these new technologies may disrupt existing businessesâ processes, and that it may take some time to realize the implications.Read Full on Bitcoin News.
â Saylor Confirms That MicroStrategy Will HODL Through The Recent Bitcoin Crisis
Despite the recent Bitcoin crisis, Michael Saylor says that MicroStrategy is not in danger of liquidation. This is because, according to Saylor, the corporation foresaw Bitcoin volatility and plans to HODL in the face of it. MicroStrategy said that the only way it could lose money on a $205 million loan it took out to buy Bitcoin was if the price fell below $3,562. Even if it drops to $3,562, MicroStrategy may be able to post further collateral to prevent liquidation.Read Full on Crypto Briefing.
