Crypto News Cast 📮 16-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $910 B
📊24h Mcap %: -36.70%
⚠️Bitcoin Dom: 44.30%
📌Active Coins: 4544
📍24h Vol %: -18.22%
💲24h Vol: $98 B
Crypto News Updates :
- Crypto Fund Managers Believe Bitcoin Will Hit $100,000 By Year End
- Global Venture Capital, Sequoia Capital Launches Two New Web3 Investment Funds
- Binance CEO Believes Crypto Winter Is The Right Time To Expand Hiring
- Cryptocurrency Needs Regulation Before It Grows Bigger, Canadian Bank Official Says
- After Months Of Delays, Ledger Live Finally Adds ADA Support
- TAG Heuer Introduces Smartwatch Technology That Allows NFTs Display
- Central African Republic President Says Bitcoin Adoption Is The Right Decision In Bear Market
- Bitcoin Is Now In The Right Entry Price Point, Michael Saylor Claims
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– Crypto Fund Managers Believe Bitcoin Will Hit $100,000 By Year End
Despite the broad bearishness of the cryptocurrency market, managers remained exceedingly bullish on Bitcoin (BTC). According to a study conducted by financial services firm PWC, the majority of crypto fund managers anticipate the price of bitcoin would be between $75K and $100K by the end of the year. PWC also revealed that, compared to a year earlier, 38 percent of traditional hedge funds polled are now investing in digital assets, up from 21%. Read Full on Bitcoin News.
– Global Venture Capital, Sequoia Capital Launches Two New Web3 Investment Funds
Sequoia Capital, a global venture capital and growth investor, has announced the opening of two new funds: a $2 billion early-stage venture and development product for India, and a $850 million Southeast Asia-focused fund. The expansion of the Web3 ecosystem will also be the utmost priority for these funds. Despite a lack of legislative clarity, the firm is expanding its focus on newer venues, such as Web3. Read Full on CryptoPotato.
– Binance CEO Believes Crypto Winter Is The Right Time To Expand Hiring
Binance’s CEO, Changpeng Zhao, has revealed intentions for the world’s largest exchange to increase its employee strength with new hiring despite the market’s unfavorable prices. He revealed this to delegates of the Consensus 2022 conference through a live feed. Binance has a “very healthy war chest,” according to Zhao, who also confirms that Crypto Winter is the greatest time to hire more staffs. Read Full on BeInCrypto.
– Cryptocurrency Needs Regulation Before It Grows Bigger, Canadian Bank Official Says
Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, said the central bank does not want to wait until crypto becomes much larger before enacting regulatory measures. The official stated that while the space is still tiny, it is rapidly expanding. The official stressed the need for regulation of the crypto industry, pointing out that it is similar to banking assets and capital markets. Read Full on Bitcoin News.
– After Months Of Delays, Ledger Live Finally Adds ADA Support
After months of anticipation, Cardano has finally arrived at Ledger Live, meaning that Ledger Live users will be able to send, receive, buy, and manage ADA directly. The Ledger Live app now supports the top ten largest cryptocurrencies by market capitalization, thanks to the ADA’s long-awaited integration. Cardano is now the seventh largest cryptocurrency, with a market capitalization of $15.4 billion.Read Full on U.Today.
– TAG Heuer Introduces Smartwatch Technology That Allows NFTs Display
Swiss luxury wristwatch, TAG Heuer New Connected Calibre E4 becomes an NFT viewer for consumers to demonstrate their digital asset collection with certified evidence of ownership. The new capability allows several NFTs to be transferred to the new Lens watch face through a linked smartphone. Users can choose which NFTs they want to display on their watch, and the watch can securely link to several crypto wallets like Metamask or Ledger Live. Read Full on Finbold.
– Central African Republic President Says Bitcoin Adoption Is The Right Decision In Bear Market
President Faustin-Archange Touadéra of the Central African Republic continues to embrace Bitcoin (BTC) and cryptocurrency, citing his country’s decision to accept it as a wise option in difficult circumstances. The ‘rough times’ he alluded to are the recent crypto market slump, which has impacted all digital assets and resulted in a total market capitalization loss of $370 billion in a single week. Read Full on Finbold.
– Bitcoin Is Now In The Right Entry Price Point, Michael Saylor Claims
Michael Saylor is convinced that the Top Cryptocurrency, Bitcoin, is the best-performing asset across any time period, and he can’t think of a better way to invest MicroStrategy’s money than in it. Saylor has described the current price level as a terrific buying opportunity and an outstanding entrance point, claiming that no one has ever lost money investing in Bitcoin over the course of four years. Read Full on U.Today.
