Crypto News Cast 📮 17-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $893 B
📊24h Mcap %: -13.21%
⚠️Bitcoin Dom: 44.10%
📌Active Coins: 4544
📍24h Vol %: -26.10%
💲24h Vol: $67 B
Crypto News Updates :
- Kazakhstan Has Agreed To Allow Cryptocurrency Exchanges To Register Bank Accounts
- 71% Of High-Net-Worth Individuals Have Invested In Digital Assets
- Despite The Market Dip, Raoul Pal May Start Buying Cryptocurrency Next Week
- Largest Airline In Spain, Vueling Accepts Bitcoin As A Method Of Payment
- Banking Consumes 56 Times The Amount Of Energy As Bitcoin
- The Bitcoin Miner Mawson Infrastructure Produced 185 Bitcoins In May
- Kiss Singer, Gene Simmons Still Holds His Litecoin And Other Crypto Holdings
- McKinsey Projects The metaverse Might Be Valued At $5 Trillion By 2030
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– Kazakhstan Has Agreed To Allow Cryptocurrency Exchanges To Register Bank Accounts
Kazakhstan will start a crypto exchange pilot operation in the Astana International Finance Centre’s special economic zone. The Kazakhstan Republic’s Ministry of Digital Development, Innovations, and Aerospace Industry has announced a trial project including crypto exchanges and local banks. The exchanges that have been granted a license by the newly constituted Astana Financial Service Authority will participate in the trial project. Read Full on cointelegraph.
– 71% Of High-Net-Worth Individuals Have Invested In Digital Assets
According to a new survey by a Technology consulting company, 71 percent of high net worth individuals (HNWI) have invested in cryptocurrencies and other digital assets. Capgemini, a technology consulting firm, presented its “World Wealth Report” for 2022 on Tuesday. It surveyed 2,973 global HNWIs, with 54 percent claiming wealth between $1 million and $30 million and 46 percent claiming wealth of $30 million or more. Read Full on cointelegraph.
– Despite The Market Dip, Raoul Pal May Start Buying Cryptocurrency Next Week
Raoul Pal, the CEO of Global Macro Investor, believes the crypto markets will bottom in the next five weeks and that he may begin purchasing aggressively as soon as next week. Raoul Pal made a technical comparison between the current bear market to the massacre in the cryptocurrency market in 2014. Then, he goes on to claim that the current market crash could be a 10x increase opportunity for many investors. Read Full on CryptoPotato.
– Largest Airline In Spain, Vueling Accepts Bitcoin As A Method Of Payment
Vueling, a Barcelona-based airline and BitPay have signed an agreement that would allow airline customers to pay using cryptocurrency. Vueling will be Europe’s first low-cost carrier to do so. They will employ UATP’s technology, which is a global payment network for the aviation industry and allows for a speedy integration procedure. Customers will be able to pay for their flight using over 100 different wallets and 13 different cryptocurrencies. Read Full on Finbold.
– Banking Consumes 56 Times The Amount Of Energy As Bitcoin
New data on Bitcoin’s (BTC) energy consumption, efficiency, and scalability expose the banking sector while casting a new light on the world’s largest cryptocurrency. Bitcoin payments are a million times more efficient than the old financial system, according to a study published by Michel Khazzaka, an IT engineer, cryptographer, and consultant. Furthermore, the banking industry consumes 56 times as much energy as Bitcoin. Read Full on cointelegraph.
– The Bitcoin Miner Mawson Infrastructure Produced 185 Bitcoins In May
Mawson Infrastructure Group Inc, a mining company, produced 185 bitcoins in May, valued at $3.8 million, reflecting an average of 5.96 bitcoins mined per day. This production level reflects a 362% rise over the same period last year, as well as an increase of 8% month over month. Mawson boosted its self-mining hashrate to 1.42 exahashes per second (EH/s), an increase of 547% year over year and 11% month over month. Read Full on Bitcoin Magazine.
– Kiss Singer, Gene Simmons Still Holds His Litecoin And Other Crypto Holdings
Despite the current market drop, Gene Simmons, the iconic Kiss singer, says he is still holding Litecoin and 13 other cryptocurrencies. Simmons claims that none of the assets have been sold. Gene Simmons was interested in Dogecoin and has also added Bitcoin, Ethereum, Cardano, Binance Coin, and Chainlink to his portfolio. Additionally, Simmons announced an unknown Litecoin investment. Read Full on U.Today.
– McKinsey Projects The metaverse Might Be Valued At $5 Trillion By 2030
New report from worldwide consulting company McKinsey & Company, global expenditure in the Metaverse might exceed $5 trillion by 2030. Nearly 60% of all customers polled prefer at least one virtual activity to its physical counterpart. It studied current adoption trends and extracted additional knowledge from two global surveys: executives from 448 firms across 15 industries in 10 different countries and from 3,104 consumers across 11 nations. Read Full on cointelegraph.
