Crypto News Cast đŽ 18-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $826 B
đ24h Mcap %: Â Â Â -62.43%
â ď¸Bitcoin Dom:     43.10%
đActive Coins: Â Â Â 4544
đ24h Vol %: Â Â Â Â Â -2.20%
đ˛24h Vol:        $63 B
Crypto News Updates :
- Russiaâs Gazpromneft And BitRiver Teams Up To Develop Cryptocurrency Mining Operations
- Despite Market Meltdown, R. Rieder Of BlackRock Admits Bitcoin Is A Durable Asset
- Crypto Spot ETFs Approval Should Be Granted, According To SEC Commissioner
- Cryptocurrency Payments Are Possible Once They Do Not Penetrate Russiaâs Financial System
- 14 US Congress Members Write To The EPA, Emphasizing Bitcoin Miningâs Environmental And Economical Benefits
- Bitcoin Might Exceed $100,000 Within 12 Months, According To Nexoâs Founder
- Adam Back Maintains His Prediction Of A $100K Bitcoin Price
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â Russiaâs Gazpromneft And BitRiver Teams Up To Develop Cryptocurrency Mining Operations
Russiaâs Gazpromneft and BitRiver, a US-sanctioned bitcoin (BTC) mining hosting service, seek to construct crypto mining infrastructure at oil fields. BitRiver will use Gazpromneftâs energy to power its data centers. These will either be at new oil fields where transportation infrastructure has yet to be established, or at remote locations where transportation is too expensive, according to the statement.Read Full on www.
â Despite Market Meltdown, R. Rieder Of BlackRock Admits Bitcoin Is A Durable Asset
Investors should focus on the long-term potential, rather than the current crypto market crisis, according to Rick Rieder, Chief Investment Officer of investment management firm BlackRock. He continues to believe that Bitcoin and cryptocurrency are long-term investments with a bright financial future. Before a bull run, Rieder believes Bitcoin will likely overshoot and see another market correction. Read Full on Finbold.
â Crypto Spot ETFs Approval Should Be Granted, According To SEC Commissioner
Commissioner Hester M. Peirce, speaking at the âRegulatory Transparency Project Conference on Regulating the New Crypto Ecosystem: Necessary Regulation or Crippling Future Innovation?â has urged the SEC to particularly stop denying spot crypto exchange-traded products. Peirce claims that the SECâs opposition to a spot bitcoin ETP has become legendary, and she has no idea how to respond to the frequently asked issue of when the SEC would approve a Bitcoin (BTC) ETP. Read Full on Finbold.
â Cryptocurrency Payments Are Possible Once They Do Not Penetrate Russiaâs Financial System
According to Elvira Nabiullina, head of the Central Bank of Russia (CBR), cryptocurrencies can be used in foreign payments if they do not âpenetrateâ the Russian Federationâs financial system. Digital currency listed on Russian exchanges must adhere to all legislation aimed at protecting investors. As a result, the initiatives that underpin the traded assets should have a prospectus, a point of contact, and comply with information disclosure regulations. Read Full on Bitcoin News.
â 14 US Congress Members Write To The EPA, Emphasizing Bitcoin Miningâs Environmental And Economical Benefits
According to the letter submitted to EPA Administrator Michael S. Regan, 14 members of Congress encouraged the agency to launch a complete analysis in order to understand the potential environmental implications of digital asset mining. Crypto mining, according to the letter, can have a significant stabilizing effect on energy networks since it maintains stable baseload levels while being able to be turned off fast during periods of high demand. Read Full on Finbold.
â Bitcoin Might Exceed $100,000 Within 12 Months, According To Nexoâs Founder
In an interview with CNBC, Antoni Trenchev, the founder of cryptocurrency lender Nexo, predicted that Bitcoin will reach $100,000 in the next 12 months, albeit he expressed caution about Bitcoinâs short-term prospects. When the Federal Reserve begins to unwind its massive monetary stimulus program, Antoni Trenchev did not rule out the possibility that Bitcoin would collapse in line with traditional financial markets.Read Full on Finbold.
â Adam Back Maintains His Prediction Of A $100K Bitcoin Price
Despite the current decline in the cryptocurrency market, Adam Back, CEO of blockchain technology startup Blockstream, believes the asset will reach $100,000 by the end of 2022. He also admits to buying large sums of BTC and HODLing them for the long run. According to him, the price hike will occur if the US Securities and Exchange Commission approves Grayscaleâs BTC ETF proposal.Read Full on CryptoPotato.
