Crypto News Cast For June 28th 2022 ?

Crypto News Cast For June 28th 2022 ?
Crypto News Cast 📮 28-06-2022

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $926 B
📊24h Mcap %:       -4.78%
⚠️Bitcoin Dom:        42.40%

📌Active Coins:       4547
📍24h Vol %:          -1.26%
💲24h Vol:               $53 B

Crypto News Updates :

  • Largest BNB Chain Whales Now Control 18 Million Worth Of XRP
  • A 3-year Low In Exchange Bitcoin Balance Signals Positive Feelings For BTC
  • President Of The Central African Republic Announces Launch Date For Crypto Hub
  • Bitcoin Is Referred To As A Commodity By SEC Chairman Gary Gensler
  • In Four Years, The Automotive Blockchain Market Will Surpass $1.5 Billion Valuation
  • The Bank Of Russia Expedites The Development Of The Digital Ruble
  • Multiple Source Says, FTX May Be Considering Buying Robinhood

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– Largest BNB Chain Whales Now Control 18 Million Worth Of XRP

The top 500 BNB Chain whales are now holding XRP worth $18,030,448 according to WhaleStats. One of the top assets held by this group of whales has emerged as the XRP token wrapped on the BNB Chain, formerly known as BSC. Since May, XRP whales have kept up their collecting binge and now control between 1 million and 10 million XRP. This has inevitably caused the recent XRP Price Spike. Read Full on U.Today.

– A 3-year Low In Exchange Bitcoin Balance Signals Positive Feelings For BTC

The balance of Bitcoin on cryptocurrency exchanges is at its lowest point in years, suggesting that more people are withdrawing the currency and “hodling,” as well as pointing to possible preparations for a future bullish run. As of June 26, this sum was at its lowest point since 2018. It was 2,384,477.040 BTC. In the past, the shift in the quantity of Bitcoin held on exchanges has been a good indicator of market mood. Read Full on Finbold.

– President Of The Central African Republic Announces Launch Date For Crypto Hub

The Central African Republic’s (CAR) booming crypto hub will start on July 3rd, according to President Faustin-Archange Touadéra. The initiative, also known as the “Sango” project, aims to leverage blockchain technology to make CAR the most advanced economy in Africa. A few of its side initiatives will be the creation of a national cryptocurrency bank, a state-sponsored lightning wallet, and tax exemptions for cryptocurrency exchanges. Read Full on CryptoPotato.

– Bitcoin Is Referred To As A Commodity By SEC Chairman Gary Gensler

Gary Gensler, the chairman of the Securities and Exchange Commission (SEC) in the U.S, stated that the only cryptocurrency he was willing to openly classify as a commodity was Bitcoin.Gensler made the remarks during a discussion about the implications of classifying some cryptocurrencies as commodities rather than securities. He asserted that cryptocurrencies were a highly speculative asset class that was recognized by all of the major market regulators in the U.S. Read Full on cryptoslate.

– In Four Years, The Automotive Blockchain Market Will Surpass $1.5 Billion Valuation

According to a recent analysis, the automotive blockchain market will reach an anticipated valuation of $1.5 billion by 2026, growing at a rate of nearly 28.5% each year. The market’s revised value, which now stands at $339.7 million and is still dominated by countries like the United States and China. Along with Japan and Canada, the U.S. market, predicted to be worth roughly $136.8 million as of 2021.Read Full on Finbold.

– The Bank Of Russia Expedites The Development Of The Digital Ruble

The Bank of Russia is now testing the digital ruble with 12 different institutions and has announced plans to launch consumer pilot programs in April 2023 rather than the originally anticipated 2024. In 2023, the central bank digital currency (CBDC) might be completely functional and launched. Additionally, it was determined that the digital ruble might replace SWIFT in some situations. Read Full on Finbold.

– Multiple Source Says, FTX May Be Considering Buying Robinhood

It’s reported that CEO Sam Bankman-Fried is considering how to acquire the stock and cryptocurrency trading software, Robinhood. However, a different source notes that FTX has not yet made a final choice and Robinhood has not yet been formally approached with an offer. There are no active M&A negotiations involving Robinhood currently going place, according to Bankman-Fried, who also confirmed this to Decrypt. Read Full on Decrypt.

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