Crypto News Cast 📮 04-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $1225 B
📊24h Mcap %: 5.28%
⚠️Bitcoin Dom: 46.30%
📌Active Coins: 4540
📍24h Vol %: -15.30%
💲24h Vol: $45 B
Crypto News Updates :
- Netscape’s Founder, Marc Andreesen Says Web3 Is Similar To Internet’s Early Days
- Cleanspark, A Bitcoin Mining Company, Recently Generated 312 BTC
- Cyprus Plans To Become The Global Crypto Hub Via Its New Bill
- The Ethereum 2.0 Deposit Contract Hits A New High
- Brad Garlinghouse, CEO Of Ripple, Says The Company Is Considering Gathering More Acquisitions
- Japan Passes Groundbreaking Stablecoin Bill To Protect Investors
- CEO CZ of Binance, Claims To Own Just Cryptocurrency And Not Any Fiat Currency
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– Netscape’s Founder, Marc Andreesen Says Web3 Is Similar To Internet’s Early Days
Marc Andreessen, a billionaire software entrepreneur turned venture capitalist, compares Web3 and its underlying blockchain technology to the early internet’s emergence. Increased adoption and fast development in Web3 look to be eerily similar to the burst of activity that distinguished his early years in tech, according to Andreessen. He went on to say that the current Web3 environment is attracting the world’s brightest minds. Read Full on cointelegraph.
– Cleanspark, A Bitcoin Mining Company, Recently Generated 312 BTC
CleanSpark Inc, a sustainable bitcoin mining startup, has presented its monthly mining and production update. CleanSpark generated 312 BTC worth $9.4 million in May, bringing the total year-to-date (YTD) production to 1,523 BTC worth $46.1 million. This is a modest increase over the previous month’s output of 311 BTC. As of May 31, the company has 550 BTC in its custody, worth approximately $16.6 million. Read Full on Bitcoin Magazine.
– Cyprus Plans To Become The Global Crypto Hub Via Its New Bill
Cyprus is considering a cryptocurrency bill in an effort to position the Mediterranean country as a top go-to for digital asset inventors and businesses. The bill clarifies policies surrounding the digital asset business and changes existing laws related to property and taxation. Cyprus hopes to create a new economic pillar with the measure that will boost economic competitiveness and social prosperity.Read Full on blockworks.
– The Ethereum 2.0 Deposit Contract Hits A New High
The total amount of the deposit in the Ethereum 2.0 Deposit Contract has reached a new ATH of 8.8 million ETH, according to Glassnode’s on-chain analytics tool, as the primary asset’s retrace down continues. The value of the assets invested in the deposit contract has been steadily increasing, with nearly no ups and downs. The number of investment funds flowing into the contract has risen in tandem with Ethereum’s market success. Read Full on U.Today.
– Brad Garlinghouse, CEO Of Ripple, Says The Company Is Considering Gathering More Acquisitions
In the future, Ripple CEO Brad Garlinghouse said the San Francisco-based payments company may consider buying other crypto ventures. Ripple, according to Garlinghouse, has a very healthy balance sheet and has invested in around 30 or 40 crypto firms. It also intends to continue exploring for ways to expand through external acquisitions. The CEO believes that mergers and acquisitions will become more common in the crypto market. Read Full on The Daily Hodl.
– Japan Passes Groundbreaking Stablecoin Bill To Protect Investors
Japan’s parliament has approved a legal framework for stablecoins, giving investors a safety net. Only licensed banks, registered money transfer agencies, and trust businesses can now issue stablecoins. The bill clarifies the definition of stablecoins, which will henceforth be classified as digital money and must be tied to the yen or another legal tender, ensuring that holders can redeem them for their face value. Read Full on coindesk.
– CEO CZ of Binance, Claims To Own Just Cryptocurrency And Not Any Fiat Currency
Despite Bitcoin plummeting following a brief rally above $32,000, Binance CEO Changpeng Zhao (CZ) restated his bullish outlook for the industry in the long run. He argued that the asset is both an investment and a currency, and that despite recent volatility, the crypto industry will continue to grow. CZ stated that he does not own any fiat currency and that crypto is the sole asset he utilizes to make purchases.Read Full on CryptoPotato.
