Crypto News Cast đŽ 09-06-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1245 B
đ24h Mcap %: Â Â Â -3.11%
â ď¸Bitcoin Dom:     46.40%
đActive Coins: Â Â Â 4540
đ24h Vol %: Â Â Â Â Â -28.90%
đ˛24h Vol:        $59 B
Crypto News Updates :
- Binance Launches High-yield Crypto Staking Program In United States
- Luxury Retailers Can Now Accept Cryptocurrency Thanks To Ripple And Lunu Partnership
- Citadel Securities And Virtu Financial Are To Create A Cryptocurrency Trading Platform
- Solana Establishes $100 Million Fund For Crypto Businesses In Korea
- The Federal Reserve Bank Of St. Louis Begins Tracking Cost Of Commodities Using Bitcoin
- The Ropsten Testnet Of Ethereum Has Successfully Merged
- Michael Saylor Believes Bitcoin Will Reach $1 Million Despite The Bear Market
- Bitcoin Extends Market Dominance As Ethereumâs Market Sees Sharp Decline
- Survey Shows Investors Prefer ADA To Other Cryptos In This Bear Market
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â Binance Launches High-yield Crypto Staking Program In United States
Binance US, the American arm of the worldâs largest cryptocurrency exchange, has begun giving Cryptocurrency staking services to its customers. The company hopes it will make it more competitive against other US-based companies Binance US clients who own any of the following seven proof-of-stake cryptocurrencies can now use staking services: Binance Coin (BNB), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), The Graph (GRT), Livepeer (LPT), and Audius (AUDIO). Read Full on Decrypt.
â Luxury Retailers Can Now Accept Cryptocurrency Thanks To Ripple And Lunu Partnership
Ripple, the industry leader in corporate blockchain and crypto solutions, has announced a partnership with Lunu to help the Berlin-based companyâs luxury merchants accept bitcoin as a form of payment in-store and online via Rippleâs Liquidity Hub. Lunuâs customers will be able to speed up the acceptance of crypto payments by optimizing the exchange of crypto assets to fiat in one place at competitive costs, thanks to Liquidity Hub. Read Full on U.Today.
â Citadel Securities And Virtu Financial Are To Create A Cryptocurrency Trading Platform
Citadel Securities, a leading US electronic trading firm, is collaborating with Virtu Financial, a high-frequency trading and market-making firm, as well as venture capital firms Sequoia Capital and Paradigm, to create a bitcoin trading ecosystem. Citadel Securities is a subsidiary of hedge fund titan Citadel. This marketplace aims to make access to deep pools of liquidity for digital assets more efficient. Read Full on coindesk.
â Solana Establishes $100 Million Fund For Crypto Businesses In Korea
Solana, a blockchain company, unveiled a new $100 million fund for Korean web3 entrepreneurs this morning. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organization that promotes the networkâs growth. Theyâll be used to fund and support a variety of Korean crypto companies, with a particular focus on gaming, non-fungible tokens (NFTs), and DeFi. Read Full on theblockcrypto.
â The Federal Reserve Bank Of St. Louis Begins Tracking Cost Of Commodities Using Bitcoin
Bitcoin is being adopted around the world as an investment and also as a payment alternative. Now, one of the 12 regional Reserve Banks in the United States has chosen to track the price of items in Bitcoin (BTC). People interested in the price of everyday items in Bitcoin can now do so on FRED, the economic data website of the St. Louis Federal Reserve Bank. Read Full on Finbold.
â The Ropsten Testnet Of Ethereum Has Successfully Merged
Ethereumâs Ropsten Testnet and beacon chain successfully combined, putting the network one step closer to the much-anticipated mainnet integration. The testnet launch is a crucial step forward in a long technical process known in the crypto community as the âMerge.â Ethereumâs current Proof-of-Work consensus model will be replaced by the more energy-efficient Proof-of-Stake consensus model after the Merge.Read Full on Crypto Briefing.
â Michael Saylor Believes Bitcoin Will Reach $1 Million Despite The Bear Market
Michael Saylor, one of bitcoinâs most ardent supporters, restated his belief that the digital asset, Bitcoin, is a superior financial instrument to gold. Despite the continuing crypto winter and the many naysayers who predict BTCâs price would plummet to zero, he believes the asset class will rise to $1,000,000. He claims that the short-term volatility is unimportant since it will win out in the long run. Read Full on CryptoPotato.
â Bitcoin Extends Market Dominance As Ethereumâs Market Sees Sharp Decline
The market capitalization supremacy of Bitcoin and Ethereum by market cap could not be more different, since the majority of the cryptocurrency market is now trading bearishly. Bitcoinâs (BTC) market capitalization domination hit 47.52 percent on June 6, the highest since July 2021. On the other hand, Ethereumâs (ETH) market capitalization was 17.74 percent on June 6, a new low for the digital asset since October 2021. Read Full on Finbold.
â Survey Shows Investors Prefer ADA To Other Cryptos In This Bear Market
In a poll conducted by London Real TV, members of the crypto community were asked which coin they prefer to hold amid the present weak market. Respondents were given the option of choosing between the two most popular coins, Bitcoin and Ethereum, as well as Cardanoâs ADA and other cryptocurrencies. ADA received 76.9% of the votes, while Bitcoin and Ethereum received 11% and 5% of the votes, respectively. A total of 8,861 people voted in the poll. Read Full on U.Today.
