Crypto News Cast For August 15th 2022 ?

Crypto News Cast 📮 15-08-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap: $1150 B
📊24h Mcap %: -14.32%
⚠️Bitcoin Dom: 40.10%
📌Active Coins: 11724
📍24h Vol %: 20.55%
💲24h Vol: $80 B

Crypto News Updates :

Open Interest Of Ether Options Hit An All-Time High
Crypto Privacy Protocol Monero Upgrade Successfully Implemented
Zimbabwe’s Central Bank Governor Says Developed A Roadmap For Adoption Of CBDC
Despite The Market Decline, Pension Funds Are Still Interested In Cryptocurrency
World’s Largest Private Retreader Becomes First In Its Industry To Accept Bitcoin
Bitcoin Must Be Included In Any Portfolio, According To Former NYSE President

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– Open Interest Of Ether Options Hit An All-Time High

Open interest of ether options has been increasing over the past month, reaching a new all-time high. According to The Block’s data dashboard, Aug. 12 saw open interest hit $8.11 billion—a figure that’s nearly 3x higher than where it stood a month ago. The boom in open interest of ether options appears to be linked to the emergence of new, more complex strategies among traders themselves prior to Ethereum’s transition from proof-of-work to proof-of-stake., as per hedge fund LedgerPrime. That transition is expected to be finalized next month. Read Full on theblock.

– Crypto Privacy Protocol Monero Upgrade Successfully Implemented

The non-contentious hard fork to upgrade one of crypto’s most popular privacy protocols, Monero, completed successfully. The fork occurred at 2,688,888 (18:47 UTC) and improves the network with a host of new privacy-preserving features. The number of signers for a ring signature has been increased from 11 to 16 for every transaction. The previous Bulletproofs algorithm was upgraded to “Bulletproofs+.” Multisignature functionality has been improved and important security patches have been added. Read Full on coindesk.

– Zimbabwe’s Central Bank Governor Says Developed A Roadmap For Adoption Of CBDC

Zimbabwe’s central bank governor John Mangudya recently said that his organization has “developed a roadmap for central bank digital currency (CBDC) adoption in Zimbabwe.” He said the bank’s development of the roadmap is in line with the government’s decision on the CBDC which was made in November 2021. He also revealed that two fintech startups had been admitted into the central bank’s fintech regulatory sandbox. Read Full on Bitcoin News.

– Despite The Market Decline, Pension Funds Are Still Interested In Cryptocurrency

According to the Wall Street Journal, pension funds in North America are still optimistic about cryptocurrencies despite losses from the bear market. Asset management company VanEck reports reflects that desire from Pension Funds. Pension fund managers are debating whether to increase their crypto investments or sell out due to the weak market conditions in 2022. In October of last year, a pension fund for Houston-based firemen invested $25 million in bitcoin and ether. Read Full on theblock.

– World’s Largest Private Retreader Becomes First In Its Industry To Accept Bitcoin

The biggest independent tire retreader in Europe, Vaculug, has declared it will take bitcoins as a form of payment. With the formation, Vaculug is now the first company in the industry to offer cryptocurrency payments. According to a news release issued by Vaculug recently, its customers will now be able to purchase tires along with other connected services using Bitcoin (BTC) and Ethereum (ETH) payment.Read Full on Finbold.

– Bitcoin Must Be Included In Any Portfolio, According To Former NYSE President

The former president of the New York Stock Exchange, Thomas Farley, says that Bitcoin is trusted, censorship-resistant, with a limited supply of 21 million, and will have to be included in a portfolio during an appearance on Squawk Box as the cryptocurrency continues to gain popularity. He asserts that institutional investors will enter the market now that BTC prices are low. Due to the volatility, he cautions against excessive BTC investment. Read Full on BeInCrypto.