Crypto News Cast For August 20th 2022 ?

Crypto News Cast 📮 20-08-2022

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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: $1021 B
📊24h Mcap %: -9.10%
⚠️Bitcoin Dom: 39.90%
📌Active Coins: 11839
📍24h Vol %: -7.80%
💲24h Vol: $76 B

Crypto News Updates :

A Unified Crypto Services Regulatory Framework Is To Be Developed By ECB
IFC, World Bank’s Subsidiary, Supports A Blockchain-based Platform For Carbon Offset Trading
Bitcoin NGO, Motiv Starts Life-saving Initiatives For Financial Addition In Peru
Gemini Provides Staking Before The Ethereum Merge
Ukraine’s Tech Stores Can Now Accept Crypto Payments Thanks To Whitepay
Canaan, World’s Top Mining Company Doubles Profits Despite The Crypto Ban
Expert Crypto Fund Strategist Predicts Bitcoin Could Explode Over 2,200%
The Mercado Libre Ethereum Cashback Token Is Now Available
Get Started With CoinPanel To Automate Your Crypto Trading
Ripple Launches Crypto On-Demand Liquidity Service In Brazil

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– A Unified Crypto Services Regulatory Framework Is To Be Developed By ECB

The European Central Bank (ECB) has described its strategy for unifying the legal framework governing crypto-related services and activities across the EU. The regulator said it is the ECB’s responsibility to make sure banks offer crypto products and services in a safe and sound manner as they increasingly consider doing so. The ECB stated that it closely collaborates with national authorities to guarantee a uniform strategy and high standards across nations. Read Full on Bitcoin News.

– IFC, World Bank’s Subsidiary, Supports A Blockchain-based Platform For Carbon Offset Trading

The Chia Network, a blockchain platform with a focus on the energy sector, and the International Finance Corporation (IFC), a member of the World Bank Group that specializes in investing in less developed countries, have partnered for the Carbon Opportunities Fund. In an effort to boost institutional investors’ support for climate-friendly activities in emerging nations, the IFC is assisting a platform for trading carbon offsets that is blockchain enabled. Read Full on Finbold.

– Bitcoin NGO, Motiv Starts Life-saving Initiatives For Financial Addition In Peru

A non-governmental organization (NGO) devoted to financial inclusion, Motiv Inc., has made available its Life Saving Step Programs curriculum to assist disadvantaged communities like Peru in becoming better prepared to break the cycle of poverty and violence. Pay With Bitcoin is the initial offering from Motiv, and it teaches users how to use bitcoin while also introducing them to basic banking and financial concepts Read Full on Bitcoin Magazine.

– Gemini Provides Staking Before The Ethereum Merge

Gemini’s customers will be able to receive rewards on qualified crypto assets thanks to the company’s announcement of support for staking. Gemini will pay for infrastructure costs, gas fees, and slashing penalties. Users will initially be able to stake and profit from Polygon’s MATIC token, according to Gemini. Additionally, it stated that staking for Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Audius (AUDIO) would be accessible soon. Read Full on Crypto Briefing.

– Ukraine’s Tech Stores Can Now Accept Crypto Payments Thanks To Whitepay

Whitepay, one of the platforms part of the ecosystem of the crypto exchange Whitebit, has enabled cryptocurrency payments for the goods sold by significant Ukrainian tech retailers. Tehnoezh and Stylus, which run prominent online platforms in the industry, are two of the electronics stores whose consumers would now benefit from the new service. Customers may make purchases using more than 130 different digital currencies thanks to the connection. Read Full on Bitcoin News.

– Canaan, World’s Top Mining Company Doubles Profits Despite The Crypto Ban

Canaan, a significant Chinese manufacturer of cryptocurrency mining equipment, doesn’t seem to be bothered by the local prohibition on cryptocurrencies, as evidenced by the company’s continuous growth in 2022. A 117% rise in gross profit over the same period in 2021 was reported by Canaan in its official financial statements for the second quarter of 2022. The company reports that the second quarter’s profits totaled almost $139 million. Read Full on cointelegraph.

– Expert Crypto Fund Strategist Predicts Bitcoin Could Explode Over 2,200%

Despite the recent bear market, the chief investment officer of cryptocurrency asset manager Bitwise Investments has revealed his enormous price objective for Bitcoin (BTC). According to Bitwise executive Matt Hougan in a recent Stansberry Research interview, Bitcoin could increase in value by over 2,273% from its current price of $21,062 because Hougan thinks it will soon approach the market capitalization of gold, which is over $11 trillion. Read Full on The Daily Hodl.

– The Mercado Libre Ethereum Cashback Token Is Now Available

Latin America’s equivalent to Amazon, the online market place Mercado Libre, announced the introduction of its own cryptocurrency. For consumers in Brazil, the company has introduced Mercado Coin as an ECR20 token, the accepted standard for tokens made using the Ethereum blockchain. Customers will be able to use the marketplace to earn cashback rewards. The value of Mercado Coin will fluctuate with the market and start out at $0.10. Read Full on Decrypt.

– Get Started With CoinPanel To Automate Your Crypto Trading

CoinPanel is a Swedish technology company focused on building the ultimate platform for a state-of-the-art cryptocurrency trading experience along with revolutionary features. CoinPanel provides a multi-exchange trading automation platform with a simple interface, proper security encryptions, stability and with superior customer support. With features such as automated-trading, chart mirroring, analytical tools, portfolio management, and quick execution, CoinPanel introduces tools help users maximize their cryptocurrency gains while minimizing risks and losses.Read Full on coinpanel.

– Ripple Launches Crypto On-Demand Liquidity Service In Brazil

In collaboration with Travelex Bank, Ripple has launched its cryptocurrency on-demand liquidity (ODL) service in Brazil, the company announced. The ODL from Ripple uses XRP to hasten the exchange and transfer of fiat money between nations. According to Ripple, Travelex is the first bank in Latin America to use ODL. The bank was also the first to be registered with and permitted to conduct foreign exchange business by the Brazilian Central Bank. Read Full on coindesk.