Crypto News Cast For October 6th 2022 ?

Crypto News Cast 📮 06-10-2022

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: $962 B
📊24h Mcap %: -0.78%
⚠️Bitcoin Dom: 40.00%
📌Active Coins: 12562

📍24h Vol %: 1.00%
💲24h Vol: $60 B

Crypto News Updates :

Web3 ETF Is Introduced By Bitwise For Institutional And Individual Investors
Coinbase Forms A Corporation In Australia And Increases Its Retail Customer Offerings
The Crypto Marketplaces In The Middle East And North Africa Are Expanding Quickly
Fidelity Asset Manager Unveiled A $5 Million Ethereum Index Fund
Over 6,000 NFT And Blockchain-related Trademarks Is Filled In US In 2022
As MiCA Passes, The EU Advances Toward Regulating Cryptocurrency
When The Economic Tide Turns, Bitcoin Will Fare Better Than Other Assets
Bitcoin’s Total Hashrate Reaches A Record High Of 321 Exahashes Per Second.
An ESG-focused Cryptocurrency Hedge Fund Invests In Algorand And Polkadot
Mastercard Introduces New Crypto Product To Aid Banks Fight Against Fraud

Register at the best crypto leverage exchanges

– Web3 ETF Is Introduced By Bitwise For Institutional And Individual Investors

Bitwise Asset Management unveiled a new exchange-traded fund (ETF) that would give institutional and individual investors access to businesses that were positioned to benefit from the rise of Web3. The ETF, which trades under the ticker BWEB, tracks the Bitwise Web3 Equities Index and has over 85% exposure to businesses directly involved in Web3 business activities, such as Web3 infrastructure, finance etc. Read Full on cointelegraph.

– Coinbase Forms A Corporation In Australia And Increases Its Retail Customer Offerings

The biggest cryptocurrency exchange in the United States, Coinbase, has announced that it would now offer its services to retail users in Australia, simplifying the buying, selling, and trading of digital assets. Coinbase announced that it will be introducing PayID as a way for Australians to deposit money using direct transfers from their bank accounts. Coinbase first entered the Australian market in 2016, allowing local customers to buy Bitcoin and Ethereum.Read Full on Decrypt.

– The Crypto Marketplaces In The Middle East And North Africa Are Expanding Quickly

Particularly in the combined Middle East and North Africa (MENA) region, emerging markets continue to make their way into the cryptocurrency space, finding varieties of use cases. Users got $566 billion in cryptocurrency from July 2021 to June 2022, according to the MENA region’s transaction volume. This represents an increase of 48% from the prior year. Following MENA with growth rates of 40% and 36%, respectively, are Latin America and North America. Read Full on cointelegraph.

– Fidelity Asset Manager Unveiled A $5 Million Ethereum Index Fund

According to registration documents submitted today to the U.S. Securities and Exchange Commission, Fidelity has already invested $5 million in a new Ethereum index fund. The asset manager, Galaxy Digital CEO Mike Novogratz, registered its Fidelity Ethereum Index Fund on Tuesday but stated in its SEC filing that the first sale took place on September 26. The asset manager has $4.5 trillion in assets under management. Read Full on Decrypt.

– Over 6,000 NFT And Blockchain-related Trademarks Is Filled In US In 2022

According to information and a chart released on October 5 by trademark and patent attorney Michael Kondoudis (The Law Office of Michael E. Kondoudis), the number of NFT and blockchain-related trademarks in the US exceeded 6,000 between January 1 and September 30. It’s interesting to note that the total for 2021 was 2,142, or slightly under three times the first nine months of the current year. In terms of 2022, March saw the most activity with 1,080 new NFT trademarks being registered. Read Full on Finbold.

– As MiCA Passes, The EU Advances Toward Regulating Cryptocurrency

The Markets in Crypto Assets Regulation (MiCA) framework was agreed by members of the European Council early on Wednesday, marking a significant step toward creating guidelines for how digital asset exchanges and other service providers should operate in EU member states. Before the plan is formally adopted, the European Parliament will vote on it after today’s vote on October 10. If approved, it would ideally go into effect in the beginning of 2024. Read Full on Crypto Briefing.

– When The Economic Tide Turns, Bitcoin Will Fare Better Than Other Assets

When the economy becomes bullish again, according to Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, the top two cryptocurrencies will outperform other investments. According to the expert, Bitcoin in particular may be beginning to trade more like a safe haven asset, like Treasury bonds or gold. The fact that commodities seem to have peaked may mean that Bitcoin has reached its bottom, according to Bloomberg’s crypto outlook study. Read Full on CryptoPotato.

– Bitcoin’s Total Hashrate Reaches A Record High Of 321 Exahashes Per Second.

According to data from Coinwarz.com, the total hashrate of Bitcoin achieved a record high of 321 Exahashes Per Second at block height 757,214. (ATH). The last hashrate ATH was seen on September 11, 2022, at block height 753,647, when it hit about 301.87 EH/s, according to statistics from the BTC network’s hashpower. The network’s hashrate previously reached an ATH on June 8, 2022, at block height 739,928 achieving 292.02 EH/s before the climb above 300 exahash. Read Full on Bitcoin News.

– An ESG-focused Cryptocurrency Hedge Fund Invests In Algorand And Polkadot

In a bet that currencies with higher sustainability traits will prevail following a $2 trillion shakeout in digital assets, Modular Asset Management’s crypto hedge fund has been investing in tokens like Algorand and Polkadot. According to Chief Investment Officer Daniel Liebau, the Modular Blockchain Fund, which was established in May, has increased its acquisitions of Cosmos recently. Read Full on financialpost.

– Mastercard Introduces New Crypto Product To Aid Banks Fight Against Fraud

Mastercard joined forces with CipherTrace to launch a feature called “Crypto SecurMastercard, a global provider of financial services, just unveiled a brand-new product dubbed “Crypto Secure.” Its major objective is to support banks in preventing situations of digital asset fraud. Mastercard has established a reputation as a crypto-focused business, and some of its executives are ardent supporters of the sector. The blockchain firm CipherTrace, a partner of Mastercard in the project, will offer the technical foundation for launching the service. e.” Read Full on CryptoPotato.