Crypto News Cast 📮 28-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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Crypto News Updates :
- European Central Bank Says 10% Of Eurozone Households Hold Cryptocurrency
- Bitcoin, According To Billionaire Bill Miller, Is Insurance Against Financial Disaster
- European Central Bank Head And Bitcoin Critic, Christine Lagarde Claims Her Son Trades Crypto
- Charles Hoskinson Emphasizes Cardano’s Commitment To Only Engage On Regulated Commerce
- SHIB Is Now A Payment Mechanism Accepted By Hotel Booking Platform XcelTrip
- Stellar Foundation Partners In A Project To Develop Digital Pilot In Brazil
- Tesla Merchandise Can Now Be Purchased With Dogecoin
- Cryptocurrency Use In International Trade Is Being Considered By Russia
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– European Central Bank Says 10% Of Eurozone Households Hold Cryptocurrency
According to the ECB’s Consumer Expectations Survey, an average of 10% of houses in the six countries (EuroZone) where the poll was conducted own crypto-assets, with the percentage ranging from 6% in France to 14% in the Netherlands. Around 37% of respondents said they possessed cryptocurrencies worth up to 999 euros ($1,065), 29% said they had between 1,000 and 4,999 euros, and 13% said they had between 5,000 and 9,999 euros. Read Full on Finbold.
– Bitcoin, According To Billionaire Bill Miller, Is Insurance Against Financial Disaster
Bitcoin (BTC) is an insurance policy against financial disaster, according to Bill Miller, the billionaire founder and chief executive officer of investment firm Miller Value Partners. Miller backed the cryptocurrency as a way for those who are caught in the middle of a war to still have access to financial services. He referenced the breakdown of Afghanistan’s financial system following the US pullout in August 2021 as an example. Read Full on cointelegraph.
– European Central Bank Head And Bitcoin Critic, Christine Lagarde Claims Her Son Trades Crypto
Christine Lagarde, the president of the European Central Bank and a vocal critic of Bitcoin, has confessed that her son has invested in cryptocurrencies, but she still refuses to touch them. Lagarde is a vocal opponent of Bitcoin and other cryptocurrencies. She recently stated that such assets were worthless. Lagarde, on the other hand, is a big fan of centralized cryptocurrencies, such as central bank digital currencies (CBDCs). Read Full on Decrypt.
– Charles Hoskinson Emphasizes Cardano’s Commitment To Only Engage On Regulated Commerce
Charles Hoskinson, the CEO of Input Output Hong Kong (IOHK) and the founder of Cardano (ADA), recently stated his thoughts on the current state of affairs in Washington, D.C. Cardano will continue to engage with organizations like the DCC, the blockchain association, and others to seek collaborative opportunities, according to Hoskinson. He also stated that the Cardano ecosystem will be engaging and eager to conduct regulated commerce. Read Full on Finbold.
– SHIB Is Now A Payment Mechanism Accepted By Hotel Booking Platform XcelTrip
Hotel booking platform XcelTrip announced the introduction of SHIB as a payment mechanism, thereby increasing SHIB’s widespread acceptance and use case. Fans and holders of the Shiba Inu token can now plan their own trips and pay in full with the Shiba Inu token. Users may now book 2.3 million hotels, 450 airlines, and car rentals in over 70 countries using SHIB, according to XcelTrip. Read Full on U.Today.
– Stellar Foundation Partners In A Project To Develop Digital Pilot In Brazil
As part of a wide-ranging test program aimed at expanding Brazil’s blockchain economy, the Stellar Development Foundation (SDF) has partnered with a renowned crypto exchange, Mercado Bitcoin exchange. The Financial and Technological Innovations Laboratory (LIFT) of the Central Bank of Brazil is working on a study to investigate Central Bank Digital Currency (CBDC) potential applications. Read Full on The Daily Hodl.
– Tesla Merchandise Can Now Be Purchased With Dogecoin
Elon Musk, the CEO of Tesla, announced on Twitter that Dogecoin can now be used to purchase the company’s items. In the near future, SpaceX, Musk’s space company, will make it possible to pay for merchandise with doge money. On the announcement, the price of Dogecoin jumped 15.8% before reversing part of its gains. His tweet only managed to raise the price of DOGE for 26 seconds before it quickly lost all of its gains.Read Full on U.Today.
– Cryptocurrency Use In International Trade Is Being Considered By Russia
The Ministry of Finance of Russia is considering enabling cryptocurrencies to be used in foreign trade. As the country continues to face Western sanctions that began in February, the ministry is considering including a broader variety of digital currencies among the accepted payment methods for international trade. That’s when US President Joe Biden blacklisted five of Russia’s largest banks and froze all of their assets in the US, totaling over $1 trillion. Read Full on Bitcoin Magazine.
