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Crypto News Cast For June 10th 2021 ?


Crypto News Cast 📮 10-06-2021

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1577 B
📊24h Mcap %:       -29.85%
⚠️Bitcoin Dom:        43.40%
📌Active Coins:       6452
📍24h Vol %:           -19.79%
💲24h Vol:                $107 B

Crypto News Updates :

  • Mexican Lawmaker Proposes Legislation To Make Crypto Mainstream in Mexico
  • Mobile Fintech App Revolut Enables Dogecoin Trading For Users
  • Victory Capital Announced Its Plan To Enter The Cryptocurrency Market
  • NFT-Powered Health App Set To Be Released By Enjin
  • Solana Raised $314 Million From Funding Round Of It's Token Sale
  • Trading Platform Interactive Brokers Based In US, Will Offer Cryptocurrency Trading
  • UNICEF To Invest $500,000 ETH and Fiat in Seven Blockchain Startups
  • U.S. Senator Ted Cruz Supports Bitcoin As a Hedge Against Inflation
  • BTCPay Server Received $30,000 Grant From Gaming Operator PNXBET
  • India Reportedly Removes Crypto Ban, Classifying Them As Alternative Asset Class
  • Americans Made Up to $4.1Billion Profits From Bitcoin


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- Mexican Lawmaker Proposes Legislation To Make Crypto Mainstream in Mexico

Eduardo Murat Hinojosa, a senator of the federal government of Mexico, plans to submit a proposal to lawmakers targeted at making crypto go mainstream within Mexico. Hinojosa shows his support for Bitcoin by changing his profile to one that shows him speaking into a microphone with the popular laser eyes. The Proposal specifically mentioned creating a legal platform that will Promote Bitcoin specifically within Mexico’s lower house. Read Full on cointelegraph.

- Mobile Fintech App Revolut Enables Dogecoin Trading For Users

Revolut fintech app based in London enables buy, sell and hold within its app according to their announcement today, including 29 other cryptocurrencies. The mobile banking app shared that the memecoin Dogecoin (DOGE) was enabled due to the popular requests from users. The cryptocurrency has gained popularity over the past months and has gained traction in mainstream adoption. Head of crypto at Revolut, Ed Cooper said customers can now buy and sell DOGE. Read Full on Decrypt.

- Victory Capital Announced Its Plan To Enter The Cryptocurrency Market

Victory Capital plans to launch a private fund for accredited investors tracking the NCI and also track the Nasdaq bitcoin reference and ethereum price index, where investors can seek returns that align with the crypto market in a diversified manner gaining exposure to multiple digital assets as the market continues to mature. Hashdex launched the world's first crypto index exchange-traded fund (ETF) in February. At the Moment, Victory capital has more than $157billion assets under management. Read Full on businesswire.

- NFT-Powered Health App Set To Be Released By Enjin

Enjin, a blockchain platform collaborates with Telehealth company HealthHero In San Francisco to launch a wellness app called Go!. Users can now from the data the app gets to create their well-being non-fungible tokens (W-NFTs) which will match up their personal health needs. Being powdered by Enjin's JumpGo blockchain offers scalability in the NFT space. The app also seeks to help in the more adoption of NFTs in a more revolutionary ways. Read Full on gohealthhero.

- Solana Raised $314 Million From Funding Round Of It's Token Sale

During a private taken sale, Solana is currently trading at $43 has realized $314 million in a funding round led by Andreessen Horowitz and Polychain Capital. The platform hopes to get some of the fast growing decentralized finance market focused on Ethereum. Solana like ethereum uses smart contracts but conducts transaction faster with lower cost. According to Solana CEO, the platforms plans to support abd fund dApps, DeFi platforms, and Web3 project. Read Full on Crypto Briefing.

- Trading Platform Interactive Brokers Based In US, Will Offer Cryptocurrency Trading

As revealed by Thomas Peterffy, founder of The United States foreign exchange company Interactive Brokers, the company will offer direct cryptocurrency trading to clients. He said this is fueled by the much demands from the clients as they keep asking for crypto trading to be included in stocks, options, futures, bonds and funds the foreign exchange company already offer. The currencies are yet to be mentioned but undoubtedly, BTC must be among the list. Read Full on cointelegraph.

- UNICEF To Invest $500,000 ETH and Fiat in Seven Blockchain Startups

UNICEF is working towards investing more than $500,000 in ETH and fiat in seven blockchain startups. The firms and specific amount they will receive includes: Grassroots Economics will receive 40.5 ETH, Rahat will receive $100,000, BX Smart Labs will receive 18.9 ETH, Leaf Global will receive 20.7 ETH and $48,900 in cash, Xcapit will receive 43.8 ETH, Kotani Pay will receive 19.9 ETH, and Somish Blockchain Labs will receive $50,000. Read Full on Forkast.

- U.S. Senator Ted Cruz Supports Bitcoin As a Hedge Against Inflation

U.S. Senator Ted Cruz shared that Bitcoin has “a lot of potential, with a lot of growth in it” in an interview with Fox News host Sean Hannity. He believes that people are choosing Bitcoin because of its hedge against inflation considering that the prices of commodities are going up. Microstrategy CEO Michael Saylor who was interviewed also, thinks that Bitcoin means “property and freedom” to billions of people. Read Full on U.Today.

- BTCPay Server Received $30,000 Grant From Gaming Operator PNXBET

BTCPay Server received a grant of $30,000 USD paid in bitcoin from PNXBET, a gaming operator offering online casino games and a sportsbook, headquartered and licensed in Curaçao. BTCPay Server is a self-hosted, open-source cryptocurrency payment processor. PNXBET also use BTCPay Server’s Pull Payments feature for withdrawal as much as it supports the server firm, which helps them save over a hundred thousand dollars in fees every year. Read Full on CryptoNinjas.

- India Reportedly Removes Crypto Ban, Classifying Them As Alternative Asset Class

India state authorities have reportedly removed the blanket Bitcoin ban to favor cryptocurrencies classifying them as an alternative asset class. Also, Securities and Exchange Board of India will regulate Crypto in collaboration with the Ministry of finance who is reportedly looking into protocols for Crypto regulation. According to inside source, a comprehensive crypto regulatory bill will be debated on during the Monsoon Session beginning in July. Read Full on cointelegraph.

- Americans Made Up to $4.1Billion Profits From Bitcoin

Blockchain analytics platform, Chainalysis show that Americans made the most Profits from Bitcoin in 2020 after it Increased up to 300%. Americans made profits of about $4.1 billion in bitcoin while Chinese citizens made up to $1.1 billion making it second place to America. Japan comes third with up to $900 million in profits, while United Kingdom takes 4th position with $800 million, and Russia takes up fifth with $600 million. Read Full on Finbold.

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