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Crypto News Cast For June 7th 2021 ?


Crypto News Cast 📮 07-06-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap:          $1644 B
📊24h Mcap %:        5.68%
⚠️Bitcoin Dom:        40.90%
📌Active Coins:       6452
📍24h Vol %:          -0.10%
💲24h Vol:                $83 B

Crypto News Updates :

  • El Salvador President Aims To Embrace Bitcoin As Legal Tender
  • Solana Is Raising Up to $450 Million In Bid To Take On Ethereum
  • Winklevoss Twins, Tony Hawk Donates $550,000 In Bitcoin To Charity: water
  • Tony Hawk Says He First Bought Bitcoin In 2012 And Is Still Holding Bitcoin
  • 22% of Australians Prefer Crypto Investment For Mortgage and Real Estate
  • Norway Finance Minister Believes Cryptocurrency Has Interest And Will Experience Breakthrough
  • 32 Major Companies Holds $11.7 Billion Worth of Bitcoin


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- El Salvador President Aims To Embrace Bitcoin As Legal Tender

El Salvador President Nayib Bukele announced, via Zoom, that he will send a bill to the country's congress to recognize Bitcoin as legal tender. If the bill goes through without a hitch, El Salvador will be the first nation to officially recognize Bitcoin as legal tender. According to Jack Mallers, founder of Strike, a crypto wallet built on the Lightning Network.70% of the population there does not have a bank account, and 20% of the country's GDP comes from remittances sent by migrants to family members. Read Full on Decrypt.

- Solana Is Raising Up to $450 Million In Bid To Take On Ethereum

The upstart blockchain Solana, which some have dubbed a potential "Ethereum killer," has raised a large amount of money to scale up its ambitions, which include becoming a go-to home for decentralized applications, or dapps. The project — which is best known for powering FTX's decentralized exchange Serum — could raise anywhere from $300 million to $450 million from the raise, Solana's blockchain promises more scalability through a new consensus mechanism known as Proof of History. Read Full on Decrypt.

- Winklevoss Twins, Tony Hawk Donates $550,000 In Bitcoin To Charity: water

Non-profit organization named Charity: water, launched a charitable Bitcoin trust that will hold donations until at least January 2025. The Bitcoin trust was announced during the Miami Bitcoin Conference and has sourced 15 BTC about $550,000 in donations from Cameron and Tyler Winklevoss, skateboarder Tony Hawk and investor Bill Miller. The nọn profit is working towards providing drinking water to the developing world. Read Full on Decrypt.

- Tony Hawk Says He First Bought Bitcoin In 2012 And Is Still Holding Bitcoin

Professional skateboarder Tony Hawk announced that he had first purchased Bitcoin in 2012 after discovering how it worked on Silk Road. The skateboarder spoke about how bitcoin grabbed his attention as a means of exchange, saying “it was very fast and international. For me, it was the future of finance.” The skateboarding legend did admit that he had not sold any bitcoin as of yet. Hawk said bitcoin had risen in popularity much faster than skateboarding had. Read Full on BeInCrypto.

- 22% of Australians Prefer Crypto Investment For Mortgage and Real Estate

Kraken crypto exchange conducted a research which showed that one out of five Australians believe that cryptocurrency plays a major role in helping them with saving up for their mortgage. 22% of the respondents believe investing in cryptocurrency is an easier way to save for mortgage than the traditional savings method. While about 40% prefer to buy properties with their crypto as a better alternative to fiat. Read Full on cointelegraph.

- Norway Finance Minister Believes Cryptocurrency Has Interest And Will Experience Breakthrough

Norway finance minister, Jan Tore Sanner, shared during an interview that Cryptocurrencies will experience a breakthrough because over time crypto will go through a development period and will get more stabilized mechanisms. The finance minister mentioned that Crypto has great interest in Norway and internationally. He opined that people should be free to choose to invest in bitcoin and with proper regulation it will go mainstream. Read Full on Bitcoin News.

- 32 Major Companies Holds $11.7 Billion Worth of Bitcoin

Data from CryptoTreasuries show that 32 companies hold about 325,013 bitcoin put together which is valued at about $11.7 billion. And 11 companies hold 169,279 ETH valued at about $470 million. This is an indication of how much value is placed on these digital assets. Block.One holds the largest quantity of bitcoin, 140,000 BTC, followed by MicroStrategy and Tesla. MicroStrategy holds 90,859 BTC. Read Full on BeInCrypto.

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