Crypto News Cast 📮 25-06-2021

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

24hours Cryptocurrency Market Cap:

📈MarketCap: $1284 B
📊24h Mcap %: -87.00%
⚠️Bitcoin Dom: 46.50%
📌Active Coins: 6452
📍24h Vol %: 3.35%
💲24h Vol: $87 B

Crypto News Updates :

• Bitcoin Usage For U.S Banks and Credit Unions Coming Soon
• U.S Senator Cynthia Lummis Excited About Buying Bitcoin Dip
• Saifedean Ammous: Bitcoin Will Bounce Back Irrespective of Chinese Ban
• 50,000 Electric Vehicle Charging Stations in Europe To offer Crypto Payments
• Paraguay University To Begin Using Crypto For Tuition Fess Payment
• Mike Novogratz Described Bitcoin As the Future for Africa
• Winklevoss’ Gemini Aims To Reduce Bitcoin’s CO2 Footprint, Purchases Carbon Credits
• a16z Launches Its Largest Crypto Fund Of $2.2Billion Crypto Venture Fund
• FTX Partners With MLB, Becomes Sport's New Official Cryptocurrency Exchange Brand

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Bitcoin Usage For U.S Banks and Credit Unions Coming Soon

Stone Ridge subsidiary NYDIG partners with global payments technology provider Fiserv, to enable buying, selling, and holding of Bitcoin directly via their accounts by customers of financial institutions like banks and credit unions. According to NYDIG CEO Robert Gutmann, the partnership will take Bitcoin mainstream to institutions of all sizes and will meet clients demands. Also, the two firms plan to offer customers reward in Bitcoin. Read Full on U.Today.

U.S Senator Cynthia Lummis Excited About Buying Bitcoin Dip

U.S Senator Cynthia Lummis of Wyoming bought the Bitcoin dip when the number one Cryptocurrency by market cap dipped this week at discounted price. She is “excited to buy the Bitcoin dip” and she is super excited to buy more if it dips more. The Senator compared the performance of Bitcoin to other investments she had made which dropped and later yielded massive returns. She believes Bitcoin will yield massively because it has good fundamentals. Read Full on cointelegraph.

Saifedean Ammous: Bitcoin Will Bounce Back Irrespective of Chinese Ban

Saifedean Ammous, author of ‘The Bitcoin Standard‘ opines that China’s crackdown on Bitcoin will not have a long term effect, just like the previous crackdowns will had very little impact on Bitcoin. He was of the Opinion that Bitcoin always survive every challenge the Chinese government had thrown at it in the past. He believes Bitcoin will bounce back because you can’t ban Bitcoin but you can ban yourself from using it. Read Full on Finbold.

50,000 Electric Vehicle Charging Stations in Europe To offer Crypto Payments

Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm partnered to offer crypto payments through 50,000 electric vehicle (EV) charging stations in Europe. These crypto payments that will be executed through charging stations will be integrated within the next three years starting from November 2021. Vourity hinted that Ethereum would be one of the supported cryptocurrencies. Read Full on cointelegraph.

Paraguay University To Begin Using Crypto For Tuition Fess Payment

Universidad Americana in the South American Paraguay’s capital, Asunción announced accepting cryptocurrencies like Bitcoin and Ethereum for tuition fees this August. This move comes after congressman Carlos Rejala made statements about a bill that will allow cryptocurrencies to be used as a payment option. Universidad becomes the eightieth university across the world to use crypto. Also influenced by El Salvador and Panama adoption of crypto. Read Full on Forkast.

Mike Novogratz Described Bitcoin As the Future for Africa

Galaxy Investment CEO Mike Novogratz in a reply to an essay by HRW chief strategy officer Alex Gladstein titled "Fighting Monetary Colonialism with Open Source Code" has called Bitcoin "the future" for Africa. Novogratz added he cheered for Portugal in a match against frace because he has a strong believe that Crypto has a future in Africa. Novogratz has always been a strong supporter of Bitcoin and believes it'll transform the entire financial system. Read Full on U.Today

Winklevoss’ Gemini Aims To Reduce Bitcoin’s CO2 Footprint, Purchases Carbon Credits

The major cryptocurrency exchange, Gemini founded by Cameron and Tyler Winklevoss partners with Climate Vault, a nonprofit founded at the University of Chicago to set up a long-term initiative to blend climate-conscious measures into its space. Gemini looks at buying the carbon credit to offset non-renewable energy consumed by Bitcoin miners resulting to 350,000 metric tons of carbon. This will help decarbonize Bitcoin on the Bitcoin network which is Gemini's campaign focus. Read Full on cointelegraph.

a16z Launches Its Largest Crypto Fund Of $2.2Billion Crypto Venture Fund

Andreessen Horowitz, the venture capital fund led by Ben Horowitz and Marc Andreessen has publicly announced the completion of its third crypto venture fund, a $2.2 billion fund "Crypto Fund III" co-led by Chris Dixon and Katie Haun. This grows the popularity of crypto into their financial infrastructure. Multiple sources have indicated that Andreessen Horowitz is raising billions for crypto funds. This move is obviously influenced my the much inflow of crypto venture investments. Read Full on theblockcrypto.

FTX Partners With MLB, Becomes Sport's New Official Cryptocurrency Exchange Brand

Crypto exchange FTX Goes on a Five-year deal with the America’s premier baseball league, the MLB. This is a marketing move from the crypto platform and serves as a fan base of “early adopters”. FTX.US, the exchange’s U.S.-based entity, features on the umpire uniforms starting from July 13. The exchange will also enjoy promotion via the Sports TV channels with 1.58 million viewers in the first two sessions this year, according to CNBC. Read Full on Decrypt.