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Top 10 Crypto News, 16th June
Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!
Himanshu S.
2:09 16th Jun, 2022

Samsung Rolls Out New Digital Wallet

The Samsung Wallet combines Samsung Pay and Samsung Pass into one platform and provides access to IDs, payment and loyalty cards and boarding passes.

USDC Issuer Circle To Introduce Euro-Backed Stablecoin In U.S.

The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions. Circle Internet Financial, the issuer of the USD Coin (USDC) dollar-pegged stablecoin, is set to introduce a new token by the end of the month – this one backed by the single European currency.

Yahoo Launching Metaverse Events For Hong Kong Residents Under Restrictions

Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA. The move comes after Facebook owner Meta announced its plans for a series of metaverse events in Hong Kong.

American Billionaire J. Gundlach Skeptical Of Bitcoin At $20k, Says It Could Fall As Low As $10k

While the cryptocurrency market is still trying to recover from the carnage it went through over the previous week, some investment experts are bearish on its flagship digital asset – Bitcoin (BTC), predicting it could drop a lot lower from where it is at the moment.

US Labor Dept. Urged To Rescind Crypto Guidance As Pushback Grows

The US Department of Labor continues to receive pushback on guidance issued in March restricting crypto for use in 401(k) retirement plans. The US President’s executive order calls for a unified approach to crypto regulation and innovation. The Crypto Council for Innovation said Wednesday the Department of Labor’s guidance, issued in May, takes a one sided-approach to the nascent asset class.

Metaverse Could Be Worth $5 Trillion By 2030: McKinsey Report

A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030. Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.

A Manhattan Landlord Listed His Office Building In ETH As An NFT. Then Its Price Dropped $12M

The owner, Chris Okada, says the building will be relisted in the coming days to adjust for ether’s 40% price drop. A New York City office building went on sale for $29 million two weeks ago, but with a Web 3 twist: The rights to purchase the property are being sold as a non-fungible token (NFT) on OpenSea.

71% Of High Net Worth Individuals Have Invested In Digital Assets: Survey

A new survey suggest most of the world's wealthiest have invested in digital assets and wealth management firms have been advised to prioritize providing education and advice.

Jake Paul Is Broke After 'Putting All His Money In Crypto,' According To Logan

Jake Paul could be in trouble after the crypto crash. Jake Paul is apparently "poor" after he invested his money in cryptocurrency, according to his brother Logan.

Bitcoin, Ethereum, Axie Infinity, Zcash, Cardano Daily Crypto Price Analysis

The crypto market has seen a positive trend, adding 4.19%. Bitcoin improved, adding 3.27%. Ethereum showing an uptrend, adding 3.44%. Axie Infinity and Zcash are attracting new gains, adding 14.44% and 8.86%. Cardano ADA prices are facing resistance at $0.55. The price has increased up to $0.648.

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