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Daily News Headlines | Latest Crypto News (22nd June) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we know it, in the coming days.


MicroStrategy Acquires More Bitcoin, Holds More Than 105,000 BTC


Business analytics firm MicroStrategy has added more Bitcoin to its balance sheet, taking the company’s collective holdings to a whopping 105,085 BTC. According to an announcement from the firm’s CEO Michael J. Saylor, MicroStrategy spent $489 million to add another 13,005 BTC to its treasury.


DCG to Invest $50 Million in Shares of Grayscale’s Ethereum Classic Trust


Digital Currency Group (DCG) has announced that it plans on investing $50 million in shares of its subsidiary Grayscale’s Ethereum Classic trust (ETC). Like the company’s Bitcoin Trust, ETC is designed to offer secure exposure to Ethereum trading, minus the hassle of maintaining a wallet or storing private keys.


Sotheby’s to Accept Crypto Payment For Rare Diamond Auction


The world’s largest broker of collectibles, Sotheby’s, is set to make history with its latest auction that would see traditional money offers compete against crypto bids. In a historic first, Sotheby’s announced that it would allow cryptocurrency payment in exchange for its rare 101-carat diamond, which is expected to fetch up to $15 million.


Bank of Israel Holds a Pilot Test for its Central Bank Digital Currency


The Bank of Israel has already carried out a pilot test on its central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed at a conference of the Fair Value Forum of IDC Herzliya. Deputy Governor Andrew Abir said that the Bank of Israel has issued its digital shekel as part of an internal pilot program, as reported by The Jerusalem Post.


Morgan Stanley Co-leads Fundraising for Blockchain Startup Securitize Inc


Morgan Stanley co-led a Series B fundraising round in Securitize Inc., a startup developing a blockchain platform for the investors to purchase and sell shares in assets. Morgan Stanley Tactical Value Investing is a crew within the investment management firm that has put its money in Securitize marking the first investment in the blockchain industry.