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Daily News Headlines | Latest Crypto News (24th 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.

 

Altcoins Rally As Bitcoin Recovers to $34,000 After Brief Crash

 

Crypto markets recouped $76 billion in market capitalization after Bitcoin(BTC) rebounded to $34,800 on June 23. The recovery also triggered altcoins to fare better than before with Ether surging past $2000.

 

Aavegotchi Announces Litepaper on Upcoming Gamified Metaverse

 

Aavegotchi — a project based on DeFi-focused non fungible tokens(NFTs) that run on decentralized money market Aave — has announced the release of a litepaper to educate people about its upcoming gamified metaverse called the “Gotchiverse”. A unique combination of DeFi and NFTs, Aavegotchi enables investors to accumulate gains on their staked assets through interest and interaction with the projects’ metaverse.

 

US Senator Cynthia Lummis Plans to Buy More Bitcoin as Value Dips

 

US Senator Cynthia Lummis is “really excited” about the Bitcoin(BTC) dip as she plans to increase her holdings. During an appearance on Fox News, the Republican leader said that she was among the traders who capitalized on the currency’s deeply discounted prices.

 

Crypto Asset Management Market to Reach $1.1 billion by 2025: Report

 

The global crypto asset management market size is projected to grow from $0.4 billion in 2020 to $1.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 23.8%, according to a new report published by Credible Markets. The report provides an extensive database on cryptocurrency management services.

 

Crypto Evangelist and Software Pioneer John McAffee Dies in Spanish Prison

 

Crypto evangelist and software pioneer John McAffee was reportedly found dead at a Spanish prison after a court ruled in favor of his extradition to the United States. The founder of the reputed antivirus software company bearing his name had been indicted on charges of tax evasion in October.