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“# El Salvador stacks 150 Bitcoin after BTC price crashes below $50k ” The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November. Salvadoran president Nayib Bukele announced the purchase of 150 BTC as…
“# WisdomTree launches four cryptocurrency indices in US and Europe ” On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp,…
“# ‘We want to be the AWS of crypto,’ says Coinbase exec ” With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it’s no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud…
“# Crypto community responds to Charlie Munger yelling at Bitcoin again ” As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments. The vice-chairman of Warren Buffett’s Berkshire Hathaway spoke of crypto at Australia’s investor event, the Sohn Hearts and Minds conference,…
“# Digital dollar needs broad consensus among authorities, says US Treasury Secretary ” U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether…
“# NFT music platforms to disrupt Spotify in 2022, Saxo Bank predicts ” As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted. According to one of Saxo Bank’s Outrageous Predictions 2022: Revolution, music…
“# 5 year study: Can token rewards improve HIV patient outcomes in Africa? ” A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year. On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and the Masinde Muliro University…
“# Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base ” Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto. In a Thursday announcement, Okcoin said that in…
“# First NFT-focused ETF lists on NYSE Arca ” On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year….
“# Adidas enters the Metaverse with NFT partnerships ” On Thursday, Adidas announced it was entering the Metaverse in collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS comic. In an article posted on the Adidas mobile app, the developers behind the initiative said the following: This autumn, Adidas, known for celebrating ideas at…