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“# Manchester City soccer club launches fan token with Socios ” Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement. According to an official announcement Friday, Manchester City has partnered with fan engagement platform Socios.com to launch the CITY…
“# Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says ” According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million. In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred…
“# Bitcoin is now ‘too important to ignore’, Deutsche Bank says ” Bitcoin’s (BTC) market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,” according to Deutsche Bank analysts. Deutsche Bank Research, the financial research subsidiary of global banking giant Deutsche Bank, issued a report devoted exclusively…
“# Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s clothing ” Cryptocurrency adoption has been penetrating the mainstream at an exponential rate. While most investors are going straight into buying the likes of Bitcoin (BTC) and Ether (ETH), a few skeptical investors want to invest in the cryptocurrency economy without exposure to…
“# Would a US wealth tax push millionaires to Bitcoin adoption? ” Levying a progressive tax on the ultra-wealthy has been a talking point long popular with many United States Democrats, yet such a policy would have been unimaginable under a Republican administration and a split Congress. Now that the Democratic Party is back in…
“# Buyer of Beeple’s $69M NFT on Christie’s discloses identity ” The mysterious buyer of the world’s most expensive non-fungible token “Everydays: The First 5000 Days” by Beeple, has revealed their identity. Metapurse, a global NFT fund whose founder successfully bid and acquired the piece in a Christie’s auction for $69.3 million in early March,…
“# Bank of America analyst slams Bitcoin : Buying 1 BTC is ‘like owning 60 cars’ ” Bank of America analyst Francisco Blanch has slammed Bitcoin as “exceptionally volatile”, “impractical” and an environmentally disastrous asset that’s useless as a store of wealth or an inflation hedge. For good measure Blanch also asserted the cryptocurrency is…
“# $60K Bitcoin price back in sight after Morgan Stanley and Fed announcements ” Optimism returned across the cryptocurrency market on March 17 following a brighter economic forecast from the U.S. Federal Reserve and comments which hinted at the possibility of an interest rate hike in 2022 if employment and economic indicators continue to improve. Data…
“# Morgan Stanley introduces Bitcoin investing for millionaire clients ” Institutional banking powerhouse Morgan Stanley seems to have given Bitcoin its nod of approval. Based on fresh intel via an “internal memo”, as reported on by CNBC, Morgan Stanley will give clients access to Bitcoin (BTC) investing, though only under specific conditions. “The investment bank,…
“# Tesla may have made more money holding Bitcoin than selling cars ” It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission. While the exact BTC purchase size was not revealed in the document, with Bitcoin trading between…