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“# Money managers with zero crypto exposure risk being left behind — Bloomberg strategist ” The career risk surrounding cryptocurrency is shifting to money managers who don’t have exposure to digital assets as opposed to those who are already invested, highlighting a dramatic shift in institutional acceptance of Bitcoin (BTC) and decentralized finance, according to…
“#Miami Mayor Francis Suarez to take next paycheck in bitcoin” Miami Mayor Francis Suarez — who’s been courting tech entrepreneurs and cryptocurrency enthusiasts to move to the city — announced Tuesday that he’ll take his next paycheck entirely in bitcoin. Suarez, 44, made the comment Tuesday in response to a tweet from crypto enthusiast and…
“# Bitcoin reverses Tuesday gains, while Solana joins Ethereum in fresh all-time highs ” Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price inches back toward $62,000 Data from Cointelegraph Markets Pro and TradingView confirmed…
“# To the moon: Huobi wants to send someone to space for its 8th birthday ” Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way. The company will hold a series of events as part of its eighth-anniversary celebrations,…
“# NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust ” NYSE Arca, a subsidiary of the New York Stock Exchange (NYSE) Group, wants to list and operate a trust based on Bitcoin (BTC) exchange-traded products (ETP). In a rule-change proposal with the United States Securities and Exchange Commission, NYSE Arca proposed to…
“# El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust ” The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset. Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction…
“# JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’ ” American multinational investment bank JPMorgan has put a price on Bitcoin and it is a lot less than the asset currently trades for. In a report to investors as part of the bank’s inaugural outlook focused on alternative investments,…
“# Laotian govt budget expected to gain $194M from crypto miners by 2022 ” The Laos government’s pilot project to explore cryptocurrency mining and trading is expected to bring in roughly $194 million towards the country’s total domestic revenue projected for 2022. According to a Nov. 2 report from Malaysian news outlet The Star, the…
“# Miami mayor plans to accept first paycheck entirely in Bitcoin ” Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or…
“# Ethereum price hits a new high above $4,500 right as Bitcoin recaptures $64K ” Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As the price of…