From the point of view that the return of Bitcoin to the $ 60,000 region is a very good signal for the market to China, which is putting some companies under pressure to accept CBDCs. Here are some highlights from the crypto market.
Speaking at a conference hosted by the Stanford Federalist Association, billionaire Peter Thiel claimed that Bitcoin’s return to the $ 60,000 region was “an extremely positive signal”.
– U.Today (@Utoday_en) October 20, 2021
The famous venture capitalist who co-founded PayPal with Elon Musk claims that the largest cryptocurrency is the “most honest” market that reflects the growth potential of the crypto space. Thiel also criticized President Joe Biden’s regime and called it a “catastrophe”.
Chainalysis plans to buy a new amount of bitcoin.
The blockchain analytics company Chainalysis has to plan bought a certain amount of Bitcoin for the company’s balance sheet through the brokerage services of the New York Digital Investment Group.
In a blog post on Tuesday, Chainalysis said it will expand its partnership with New York Digital Investment Group (NYDIG) to buy an undisclosed amount of Bitcoin (BTC), the price of which has peaked in the past five months. The purchase decision was made based on a strong belief in Bitcoin coupled with NYDIG’s expertise in digital assets.
Grayscale currently holds over $ 40 billion worth of BTC volume.
Grayscale Investments said the number of crypto assets under management exceeded $ 54 billion as of October 19, with $ 40.5 billion held in bitcoin.
UPDATE 10/19/21: Net assets under management, stocks per unit and market price per unit for our investment products.
Total assets: $ 54.3 billion$ BTC $ BAT ONLY $ BCH $ LINK $ MANA $ ETH $ ETC $ FIL $ ZEN $ LTC $ LPT $ XLM $ ZEC $ UNI $ AAVE $ COMP $ CRV $ MKR $ SUSHI $ SNX $ YFI $ UMA $ Billion $ ADA $ SOL pic.twitter.com/gpLnx7ZdtV
– grayscale (@grayscale) October 19, 2021
According to the Bybt service, the total assets of the Grayscale Bitcoin Trust are 647,540 BTC, valued at $ 41,518,451. The trust’s stock, GBTC, is still trading at a negative premium of -16.56%.
Kiyosaki has changed its view of Bitcoin.
Robert Kiyosaki, the author of the popular book “Rich Dad, Poor Dad”, has now changed his mind by saying that the future of Bitcoin is bright, contrary to his previous prediction.
Specifically, at the end of September, Robert Kiyosaki gave the crypto community a heartbeat phase when he commented that the stock market crash in October could severely affect Bitcoin. However, given current developments, Kiyosaki immediately changed his mind when Bitcoin passed the $ 64,400 mark.
Hooray. Bitcoin rises above $ 60,000. The future is very bright. Celebrate but be careful. I am waiting for a retreat before investing more.
– therealkiyosaki (@theRealKiyosaki) October 15, 2021
During an appearance on CNBC on Tuesday, AMC CEO Adam Aron announced that the world’s largest cinema chain will allow payments in Dogecoin in the first quarter of 2022.
AMC CEO Adam Aron says the company will accept Bitcoin, Litecoin and Ethereum “before the end of the year,” with Dogecoin expected in the first quarter. pic.twitter.com/9OUAByw2Ox
– Antonio Martinez (@AntonioTheMexi) October 19, 2021
Customers will be able to pay for tickets and do preferred deals with the top meme cryptocurrency.
As previously announced, AMC will add support for Bitcoin, Ethereum and Litecoin later this year.
follow Press release In 19, the National Basketball Association (NBA) announced a multi-year agreement with Coinbase, the largest US cryptocurrency exchange.
Coinbase will act as the exclusive partner of the NBA, the NBA G League, the National Women’s Basketball Association (WNBA) and other leagues.
As part of the deal, the exchange’s branding will be featured in televised games as well as a number of other activities aimed at raising awareness of the cryptocurrency.
China should be put under pressure force McDonald’s to accept their central bank digital currency.
The fast food giant has started testing the digital yuan in Shanghai. However, the Chinese government wants McDonald’s to be able to pay with CBDCs at all of its locations across the country before the Beijing Winter Olympics open in early February.
Several other large US companies such as Nike and Visa are also facing this pressure, according to the report.
follow data According to CoinShares’ market report, crypto custodians now hold a record $ 72 billion in crypto assets in the market.
The report also shows Bitcoin’s fifth straight week of net profits. Since October 18, bitcoin inflows into the company have reached $ 69.9 million. This led CoinShares to launch the ProShares Bitcoin ETF. This is believed to be the first Bitcoin-Linked ETF to be issued in the US market.
Along with the increasing activity of Polkadot (DOT), Kusama (KSM) has also decided to expand the playing field by changing its auction schedule.
As soon as Polkadot (DOT) announced the timing of a Parachain auction and implemented the development process after 5 years of construction with a USD 774 million development fund for DeFi, Kusama (KSM) immediately took measures to maintain the “madness”. Polkadot for investors.
In particular, on October 18, Kusama published Proposal 377, which calls for a community vote to look for innovations in the platform’s auction method.
Based on the community’s reaction to the Polkassembly contribution “The Case for Continuous Auctions”, a council member submitted a motion to the council to vote on the planning of the next auctions. If the auction is successful, the first auction will take place in block # 97777777 [Oct. 23, 2021].https://t.co/Av8OpeMxY8
– kusama (@kusamanetwork) October 18, 2021
Hindenburg Research officially announced on October 20 that it was skeptical of Tether’s legitimacy.
The company also offered up to $ 1 million in rewards for key details about Tether’s reserves, claiming that the Tether issue could pose a major threat to investors across the system.
We were concerned about Tether’s legitimacy, so today we’re announcing the Hindenburg Tether Bounty Program, a reward of up to $ 1,000,000 for details in helping Tether.
(1 / x)https://t.co/DP5dWDcYmJ
– Hindenburg Research (@HindenburgRes) October 19, 2021
News Multicoin Capital
Hedge fund Multicoin Capital plans to raise $ 250 million for its third crypto hedge fund.
Multicoin Capital’s third mutual fund is known to be focused on helping crypto startups, especially those in the DeFi space.
Multicoin Capital, based in Austin, Texas, raised $ 100 million for its second mutual fund in May and now plans to complete the new fundraising by the end of the year.
Multicoin Capital will raise $ 250 million for its third crypto-focused fund@multicoincap plans to raise $ 250 million for a third crypto venture fund. The initiative comes less than six months after raising $ 100 million for its second crypto fund.
– TOP 7 ICOs (@ top7ico) October 20, 2021
DraftKings Marketplace and Polygon already resulting to drive global adoption for the NFT market.
Paul Liberman, co-founder, global technology and product development director at DraftKings, noted that scalability and sustainability seem to be the biggest challenges for most blockchain networks, which is why the company has partnered with Polygon.
By leveraging Polygon technology, DraftKings will enhance the capabilities of the NFT marketplace and provide users with an enhanced experience, including access to exclusive NFT collections.
The Central Bank of Ghana has researched how to offer CBDC to offline users.
The central bank of Ghana is find a way makes its digital currency e-cedi available to users offline.
According to Kwame Oppong, Head of Fintech and Innovation at the Bank of Ghana (BOG), e-cedi should also enable transactions without electricity or connectivity.
The bank hopes to make the e-cedi usable in an offline environment through a series of smart cards.
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