Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news The NYCCoin is set to launch on Thursday, November 11, with the community-led proposal endorsed by New York City Mayor-elect Eric Adams. The New York-focused token is being launched by… Continue reading WHO warns world leaders against knee-jerk reaction to coronavirus variant from South Africa as U.K. and EU impose travel bans
These money and investing tips can help a tough Friday for your portfolio become an easier Monday
The much-anticipated Bitcoin (BTC) upgrade, Taproot, is expected to finally be activated this week. Per taproot.watch, the upgrade will activate in 872 blocks from the time of writing, or in estimated 6 days. Taproot is a major event and a major upgrade – the largest one since SegWit, which was activated in 2017. Taproot is expected to:… Continue reading These money and investing tips can help a tough Friday for your portfolio become an easier Monday
Two ways Amazon plans to reduce the waste it creates
Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs). Per Fn News, the business group will unveil its plans at a meeting to be held at its… Continue reading Two ways Amazon plans to reduce the waste it creates
Oil prices claw back some of Friday’s rout, as OPEC reportedly set to delay technical meetings
The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past cycles, with real use cases coming into focus. In terms… Continue reading Oil prices claw back some of Friday’s rout, as OPEC reportedly set to delay technical meetings
Crypto Dilemma in Indonesia, ‘Bitcoin Yield’ In Miami, Disney’s Metaverse + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation news Indonesia’s council of religious leaders, the National Ulema Council, or MUI, has deemed cryptocurrency as haram, or banned, as it has elements of uncertainty, wagering, and harm, Asrorun Niam Sholeh,… Continue reading Crypto Dilemma in Indonesia, ‘Bitcoin Yield’ In Miami, Disney’s Metaverse + More News
Bitcoin Consolidates While Ethereum and Altcoins Inch Higher
Bitcoin price is consolidating losses near USD 65,000. Ethereum is rising towards USD 4,800, BNB is up 3%. SHIB gained 5%, and MANA rallied 19%. Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near… Continue reading Bitcoin Consolidates While Ethereum and Altcoins Inch Higher
Most Cryptos Correlated with Stocks, Not with Gold – Analysts
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found. The correlation between the largest cryptocurrency and the S&P 500 stock index stood… Continue reading Most Cryptos Correlated with Stocks, Not with Gold – Analysts
Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash’
Ukraine’s corruption watchdog has unearthed what it believes is evidence of possible irregularities on an MP’s crypto declaration – and her cache of bitcoin (BTC), ethereum (ETH), and ethereum classic (ETC). As previously reported, Ukrainian anti-corruption laws oblige all MPs to file declarations detailing all their assets – including cryptoassets. And per Slovoidilo, the National… Continue reading Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash’
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