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The state of California is considering making Bitcoin legal tender.

Political advisor Ian Calderon and self-described Bitcoiner Dennis Porter are planning to introduce a bill making Bitcoin legal tender in the state of California.
The post The dominoes are falling, California to considering Bitcoin as legal tender appeared first on CryptoSlate. Source cryptoslate.com…

BBC’s controversial documentary about crypto millionaire shows the dangers of mainstream media

Earlier this week, the BBC pulled a documentary about a crypto trader after the Guardian raised questions about the legitimacy of its claims.
The post BBC’s controversial documentary about crypto millionaire shows the dangers of mainstream media appeared first on CryptoSlate. Source cryptoslate.com…

Last year, 94 percent of financial advisors got inquiries concerning cryptocurrency.

94 of financial advisors received questions about crypto last year

Bitwise, a leading provider of crypto index funds, and ETF Trends, a noted source of news and analysis in the ETF space, recently released the findings of their fourth joint survey of financial advisor attitudes toward crypto. Financial advisors who manage roughly half of all wealth in the US, are becoming increasingly bullish on crypto. … Read moreLast year, 94 percent of financial advisors got inquiries concerning cryptocurrency.

The mayor of New York City keeps his pledge to get paid in Bitcoin.

New York City’s new mayor, Eric Adams, has taken a bold step to fulfill one of his promises as he is set to take his first paycheck in Bitcoin, according to available information. The Mayor, in November last year, had promised to take his first three paychecks in office as a Mayor in crypto.  Mayor … Read moreThe mayor of New York City keeps his pledge to get paid in Bitcoin.

The World’s First DeFi ETF Will Be Listed On The Brazilian Stock Exchange.

worlds first defi etf to be listed on the brazilian stock exchange in february

Hashdex, a global crypto-focused asset manager recently announced the approval of the world’s first DeFi exchange traded fund (ETF).  The ETF will be listed on the Brazilian stock exchange, B3, under the ticker symbol DEFI11 on February 17th. 12 assets in three sub-portfolios  crypto ETFs typically track the price of one or more cryptocurrencies, and … Read moreThe World’s First DeFi ETF Will Be Listed On The Brazilian Stock Exchange.

Fidelity expects more sovereign nations to acquire Bitcoin in 2022

In a recent report, Fidelity said that there was a high chance for more sovereign nation-states to acquire Bitcoin this year. According to the asset manager’s 2021 roundup, last year was marked with opposed developments when it comes to cryptocurrency adoption. And while it’s still too early to tell which path was more successful, the company … Read moreFidelity expects more sovereign nations to acquire Bitcoin in 2022

IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach 

The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. In its recent report, the international body estimated the potential for spillovers between crypto and equity markets in the US and in emerging markets–analyzing daily data on price volatility and returns. “Cryptic” connections  … Read moreIMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach 

German online bank N26 rushes to launch crypto trading in 2022

German online bank N26, revealed its plans to launch crypto trading service this year and add equities brokerage after that, reported Financial Times. The bank, which counts as one of the biggest European fintechs, with over $7.8 billion in valuation, made a shortsighted decision to focus on global expansion, at the cost of prioritizing new … Read moreGerman online bank N26 rushes to launch crypto trading in 2022

How big is crypto? Comparing the market to traditional asset classes

how big is crypto comparing the market to traditional asset classes

2021 was a record-breaking year for crypto, with the global market cap surpassing $2 trillion for the first time. NGRAVE put this milestone in a wider context and explored how big the crypto market is relative to other more traditional asset classes. To assess the significance of the industry’s total market cap, the crypto security … Read moreHow big is crypto? Comparing the market to traditional asset classes

Key drivers behind Chainlink’s exponential growth

key drivers behind chainlinks exponential growth

During the past year, the increasing adoption of Chainlink Data Feeds was accompanied by the network’s release of new computation-based services–leading to a surge in the total number of integrations. Powering hybrid smart contracts, the blockchain-agnostic protocol leverages the largest collection of decentralized services–supporting over 700 oracle networks. Integrations across Layer 1s and Layer 2s … Read moreKey drivers behind Chainlink’s exponential growth

What’s behind the rise in employers offering crypto salaries?

whats behind the rise in employers offering crypto salaries

As reported by NBC New York, more and more young professionals want to get paid in crypto. And, in a bid to lure and retain talent, forward-thinking employers are meeting this demand. Even price volatility isn’t dampening the enthusiasm to get paid in crypto, leading many to wonder what’s driving this trend. Employers responding to … Read moreWhat’s behind the rise in employers offering crypto salaries?

Turkey’s rising inflation pushes citizens to crypto

In recent times, one of the major economic crises countries around the world have been facing is inflation; especially as a number of them are having to battle with the dwindling purchasing power of their national fiat currency due to the effect of the coronavirus pandemic. Turkey is battling an economic crises One country fighting … Read moreTurkey’s rising inflation pushes citizens to crypto

This is how the central bank can bar Russians from buying Bitcoin

Last week, sources in the financial markets industry revealed that Russia’s central bank (Centrobank) wants to bar the country’s residents from buying Bitcoin and other cryptocurrencies.  Consequently, one of the currently considered ways of doing so is to block certain merchant category codes (MCCs), a knowledgeable source revealed to Forbes today. An MMC is a four-digit … Read moreThis is how the central bank can bar Russians from buying Bitcoin

Polkadot developer Parity and Energy Web partner to bring blockchains to fuel energy sector

Parity Technologies and Energy Web, a non-profit building operating systems for decarbonized energy grids, announced their joint plans to ”enable energy sector enterprises to run sovereign, customizable blockchains of their own or in partnership with other energy market participants”. According to the announcement, blockchains under the new Consortia Relay Chain will ”allow Energy Web market … Read morePolkadot developer Parity and Energy Web partner to bring blockchains to fuel energy sector

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