Over 600 banks are now supporting Bitcoin
- Monetary inflation of USA is at all-time high
- Black: M2 monetary inflation
- Red: CPI inflation
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2. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin
The investment fund of billionaire George Soros, otherwise known as the man who “broke the Bank of England”, has reportedly started trading bitcoin.
3. Millions of people in the United States will soon be able to buy Bitcoin from over 600 banks around the country
Approximately 650 banks in the United States are now providing Bitcoin purchases to their roughly 24 million clients thanks to a collaboration between payments provider NCR and NYDIG.
4. Katy Perry Announces Exclusive Global NFT Collaboration And Investment In Theta Network
The collaboration’s first digital collectable will showcase content from Katy’s impending “Play” residency at the brand new Resorts World Las Vegas hotel, which will kick off in December 2021.
5. Twitter Drops Collection of 140 ETHEREUM NFTs on Rarible
- Twitter released 140 NFTs.
- The company says the NFTs are not for sale.
- People can get their hands on the NFTs for free via the company’s tweets, said Twitter.
6. Data Shows Ethereum Outperformed BTC in Q1 and Q2; ETH 2.0 Contract Exceeds 6 Million Ether
The Ethereum 2.0 deposit contract has exceeded 6 million ether this week, according to statistics, with more than $12.4 billion worth of ethereum held in the contract.
7. Uniswap’s Major Integration Announcement with CoinMarketCap
8. Kraken Slashes Deposit Fees Across All Digital Assets to Zero
Starting Monday, Kraken, a cryptocurrency exchange, has slashed deposit fees to zero across all of its more than 70 digital assets. According to Kraken, the lowering is expected to improve pricing stability between Kraken and Decentralized Finance (DeFi) protocols and applications.
9. Millionaires buying Virtual Land
An estate in virtual world Decentraland just sold for $913,808 worth of MANA
10. Graph Protocol Support Optimistic Ethereum at Mainnet Launch To Help Scale Ethereum
Optimistic Ethereum is an Ethereum L2 scaling solution that employs optimistic rollups to reduce fees, latency, and throughput while offering a world-class developer and user experience.
12. ”ARK 21Shares Bitcoin ETF ” hopes to be the first to win approval from U.S. regulators
The “ARK 21Shares Bitcoin ETF” would take advantage of 21Shares’ experience in developing cryptocurrency exchange-traded products (ETPs), primarily in Europe. According to SEC filings, the well-known tech investor is teaming up with investment product firm 21Shares to submit an application for a bitcoin ETF.
13. Compound Labs Launches ‘Treasury’ to Get Big Firms Reaping DeFi Yields
Compound Labs, the creator of the Compound money market on Ethereum, has launched a new venture called Compound Treasury.
14. Polygon (MATIC)Launches New General-Purpose Blockchain Called Avail
The project is described as a “general-purpose, scalable data availability-focused blockchain targeted for standalone chains, sidechains, and off-chain scaling solutions,” according to its website.
15. According to the most recent SEC filings, Morgan Stanley holds 28.2K shares of Grayscale Bitcoin Trust
The bank has a history of flip-flopping on cryptocurrencies, staying away from the sector at times while recently venturing out to provide crypto services to clients.. holds 28,289 of GBTC
As per the filing, Morgan Stanley Europe Opportunity Fund, Inc has picked up over 28,289 shares of GBTC earlier this year, gaining direct exposure to 26.5 Bitcoins.
15. Coinbase secures first crypto licence in Germany
Germany, the world’s fourth largest economy by GDP, is the only EU country to have established a comprehensive regulatory framework for cryptocurrency exchanges. There is already a vibrant blockchain sector in Germany, which is only second to the United States in terms of the number of Bitcoin nodes running.
16. As the market cools, Ethereum gas fees are at a six-month low, and Layer- 2 solutions are easing congestion
According to blockchain statistics and analysts, Ethereum transaction costs have decreased to their lowest level since December as blockchain activity has slowed while adoption of Ethereum layer 2 solution protocols such as Matic has increased.
17. Sotheby’s to Accept Crypto for Rare 100-Carat Diamond in Upcoming Auction
Patti Wong, chairman of Sotheby’s Asia, said in a statement:
“The most ancient and emblematic denominator of value can now, for the first time, be purchased using humanity’s newest universal currency.”
Sotheby’s called out Bitcoin / Crypto to be an Humanity’s Newest Universal Currency
18. Mexican billionaire believes all fiat currencies are Fraud and believes in Bitcoin
Ricardo Salinas Pliego, a Mexican billionaire, announced on Sunday that his banking firm may start accepting bitcoin, making it the country’s first bank to do so.
“Sure, I recommend the use of #Bitcoin, and me and my bank are working to be the first bank in Mexico to accept #Bitcoin,” Salinas said in a tweet.
19. Mexico Bank to Custody Bitcoin in 2021?
As one of the probable potential plans is to provide Bitcoin Custody in line with Ricardo Salinas Pliego’s comments , there should be solid road map carved out to make this materialize in the country and does require Mexico Central Bank’s yes Nod too.
20. After bitcoin acceptance plan by billionaire Ricardo Salinas Pliego was revealed, Mexico swiftly sent out a warning against a crypto ban for banks.
- Authorities in Mexico issued a warning on Monday prohibiting financial institutions from conducting business with crypto assets.
- After billionaire Ricardo Salinas Pliego indicated his bank intended to do business in bitcoin, the reminder was sent.
- According to Mexico’s central bank and others, cryptocurrencies are not regarded legal money.
21. The ‘Exponential Growth’ of Stable coins, according to Boston Fed President William Dudley, might ‘Disrupt’ Money Markets
With Yahoo Finance writer Brian Cheung, Rosengren discussed stablecoins and highlighted tether (USDT). “Isn’t the financial stability risk of those stablecoins like tether just as big as the Fed will allow given its historical position as a backstopper?” Cheung asked the Boston Fed president after the presentation.
“The reason I talked about tether and (stable coins) is if you look at their portfolio, it basically looks like a portfolio of a prime money market fund but maybe riskier,” Rosengren responded.
Opinions of Prominent People in Crypto Space
Willy Woo Says , (mentioned it on Podcast clips)
‘ May be we should call this as Last cycle , not Super cycle but Last cycle’
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