🧠 Edain Official Launch announced -Join their Online LIVE Event
The official launch of Edain tradable license key will be online on Sep. 29th, 17:00 UTC. The event will mark the start of the Edain (EAI) pre-sale period. Edain is set to be the world’s most complete knowledge repository. Their AI-based knowledge ecosystem will provide access to an entire suite of apps developed for decision-makers. The event will be streamed live on the Edain website, and will raise awareness around the product’s capacity to transform unparsed data into actionable information for decision-makers. Edain is a tradable license key produced by CryptoDATA Tech in collaboration with Prisma, and the key will allow a tradable token to grant holders access to knowledge generated by Prisma’s groundbreaking C+8 engine.
Join them and be part of the Knowledge Revolution: https://edain.ai/event
The official launch of Edain tradable license key will be online on Sep. 29th, 17:00 UTC. The event will mark the start of the Edain (EAI) pre-sale period. Edain is set to be the world’s most complete knowledge repository. Their AI-based knowledge ecosystem will provide access to an entire suite of apps developed for decision-makers. The event will be streamed live on the Edain website, and will raise awareness around the product’s capacity to transform unparsed data into actionable information for decision-makers. Edain is a tradable license key produced by CryptoDATA Tech in collaboration with Prisma, and the key will allow a tradable token to grant holders access to knowledge generated by Prisma’s groundbreaking C+8 engine.
Join them and be part of the Knowledge Revolution: https://edain.ai/event
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📰 This Week In Crypto (39)
1. Fed won't ban Bitcoin like China
2. ‘Uptober’ pulls $200B into Crypto
3. BTC surged +14% since last Week
4. Approval of first Swiss Crypto Fund
5. El Salvador mined Bitcoin using a Volcano
CW38 (last week)
1. Fed won't ban Bitcoin like China
2. ‘Uptober’ pulls $200B into Crypto
3. BTC surged +14% since last Week
4. Approval of first Swiss Crypto Fund
5. El Salvador mined Bitcoin using a Volcano
CW38 (last week)
🚀 Bitcoin Recaptures $55,000 For First Time Since May
Bitcoin has hit $55,000 for the first time since mid-May, as the 'Uptober' price boom continues. The cryptocurrency peaked at $55,530 on price tracking site CoinGecko, before falling back to its current price of just above $54,000. It continues a run of upward momentum that saw Bitcoin's price cross $50,000 just yesterday. The cryptocurrency last saw levels of $55,000 on May 12. 🔗 Read more
Bitcoin has hit $55,000 for the first time since mid-May, as the 'Uptober' price boom continues. The cryptocurrency peaked at $55,530 on price tracking site CoinGecko, before falling back to its current price of just above $54,000. It continues a run of upward momentum that saw Bitcoin's price cross $50,000 just yesterday. The cryptocurrency last saw levels of $55,000 on May 12. 🔗 Read more
🏦 Bank Of America Gives Its Altcoin Picks
Bank of America launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy.
Report Finds Digital Assets are Too Large to Ignore
“Bitcoin is important,” said Shah, “but the digital asset ecosystem is so much more. Our research aims to explore the implications across industries including finance, technology, supply chains, social media and gaming.”
🔗 Read More
Bank of America launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy.
Report Finds Digital Assets are Too Large to Ignore
“Bitcoin is important,” said Shah, “but the digital asset ecosystem is so much more. Our research aims to explore the implications across industries including finance, technology, supply chains, social media and gaming.”
🔗 Read More
What is the best time of the day that you like to read Crypto News?
Anonymous Poll
35%
Morning
9%
Afternoon
19%
Night
37%
Multiple times a day
🌟 Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
Bitcoin (BTC) has led a 35% rally this week by soaring far above the $50,000 resistance level and restoring a $1 trillion market capitalization to the asset.
According to a note shared by JPMorgan with clients on Thursday, the recent increase in price for BTC was predominantly attributed to institutional investors looking for a hedge to inflation.
Despite some divisions of JPMorgan expressing a growing interest in crypto assets and blockchain initiatives, CEO Jamie Dimon stated in an interview on Oct. 22 that he remains a skeptic of BTC and even compared it to “a little bit of fool’s gold”.
🔗 Read More
Bitcoin (BTC) has led a 35% rally this week by soaring far above the $50,000 resistance level and restoring a $1 trillion market capitalization to the asset.
According to a note shared by JPMorgan with clients on Thursday, the recent increase in price for BTC was predominantly attributed to institutional investors looking for a hedge to inflation.
Despite some divisions of JPMorgan expressing a growing interest in crypto assets and blockchain initiatives, CEO Jamie Dimon stated in an interview on Oct. 22 that he remains a skeptic of BTC and even compared it to “a little bit of fool’s gold”.
🔗 Read More
🥊 Tether fires back against report it is using reserves for investments and making crypto-backed loans
In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief financial officer Giancarlo Devasini has used the company’s reserves to make investments, that seem to contradict Tether’s public position that the holdings were fully backed at all times.
Tether called the report a “tired attempt” to undermine the company based on “innuendo and misinformation.”
🔗 Read More
In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief financial officer Giancarlo Devasini has used the company’s reserves to make investments, that seem to contradict Tether’s public position that the holdings were fully backed at all times.
Tether called the report a “tired attempt” to undermine the company based on “innuendo and misinformation.”
🔗 Read More
🦘 Why Australia Has Issued A Warning On Crypto Profits To Investors
Despite the country’s strict rules on cryptocurrencies, the government estimates that around 1 million Australians have invested in these new asset classes. In the next year, this metric could continue to climb.
Data from a survey commissioned by crypto exchange Kraken estimates that 4 million Australians are likely to buy Bitcoin, Ethereum, or another form of cryptocurrency. The younger Australian generations are seemed to be drawn into crypto to grow their wealth.
🔗 Read More
Despite the country’s strict rules on cryptocurrencies, the government estimates that around 1 million Australians have invested in these new asset classes. In the next year, this metric could continue to climb.
Data from a survey commissioned by crypto exchange Kraken estimates that 4 million Australians are likely to buy Bitcoin, Ethereum, or another form of cryptocurrency. The younger Australian generations are seemed to be drawn into crypto to grow their wealth.
🔗 Read More
🇨🇳 🍔 McDonald’s China Releases Its First-Ever ‘Big Mac’ NFT
McDonald’s China, the Chinese branch of the American multinational fast food company founded in 1940, has announced that it is releasing its first-ever NFT, the “Big Mac Cube” which is patterned after the fast food chain’s popular sandwich.
The Big Mac Cube NFT is the first drop among a series of 188 non-fungible token collectible artworks that will be released for its employees and franchise customers as limited-edition gifts.
🔗 Read More
McDonald’s China, the Chinese branch of the American multinational fast food company founded in 1940, has announced that it is releasing its first-ever NFT, the “Big Mac Cube” which is patterned after the fast food chain’s popular sandwich.
The Big Mac Cube NFT is the first drop among a series of 188 non-fungible token collectible artworks that will be released for its employees and franchise customers as limited-edition gifts.
🔗 Read More
🔎 Google Partners With Digital Asset Company Bakkt To Make Crypto Payments More Accessible
This partnership will enable Bakkt users to add their virtual Bakkt Visa Debit Card (“Bakkt Card”) into Google Pay. Subsequently, the users will be able to purchase goods and services anywhere that accepts Google Pay. Digital assets, like Bitcoin, in the users’ wallets, will be converted to fiat currency for these payments to occur.
🔗 Read More
This partnership will enable Bakkt users to add their virtual Bakkt Visa Debit Card (“Bakkt Card”) into Google Pay. Subsequently, the users will be able to purchase goods and services anywhere that accepts Google Pay. Digital assets, like Bitcoin, in the users’ wallets, will be converted to fiat currency for these payments to occur.
🔗 Read More
📰 This Week In Crypto (40)
1. Bitcoin Recaptures $55,000 for First Time since May
2. Bank of America Launches Crypto Research
3. Fed Chairman Clarified he has “No Intention To Ban” Crypto
4. Shiba Inu Coin Price Skyrockets and became The 12th Largest Digital Asset by Market Capitalization
5. Brazil is Preparing to Vote on Legalizing Bitcoin as Official Tender.
6. McDonald’s China Releases Its First-Ever ‘Big Mac’ NFT
CW39 (last week)
1. Bitcoin Recaptures $55,000 for First Time since May
2. Bank of America Launches Crypto Research
3. Fed Chairman Clarified he has “No Intention To Ban” Crypto
4. Shiba Inu Coin Price Skyrockets and became The 12th Largest Digital Asset by Market Capitalization
5. Brazil is Preparing to Vote on Legalizing Bitcoin as Official Tender.
6. McDonald’s China Releases Its First-Ever ‘Big Mac’ NFT
CW39 (last week)
🖼 In case you missed- Twitter and TikTok embrace NFTs: mainstream adoption incoming?
Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures.
Monetizing intellectual property has been a hot topic for years and NFTs “exemplify verified scarcity,” a mix that could usher in “the next wave of crypto’s consumer adoption.”
🔗 Read More
Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures.
Monetizing intellectual property has been a hot topic for years and NFTs “exemplify verified scarcity,” a mix that could usher in “the next wave of crypto’s consumer adoption.”
🔗 Read More
🐈 🏥 El Salvador Will Use Its Bitcoin Profits to Build a Massive Pet Hospital
The president of El Salvador shared a video of what the hospital would look like, clarifying that he was not selling any of the 700 BTC acquired for a national trust created to facilitate the immediate conversion between BTC and USD for Chivo Wallet users.
All this is possible because the rise of Bitcoin left the country with a $4 million surplus in the Bitcoin Fund —without affecting the amount of BTC available.
🔗 Read More
The president of El Salvador shared a video of what the hospital would look like, clarifying that he was not selling any of the 700 BTC acquired for a national trust created to facilitate the immediate conversion between BTC and USD for Chivo Wallet users.
All this is possible because the rise of Bitcoin left the country with a $4 million surplus in the Bitcoin Fund —without affecting the amount of BTC available.
🔗 Read More
What is the BEST reason for owning crypto?
Anonymous Poll
11%
Short-Mid Term Investment
59%
Long-Term Investment (HODL!)
12%
A Store of Value
4%
Portifolio Diversification
5%
To Support Blockchain Technology Development
8%
Decentralisation
1%
Other (Please describe in comments section) :)
📃 A look at how global stablecoin regulations are evolving
As international regulators seek to implement oversight, crypto industry players say it is a positive sign that regulators are now considering including stablecoins in banking regulations.
The total market value of stablecoins currently stands at over US$130 billion, with Tether (USDT) taking the lead at US$69 billion, followed by USD Coin (USDC) at US$32 billion, according to CoinGecko data.
🔗 Read More
As international regulators seek to implement oversight, crypto industry players say it is a positive sign that regulators are now considering including stablecoins in banking regulations.
The total market value of stablecoins currently stands at over US$130 billion, with Tether (USDT) taking the lead at US$69 billion, followed by USD Coin (USDC) at US$32 billion, according to CoinGecko data.
🔗 Read More
🪙 One currency to rule them all: Facebook’s Diem has global ambitions
Facebook Diem is a soon-to-be-launched permissionless payment system based on blockchain technology. The system will have a stablecoin called Diem and run on its blockchain network.
While the goal is to be permissionless, the current plan is for Diem to run on a permissioned blockchain. Consequently, only members of the Diem Association can run transactions on it.
🔗 Read More
Facebook Diem is a soon-to-be-launched permissionless payment system based on blockchain technology. The system will have a stablecoin called Diem and run on its blockchain network.
While the goal is to be permissionless, the current plan is for Diem to run on a permissioned blockchain. Consequently, only members of the Diem Association can run transactions on it.
🔗 Read More
☀️ What is Solana? Guide for Beginners
Solana became one of the hottest projects in 2021 following explosive growth and NFT hype. Do you want to know more about it?
(Picture: An NFT of an ape Sold for 5980 SOL or over $1 million)
🔗 Read More
Solana became one of the hottest projects in 2021 following explosive growth and NFT hype. Do you want to know more about it?
(Picture: An NFT of an ape Sold for 5980 SOL or over $1 million)
🔗 Read More
What do you find the most difficult to understand/use?
Anonymous Poll
12%
Wallet Setup and Use
17%
Blockchain Explorers
19%
Crypto Market Charts
6%
How Crypto Differs from Fiat
42%
Choosing which Coin to Buy
37%
NFTs
15%
The Use of Crypto In Daily Life
3%
Other (Please describe in comments)
🛫 Venezuelan international airport planning to accept Bitcoin payments
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
The introduction of crypto payments at the Maiquetia airport would mark the company’s commitment to advance toward international standards and drive digital currency adoption, Freddy Borges, airport director, noted.
🔗 Read More
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
The introduction of crypto payments at the Maiquetia airport would mark the company’s commitment to advance toward international standards and drive digital currency adoption, Freddy Borges, airport director, noted.
🔗 Read More
🇨🇳 China’s Crypto Ban - An Extension Of The Tech Crackdown
Ever since the advent of cryptocurrencies, China has been one of the regions where mining activity is highly concentrated. As an aftermath of the ban on crypto mining, a large portion of crypto mining already had to migrate out of China a few months ago. This fact is evident once the mining data is closely analyzed.
🔗 Read More
Ever since the advent of cryptocurrencies, China has been one of the regions where mining activity is highly concentrated. As an aftermath of the ban on crypto mining, a large portion of crypto mining already had to migrate out of China a few months ago. This fact is evident once the mining data is closely analyzed.
🔗 Read More
