New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said. Eric Adams’ Bitcoin and Crypto Promises New York City Mayor-elect Eric Adams said he…
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the bull cycle carries on, everyone wants price predictions and a better understanding of when the price may top out and reverse…
The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell and store SHIB on Coinbase. This announcement follows the exchange adding SHIB trading pairs. Coinbase Grows Its Shiba Inu Crypto Offerings Cryptocurrency exchange Coinbase announced Friday that the shiba inu (SHIB) cryptocurrency is now available to residents of the…
Consequences of monetary policy will go beyond the stock market or the economy. It will shape everyone’s life throughout the 21st century, up to the very meaning of freedom and democracy. Central bank policy is a fascinating subject and probably one of the most controversial discussions you can have on a trading floor. If you are a newcomer to this…
Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease the process of transacting without needing to use a centralized exchange. One project that has seen a significant amount of adoption…
The Week Of Political Advocates This week turned out to be rather interesting as politicians across the world sent out pro-bitcoin sentiments with the biggest step being mayors across the U.S. planning on receiving their salaries in bitcoin. Despite all that, bitcoin has remained relatively steady and appears prime to start the next leg of its bull run. Here’s what…
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well. Sandbox,…
The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art. One sector of the market that has been gaining traction as of late while…
In brief Video game publisher Square Enix plans to release more NFT-driven projects, including crypto video games. It recently released a series of Ethereum-based NFT trading cards in Japan, which sold out. Traditional video game publishers are starting to embrace NFTs and crypto gaming, with third-party giants like Electronic Arts and Ubisoft expressing interest or declaring their intentions in recent…
Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migratedits equity-tied EGX security tokens from to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting, and governance rights. Both the initial tokenization and token migration were facilitated…
