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Powell’s Reappointment, Central Bank Balance Sheets And Bitcoin

Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I got listeners up to speed on Jerome Powell’s reappointment as chairman of the Federal Reserve, the recent leaks as an attempt to sabotage that reappointment, and news on the current state of monetary policy at the European Central…

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ETFs listed — What’s next for Bitcoin?

After dipping below $30,000 in June, Bitcoin (BTC) went on a nearly four-month rally, appreciating by more than 100%. On Oct. 15, it was able to recapture the $60,000 level after closing the day with a 7.56% spike. The ensuing rally was attributed to the excitement around the SEC giving the green light on the ProShares Bitcoin Futures ETF. Bitcoin…

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Bitcoin Flippens Swiss Franc Becomes 13th Largest Currency

At the time of writing, Bitcoin has surpassed the Swiss Franc (CHF) in market capitalization as the world’s thirteenth largest currency, according to data from Fiatmarketcap.com. There are only 12 world currencies left for Bitcoin to overcome. Fiatmarketcap.com takes a Bitcoin standard approach to analyze currencies. It measures the world’s biggest currencies in terms of market capitalization as priced in…

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Chinese e-commerce giant JD.com drops NFT series on its own blockchain

Chinese online retail giant JD.com is diving into the nonfungible tokens, or NFTs, industry by introducing a special NFT series for its annual JD Discovery conference.Using its proprietary blockchain platform, JD.com will be distributing commemorative NFT certificates to attendees of the JDD 2021 event in Beijing, the Chinese new agency Sina Finance reported Oct. 20.JD.com will specifically issue one NFT…

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CELR Is Available on Changelly

Changelly announces the addition of yet another token to the platform — the CELR token. From now on, users can effortlessly exchange CELR tokens at floating rates. The Celer Network (CELR) is a smartly designed layer-2 scaling solution that provides off-chain transactions handling. The Celer platform offers fast, simple, and secure off-chain transactions for both payments and smart contracts. The…

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Why ARKs Cathie Wood Isnt Buying Into the Bitcoin Futures ETF

In brief The first U.S. Bitcoin futures ETF, from ProShares, launched on Tuesday. ARK Invest has made many crypto-related investments, but isnt ready to buy into the first futures ETF. ARK Invest CEO and Chief Investment Officer Cathie Wood is big on cryptocurrency, investing in Bitcoin as well as crypto-related stocks like Coinbase and the Grayscale Bitcoin Trust. But ARK…

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Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’ – Market Updates Bitcoin News

On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks almost too programmed” and this week, the analyst noted that we are “nowhere near a top.” Bullish Forecasters Rejoice Over…

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Australian Lawmakers Want Crypto Framework That Recognizes DAOs

The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre (ATFC) has today presented its final report outlining its recommendations for a clear regulatory framework for the digital assets sector in Australia. The report includes a total of 12 recommendations, including the establishment of legal structures to recognize decentralized autonomous organizations (DAOs). Based on advice from crypto…

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Grayscale parent company expands GBTC purchase allocation to $1 billion

According to an announcement issued on Wednesday, DCG is now authorized to buy up to $1 billion worth of Grayscale Bitcoin Trust (GBTC).This development extends DCG’s prior authorization by $250 million if they choose to do so. Indeed, DCG has so far purchased $338 million in GBTC, according to the company’s announcement on Wednesday.As previously reported by Cointelegraph, DCG had…

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Stronghold Goes Public At 19 Per Share IPO

Stronghold has upsized its IPO to $19 per share, with plans to raise $127 million. The company had previously announced an IPO price of between $16 and $18 per share, which would allow it to raise around $100 million. Stronghold’s common stock shares are expected to begin trading today under the ticker symbol $SDIG. Bitcoin miner Stronghold Digital has upsized…

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