Eric Adams – the mayor-elect of New York City – wants cryptocurrency to be taught in schools. He says that digital currencies are the financial tools of the future, and he wants children and younger generations to be financially prepared for what’s likely to come their way. Eric Adams: Crypto Should Be Taught in Schools At this stage, anyone who doubted cryptocurrency is likely kicking themselves in the rear. Bitcoin, for example, is the world’s largest digital currency...
Read More »Bitcoin Price Analysis: BTC Could Correct Lower Towards $64K
Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...
Read More »Mayors Eric Adams and Francis Suarez Are Eager for BTC-Based Salaries
Several mayors are warming up to bitcoin, showing not only that bitcoin is becoming more mainstream and legitimate, but also that the currency is a staple product of political campaigns. Miami mayor Francis Suarez and mayor-elect Eric Adams of New York City say that they are looking to accept their next few paychecks in bitcoin as a means of pushing the crypto agenda further. Adams and Suarez Are at the Center of a BTC Battle Eric Adams was elected mayor of the Big Apple...
Read More »Tech Entrepreneur Zaryn Dentzel Loses Millions in Crypto Following Home Invasion
Police in Spain are investigating the robbery and assault of a bitcoin millionaire who allegedly had his home invaded and a digital fortune stolen. Zaryn Dentzel – the co-founder of Tuenti, a social media network based in Spain – witnessed more than one million euros worth of BTC disappear in an instant. Zaryn Dentzel Is Being Looked at By Medical Staff Dentzel detailed the experience to media outlets in Madrid, where he lives. The 38-year-old tech entrepreneur was...
Read More »El Salvador Is Building More Schools With Bitcoin’s Help
El Salvador says it is looking to utilize some of the profits it’s made from holding and trading bitcoin to build roughly 20 schools throughout the country. El Salvador Will Rebuild Its Education System The announcement came by way of Nayib Bukele, the nation’s president. Not long ago, the nation of El Salvador took advantage of a bitcoin dip that saw the world’s number one digital currency by market cap fall to roughly $59,000 per unit. From there, the currency rose...
Read More »JPMorgan Is Confident Bitcoin Will Reach a Price of $146K
In a new report, analysts at JPMorgan state that bitcoin has the potential to reach a whopping $146,000 per unit rather soon. JPMorgan Thinks BTC Is Heading to the Moon There have been several predictions as of late that bitcoin will potentially reach six figures in the coming months, but JPMorgan – which at times, has been rather bearish when it comes to bitcoin – is releasing one of the biggest predictions, though there are a couple of things that need to be taken note...
Read More »Valkyrie Bitcoin ETF Decision Delayed Until January
The Securities and Exchange Commission (SEC) may appear all lovey-dovey with the idea of a bitcoin-based exchange-traded fund (ETF) as of late given its approval of the recent Pro Shares product. Sadly, this would not necessarily be true, as the firm has recently announced it will be pushing another ETF decision into 2022. The SEC Has Delayed Another Decision Regarding a BTC ETF The new ETF comes by way of a company known as Valkyrie. The firm had placed its ETF...
Read More »Commonwealth Bank in Australia Will Give Customers Access to Crypto
A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...
Read More »New Crypto Scam Makes Its Way to Florida
A new cryptocurrency scam is making its way through the digital space, and it’s got the attention of officials in the state of Florida. Regulators are now warning all crypto investors to watch out. How One Scam Is Getting So Much Attention State Attorney General Ashley Moody is referring to the scam as a “bait-and-switch” scheme. The operation works by assisting crypto investors with legitimate trades. Thus, things appear correct, and traders feel like they don’t need to...
Read More »Aaron Rodgers Will Get Part of His Pay in BTC; Announces New Crypto Contest
Football player Aaron Rodgers is taking part in a new cryptocurrency contest that will see roughly $1 million worth of BTC go to his Twitter followers. Aaron Rodgers Is Pushing BTC Ahead Last Halloween, Rodgers – who plays as a quarterback for the Green Bay Packers in Wisconsin – released the following message on social media: I believe in bitcoin, and the future is bright. That’s why I’m teaming up with Cash App to take a portion of my salary in bitcoin today. To make...
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