THE EQONEX CRYPTO GUIDE AND LEARN HUB
Crypto News

THIS WEEK IN CRYPTO...

October 1, 2021

Another tumultuous week in the cryptoverse as global sentiment grows bullish amidst on-going crackdown by China on cryptocurrencies.

On Monday...

The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape with China having a dwindling influence over the crypto market.

The Spanish amusement and leisure park – PortAventura World – will be the first in its field to add bitcoin payments as an option for its clients.

Nayib Bukele, El Salvador’s President, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet, implying high levels of adoption of Bitcoin in the country.

On Tuesday…

As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to make their first investments in cryptocurrencies within the next year, according to a new survey by European investment manager Nickel Digital Asset Management.

According to Miami Mayor, Francis Suarez, Miami residents will soon be able to pay their taxes with Bitcoin.

According to new research from Chainalysis, Europe has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year.

On Wednesday…

El Salvador’s President, Nayib Bukele announced on Twitter that the country has begun the building of its formerly promised, volcanic geothermal Bitcoin mining facility.

The China-based e-commerce company Alibaba has banned sales of cryptocurrency miners on its website in an effort to ban most cryptocurrency transactions and access to crypto market sites.

Tesla CEO Elon Musk called Crypto undestroyable at the Code Conference in California stating: “It is not possible to destroy crypto, but it is possible for governments to slow down its advancement.”

On Thursday…

Financial services behemoth Visa announced its plans to build an interoperability hub for cross-chain crypto payments. The Universal Payment Channels (UPC) protocol will connect various blockchains and digital currency platforms, allowing users to exchange funds between them.

On Friday…

Prominent macro investor and asset allocator Dan Tapiero claimed $7,000,000,000,000 of Capital Is Coming to Bitcoin and Crypto.

Billionaire Orlando Bravo revealed he owns Bitcoin and claimed Bitcoin is here to stay.


For more information on these stories, visit:

https://news.bitcoin.com/billionaire-mike-novogratz-bitcoin-market-in-good-shape-china-less-influence-over-crypto

https://cryptopotato.com/adoption-spanish-portaventura-to-become-the-first-amusement-park-enabling-bitcoin-payments

https://www.newsbtc.com/news/bitcoin/2-1-million-salvadorans-actively-using-chivo-wallet-el-salvadors-president-claims/ 

https://cointelegraph.com/news/62-of-institutions-to-start-investing-in-crypto-within-a-year-survey

https://cryptopotato.com/miami-working-on-allowing-tax-payments-in-bitcoin-promised-mayor-suarez/

https://cointelegraph.com/news/europe-becomes-largest-crypto-economy-with-over-1t-in-transactions-chainalysis

https://coingape.com/el-salvador-building-of-the-most-awaited-volcanic-geothermal-bitcoin-mining-facility-begins

https://cryptobriefing.com/alibaba-has-banned-the-sale-of-crypto-miners/

https://coinnounce.com/tesla-ceo-elon-musk-says-crypto-is-impossible-to-destroy/

https://cryptobriefing.com/visa-is-building-a-hub-for-cross-chain-crypto-payments

https://dailyhodl.com/2021/09/30/7000000000000-of-capital-is-coming-to-bitcoin-and-crypto-says-macro-investor-dan-tapiero/

https://www.newsbtc.com/news/bitcoin/orlando-bravo-reveals-he-owns-bitcoin/ 

Related Articles

Will the Ethereum Merge Cause a Price Hike?

Will the Ethereum Merge Cause a Price Hike?

June 17, 2022

Christina

Could ETH hit $10,000 by the end of 2022? Some experts are saying that ETH, or the Merge, will cause a massive increase in value.

Keep up with crypto through EQONEX!


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Top 5 Latest Developments in NFTs for 2022

Top 5 Latest Developments in NFTs for 2022

June 9, 2022

Christina

It feels like only yesterday that celebrities from Stephen Curry to Jimmy Fallon were clamoring to purchase Bored Apes. The average sale price for BAYC NFTs reached an eyewatering $200,000, with some individual pieces commanding over $1,000,000. But that was so 2021.

How TerraUSD Wiped $40Bn Off the Crypto Market Cap

How TerraUSD Wiped $40Bn Off the Crypto Market Cap

June 3, 2022

Christina

Just as many investors were getting comfortable with the concept of stablecoins and their place in the crypto market, the TerraUSD (UST) scandal caused them to stop in their tracks.

This Week in Crypto (Week 49)

This Week in Crypto (Week 49)

December 19, 2021

Tammy Ha

Many governments are discussing the regulation of digital assets and are considering creating their own central bank digital currencies (CBDC).

THE EQONEX CRYPTO GUIDE AND LEARN HUB

Bringing digital assets to the world.

EQONEX is a digital assets financial services company focused on delivering a full, digital asset ecosystem that offers innovative, trusted, and transparent products and services.

Keep up with crypto through EQONEX!


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

© 2022 EQONEX Capital Pte Ltd
All rights reserved.

IS 749075