🥇 The Future of Cryptocurrency 🥇

2021-11-05 17:23:06 8-word crypto amendment in Infrastructure Bill an ‘affront to the rule of law’

Legal experts have warned that a section of the Infrastructure Bill, which is due for a vote on Friday, amends a part of the tax code and makes a failure by businesses and individuals to report digital asset transactions a criminal offense.

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2021-11-05 17:21:30 Australian Crypto-Focused ETF Hits Record, Spot-Based BTC, ETH ETFs Expected

The first crypto industry-focused exchange traded fund (ETF) in Australia was launched on Thursday this week, and within 15 minutes of trading a new record in trading volumes on the Australian stock market was smashed. Meanwhile, new regulations have opened the door for spot-based bitcoin (BTC) and ethereum (ETH) ETFs to launch.

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2021-11-05 16:43:09 New study reveals which US cities lead crypto hires in 2021

Metropolises have led the crypto-related hires in the United States in 2021, but jobs in the space are well-dispersed around the country, LinkedIn data revealed.
A new study conducted by LinkedIn for Bloomberg shows that there is not a single hub for crypto or blockchain specialists in the United States.

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2021-11-05 16:41:31 According to This Glassnode Indicator, Bitcoin Is Undervalued

Bitcoin is considered historically undervalued according to the Glassnode Network Value to Transactions Signal indicator, which is now significantly lower than in January this year. The most recent spike in value settlement took place back in May.

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2021-11-05 16:40:03 EU central banks working on DLT-based asset settlement

European central banks have been ramping up their efforts to utilize distributed ledger technology (DLT), the foundation of blockchain, in central bank money settlements.
Banca d’Italia and Deutsche Bundesbank, the central banks of Italy and Germany, respectively, joined forces to work on settlements in central bank money of DLT-based asset exchanges.

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2021-11-05 16:34:53 Solana Now Ranks The World’s Fourth-Largest Cryptocurrency, Overtaking Cardano

Solana has surpassed both Cardano and Tether as interest in the SOL token continues growing among investors as It hit a new high of $249.64 Wednesday while other assets also jumped. So, The high-speed blockchain is now the fourth-largest cryptocurrency by market capitalization after both Cardano and Tether in the past week, also this recent move is linked to be part of a wider trend boosting Layer 1 assets.

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2021-11-05 16:32:55 Canada's Answer to Robinhood Lists Shiba Inu

Toronto-based online brokerage service Wealthsimple has added support for the Shiba Inu cryptocurrency, the company announced Thursday.
Wealthsimple ventured into cryptocurrency trading in July 2020, launching a new subsidiary called Wealthsimple Digital Assets. Initially, its users were able to trade only Bitcoin and Ether, the two largest cryptocurrencies.

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2021-11-05 16:30:11 Should Zuck lead us to the metaverse? Crypto leaders weigh in

Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed, while Animoca’s Yat Siu said Zuckerberg is the only one who can drive the company forward.

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2021-11-05 16:28:03 US Crypto Industry as House Votes on Infra Bill

US Congress could finally approve or reject the much-maligned Infrastructure Bill today after the draft law was finally slated for a vote.

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2021-11-05 14:32:24 India’s Leading IT Firm Explores BTC Offering Once Crypto Is Legalized

The Top Leading digital payments provider Paytm considers offering Bitcoin once India’s government finalizes regulatory uncertainties around cryptocurrency use. According to Paytm’s Chief Financial Officer, Madhur Deora, Paytm, India’s second most valuable internet firm with an estimated market value of $16 billion is considering Bitcoin offerings as a payment option if it becomes “fully legal” in the country.

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