“The pro-crypto Adams is seeking to one-up Miami Mayor Francis Suarez, who recently said he’ll be taking his next paycheck in the cryptocurrency.
NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!
The support is notable because New York City, despite being a major financial center, has some of the nation’s toughest cryptocurrency rules that require licenses for most types of crypto transactions.”
“Industry experts anticipate the SEC to approve an Ethereum futures ETF as soon as it gets through BTC applications. Ethereum has sufficient trading history and the SEC could approve a future-based product tracking it by the year-end.
In terms of the analytics and the research and all of the data that they require in order to approve an ETF, including the regulatory footprint and oversight, all of those boxes have been checked.
Ethereum rallied above $4,600 to hit a new all-time high yesterday. The rally is partly attributed to a number of factors: the successful launch of Ethereum’s Altair upgrade last week, raising expectations for an Ethereum futures ETF, and a bullish macro picture for the crypto market as a whole.
In mid-October, Bitcoin price hit a new high after the SEC approved a futures ETF tracking the flagship cryptocurrency. Now, traders are betting on a repeat scenario for ETH, anticipating an ETF to hit the market by the year-end or early 2022.”
“Votes on Snapshot can now be weighed against the contributor’s “reputation score,” which incorporates measures of a contributor’s previous work, how much that work was worth, and what peers thought of it. That means that a contributor’s reputation can influence the number of tokens they receive for their engagement over time.
As the DAO ecosystem grows, it seems likely that we’ll see a proliferation of new governance modalities like Colony’s Reputation system, which seek to address the social scalability limitations of token voting.”
“Speaking at an earnings call, Andrew Wilson, CEO of major video game company Electronic Arts (EA), said that NFTs and play-to-earn games are the gaming industry’s future. Wilson believes that collectible digital content will play a meaningful role in the company’s future.
Widely known as a business-oriented company that utilizes the pay-to-win model in several games, EA has not yet tried its hand at the play-to-earn games. However, EA hinted that it had set its sights on blockchain and NFTs, as a job posting from summer revealed.”
“The value of smart contracts dependent on data from Chainlink’s oracle networks has climbed to $75 billion. The total value secured (TVS) has soared from $7 billion at the end of last year.
Chainlink’s oracles feed data such as weather and sports results from external sources to blockchains such as Ethereum, Binance Smart Chain and Avalanche. The data allows decentralized finance (DeFi) applications to trigger their smart contracts when conditions are met.”
“Paytm, India’s leading digital payments company, said Thursday that it would consider Bitcoin services if the country’s regulatory framework for cryptocurrencies was more definite.
Bitcoin is still in a regulatory grey area if not a regulatory ban in India. If it was ever to become fully legal in the country then clearly there could be offerings we could launch.
The country’s finance minister, said that while the government is “not against cryptocurrencies,” it will look at how they might assist India’s financial technology sector.”
“Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products.
Through this long-term partnership with Google Cloud, CME Group will transform derivatives markets through technology, expanding access and creating efficiencies for all market participants. This partnership will enable CME Group to bring new products and services to market faster.”