Short cryptonews for this week 41/52 (2023)

Short cryptonews for this week 41/52 (2023)

By Pasucaru | Crypto on fire | 14 Oct 2023


- Bitcoin price is trading below $27,000. Usage of Bitcoin's Lightning Network is up 1212% in 2 years.

- Asset manager Fidelity claims that Bitcoin is the safest, most decentralized and strongest digital currency compared to any other digital asset. (As a reminder, Fidelity is worth nearly $4.5 trillion).

- The Bank for International Settlements (BIS) has developed a prototype monitoring system on the Bitcoin blockchain.

- Paul Tudor Jones, founder of one of the world's largest hedge funds, says geopolitical risks and rising U.S. government debt make it difficult to own stocks, but Bitcoin and gold are attractive options .

- JPMorgan Chase launches the tokenization of BlackRock shares on its Onyx blockchain, one more step has been taken.

- MetaMask allows US users to transact in fiat currency through Stripe integration.

- CoinMarketCap has launched a ChatGPT plugin to simplify access to crypto market analytics.

- Chainalysis analysts believe that the Chinese government is changing its approach to cryptocurrencies.

- The capitalization of cryptos in South Korea almost doubled during the first half of 2023, exceeding $21 billion.

- The G20 unanimously adopted the plan to regulate cryptocurrencies which was based on a joint report by the IMF and the FSB published in September under the title “Policies for Crypto-Assets”.

 

About Bankman & Caroline fo fun (Any resemblance to real and actual names is purely coincidental) : https://hey.xyz/posts/0x0157e0-0xaf 

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Pasucaru
Pasucaru

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Crypto on fire
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