Shorts cryptonews for this week 40/52 (2021)

By Pasucaru | pass fire | 9 Oct 2021


- Bitcoin reach $ 50,000 again and Bitcoin's market cap is once again over $ 1 trillion.

- The first Ethereum 2.0 update on Beacon Chain is scheduled (https://twitter.com/dannyryan/status/1442873900652646405) for October 27, 2021

- The Shiba Inu (SHIB) is now the 12th largest cryptocurrency by market capitalization after registering an increase of almost 400% over the last 7 days. (CoinGecko)

- Visa introduced (https://usa.visa.com/visa-everywhere/blog/bdp/2021/09/29/making-digital-currency-1632954547520.html) the concept of interaction in digital currency payments of central banks and stablecoins

- JPMorgan said in a note to clients that "institutional investors seem to be coming back to Bitcoin, perhaps seeing it as a better hedge against inflation than gold." (Business Insider)

- Bitkraft VC Launches $ 75 Million Blockchain Games Investment Fund.

- SEC Chairman Gary Gensler has said the SEC has no plans to ban cryptocurrencies. His words mirror those of the Fed chairman (https://twitter.com/Blockworks_/status/1443612299584024582), made a few days ago. (CoinDesk) 

- The UK central bank has said crypto assets are increasingly integrated into the UK financial system and more regulation is needed as their influence grows. She added that cryptocurrencies currently do not pose a major risk to financial stability.(CoinDesk)

- China has blocked (https://www.theblockcrypto.com/linked/118878/coingecko-coinmarketcap-blocked-china-internet-firewall) access to CoinGecko, CoinMarketCap and TradingView

 

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pass fire

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