Shorts cryptonews for this week 41/52 (2021)

By Pasucaru | Crypto on fire | 16 Oct 2021


- Bitcoin is back above $ 60,000, its highest level in 6 months.

- Stripe, the Irish-American digital payments giant, wants to recruit a team of engineers for its crypto operations. (bitcoinmagazine.com)

- Tesla's bitcoin stash is now worth $ 1 billion more than when Elon Musk approved the purchase last February.

- Miami Mayor Francis Suarez said being able to pay government employees in Bitcoin is "a top priority" for the city. (Bloomberg)

- Vladimir Putin said in an interview that cryptocurrency "has a right to exist and can be used as a means of payment." (Bloomberg)

- The President of El Salvador has announced that profits generated from Bitcoin will be used to finance the construction of an animal hospital to the tune of $ 4 million. (Twitter)

- Binance announced that it will remove the Chinese yuan from its trading platform and stop providing services to users in mainland China. (Wu Blockchain) and Binance becomes main sponsor of S.S. Lazio Roma.

- Coinbase plans to launch an NFT marketplace by the end of the year. (Financial Times) -> Waitlist  here 

- SwissBorg introduces today the EURt stablecoin smart yield ( see my post here)

- Celsius network announces $400M with WestCap. The fund will be used to reach 1,000 employees and the new in-app Swap beta launch is ready very soon.

- The United States is now the largest bitcoin mining center in the world following the ban on mining operations in China. (Financial Times) by the way the proliferation of bitcoin mining sites in Iran, including giant farms run by Chinese companies, is causing repeated blackouts.

- The US SEC is set to allow the first Bitcoin ETF to be listed on Wall Street by next week. (Reuters) so US SEC officially approves ProShares' first Bitcoin ETF. The ETF will start trading on Monday.  (CoinDesk)

- Polkadot confirms the first batch of auctions starts on November 11, 2021.

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