"Imagination creates reality." -Richard Wagner
Big News Of The Day: U.S. Claims Top Spot For Bitcoin Mining As Miners Flee China Crackdown — Here Are The World’s Biggest Mining Hubs
Podcast Of The Day: Impact Theory - The Philosophy of Bitcoin and How it Could Change the World As We Know It | Robert Breedlove
Video Of The Day: Altcoin Daily: HUGE NEWS! 100x NFT Opportunity! CRYPTO READY TO POP! COINBASE LAUNCHING SOCIAL MEDIA PLATFORM!
Blog Of The Day: What Is the Cost of Doing Nothing With Bitcoin?
My Hot Take
The United States is now the top location for bitcoin miners in the world, according to new data from the University of Cambridge, breaking China’s stranglehold on the industry after Beijing’s cryptocurrency crackdown sent miners scrambling to new locales.
In addition, Russia’s Deputy Finance Minister – Alexey Moiseev – asserted that the Russian Federation has no intentions to impose a total crypto ban. At the same time, Billionaire investor and CEO of venture capital firm Social Capital, Chamath Palihapitiya, says the US can no longer effectively ban Bitcoin and crypto.
Speaking of Bitcoin, PlanB said this:
“I guess we will be above $100,000 [or] above $135,000 at the end of the year, and we’ll continue to grow maybe towards the S2FX model targets, $288,000 or even above. I would not be surprised even to see in Q1 or Q2 next year, prices of $300,000, $400,000, $500,000…”
Macro investor and former Goldman Sachs executive Raoul Pal says four altcoins (SOL, LUNA, AVAX, and DOT) are closely following the strong adoption curves laid out by leading cryptos Bitcoin (BTC) and Ethereum (ETH).
Miami Mayor Francis Suarez has recently made a statement that it is "a major priority" for the city of Miami to create an overflow that would allow municipalities to pay its employees in Bitcoin.
In a job listing posted recently on Stripe’s website, the company is adding four new positions with the title “Staff Engineer, Crypto.” Guillaume Poncin, Head of Engineering Crypto at Stripe, announced he is building a team of engineers and designers to integrate “crypto” into their platform.
Celsius is now valued at $3.25B after $400M raise amid regulatory headwinds; someone is excited about Bitcoin. Also, decentralized finance is now a $200 billion industry.
SEC commissioner comes out against colleague Peirce's safe harbor, ICOs in general and IMF reiterates more oversight for crypto in latest report on financial stability.
With the good comes the bad, as China's WeChat now blocks search results for Crypto exchanges.
Best Performing Top 10 Asset is: BNB - $457.31
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