Bitcoin ‘still in early innings’ at $100K — ARK’s Cathie Wood
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value.
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‘We want to be the brand of the metaverse,’ says RTKFT’s Chris Le
A decade ago, Nike took a proverbial leap into the future of sneakers with their launch of Nike Mag — a fictional concept shoe inspired by the movie Back to the Future Part II.The 1,500 limited edition was so revered for its idiosyncratic self-lacing design, that it wrote itself into sneaker folklore as one of…

Lloyd’s Of London to Insure Custody Platform for Digital Currency
U.K. insurance market leader Lloyd’s of London will insure a crypto custody platform by U.S.-based custodial firm Kingdom Trust, according to a press release published August 28. Founded in 1686, Lloyd’s of London is a British insurance firm that is active in over 200 countries. The company reportedly paid claims in the amount of £68…

China: WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket
Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power.The stock market rally was reported on Oct. 28 by the Global Times, an English-language newspaper within the CPC-owned People’s Daily Group.Last week, President Xi Jinping had called for the country…

Institutions won't embrace Web3 without privacy options — Web3 exec
Paradoxically, one of crypto's biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies.

Major South Korean crypto exchanges delist Litecoin
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well. 830 Total views 13 Total shares Major cryptocurrency exchanges in South Korea have delisted Litecoin (LTC) weeks after flagging its privacy-focused MimbleWimble (MWEB) upgrade.In a public announcement on…

Second US Stimulus Package Could Drive Bitcoin Higher, Says OKEx CEO Jay Hao
Jay Hao, the CEO of crypto exchange OKEx, suggests that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further.In his June 22 LinkedIn post, Hao explained that since the first $2.2 trillion stimulus bill was signed in late March, Bitcoin surged by around 58% from $6,580 to $10,400. He cited…

Bitcoin Twitter flips bearish, community responds
Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload. 6727 Total views 23 Total shares As Bitcoin’s (BTC) price slides to 2022 lows, Bitcoin bears have come out to play. Popular names in the BTC space including FTX CEO Sam Bankman-Fried and John Carvalho heeded words of caution…

Missouri mayor suggests giving residents up to $1K in Bitcoin
Jayson Stewart hinted Cool Valley residents could be required to HODL the funds for five years. 1162 Total views 305 Total shares The mayor of Cool Valley, Missouri said he was exploring giving more than $1 million in Bitcoin to the city’s 1,500 residents. In a Thursday interview with St. Louis news outlet KSDK, Mayor Jayson…