Crypto Insider

2021-10-18 18:19:12 Brazilian kid made 6,500% on father's Bitcoin investment

In 2017, a father made the most needed and profitable move of all buying 1 BTC for $915.8 in honor of his daughter's birthday.

"I bought Bitcoin for her not just as a gift, but as a way of investing in this new economy," the happy father added.

Already, the 4-year-old Brazilian girl owns $61,700, and could well be a millionaire by the time she comes of age. Открыть/Комментировать

2021-10-17 18:03:12 BlackRock CEO doubts on bitcoin's chances of hitting $80,000

Larry Fink agreed with a recent statement by JPMorgan CEO Jamie Dimon, who called bitcoin worthless.

"I'm probably more on the Jamie Dimon's camp. I'm not a student of bitcoin and where it's going to go, so I can't tell you whether it's going to $80,000 or 0. But I do believe there's a huge role for a digitized currency."

Cryptocurrencies have a global impact around the world, he said, but it concerns not only bitcoin. Открыть/Комментировать

2021-10-17 17:04:50 Instagram and Facebook are getting worse and worse

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2021-10-16 18:03:11 PlanB, the Stock to Flow (S2F) model Founder, published a chart on his Twitter account comparing 3 BTC cycles after the Halving and added the phrase "Clear skies", that means there is a way to fly.

Stock to Flow (S2F) — modeling the BTC value with Halving and limited issuance. Открыть/Комментировать

2021-10-15 18:29:00 Wages in cryptocurrency

Employees in Salvador now can get paid in BTC

Bitcoin wallet Strike has launched a "Pay Me in Bitcoin" feature that allows to transfer any portion of a dollar salary into Bitcoin without any commission fee.

Jack Mullers, Strike's director, said that saving BTC, which has quadrupled in price over the past year, is the best way to save assets, setting the example of fiat savings accounts that fail to keep up with inflation. Открыть/Комментировать

2021-10-14 19:32:04 Switzerland proposes to make Bitcoin a reserve asset, by analogy with gold

2B4CH think tank has suggested making Bitcoin one of the reserve assets of the Swiss National Bank, along with gold, and adding it to the constitution.

A minimum of 100,000 signatures are required to put the initiative to a vote.

However, the 2B4CH Founder said that they hoped the vote would be successful, but even if it was not, it would already be a success if the topic was brought to the public debate. Открыть/Комментировать

2021-10-13 20:18:31 Crypto platform Bakkt has announced a partnership with Google

Now all Bakkt users can add their virtual card to Google Pay and pay for any services and products on the Internet and in stores, where Google Pay is accepted: when making payments, cryptocurrencies will be automatically converted into fiat currency. Открыть/Комментировать

2021-10-12 19:31:02 Pantera Capital CEO:

"Bitcoin is in a new bull market"

The CEO of a U.S. hedge fund stated in a report to investors that after "a period of temporary insanity" that involved Chinese bans on cryptocurrency and a heated debate on the environmental impact of Proof-of-Work, now Bitcoin is "in a new bull market".

Still, Dan Morehead noted there might be an event that could reverse the uptrend: the Bitcoin ETF launch. He recalled the CME futures launch and the Coinbase stock listing on Nasdaq, both events that, despite bullish expectations, led to long cycles of bear markets (Bitcoin crashed 83% and 53%, respectively):

"On Wall Street, there’s a saying “Buy the rumor, sell the fact.” Definitely working in crypto space." It definitely works in the crypto space." Открыть/Комментировать

2021-10-11 19:04:05 China will launch a digital yuan-linked stablecoin for international trade

The new asset is to be called an “offshore RMB stablecoin”, while its functionality is expected to be limited to international trade, and its value will be pegged to China's CBDC.

The developers stated that unlike other popular stablecoins, such as USDT and USDC, the new asset will be “fully decentralized”. Открыть/Комментировать

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