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Cryptocurrency & Financial Markets News & Stats 13th Nov 2021
Cryptocurrency & Financial Markets News & Stats 13th Nov 2021
Today, I talk about the following:
1. Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez. “We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents
2. OMG Network, the 77th largest cryptocurrency by market cap, dips 30% as exchange flows hit record highs after Boba Network's airdrop snapshot
3. In an interesting development, IoTex Foundation extended both financial and strategic support to PlaceWar. Making an announcement in this regard, PlaceWar said that it had received investment and strategic partnerships support from the IoTex
4. Discord CEO Walks Back Crypto Wallet Hint After Community Backlash. Just 3 days after hinting at a crypto integration, the CEO of Discord has walked back comments following outrage from the Discord community.https://decrypt.co/85816/discord-ceo-walks-back-crypto-wallet-hint-community-outrage
5. AMC Theatres debuts online Bitcoin payments after months of teasing. AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next.https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing
6. · Two firms account for the majority of Tether received: Report. According to the report, issued USDT is primarily acquired by just two market makers. Between 2014 and October 2021, Alameda Research and Cumberland received a projected $60.3 billion in USDT, accounting for almost 55% of all outbound volume ever. According to Protos, the closest competitor minted a few hundred million USDT.https://cointelegraph.com/news/two-firms-account-for-the-majority-of-tether-received-report
7.The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.https://www.theblockcrypto.com/linked/124192/sec-rejects-vanecks-spot-bitcoin-etf?utm_source=twitter&utm_medium=social
8.FTX US is expanding its presence in Miami, Florida, where the crypto exchange has already established a firm foothold. The firm is building permanent office space for 16 to 18 employees in Miami’s financial district, according to a recent Bloomberg interview with FTX US’s vice president of business development, Avinash Dabir.
https://decrypt.co/85913/crypto-exchange-ftx-us-double-down-miami-presence
9.According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to $300 billion as a publicly traded company, considering its current trading volume and transaction fees. Data from CoinMarketCap shows Binance with a trading volume of more than $46 billion in the last 24 hours, making it the top-ranked exchange ahead of Coinbase at roughly $9.5 billion. The estimated valuation would also likely put it ahead of its U.S. competitor, which went into its initial public offering in April with an estimated valuation of $100 billion.
Today, I talk about the following:
1. Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez. “We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents
2. OMG Network, the 77th largest cryptocurrency by market cap, dips 30% as exchange flows hit record highs after Boba Network's airdrop snapshot
3. In an interesting development, IoTex Foundation extended both financial and strategic support to PlaceWar. Making an announcement in this regard, PlaceWar said that it had received investment and strategic partnerships support from the IoTex
4. Discord CEO Walks Back Crypto Wallet Hint After Community Backlash. Just 3 days after hinting at a crypto integration, the CEO of Discord has walked back comments following outrage from the Discord community.https://decrypt.co/85816/discord-ceo-walks-back-crypto-wallet-hint-community-outrage
5. AMC Theatres debuts online Bitcoin payments after months of teasing. AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next.https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing
6. · Two firms account for the majority of Tether received: Report. According to the report, issued USDT is primarily acquired by just two market makers. Between 2014 and October 2021, Alameda Research and Cumberland received a projected $60.3 billion in USDT, accounting for almost 55% of all outbound volume ever. According to Protos, the closest competitor minted a few hundred million USDT.https://cointelegraph.com/news/two-firms-account-for-the-majority-of-tether-received-report
7.The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.https://www.theblockcrypto.com/linked/124192/sec-rejects-vanecks-spot-bitcoin-etf?utm_source=twitter&utm_medium=social
8.FTX US is expanding its presence in Miami, Florida, where the crypto exchange has already established a firm foothold. The firm is building permanent office space for 16 to 18 employees in Miami’s financial district, according to a recent Bloomberg interview with FTX US’s vice president of business development, Avinash Dabir.
https://decrypt.co/85913/crypto-exchange-ftx-us-double-down-miami-presence
9.According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to $300 billion as a publicly traded company, considering its current trading volume and transaction fees. Data from CoinMarketCap shows Binance with a trading volume of more than $46 billion in the last 24 hours, making it the top-ranked exchange ahead of Coinbase at roughly $9.5 billion. The estimated valuation would also likely put it ahead of its U.S. competitor, which went into its initial public offering in April with an estimated valuation of $100 billion.
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By Susie Crew Crypto GrannyCryptocurrency & Financial Markets News & Stats 13th Nov 2021
Today, I talk about the following:
1. Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez. “We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents
2. OMG Network, the 77th largest cryptocurrency by market cap, dips 30% as exchange flows hit record highs after Boba Network's airdrop snapshot
3. In an interesting development, IoTex Foundation extended both financial and strategic support to PlaceWar. Making an announcement in this regard, PlaceWar said that it had received investment and strategic partnerships support from the IoTex
4. Discord CEO Walks Back Crypto Wallet Hint After Community Backlash. Just 3 days after hinting at a crypto integration, the CEO of Discord has walked back comments following outrage from the Discord community.https://decrypt.co/85816/discord-ceo-walks-back-crypto-wallet-hint-community-outrage
5. AMC Theatres debuts online Bitcoin payments after months of teasing. AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next.https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing
6. · Two firms account for the majority of Tether received: Report. According to the report, issued USDT is primarily acquired by just two market makers. Between 2014 and October 2021, Alameda Research and Cumberland received a projected $60.3 billion in USDT, accounting for almost 55% of all outbound volume ever. According to Protos, the closest competitor minted a few hundred million USDT.https://cointelegraph.com/news/two-firms-account-for-the-majority-of-tether-received-report
7.The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.https://www.theblockcrypto.com/linked/124192/sec-rejects-vanecks-spot-bitcoin-etf?utm_source=twitter&utm_medium=social
8.FTX US is expanding its presence in Miami, Florida, where the crypto exchange has already established a firm foothold. The firm is building permanent office space for 16 to 18 employees in Miami’s financial district, according to a recent Bloomberg interview with FTX US’s vice president of business development, Avinash Dabir.
https://decrypt.co/85913/crypto-exchange-ftx-us-double-down-miami-presence
9.According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to $300 billion as a publicly traded company, considering its current trading volume and transaction fees. Data from CoinMarketCap shows Binance with a trading volume of more than $46 billion in the last 24 hours, making it the top-ranked exchange ahead of Coinbase at roughly $9.5 billion. The estimated valuation would also likely put it ahead of its U.S. competitor, which went into its initial public offering in April with an estimated valuation of $100 billion.
Today, I talk about the following:
1. Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez. “We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents
2. OMG Network, the 77th largest cryptocurrency by market cap, dips 30% as exchange flows hit record highs after Boba Network's airdrop snapshot
3. In an interesting development, IoTex Foundation extended both financial and strategic support to PlaceWar. Making an announcement in this regard, PlaceWar said that it had received investment and strategic partnerships support from the IoTex
4. Discord CEO Walks Back Crypto Wallet Hint After Community Backlash. Just 3 days after hinting at a crypto integration, the CEO of Discord has walked back comments following outrage from the Discord community.https://decrypt.co/85816/discord-ceo-walks-back-crypto-wallet-hint-community-outrage
5. AMC Theatres debuts online Bitcoin payments after months of teasing. AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next.https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing
6. · Two firms account for the majority of Tether received: Report. According to the report, issued USDT is primarily acquired by just two market makers. Between 2014 and October 2021, Alameda Research and Cumberland received a projected $60.3 billion in USDT, accounting for almost 55% of all outbound volume ever. According to Protos, the closest competitor minted a few hundred million USDT.https://cointelegraph.com/news/two-firms-account-for-the-majority-of-tether-received-report
7.The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.https://www.theblockcrypto.com/linked/124192/sec-rejects-vanecks-spot-bitcoin-etf?utm_source=twitter&utm_medium=social
8.FTX US is expanding its presence in Miami, Florida, where the crypto exchange has already established a firm foothold. The firm is building permanent office space for 16 to 18 employees in Miami’s financial district, according to a recent Bloomberg interview with FTX US’s vice president of business development, Avinash Dabir.
https://decrypt.co/85913/crypto-exchange-ftx-us-double-down-miami-presence
9.According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to $300 billion as a publicly traded company, considering its current trading volume and transaction fees. Data from CoinMarketCap shows Binance with a trading volume of more than $46 billion in the last 24 hours, making it the top-ranked exchange ahead of Coinbase at roughly $9.5 billion. The estimated valuation would also likely put it ahead of its U.S. competitor, which went into its initial public offering in April with an estimated valuation of $100 billion.