Miami mayor plans to accept next paycheck entirely in Bitcoin

Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public …

NFT collection’s price takes a nosedive as creator’s racist cartoons circulate

The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III Trosley. Many participants from the …

Shiba Inu Surpasses Dogecoin, Becomes 9th Largest Crypto Asset As Top US Exchange Appears Ready To List Popular Altcoin

Popular crypto asset Shiba Inu (SHIB) is outpacing its primary competitor as the crypto exchange Kraken appears ready to list the dog-themed memecoin. SHIB has officially surpassed Dogecoin (DOGE) in terms of market cap, according to CoinGecko, and is now the ninth-largest crypto asset by that measure.   The meme token “flippening” occurred a little …

APENFT Foundation Launches $100 Million ‘Art Dream Fund’

November 2, 2021 – Singapore, Singapore APENFT, the premier NFT foundation and fund, and TRON have announced the formal establishment of the $100 million ‘Art Dream Fund’ to explore, cultivate and support talented NFT and digital artists. APENFT aims to collect meaningful stories and promote the fusion of finance, culture and art in the metaverse …

Polygen Raises $2.3 Million for Its Truly Decentralized and Pro-Project Launchpad

November 2, 2021 – Panama City, Panama Polygen – the world’s first truly decentralized launchpad without gatekeepers – has raised $2.3 million through an investment round. Polygen differentiates itself from the dime-a-dozen launchpads active in the industry today by letting anyone launch a project. A permissionless launchpad to fund innovation and without fees can change this industry …

Top Trader Predicts Imminent Bitcoin Surge, Says Ethereum and Two Low-Cap Altcoins Ready To Rally

A widely followed crypto strategist and trader is predicting an impending Bitcoin rally while offering his outlook on smart contract platform Ethereum (ETH) and two more altcoins. The pseudonymous trader Capo tells his 187,500 Twitter followers that Bitcoin (BTC) has likely printed a local bottom and is now gearing up to ignite a rally.   …

Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems

AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare. Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as XRP (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand, and Stellar Lumens …

Nike trademark applications and job postings hint at joining the metaverse

Sports footwear and apparel manufacturer Nike is exploring the design of virtual materials featuring its iconic logo and slogan. According to records submitted to the United States Patent and Trademark Office on Wednesday, Nike has filed applications for its namesake, swoosh logo and “just do it” slogan to be used in virtual goods for its entertainment …

Ethereum price hits a new high above $4,500 right as Bitcoin recaptures $64K

Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As the price of Bitcoin (BTC) rallied to $64,000, Ether (ETH) reached a new record high at $4,523. The …

Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on its network. …

Hydra Scalability Solution for Cardano Is High Commercial Priority, Says Founder Charles Hoskinson

Cardano (ADA) and Input Output Hong Kong (IOHK) founder Charles Hoskinson says Hydra, Cardano’s scalability solution, is “going very well.” The chief executive of the Cardano developer tells his 287,000 YouTube subscribers in a new ask-me-anything session that the company has devoted a “huge amount” of work to Hydra and plans to keep adding resources …

“We are building for the metaverse” says Meta VP Nick Clegg

Nick Clegg, vice president for Global Affairs and Communications at Meta Platforms, spoke at Lisbon’s Web Summit 2021 during a panel on Facebook and innovation in Europe. The world’s biggest tech conference has returned to a physical setting following a two-year, COVID 19-induced virtual hiatus. The event is showcasing an illustrious list of entrepreneurs, organizations …

CME introduces micro Ether futures as ETH nears ATH above $4.4K

The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product. CME announced Tuesday that it is planning to launch a micro Ether futures contract, sized at 0.1 ETH, enabling a new type of Ether exposure to institutional and individual traders. The …

Is ‘Bitcoin season’ real or a maximalist theory?

With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.”  This basically refers to a window of time where money flows from various altcoins back …

Bitcoin price consolidation ‘could be over,’ says trader as Ethereum, Polkadot hit all-time highs

Bitcoin (BTC) is in line for a continuation of its bull run, fresh analysis says, as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $62,500 eyed for BTC price bounce As data from Cointelegraph Markets Pro and TradingView tracks Bitcoin’s best day for a week, confidence in higher levels is building. …

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