Digital Assets Report 41
- Arab Bank Switzerland partners with Tezos
- SEC approves of ETF tracking Bitcoin-centric companies (Not Bitcoin itself)
- US Department of Justice creates cryptocurrency enforcement team
- Bitcoin reaches $56k, a new multi-month high
Business
Arab Bank has chosen Tezos to facilitate institutional custody service
The banking institution were granted approval from the Swiss Financial Market Authority (FINMA) in 2019 to provide digital asset services.
Tom Farren
SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies
Earlier this month, the SEC delayed its decision on four Bitcoin ETFs for 45 days.
Sam Bourgi
George Soros’ fund owns bitcoin, CEO confirms
Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed it owns bitcoin.
Bank of America offers bullish outlook for DeFi and NFTs
The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency. The re
Ed Ponsi
Bank of America identifies 20 high-profile US companies with crypto exposure
These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America. Bank of America identifies 20 high-profile US companies with crypto exposure
Osato Avan-Nomayo
People of El Salvador Are Buying More Bitcoin Than Withdrawing From Chivo ATMs - Cryptorobin.com
The president of El Salvador, Nayib Bukele, has tweeted that the adoption of Bitcoin in the country is on the
Alex Hulubas
Google Pay arrives in the crypto sector through a partnership with Bakkt | Invezz
Bakkt, a well-known digital asset marketplace, has recently entered a new partnership that has massive potential to bring new crypto users to the industry. The partnership was established with none other than Google itself, with Bakkt intending to use its Google Pay service in order to push crypto a…
read more
Chinese blockchain project BSN expands to Turkey and Uzbekistan
China’s Blockchain-based Service Network continues expanding its global presence, with two new BSN portals.
Helen Partz
Markets
Crypto Charts 41
Bitcoin Short Term ChartFollowing Thursday’s update, we have continued to grindhigher within the channel and are looking for an acceleration higher towards thetop of channel to complete wave (iii). Look to buy on dips with stops below 54′396, the wave iv low. One target to the topside is 63′613 a…
Rayan Khan
Bitcoin is above $56k: What’s next for the markets? - TechStory
Bitcoin is now above $56k and its price movement has been great . It seems like the bull run has begun and we are in for a new ATH.
Reshab Agarwal
Regulations
US Department of Justice creates cryptocurrency enforcement unit
The Justice Department has created a team to investigate “crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering infrastructure actors.”
Kim Lyons
Bitmain Confirms Halting Its Shipment of Antminers to Chinese Customers
The mining rig supplier will still ship globally.
Sri Lanka appoints committee to implement crypto mining and blockchain
The Sri Lankan committee will report its crypto and blockchain-related findings to the Cabinet of Acts, Rules and Regulations.
Arijit Sarkar
Opinions
Bitmex CEO says 5 countries will make BTC legal tender by 2022 end - TechStory
While the revolution has begun with El Salvador’s adoption, Bitmex CEO says that by 2022 end 5 countries will make BTC legal tender.
Reshab Agarwal
Podcast / Readings
Kraken Intelligence’s September 2021 Market Recap & Outlook Report
DocSend
How blockchain can empower smart cities
Advanced technology in smart cities can play a key role in managing efficient urban expansion, but interoperability and openness are essential for success.
Satoru Hori