Odell Beckham Jr. is praised by many as instrumental in driving forward the Bitcoin as salary narrative.Last November, the L.A Rams wide receiver said he would take his salary in Bitcoin as part of a deal with payment provider Cash App.However, following Bitcoin’s dismal recent performance, financial research firm Hedgeye points out that, in doing so, Beckham Jr. may have … [Read more...] about The case against Bitcoin as salary, Odell Beckham Jr. feeling the pinch
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Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away
While the bitcoin options market has recently shed its bearish bias, some analysts remain unconvinced about the strength of the move owing to weak institutional demand and the cryptocurrency's sensitivity to macro factors."There is no sign of an institutional pullback, which is the key for a rally," said Laurent Kssis, a crypto exchange-traded fund (ETF) expert and director of … [Read more...] about Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away
House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expediting the implementation of monetary policy and future-proofing fiat currencies from the rise in use of privately issued digital currencies. It is set to begin a consultation alongside … [Read more...] about House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
Hemp grower crowdfunds court case, tokenizes shares in settlement
Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republic investment platform. Investments are accepted in USD, but proof of investment is issued as digital tokens on the Avalanche (AVAX) blockchain network. It's the first Initial Litigation Offer (ILO) on the Republic platform which … [Read more...] about Hemp grower crowdfunds court case, tokenizes shares in settlement
CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents
Chiefly, CoinDesk argued in court papers that disclosing what, specifically, is backing the USDT stablecoin issued by Tether is in the public interest, and therefore should not qualify as a trade secret. Tether itself claimed it had proactively made the decision to publicize its reserve breakdown when announcing its settlement with the NYAG. Source link … [Read more...] about CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents