Day: February 23, 2021

Federal Reserve Appoints Pro-Bitcoin Chief Innovation Officer – Regulation Bitcoin News

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A pro-bitcoin head of digital assets from TD Ameritrade has been appointed as the Federal Reserve System’s chief innovation officer. This is “a new role in which she will lead efforts to identify, research, enable and advocate for new technologies,” the Fed explained. The Fed’s New Chief Innovation Officer Is Pro-Bitcoin The Federal Reserve Bank of Richmond serves as the hub of the Federal Reserve’s enterprise IT organization. This nationwide team delivers technology solutions and support across the Federal Reserve System and the Board of Governors. The Richmond Fed announced…

North America’s first Bitcoin ETF sees explosive debut with $564M in assets

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Less than a week after its debut, the Purpose Bitcoin exchange-traded fund continues to attract large inflows of investor capital, offering further reassurance that institutional interest in digital assets is on the rise.  Crypto data provider Glassnode reported Tuesday that the Purpose ETF has reached $564 million in assets under management, an impressive feat considering the fund only launched five days ago. As Cointelegraph reported, the fund generated $80 million in volume during its first hour of trading and reached nearly $100 million on its first day. Glassnode data reveal…

South Korean Blockchain ICON/ICX Set to Explode in 2021! Coinbase & More | #iconTV

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Your drivers license on the blockchain. What do VISA, Microsoft, PayPal and ICON all have in common? Coinbase, ICX, Crypto & more on this episode of iconTV! ICONists, make sure you vote for Mineable P-Rep to grow ICON. Follow Mineable on Twitter: WATCH NEXT: The Sleeping Giant Cryptocurrency That Nobody Is Talking About ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Russian Orthodox Church will not accept Bitcoin in offering plate

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With roughly 100 million members, the church representing the dominant religion in Russia has no plans to accept cryptocurrency donations or offerings. According to a Q&A streamed on YouTube by Jesus Portal, the chairman of the Department for External Church Relations of the Moscow Patriarchate, Hilarion Alfeyev, said the Russian Orthodox Church, or ROC, is not planning to create its own digital currency, nor accept cryptocurrency including Bitcoin (BTC) for donations. However, Alfeyev added it was possible to use other forms of technology to send money to the church: phone…

Aave and Balancer announce hybrid AMM liquidity pool & lending product

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In the latest feat of decentralized finance (DeFi) money lego magic, lending platform Aave and automated market maker (AMM) Balancer have teamed up on a hybrid liquidity-and-lending feature that may significantly fatten depositor yields. In a blog post today, Balancer CEO Fernando Martinelli unveiled plans for the project, dubbed the Balancer V2 Asset Manager. In essence, the integration will allow users to earn two forms of return on their deposits: trading fees and yield farming from Balancer, as well as lending interest from Aave. In Balancer’s current architecture, users deposit…

Pat Sajak Accused of Mocking a Guest, but He’s Only Mocking His Haters – CCN.com

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Wheel of Fortune host Pat Sajak has made several mistakes live on air recently. His latest ‘gaffe’ has turned into accusations that he was mocking someone with a speech impediment. Once you watch the video, you’ll see that people will go to any lengths to get the attention of canceling someone. Pat Sajak seems like a good guy, unless you go on Twitter. The app has become ground zero for cancel culture. People pick apart other people, sometimes for things they said or did decades ago. And it’s fine because…

Ethereum ETH News – ETH Looks Ready To Explode… Again – Bullish Breakout – Price Predictions & TA

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Pro traders went long as Bitcoin fell to $45K, liquidating $5.9B in futures

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In the past 48 hours, Bitcoin’s (BTC) price has dropped by $13,360 and more than $2.6 billion worth of futures contracts have been liquidated. When including altcoins, the total sum of liquidations equaled $5.9 billion. After marking a record-high open interest at $19.5 billion on Feb. 21, the metric has stabilized at $16.5 billion. This means that half of the terminated leverage positions have been reopened. According to the top traders’ long-to-short data and various funding rate indicators, retail traders took the largest hit. Top traders bought the dip The…

Twitter CEO donates 1 BTC to Bitcoin core development non-profit

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Jack Dorsey, CEO of social media powerhouse Twitter, has donated 1 BTC to Brink, a non-profit group focused on Bitcoin’s technological framework.  “Honored to have received a 1 BTC donation to our developer funding efforts from none other than @jack!,” Brink’s Twitter account posted on Tuesday. At time of publication, that Bitcoin (BTC) is worth $46,824. Reporting earlier this month showed the recently established organization getting 503(c)(3) non-profit status from the Internal Revenue Service, giving Brink a break on federal taxation. The entity looks to further Bitcoin by helping out its…

US Education Department promotes putting student records on blockchain

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The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, transparency and more.  For example, the United States Department of Education recently provided funding for the launch of the “Education Blockchain Initiative.” Referred to as the EBI, this project is led by the American Council on Education — an organization that helps the higher education community shape effective public policy — and is designed to identify ways that blockchain can…