US Senator Cynthia Lummis says Bitcoin should be part of ‘retirement portfolio’The global crypto market cap is $1.4 trillion with a 24-hour volume of $83.74 billion. The price of Bitcoin is $34,298.29 and the BTC dominance is at 46.1%.
by Shaurya Malwa In a Tuesday interview with news outlet CNBC, US Senator Cynthia Lummis said Bitcoin and other cryptocurrencies should be a part of one’s retirement portfolio alongside other assets as they are a good store-of-value. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Katy Perry announces NFTs on Theta Network, invests in Theta LabsGlobal pop superstar Katy Perry has announced the launch of her first NFTs in collaboration with Theta Network, as per a release shared with CryptoSlate. Formula 1 takes on Crypto.com as ‘cryptocurrency sponsor’Racing body Formula 1 (F1) signed on Hong Kong-based crypto firm Crypto dot com as its official cryptocurrency sponsor yesterday, as per a release. Crypto exchange Coinbase is turning towards ‘decentralization’ in future productsCoinbase, among other centralized exchanges, are acknowledging a need for decentralization in the future. 5 ways to lessen personal and financial risks from DeFi exploitsThe buzzing world of Decentralized Finance (DeFi) has racked up its fair share of brickbats and bouquets ever since rising to popularity in 2020. Illegal torrenting identified as source for new Monero (XMR) malwareAvast Antivirus (AA) has turned up a newly discovered Monero mining malware, which they call “Crackonosh.” Crackonosh is distributed as a trojan with cracked software. Ethereum wallets activity surpasses Bitcoin for the first time ever: ReportThe overall activity of addresses (or wallets) on the Ethereum (ETH) blockchain has exceeded that of Bitcoin’s on Monday—for the first time in the history of digital assets, according to crypto metrics firm Santiment. Is the Latin American Bitcoin revolution exaggerated? Mexico, Paraguay backtrack statementsMexico’s central bank (Banxico) and financial regulator (CNBV) issued a joint statement confirming that banks are not authorized to use Bitcoin as a payment method. Bitcoin’s ‘biggest buyer’ is seemingly selling BTC, here’s whyLyn Alden, the founder of Lyn Alden Investment Strategy company, a firm famous for providing market research to several individual investors and financial professionals and institutions, argued in a recent tweet that the demise of Grayscale’s neutral arbitrage trade has played a part in Bitcoin’s top. Morgan Stanley exposed to 26.5 BTC via Grayscale Bitcoin TrustA fund offered by US bank Morgan Stanley has exposure to nearly $1 million worth of Bitcoin via the Grayscale Bitcoin Trust (GBTC), a filing with the US Securities and Exchange Commission (SEC) shows. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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