Wednesday, July 28

Ether

crypto, cryptocurrency, Ether, Ether ETF, Markets, MI Exclusive

Ethereum founder Vitalik Buterin to be paid in ether for role as monocle-wearing Lord Catsington in Mila Kunis’ NFT animated series’Stoner Cats’

Vitalik Buterin John Phillips/ Getty images Vitalik Buterin plays spirit guide Lord Catsington on the "Stoner Cats" animated series, which needs an NFT to watch. The cast, which includes Mila Kunis, Ashton Kutcher, Chris Rock and Jane Fonda, will be paid in ether. Swearing in the show, which aims to educate people about crypto, was edited out to suit the ethereum founder. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ethereum founder Vitalik Buterin will play a monocle-wearing spirit guide in "Stoner Cats", a new adult animation series that is crowdfunding using non-fungible tokens (NFTs), according to the show's website. Buterin, who will provide the voice of "Lord Catsington", joins a cast of actors and comedians, including Mila Kunis, Ashton Kutcher...
Bitcoin, crypto, Cryptocurrencies, digital assets, Ether, Ethereum, Markets, MI Exclusive, Regulation, Singapore

In Singapore, 93% of people have heard of cryptocurrency, 66% of the young own some, and more plan on buying, thanks to the nation’s pro-crypto stance, a survey finds

Singapore flag Emmanuel Dunnand/ Getty Images Most Singaporeans are positive on cryptocurrencies, regardless of age, but it is the country's younger population that is adopting digital coins en masse, thanks to pro-crypto regulation, according to a survey by Australia's Toluna, a consumer insights provider. The survey, which polled around 1,000 people, was conducted in May. It showed 93% of all Singaporeans had heard of crypto and 43% owned it, with adoption highest among 26-45 year-olds. 66% of respondents in that group said they owned some crypto. In the US, only 6% of adults said they invested in bitcoin, according to a recent Gallup poll.The Singapore survey showed 59% believed crypto would reach mass adoption, and 50% believed that bitcoin will be worth more than $367,000 by...
Bitcoin, Cathie Wood, crypto, Dogecoin, Elon Musk, Elon Musk Bitcoin, elon Musk crypto, Ether, Jack Dorsey, Markets, MI Exclusive, SpaceX, Tesla, Tesla bitcoin

‘I might pump but I don’t dump’: Elon Musk outlined his broad approach crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Elon Musk REUTERS/Mike Blake Elon Musk on Wednesday said he is a supporter of bitcoin and wants to see the cryptocurrency succeed. "If the price of bitcoin goes down, I lose money. I might pump but I don't dump," Musk said during "The B Word" event. Musk spoke on the panel alongside Twitter chief Jack Dorsey and Ark Invest CEO Cathie Wood. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Elon Musk on Wednesday detailed his thoughts on cryptocurrencies, saying on a live panel that he is a supporter of bitcoin and would like to see the asset succeed."If the price of bitcoin goes down, I lose money. I might pump but I don't dump," Musk said during "The B Word" event, which also featured Twitter chief Jack Dorsey and Ark Invest CEO Cathie Wood.He continued: ...
Bitcoin, Brent, Brent crude oi, crypto, delta variant, Dogecoin, Dow futures, Dow Jones Industrial Average, Ether, gold, Markets, MI Exclusive, Oil, S&P, stock market, stock market 2021, WTI Crude

Dow falls 500 points as fears grow over spread of COVID-19 Delta variant

JOHANNES EISELE/AFP via Getty Images US stocks fell Monday as investors eye a spike in global COVID-19 cases led by the Delta variant, creating a roadblock to a full recovery of the economy. The Dow Jones Industrial Average fell over 500 points at the open. The yield on the 10-year Treasury note was 1.217%, down 8.2 basis points on the day, reflecting the pickup in investor desire for safe-haven assets.The rising cases, which may result in a new wave of lockdown restrictions, weighed on markets. The Delta variant, according to health experts, is the most transmissible variant yet. "The market appears ready to take on a more defensive character as we experience a meaningful deceleration in earnings and economic growth," Morgan Stanley strategists led by Michael Wilson said ...
Bitcoin, crypto, crypto trading, Doge, Dogecoin, dogecoin price, Ether, eToro, Markets, MI Exclusive

Dogecoin trading volumes shot up 1,250% in the 2nd quarter to almost $1 billion a day as big exchanges cashed in

Dogecoin trading volumes shot up 1,250% to close to $1 billion in the second quarter, data shows. Overall global trading volumes rose 32% to $18.82 billion a day on average amid volatile markets. High volatility benefits exchanges but there are signs that the crypto crash is weighing on volumes. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. LoadingSomething is loading. ...
10 year yield, Bitcoin, Cardano, crypto, Dogecoin, Ether, Federal Reserve, gold, inflation, Jerome Powell, Lumber, Markets, MI Exclusive, Oil, s&p 500, stock market

US stocks trade mixed as Powell reiterates in testimony that inflation will pass

A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New York City. Johannes Eisele/AFP via Getty Images US stocks rallied on Wednesday after Federal Reserve Chairman Jerome Powell reiterated that inflation will pass.The benchmark S&P 500 index scaled close to all-time highs, while the Dow Jones Industrial Average also inched up. The Nasdaq composite fell slightly. The yield on the US 10-year Treasury slipped 6.1 basis points to 1.353%.The Fed chief said the US economic recovery still has further to go before the central bank considers tapering its asset purchases, according to prepared remarks ahead of his House Financial Services Committee testimony. Powell said the US job market "is still a ways off" from the prog...
Bitcoin, Cardano, crypto, digital assets, Dogecoin, Ether, Ethereum, Markets, MI Exclusive

Bitcoin, ether and dogecoin briefly slide to lowest in 3 weeks after inflation data sparks fears of faster Fed tightening

STR/NurPhoto via Getty Images Bitcoin dogecoin and cardano's ada token hit their lowest in three weeks at one point on Wednesday before recovering some stability, while ether touched a two-week low after a key measure of US inflation raised concern among investors that the Federal Reserve may put an end to its current policy of low borrowing costs.The US consumer price index rose 5.4% in June compared with a year earlier, the fastest pace since 2008, according to data on Tuesday. Bitcoin was last up around 1% on the day at $32,830, according to Bloomberg data. Earlier, it fell to as little as $31,599, its lowest in three weeks."The strange narrative is that this is due to the strong inflation yesterday in the US, perhaps on the fear that this will bring forward Fed tighten measur...
ADA, América, Bitcoin, Coinshares, crypto trading, Cryptocurrencies, digital assets, Ether, Europe, Markets, MI Exclusive, UK

Crypto trading volumes have fallen to a 9-month low as Europeans ditch bitcoin, although US investors are still buying: CoinShares

British flag and US flag Alex Wong Bitcoin has seen outflows in Europe but inflows from North America in the latest week, according to CoinShares. Trading volumes totalled $1.58 billion for the week to July 9, the lowest since October. Multi-asset investment products, like the Bitwise 10 crypto index fund, were the most popular last week. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency trading volumes fell to their lowest in nine months in the latest week, as bitcoin continued to fluctuate in a relatively narrow range, according to data from digital asset manager CoinShares on Tuesday.Outflows picked up speed in Europe, where regulators have toughened their scrutiny of cryptocurrency trading in general, while US investors were net buyers o...
Bitcoin, Cryptocurrencies, Dogecoin, Ether, eToro, Markets, MI Exclusive, Robinhood

Brokerage eToro says client holdings of dogecoin vaulted above bitcoin and ether in the 2nd quarter

STR/NurPhoto via Getty Images Summary List PlacementHoldings of meme token dogecoin vaulted above bitcoin and ether among eToro clients in the second quarter, according to data from the brokerage. After cardano, which held the top spot in both quarters, dogecoin zoomed past the two largest cryptocurrencies by market capitalization to claim second place, according to a June 30 snapshot from eToro. Bitcoin for the second quarter held the fifth spot, tumbling from second in the first three months of the year. Ether meanwhile, held the fourth spot for the second quarter, also lower from the previous quarter's third place ranking. Consistently in the top five is altcoin tron, which was founded in 2017. Its native cryptocurrency is TRX. Q2 2021 Cryptocurrency Q1 2021 1 Cardan...
Bitcoin, Cardano, Cryptocurrencies, Ether, Markets, MI Exclusive, new york bill, New York State Senate, rachel may

A New York bill would mandate public officials to disclose crypto holdings above $1,000

INA FASSBENDER/AFP via Getty Images A new bill is looking to require public officials in New York to disclose cryptocurrency holdings above $1,000. New York Senate Bill S7272 was presented by Senator Rachel May, The Block first reported. "The purpose of this bill is to close the loophole on cryptocurrency assets, like bitcoin," the bill said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell A new bill being proposed in New York seeks to require public officials to disclose cryptocurrency holdings above $1,000 in the annual statement of financial disclosure.New York Senate Bill S7272 was presented by Democratic Senator Rachel May to the State Senate's Rules Committee on July 2, The Block first reported."The purpose of this bill is to close the loophole on c...