The top crypto news of the week
Bitcoin and Co: The top crypto news of the week
“Game of Thrones actress Maisie Williams recently asked her 2.7 million followers on Twitter if they thought BTC was suitable. Although the majority voted against the crypto currency with scepticism, some popular Bitcoin bulls gathered among the supporters. Besides Tron boss Justin Sun, investor Mike Novogratz, Tesla and SpaceX founder Elon Musk also showed his support. In his commentary to Bitcoin Era, the 49-year-old quoted the song “Toss A Coin To Your Witcher” from the Netflix series “The Witcher”. However, with one decisive change: He wrote Bitcoin instead of Coin. Regardless of the outcome of the Twitter poll, Williams then reacted exactly as one would expect from GoT-Arya: she bought Bitcoin anyway.
Miners can no longer pay electricity bills
Mining pools in China suffer from the limitations of their ability to make payments. Since mid-2020, the Chinese authorities have been trying to curb money laundering in the country. That is why they have also taken tough measures against crypto stock exchanges. This has led to the closure or suspension of accounts, credit cards and other payment methods of mining pools and to huge economic losses. Some 74 per cent of miners interviewed in the country said they had stopped operations for a month.
Bitcoin turnaround in Washington? US Senator makes BTC plea
The first female senator from Wyoming, Cynthia Lummis, wants to stand up for BTC. Thus, the soon-to-be senator of Wyoming is probably the highest-ranking female politician who is a proponent of the market-leading crypto currency. She denies that Bitcoin would be used for tax evasion and money laundering. According to her own statements, the senator had already started to invest in BTC seven years ago. Now, it is hoped for the crypto community that Lummis will be the first MP to make a serious commitment to Bitcoin.
29 billion US dollar giant offers customers access to Bitcoin
Mariner Wealth Advisors, a registered investment advisory firm with over $29 billion in advisory assets, is now working with crypto firm Eaglebrook Advisors. They aim to provide their clients with access to the most popular crypto currency. This means that the investment consultancy first taps into a separately managed account. This allows their financial advisors to allocate Bitcoin to clients who wish to include the leading crypto currency in their investment strategies. With this decision, the investment firm joins the consortium of well-known companies and investors that Bitcoin has attracted.
PwC: Blockchain increases GDP by $1.76 trillion in ten years
As recently forecast in the “Time for Trust” study by the auditing and consulting firm PwC, block chain technology will already contribute around 66 billion US dollars to the global gross domestic product (GDP) next year. Moreover, according to the economists surveyed by PwC, it has the potential to increase global economic output by USD 1.76 trillion by 2030. This corresponds to a share of 1.4 percent of global GDP. The experts also expect the technology to be used by the majority of companies worldwide in the next five years.