News
New York City Mayor Adams was nonchalant about receiving his first Bitcoin paycheck during a 50% drawdown from all-time highs.
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New York News
New York City is the largest city in the USA and is also important globally as a financial, political, economic, touristic and cultural center. Along with Tokyo and London, New York is considered to be one of the main centers of the global economy. In terms of Bitcoin, the New York Stock Exchange has recently included a stock market index for Bitcoin (NYXBT) which is the first official index for a cryptocurrency. Cryptocurrencies have a special place in New York, as it is legal to use, easy to get and a lot of Wall Street experts have acknowledged the significance of cryptocurrencies in the economy. Besides this, New York is a place for numerous crypto-related meetings and conferences. Also, there is a New York Coin (NYC) made especially for citizens of New York.
- News
Mayor Eric Adams previously said he would be accepting his first three paychecks, or $97,000 annualized, in cryptocurrency.
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CityCoins presented an overview of MiamiCoin technology on the third day of The North American Bitcoin Conference in Miami, Florida.
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Although the restaurant won’t officially open its doors until 2023, two types of membership are already on sale in Ether.
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Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948.
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Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.
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Celsius CEO Alex Mashinsky said that the oversubscribed $750-million funding round was a “very good indication” of the strength of the company’s lending and yielding brand.
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The mayor of Miami plans to give residents a Bitcoin dividend, but what exactly does this mean, and is there any real utility in this move?
4827 - Newsletter
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around.
2428 - Analysis
Despite the limitations of his office, the mayor-elect of New York could leverage his agenda-setting power to the benefit of both crypto and city residents.
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While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-to-1 chance of being approved by the SEC.
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In addition to Bitcoin and Ether, institutional investors are looking to broaden their exposure to emerging projects such as SOL.
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“We’re glad to welcome you to the global home of Web3!” said crypto-friendly Mayor-elect Eric Adams in response to CityCoins’ roll out of NYCCoin this week.
14775 - Newsletter
The infrastructure bill has passed, much to the crypto community's chagrin, yet the key battles lie ahead.
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Incoming New York Mayor Eric Adams believes schools should be preparing students to navigate the world of cryptocurrency and digital assets.
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