Digital Assets Report 42

Digital Assets Report 42
  • Proshares Bitcoin ETF finally approved
  • Bitcoin Price reaches $62k for the first time since May
  • G7 leaders issue guidelines on CBDCs
  • Blackrock & Morgan Stanley CEOs discuss Bitcoin


First bitcoin futures ETF to make its debut Tuesday on the NYSE, ProShares says
The first bitcoin-linked exchange-traded fund will make its debut officially on Tuesday.
Cathie Wood’s ARK Invest throws weight behind new bitcoin futures ETF
Star stock picker Cathie Wood’s ARK Invest has given its brand name to a new bitcoin futures ETF that will invest in cryptocurrency futures contracts and trade on the CBOE BZX Exchange, a filing with the U.S. Securities and Exchange Commission showed.
China’s Cryptocurrency Ban Didn’t Halt Asia As Crypto Transaction In The Continent Grows By 706%
Asia’s cryptocurrency transaction volume has grown by 706% over the past year, with adoption rising in the continent despite China’s latest ban on crypto activities.
Crypto Companies Raise Record-Breaking $6.5B in Q3 2021 - Decrypt
Q3 2021 marked another huge milestone for the crypto industry as companies raised an unprecedented sum through venture funding.
Jack Dorsey’s Square to Create Clean Energy, Open Source Bitcoin Mining System
According to Twitter and Square CEO Jack Dorsey, his new Bitcoin mining system would be ‘more decentralized’ and accessible to individuals and businesses around the world.
Anyone Seen Tether’s Billions?
A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade—and in the crosshairs of U.S. regulators and prosecutors.
Coinbase Joins the NFT Rush As It Seeks to Diversify Revenue
(Bloomberg) -- Coinbase Global Inc. is starting a marketplace for nonfungible tokens, or NFTs, looking to expand its revenue base by riding one of the...
Bitcoin will be accepted as payment in Venezuela’s main airport
Venezuela’s main airport – Simón Bolívar International – is lining up a cryptocurrency payment service.
Bitcoin Mining to Provide Heat in Vancouver, Canada
MintGreen and the LEC joined forces to supply heating for North Vancouver through released energy from bitcoin mining.


Crypto Charts 42
BitcoinBitcoin Short-Term ChartLast time we were looking for higher with ‘target to thetopside is 63′613 and this move could be sharply higher to new highs above 65′000.’ We have stopped so far just shy of the 63′000 level and looking at thechart of the last leg up, it looks as if we should keep…
Bitcoin RSI strength suggests BTC price is still far from its cycle top
Bitcoin is not done at current price levels, according to the BTC price RSI.
Bitcoin rallies after weekend tumble amid ETF anticipation
The largest cryptocurrency gained as much as 5.3% and was trading at about $62 180 as of 11:21 a.m. in Hong Kong.
Bitcoin price – live: Crypto expert makes ‘parabolic’ prediction as BTC nears all-time high
Bitcoin price – live: Crypto expert makes ‘parabolic’ prediction as BTC nears all-time high - All the latest cryptocurrency news, updates and analysis


Financial leaders from the G7 have issued CBDC guidelines - Top Coin Token
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. The Group of Seven advanced economic nations discussed central bank digital currencies (CBDC), concluding that they should “do no harm” and meet rigorous standards. Finance lead…
Binance to Delist Chinese Yuan Trading From C2C Platform
The crypto exchange will also run “inventory” to make sure none of its users are from mainland China.
Putin says Russia will not crack down on cryptocurrency like China - TechStory
President Vladimir Putin of Russia should not go after cryptocurrencies in the same way that China did not long ago.
VC firm a16z pursuing crypto lobbying push in Washington
The Silicon Valley venture capital fund says treating Web 3.0 with a broad regulatory brush could be counterproductive for digital innovation in America.
Australia introduces the Ransomware Action Plan
The plan gives the government more power in tracking transactions associated with cybercrime, including freezing and seizing crypto


JPMorgan: Institutions Are Rotating Out Of Gold Into Bitcoin As A Better Inflation Hedge
Bitcoin’s allure as an inflation hedge has perhaps been strengthened by the failure of gold to respond...
BlackRock CEO is “probably more in the Jamie Dimon camp”
The chief executive noted that digitised currencies had great potential in the financial landscape but declined to give his projection for Bitcoin
Morgan Stanley CEO Says Bitcoin Is Not a Fad, Crypto Is Not Going Away – Featured Bitcoin News
The chief executive officer of global investment bank Morgan Stanley says that cryptocurrency, including bitcoin, is not a fad. Noting that they are not going to go away, he said: “We’re watchful of it, we’re respectful, and we’ll wait and see how the regulators handle it.”
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Amid U.S. President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin is a “blessing of God.”

Readings/ Podcasts

Bitcoin entering final stage of major bull trend, crypto analyst says
Crypto analyst and trader Alessio Rastani is convinced we have entered the final leg of the Bitcoin bull market.