Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year

The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis Suarez had a head start turning Miami into a bitcoin hub. Mayoral Candidate Promises to Turn … Read more

Two New York City Bars up for Sale for a Total 25 Bitcoins

Two New York City bars are up for sale for a combined 25 bitcoins or 800 ether – over $800k at current prices. Bar owner Patrick Hughes has seen the worst of the Covid-19 pandemic lockdown on his operations and decided to sell the two watering holes for crypto. ● “Crypto is on fire, it’s … Read more

5 Extra Novel Coronavirus Drive-Through Testing Centers are Coming to New York City

The novel coronavirus situation in New York City continues to escalate. Over 460 confirmed cases have been recorded, and at least seven people have died. It is evident that the novel coronavirus is no joke by any means. New York City Remains a Coronavirus Hub Many people dismissed it since the first reports came out … Read more

New York City Will Welcome Your Cash With Open Arms

Running a physical business is always a complex undertaking. Especially in New York City, now that cashless payments have been banned completely.  This news is rather surprising, as it has seemingly come out of the blue. Cash Remains King in New York City A legislative proposal to for businesses to accept cash was introduced a … Read more

JP Morgan: Bitcoin Would Only Make Sense in a Dystopian Scenario

JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector.  Also read: Jamaica Stock Exchange Plans to List Security Tokens ‘A Dystopian Scenario’ America’s largest bank has … Read more

The Daily: NYC to Launch Blockchain Center, Wyoming Advances Industry-Friendly Bills

In today’s edition of The Daily, we feature a couple of stories that show how, despite the current downturn in the cryptocurrency markets, different locations in the U.S. are competing to attract the industry. We also cover a new bitcoin investment trust application with the SEC and a rebranding of a crypto exchange. Also Read: … Read more

$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the exchange, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” It could … Read more

Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged

At the hour and twenty four minute mark, slightly more than half way in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrencies are bunk. It was Mr. Schiff’s third appearance on The Joe Rogan Experience podcast, and he took the opportunity to blast the world’s … Read more