Bitcoin Nears $70,000
Daily Leo #34
Many are predicting $100,000 Bitcoin by the end of the year. After racing to a new all time high, the leading cryptocurrency took a breather over the last week or so. It was trading sideways since hitting the highs.
Over night, BTC took aim at $70,000. It moved up 6% , to cross the $66,000 mark.
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Treasury sanctions another crypto exchange while DoJ indicts two ransomware operators
Ramsomware is getting a lot more attention of late. It also appears to be tied to cryptocurrency. Cyber criminals have used the new asset class to target victims, asking for crypto in return for the release of their systems.
The US Government set for a flurry of new regulations. At the same time, the Department of Justice went after a couple of cryptocurrency exchanges.
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Don’t be fooled by NYC’s mayor praising Bitcoin — he’s just shilling an ICO
Last week, Eric Adams was the New York City Mayor’s race. When he takes office, this will place another cryptocurrency proponent at the head of a major city. Adams has been talking about Bitcoin since the results came in Tuesday.
Could the Mayor-elect follow the footsteps of Mayor Suarez in Miami. Many are speculating that we are going to see a NYC Coin.
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Reddit Tokenizing
Is Reddit going to help decentralized social media? After the news Marc Zuckerberg made with his Metaverse announcement, it appears everyone is trying to get into the act.
Reddit is a Web 2.0 company so it will be interesting to see how they move forward. They are, however, going to be the first major platform to tokenize karma.
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