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Elon Musk, the billionaire chief executive of electric car-maker Tesla TSLA -5%, has said he thinks:
"I do at this point think bitcoin is a good thing," Musk told a packed Clubhouse chat room. "I am a supporter of bitcoin. I am late to the party but a supporter. Bitcoin is on the verge of getting broad acceptance by traditional finance people."
Visa CEO Al Kelly has reconfirmed that the payments platform is still committed to offering cryptocurrency payments.
“We believe that we are uniquely positioned to help make cryptocurrencies more safe, useful and applicable for payments,” by virtue of Visa’s size, integrations, and brand recognition.”
Crypto asset manager Grayscale has incorporated six more trusts including Polkadot (DOT), Aave (AAVE), Monero (XMR), Cardano (ADA), Cosmos (ATOM), and EOS (EOS).
The upcoming Chinese New Year holidays on Feb. 12 could have an indirect impact on the Bitcoin (BTC) price and drive sell-offs on the market.
With more than 60% of global Bitcoin mining pools are located in China, Stack Funds head of research Lennard Neo suggested that a lot of selling pressure is coming from Chinese miners.
Binance Futures will launch LUNAUSDT perpetual contracts with trading open at 2021-01-28 07:00 AM (UTC). Users will be able to select between 1-20x leverage.
The Reddit community WallStreetBets’ drama with main street hedge funds has now permeated the cryptocurrency sector with Dogecoin’s price pumping by 90% in a matter of hours. This surge has contributed to DOGE nearing its old ATH on the charts.
In an ongoing collaboration with token wrapping protocol Ren, OpenDAO has enabled Dogecoin to be used as collateral to mint a dollar-pegged and doggy themed stablecoin called DOGEO.
Australia’s top national debit infrastructure operator, Efptos, has been announced as the newest member of Hedera’s Governing Council. Eftpos will also become Hedera’s first network node operator in Australia. Other council members include Google, IBM, Boeing, and Deutsche Telekom.