According to Bitpush Market Data, ETH is now $3989.49, down 0.21% in 10 minutes, falls below $4000 mark.
Elon Musk Claims To Be The World’s First Dogecoin Trillionaire Tesla CEO Elon Musk claimed in a recent tweet that he will become the world's first Dogecoin trillionaire.Tesla's share price hit a record high of $910 early on Friday, and Musk's net worth has risen accordingly. According to the Bloomberg Billionaires Index, Musk's net worth has soared to $249 billion, worth more than New Zealand's GDP. Morgan Stanley predicts that Musk is expected to become the world's first trillionaire with his SpaceX. Musk said in July that he personally owns Bitcoin, Dogecoin, and Ethereum.By Mary Liu
According to Bitpush Market Data, BTC is now $61010.52, up 0.14% in 10 minutes, breaks above $61000 mark.
JPMorgan Chase Maintains "Underweight" Rating On Robinhood According to a report from U.Today, Kenneth Worthington, a JPMorgan Chase analyst maintains Robinhood an "underweight" rating with a target price of $35. One of the reasons is the weak trading volume of Dogecoin. Worthington found, unlike trading platforms that focus on cryptocurrencies, Robinhood failed to see a surge in trading volume in October this year, compared with the level in the second quarter of 2021, there has been a significant slowdown.Dogecoin trading accounted for 62% of Robinhood's crypto-related revenue in Q2. At the time of writing, Robinhood is trading at $39.9, a daily decline of 3.34%.By Mary Liu
Crypto Exchange Coinbase Spends Nearly $800,000 On Lobbying In Q3 Cryptocurrency exchange Coinbase has significantly strengthened its lobbying work in Washington, D.C. in recent months, the lobbying disclosure report released by the Senate shows.The exchange re-registered its internal lobbying program in September and spent $625,000 in the third quarter of 2021. In addition, Coinbase spent $170,000 on lobbying contracts with external companies. Cooperative companies include Franklin Square Group, Steptoe & Johnson Law Firm, etc., bringing its total lobbying spending to $795,000 in the third quarter.It is worth noting that this figure does not cover the full range of Coinbase's lobbying expenditures, such as full-time employees who focus on lobbying.By Mary Liu
Five Star Bank And UNIFY Financial Credit Union Became The First U.S. Financial Institutions To Support Bitcoin Trading Q2 Holdings, a bank and loan digital transformation solution provider, and Bitcoin finance and technology company NYDIG announced on Friday that Five Star Bank (New York) and UNIFY Financial Credit Union became the first US financial institutions to allow customers and members to buy, sell and hold Bitcoin, supported by NYDIG. Banks and UNIFY can now provide Bitcoin services to their customers and members without going through a cryptocurrency exchange while helping to overcome barriers such as wallet and key management. Five Star Bank is a state bank with approximately 50 branches in western New York. UNIFY is headquartered in California, has approximately 50 branches across the United States and more than 250,000 members.By Mary Liu
Reddit Prepares To Launch NFT Platform According to a new recruitment announcement, Reddit, the well-known social news aggregation headquartered in San Francisco, is preparing to build an NFT platform. This company is looking for a senior backend engineer, who needs to have five years of back-end development experience and the ability to design complex distributed systems. This position will be responsible for building services that will enable "millions" of users to mint and trade NFTs.The announcement wrote: "Our team is a new and exciting, rapidly growing team that aims to build the largest creator economy on the internet, powered by independent creators, digital goods, and NFTs."Reddit co-founder Alexis Ohanian is a big fan of Ethereum and NFT. He once showed the CryptoPunks NFT he bought for his wife Serena Williams at the 2021 Met Gala.By Mary Liu
According to Bitpush Market Data, ETH is now $3997.20, down 0.15% in 10 minutes, falls below $4000 mark.
According to Bitpush Market Data, ETH is now $4038.02, down 2.10% in 1 hour.
According to Bitpush Market Data, BTC is now $61945.92, down 2.46% in 1 hour.