Blockchain — Crypto — Artificial Intelligence — Megaprojects
NOTABLE DEVELOPMENTS THIS WEEK
Bitcoin tops $66,000, sets record as crypto goes mainstream
NEW YORK (AP) — Bitcoin rallied to a record Wednesday, topping $66,000 for the first time, amid a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise.
Bitcoin was trading at $66,439, up 5.9%, as of 12:40 p.m. Eastern time, after earlier climbing as high as $66,974.77. It has roared back after sinking below $30,000 during the summer to top its prior record set in April. That previous all-time high was nearly $64,889, according to CoinDesk.
The surge has come as more businesses, professional investors and even the government of El Salvador buy into Bitcoin, further broadening its base beyond its initial core of fanatics.
The latest converts came into the world of crypto on Tuesday, when the first exchange-traded fund linked to Bitcoin found huge interest from investors. Shares of the ProShares BitCoin Strategy ETF changed hands 24.1 million times in a resounding debut. It was off to another strong start Wednesday, with volume topping 19.6 million within the first three hours of trading.
Read the AP article here
CYBEREUM
Cybereum: Developments
Great things continue to progress for the cybereum realm! Marketing, development, NFT’s, and strategic alliances are essential items the cybereum team is working on daily. Our founder, Ananth Natarajan, is putting on the refining touches on our second cybereum NFT, and it’s striking! Cybereum has also welcomed new members onto our marketing and strategy teams, and they look to engage and make an immediate impact.
Link to the MassChallenge page here
Cybereum
Cybereum: Developments
Great things continue to progress for the cybereum realm! Marketing, development, NFT’s, and strategic alliances are essential items the cybereum team is working on daily. Cybereum has also welcomed new members onto our marketing and strategy teams, and they look to engage and make an immediate impact.
We have been working on new marketing videos. One of them, featuring Darth Vader taking a Project Director to task for optimism bias and delays, can be seen here.
Around the Globe
Coinbase will offer customers a ‘get paid in crypto’ direct deposit option.
In September, Coinbase announced that its users will soon be able to set up direct deposit with any percentage of their paychecks and can choose for the money to be deposited as U.S. dollars or any of the more than 100 cryptocurrencies available at the exchange, with no fees.
The company said that the idea for the direct deposit came from users who said that making frequent transfers was inconvenient and time-consuming.
Read the article here
Don’t Miss: Hunter’s, Blood Moon and Orionid Meteor Shower
The Next Full Moon is the Hunter’s Moon; the Travel, Dying Grass, Sanguine, or Blood Moon; Shared Purnima; Pavarana; the full Moon of the Thadingyut Festival of Lights, the Phaung Daw Oo Pagoda Festival, and the Boun Suang Huea or the Boat Racing Festival; and the Lucy Moon.
The next full Moon will be on Wednesday morning, October 20, 2021, appearing opposite the Sun (in Earth-based longitude) at 10:57 a. much of the world but will be on Thursday from Australian Central Standard time eastward to the International Date Line. The Moon will appear full for about three days around this time, from Monday night into Thursday night.
Read the Barron’s article here
