Tuesday October 11, 2022

Your Weekly Update On All Things Crypto

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TL;DR

New Bitcoin Mining Investment Opportunity Announced By Grayscale
Swiss Mcdonalds Accepts Crypto
Accelerating Acceptance And Investment In Metaverse
Oklahoma Senator Introduces The No Digital Dollar Act
Bitcoin Nears Critical Moment At The End Of Descending Triangle
ETH/BTC Remains Bulling Despite Lack Luster Price Action Following Merge

MACRO NEWS

New Bitcoin Mining Investment Opportunity Announced By Grayscale...

Grayscale Investments is giving investors the chance to invest in Bitcoin (BTC) mining hardware during the ongoing bear market. Essentially, this will be a private, co-investment opportunity in BTC mining hardware. Foundry, a digital asset staking and mining infrastructure firm, shall reportedly manage daily operations for the company.

Swiss Mcdonalds Accepts Crypto...

The Plan ₿ Foundation, a collaboration between the Swiss City of Lugano and USDT stablecoin issuer Tether, recently unveiled a new partnership with payment facilitator GoCrypto to bring Bitcoin, Tether, and LVGA payments to Lugano. This will reportedly allow locals to use their wallets at McDonalds as well as a slew of other merchants.

Accelerating Acceptance And Investment In Metaverse...

Several notable companies like Samsung, Emirates, and Nike have already started using the metaverse, with many more expected to follow suit as the emerging technology continues to gain mainstream attention and funding.

Oklahoma Senator Introduces The No Digital Dollar Act...

Oklahoma Senator James Lankford has recently proposed legislation to ensure that Americans can continue using physical bills and coins regardless of whether the United States adopts a digital dollar.

INDUSTRY EVENTS

Future Blockchain Summit 2022

October 10 - 13/2022

Exhibitors

Speakers

Opportunity

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TECHNICAL ANALYSIS

Bitcoin Forms Short Term Descending Triangle on 4H Chart

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ETH/BTC Forming Ascending Triangle on Daily Chart

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CONTENT OF THE WEEK

You Must Avoid This At All Costs - Max Keiser And Stacy Herbert

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Rich People Are Buying ALL The Crypto

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A Legal Argument for Why Staking Doesn’t Make ETH a Security.

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.