County Miami Financial News

Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network.

It has curated a collection - to be unveiled at the Bass Contemporary Art Museum in Miami this week - which includes blue chip projects such as Bored Ape Yacht Club, CryptoPunks, World of Women, and projects of emerging artists. Half the fund will be used to back emerging creators, agencies and brands, with the promise of support and services to help bring projects from concept to market.

Thomas Lee said has seen a boom in client interest in bitcoin since his boutique research firm first opened its doors eight years ago. “The interest in bitcoin is very high,” the managing partner and the head of research at New York-based Fundstrat Global Advisors said at the Bitcoin 2022 conference in Miami.

Bitcoin (BTC) is “trading really well” considering the recent interest rate hikes in the US, and once the Federal Reserve (Fed) puts its tightening on pause, bitcoin is “going to the moon,” Galaxy Digital CEO Mike Novogratz said.

Bitcoin (BTC) traded in uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation.

Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank for allegedly ignoring warnings that it was helping finance a real-estate-linked Ponzi scheme.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank for allegedly ignoring warnings that it was helping finance a real-estate-linked Ponzi scheme.

Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April.

It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the U.S., federal agencies got on with the various reports that President Joe Biden’s recent executive orders directed them to produce. Over in the United Kingdom, both the central bank and the Financial Conduct Authority also dropped position papers on crypto-related issues. After thorough deliberation, Thailand’s financial authorities spoke out against using crypto as a means of payment, while rumors of potential legal tender adoption of crypto emerged and died in Honduras.

The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL rose in price today after news that a virtual world built on it has partnered with the photo-sharing and awards app Agora.

Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing it to implement its own cryptocurrency called “MiamiCoin” to be used for civic engagement. 

In an effort to embrace virtual money, the city of Portsmouth, New Hampshire, will allow residents to pay their bills in Bitcoin (BTC) and other cryptocurrencies. Deaglan McEachern, the city's mayor, proposed the idea to city officials, who feel it will provide residents with more payment choices.

cryptocurrency. Now, suddenly, it's inescapable. Look one way, and there are Matt Damon and Larry David doing ads for crypto startups. Swivel your head — oh, hey, it's the mayors of Miami and New York City, arguing over who loves Bitcoin more. Two NBA arenas are now named after crypto companies, and it seems as if every corporate marketing team in America has jumped on the NFT — or non-fungible token — bandwagon. (Can I interest you in one of Pepsi's «Mic Drop, genesis NFTs? Or maybe something from Applebee's „Metaverse Meals, NFT collection, inspired by the restaurant chain's “iconic, menu items?) Crypto! For years, it seemed like the kind of fleeting tech trend most people could safely ignore, like hoverboards or Google Glass. But its power, both economic and cultural, has become too big to overlook. Twenty percent of American adults, and 36% of millennials, own cryptocurrency, according to a recent Morning Consult survey. Coinbase, the crypto trading app, has landed on top of the App Store's charts at least twice in the past year. Today, the crypto market is valued at around $1.75 trillion — roughly the size of Google. And in Silicon Valley, engineers and executives are bolting from cushy jobs in droves to join the crypto gold rush.

Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy. 

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ).

Credit Suisse was accused by an international investigation carried out by several media of hosting funds of criminal or illicit origin.

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Disclaimer: The text below is a press release that was not written by Cryptonews.com.