EddieJayonCrypto
13 Jan 22
There is a lot going on in the world of crypto and today I have some notes on a few of them. 1. Coinbase a. Bank of America is bullish on Coinbase stock and says it's a buy; citing revenue diversification with NFTs and DeFi in its future; their NFT approach will most likely be agnostic so they can...
There is a lot going on in the world of crypto and today I have some notes on a few of them. 1. Coinbase a. Bank of America is bullish on Coinbase stock and says it's a buy; citing revenue diversification with NFTs and DeFi in its future; their NFT approach will most likely be agnostic so they can span more than a single blockchain b. Coinbase purchased derivatives exchange FairX following similar moves by Crypto.com and FTX; this signals that crypto futures will be a big deal in the coming future c. Coinbase will be giving employees 4 week-long breaks so they can recharge 2. Gate.IO is catering to institutional investors with a new $10M VIP program 3. Stripe is launching in Argentina 4. FTX.US is announced the ability to mint NFT for free on Solana 5. IMF says a lot of countries are interested in the digital space and are going to start working on a framework a. Visa is following in the footsteps of MasterCard, they have cut a deal with a blockchain company create a pilot program as a first step to building an onramp for Central Bank Digital Coins 6. Bitcoin: a. Block integrates Bitcoin Lightning Network in Cash App for faster Bitcoin transfers b. Ric Edelman is the founder of Edelman Financial Services, says 33% of Americans will buy BTC by the end of 2022 c. Uquid, a crypto-focused, shopping site, rolls out 'buy now, pay later' program d. Tonga may be close to making Bitcoin a legal tender; I think this is how it Is going to happen, starting with small countries and countries that have failing fiatFantom has been making some big moves. They just announced they are now listed on another US crypto exchange, Binance.US.🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.