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Crypto Market Cap | mayor elect wants to make New York city crypto friendly | Market Color

EPISODE · Nov 5, 2021 · 9 MIN

Crypto Market Cap | mayor elect wants to make New York city crypto friendly | Market Color

from Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about:• At the Securities Enforcement Forum, Gary Gensler denied that new technological labels alter the realities of securities definitions, specifically calling out decentralized finance and crypto products.• U.S. Representatives Tom Emmer and Darren Soto are calling on the SEC and its chair, Gary Gensler, to approve a spot bitcoin exchange-traded fund.• Mayor-elect Eric Adams says he wants to make New York City "crypto-friendly," and he's taking note of the recent success of Miami's CityCoins project.• Eric Adams said on Thursday that he will take his first three paychecks in bitcoin when he takes office in January.• Mythical Games, announced their Series C funding raise of $150, which brings the startup’s total valuation to $1.25 billion. • Enjin has formed a $100 million fund called the Efinity Metaverse Fund to support work on metaverse projects on Efinity a blockchain developed by Enjin with Polkadot, as well as NFT, Dapp and gaming.• Binance and French Fintech, have launched an initiative called Objective Moon to support the development of the French and European blockchain and cryptocurrency ecosystem.• Square earnings release showed they had made $1.82 billion in bitcoin revenue during the third quarter of 2021 via its Cash App, producing $42 million in gross profit from that activity.• CoinShares as of 30 September has a total comprehensive income of £84.9 million, has generated £55.1 million in management fees and has £2.9 billion in AUM.• TradeStation Group has announced it will become a publicly traded company through a SPAC merger with Quantum FinTech Acquisition Corporation.• Chainlink, has announced the value of smart contracts dependent on its feeds has climbed to $75 billion. This Is a 10-fold increase on the previous year.• A loan has been issued for $1.4 million using the crypto platform NFTfi, with the collator being an NFT, this is currently the largest NFT-collateralized loan.& remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

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Crypto Market Cap | mayor elect wants to make New York city crypto friendly | Market Color

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