Australia’s AMP fund invests $27M in Bitcoin: Report
Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.
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Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira. Google searches for Bitcoin (BTC) emanating from Turkey exploded in the past 24 hours, after the value of the Turkish lira dropped 14% following the firing of a central bank governor. According to data…

Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’
The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration.

BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next?After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate and a host of expectations from analysts who demand that October changes the game.Q4, they say, should be unlike anything yet seen…

IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services
Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business.Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, a core division of the company that will manage all KuCoin products.KuCoin announces two new appointments alongside company restructuringAccording to…

CEO of Blockchain Browser Brave Urges US Senate to Consider European Privacy Standards
Brendan Eich, the CEO of decentralized browser Brave, has urged members of the U.S. senate to consider the General Data Protection Regulation (GDPR) as a regulatory model, according to a statement published Oct. 2.In an open letter dated Sept. 29, Eich called on members of the U.S. Senate Committee on Commerce, Science, and Transportation, to…

Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations. 238 Total views 5 Total shares Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand…

Tether lauds Myanmar shadow government for making USDT an official currency
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.” 814 Total views 29 Total shares Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.Myanmar’s NUG is a shadow government…