Weekly Recap #37 | All you need to know about Bitcoin & Crypto
19 July – 25 July 2022
Here is another super interesting Crypto week! Find below a top list of the most relevant news you need to know. Enjoy the reading.
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?1.????Crypto.com to roll out Google Pay integration as Big Tech continues to embrace crypto.
Google Pay users are given another avenue to cryptocurrency markets as Crypto.com integrates its payment functionality for purchases.
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2.????Morgan Stanley encourages investors to buy battered El Salvador Eurobonds.
?El Salvador’s Bitcoin bet has somewhat backfired, with the top cryptocurrency currently trading at a 70% discount from its top. At a time when the Latin American nation is struggling with its debt, Morgan Stanley has given a buy call for the battered eurobond.
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3.????U.S. charges ex-Coinbase manager in first crypto insider trading case.
A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving?cryptocurrency, U.S. prosecutors in Manhattan said on Thursday.
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4.????Former Blackrock executive: “Bitcoin will enter all wallets”.
?Former Blackrock Executive Edward Dowd states that Bitcoin is here to stay and has the qualities to enter everyone’s wallet, adding that when Bitcoin matures it will likely beat even gold, thanks to unique features such as the ability to be traded digitally.
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5.????Barclays expected to invest 'Millions of Dollars' in crypto custody firm copper.
Barclays is expected to invest a sum in the "millions of dollars" range as part of the raise, Sky News reported on Sunday, citing sources. The funding round values Copper at $2 billion and is expected to close in the coming days.
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Source: Cointelegraph, Cryptonomist, Yahoo Finance, CNN
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