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This Week in Crypto

Saturday, May 1, 2021

Monday marked the 10 year anniversary of Satoshi Nakamoto's parting message, "I’ve moved on to other things. It’s in good hands with Gavin and everyone.”

On Monday, 

Tesla sold 10% of its Bitcoin holdings, resulting in a $272 million profit.

On Tuesday,

Mark Cuban discussed Dogecoin in an online interview with Ellen DeGeneres, stating The Ellen Shop should accept the currency as a means of payment. 

On Wednesday,

Restaurant chain company Landry will begin to accept Bitcoin as a means of payment in 90% of its restaurants within the next 90 days. CEO Tilman Fertitta made the announcement via a CNBC interview, stating, "It’s amazing how simple the transaction is, and it is here to stay. This is where it is, and it’s inevitable that this was going to happen.” 

On Thursday,

Canadian firm Ninepoint Partners filed its final prospectus for a Bitcoin ETF. Pending regulatory approval, the exchange traded fund will start to trade on the TSX on May 6. 

Mercado Libre, South America's second largest company, now accepts cryptocurrency payments. They launched a real estate section dedicated to cryptos on their online market place.  

On Friday, 

The Bank of England posted seven job openings on their website with "Central Bank Digital Currency (CBDC)" written on the title. The descriptions state the bank is, “actively exploring whether it should develop and issue a CBDC.” 

Venture Capital firm Andreessen Horowitz is raising funds to allocate to investments in crypto. They are looking to raise from $800 million to $1 billion. 


For more information on these stories, visit: 

Tesla: https://markets.businessinsider.com/currencies/news/elon-musk-tesla-bitcoin-holdings-sold-good-cash-alternative-personal-2021-4-1030350083#:~:text=Elon%20Musk%20said%20Tesla%20sold,but%20fell%20short%20on%20revenue.

Mark Cuban: https://www.youtube.com/watch?v=Lg12YeXnPCA

Landry: https://www.cnbc.com/2021/04/27/bitcoin-tilman-fertitta-says-most-landrys-restaurant-brands-to-soon-accept-it.html

BTC ETF: https://www.globenewswire.com/news-release/2021/04/29/2219668/0/en/Ninepoint-Announces-Filing-of-Final-Prospectus-by-Ninepoint-Bitcoin-ETF-and-Provides-Update-on-Conversion-of-Bitcoin-Trust-From-Closed-End-Investment-Fund-Into-Exchange-Traded-Fund.html

Mercado Libre: https://news.bitcoin.com/customers-from-latin-american-e-commerce-giant-mercado-libre-can-buy-real-estate-with-bitcoin/

BoE: https://www.theblockcrypto.com/linked/103424/bank-of-england-hiring-cbdc-team

Andreessen Horowitz: https://www.ft.com/content/cc50c224-0444-418b-b335-782916f8b967


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