UBS now offers investment opportunities in crypto to its wealthy client.
Due to the asset’s volatility, this opportunity will be limited to a very small portion of the clients’ total wealth. UBS CEO, Ralph Hamers explained that the plan is to meet its client’s digital expectations and he’s out to improve the Bank’s digital services.
This shows more institutions are after the adoption of cryptocurrency in their plans.
Geometrie Energy Corporation announced that Elon Musk’s SpaceX will launch the “DOGE-l Mission to the Moon” in the first quarter of 2022.
SpaceX will accept DOGE as full payment for the lunar payload.
SpaceX confirmed this with an email. Tom Ochinero SpaceX vice president of commercial sales, shared that “DOGE-l will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.”
Tom Brady, the seven-time Super Bowl champion, adds “laser eyes” to his Twitter profile picture, a trendy indication of one’s support for Bitcoin.
He did so after it was rumored he had been investing in Bitcoin.
Laser eyes is a meme Bitcoiners use to show that they are patiently waiting for Bitcoin to hit $100,000.
This year, Tom Brady announced he will be launching an NFT platform, Autograph, which will allow celebrities to create non-fungible tokens.
Urban Tea is reported to have started accepting Dogecoin, Ethereum, and Bitcoin as payments option in all of its Chinese stores.
American restaurants in New York uses the same cryptocurrencies for payment methods.
Urban Tea CEO, Xianlong Wu says it’s his plan to make digital currencies part of the lives of its customers.
This is huge for the crypto space as China is the biggest Tea Producers in the world.
Users can now link their Alipay’s (Ant Group- owned mobile payment platform) account to the country’s digital yuan app.
This update is in response to China’s central bank digital currency project.
Ant Group partnership becomes stronger as China’s central bank is using the firm’s mobile app development environment to create digital yuan-linked apps.
This testing is active in six state banks with user wallets for digital yuan.
Morgan Creek Capital Management’s Mark Yusko believes bitcoin will skyrocket to $250,000 within 5 years.
He added that bitcoin is beyond just a token of value. He describes it as a network of adoption and increased usage, he said it’s a technological evolution that’s not going into extinction.
He believes that Bitcoin is the Digital Gold, also mentioning that most assets have tripled their value in 2021.