Breaking: World’s Largest Hedge Fund Manager Says Regulators Would Kill Bitcoin
Ray Dalio, the American Billionaire, and Manager of the World’s Largest Hegde Fund Bridgewater Associates believe regulators would try to “kill” Bitcoin if it becomes very successful. Dalio who has turned into a Bitcoin proponent after bashing it for years, recently revealed he holds Bitcoin himself and called it a better alternative to Gold. Dalio’s comments come at a time when the US regulatory environment is pretty heated up.
🔥Miami Becomes First City to Approve a Native Crypto, Here’s How It Would Be Used
The US city of Miami has become the first city to approve a native cryptocurrency. The crypto token will be based on Bitcoin’s smallest unit “SAT” and would be called the Miami coin. Miami City Commission approved access to $4.3 million in Miami Coin.
🔥Cardano Breaks 100 Smart Contracts Milestone, Here’s Why it Could Boost $ADA Price
Cardano successfully integrated smart contract support on the mainnet with Alonzo hardfork on September 12. The blockchain has reached 100 smart contract milestones within 24-hours of the Alonzo upgrade. Charles Hoskinson, the founder of the Cardano blockchain called it six years of hard work turning into a success.
📈ETH Is One Crucial Bump Away From Exploding To $4,000
Ethereum rebounds from $3,000 to above $3,400 but faces intense resistance between $3,500 and $3,600.The IOMAP model reinforces the resistance between $3,500 and $3,600 from an on-chain perspective.Ethereumhas, in the last one week, focused on securing higher support, especially one that is strong enough to prevent losses from stretching below $3,000.