Poll: McAuliffe, Youngkin tied in Virginia governor’s race

Former Virginia Gov. Terry McAuliffe and Republican Glenn Youngkin are deadlocked in the state’s governor’s race, according to a new poll from Monmouth University, as the Republican gains in the closing weeks of the race. The poll shows both men with 46 percent support among registered voters. McAuliffe has lost ground since the last poll from the university in September, in which he held a narrow, 5-point lead. Two percent of voters prefer another candidate, and 7 percent are undecided. Various modeling of the potential electorate from the pollster found…

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Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge against inflation in an interview with CNBC Wednesday. He said: Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold at the moment … It would be my preferred one over gold…

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US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe

A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” the lawmakers said. US Senators Urge Facebook to Stop Crypto Wallet Pilot U.S. Senators Brian Schatz, Sherrod Brown, Richard Blumenthal, Elizabeth Warren, and Tina Smith wrote a letter to Facebook CEO Mark Zuckerberg regarding the…

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Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets

Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and clearing ecosystem. Now is the right time to fully embrace and help define this emerging asset class,” said Cboe’s chief operating officer. Cboe Entering Crypto Spot and Derivatives Markets Cboe Global Markets Inc. (Cboe: CBOE) announced Wednesday that it has agreed to acquire Eris Digital Holdings LLC (Erisx). Erisx’s futures exchange and clearing house are regulated by the Commodity Futures…

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Soldex Signs Long Term Partnership With Speqto Technologies

Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s decentralized exchange (DEX) solution, and to build and program the A.I.-powered bots, that form part of the services offered by Soldex to the public. Speqto Technologies were selected as the vendor due to their extensive expertise in building Decentralized Exchanges (DEX) and A.I. trading bots. Soldex has confirmed that the partnership has already been finalized and that the two companies are well underway in the development process of the following features:…

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Sinema blows up Dems’ plans to tax high earners, corporations

Democrats have a Kyrsten Sinema problem when it comes to raising taxes. As they seek to finalize President Joe Biden’s social spending plan by the end of the week, Sinema (D-Ariz.) remains opposed to one of the party’s chief goals of raising tax rates on high-income earners and corporations, a long-sought objective since former President Donald Trump signed his 2017 tax cut law. Now, party leaders are working behind the scenes to target the wealthy and corporate America without crossing what increasingly appears like a red line to Sinema, according…

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‘Got to get everybody in the tent’: Dems power toward narrowed deal

Less than 24 hours after President Joe Biden delivered a blunt assessment on how to prune the party’s signature legislative package, many Democrats’ attitudes have suddenly shifted toward acceptance. Senior House Democrats on Wednesday emerged from a closed-door meeting with their members, their first since Oct. 1, optimistic they could secure an agreement on Biden’s mammoth $2 trillion social spending package — perhaps by the end of the week. Many final decisions remain in limbo, and Democrats have already begun a fresh round of bargaining as they attempt to preserve…

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Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE

The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin Futures ETF Is the Second US Fund to Get Approval From Regulators This week, the Proshares Bitcoin Strategy exchange-traded fund (BITO) launched with a lot of fanfare and the ETFs volume broke records on Tuesday.…

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Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding

The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury Department explained. Treasury Says Crypto Threatens Efficacy of U.S. Sanctions The U.S. Department of the Treasury released its 2021 Sanctions Review Monday. “Technological innovations such as digital currencies, alternative payment platforms, and new ways of hiding cross-border transactions all potentially reduce the efficacy of American…

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‘Down the rabbit hole’: Arizona GOP goes full fringe

Just when it seemed Arizona Republicans couldn’t make more of a spectacle, they found another way. As the party hardens around its fealty to former President Donald Trump, the GOP is filling up its midterm ballot with a roster of conspiracy theorists and extremists that could threaten the party’s prospects in a state that’s drifted leftward in recent elections. The latest of those candidates is Ron Watkins, a celebrity in the QAnon conspiracy world suspected of being Q, who announced his plans to run for Congress last week. It isn’t…

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Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’

On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks almost too programmed” and this week, the analyst noted that we are “nowhere near a top.” Bullish Forecasters Rejoice Over Correct Predictions — ‘$200-300K Bitcoin Looks Almost Too Programmed’ The leading digital currency bitcoin (BTC) has been on a tear during the last few weeks as it has continuously gained…

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Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped $64,804 per unit. Bitcoin Records New All-Time Price High The fiat value of bitcoin (BTC), measured in U.S. dollars, has reached an all-time high. The price has touched $66,299 per unit on Bitstamp, surpassing the digital asset’s ATH captured six months ago.…

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It’s not just McAuliffe vs. Youngkin. The fight is on for control of Virginia’s House.

VIRGINIA BEACH, Va. — Alex Askew knows firsthand how tight elections can get for Democrats in Virginia. He barely won his seat in the state House of Delegates, defeating his Republican opponent by just 802 votes in 2019. That’s why Askew is campaigning furiously ahead of the November election. On the first Sunday of “Souls to the Polls” early voting over the weekend, Askew, 36, attended two church services before an afternoon of campaign events and canvassing. He was joined by a colleague, state Del. Nancy Guy, who clinched her…

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Walkouts and strikes hit hospitals in pandemic hot spots

Hospitals taxed by the pandemic over the last 20 months have a new problem: Labor strife and a wave of resignations have people waiting longer for care. Months of marathon shifts, an onslaught of verbal and even physical abuse from patients and the public, and perennial complaints over low pay and staffing shortages are stirring unrest at a particularly critical moment in the pandemic. There have been at least 30 strikes of health care workers so far this year, according to a tracker from Cornell University’s School of Industrial and…

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Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future

Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even digital assets in the future. Foreign Ministry Official Sees Russia Acquiring Digital Assets to Reduce US Dollar Dependence In its efforts to counter the negative effects of expanding U.S. sanctions, the Russian Federation is putting an emphasis on “dedollarization,” Deputy Foreign Minister Alexander Pankin remarked in…

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Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security

Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent regulatory standards, ensuring safety and security for all of the stablecoin’s users. Stablecoins have emerged as major players in the crypto market this year, driven by user demand for flexible liquidity in fiat currency terms. These cryptocurrencies, whose market values are pegged to the worth…

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Polkadot and Ethereum 2.0 — A Look at the Solutions Building the Scalability of Tomorrow

Both Ethereum 2.0 and Polkadot are promising sharding-based protocols overcoming the scalability challenges facing legacy blockchains. Although slightly different, together, the Relay Chain and Beacon Chain represent another significant leap forward, especially for interoperability. Partitioning the Problem: Sharing the Load via Sharding Scalability has been a hotly debated topic after networks bumped up against the limits over the last year. Yet, long before it entered the mainstream conversation, developers postulated several angles of attack. Despite the triumphant launch of layer 2 approaches in 2021, layer 1 sharding solutions have long…

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Dems edge closer to ditching disarray

Nancy Pelosi and Chuck Schumer’s strategy to force through Democrats’ domestic agenda flamed out spectacularly in September. They’re ready to try it all over again. With their party’s long-sought priorities on the line, the speaker and Senate majority leader are hustling to clinch a deal as soon as possible that would lock in evasive centrists on a framework for President Joe Biden’s $2 trillion social spending package. That framework, in turn, would free up needed progressive votes for a bipartisan infrastructure bill by Oct. 31. It’s a rerun of the…

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Ghana Central Bank Working to Make CBDC Available to Offline Users

The Ghanaian central bank is seeking to make its digital currency, the e-cedi, available to offline users, an official with the bank has said. Overcoming the Challenge of Limited Power According to Kwame Oppong, who heads fintech and innovation at the Bank of Ghana (BOG), the e-cedi is also expected to facilitate transactions without the need for power or connectivity. “Financial inclusion is limited by the availability of connectivity and power. What we hope to be able to do – and we’re one of the people pioneering this – is…

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Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar

Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars as the main currency during the test, but David Marcus, head Of Facebook Financial, stated they still plan to launch with Diem once it gets greenlighted by regulators. Novi Launches Test Pilot Sans Diem Novi, Facebook’s digital wallet, is…

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Stablecoin USDC Launches on Hedera Network

Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With the addition of USDC as the first stablecoin in its ecosystem, Hedera aims to start developing its own decentralized finance (defi) environment, and it is now offering more than $2.5 billion in ecosystem grants. Circle to Support Hedera-Based USDC Circle, one of the leading…

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Play-to-Earn on Playdapp’s Flagship RPG “Along With the Gods: Knights of the Dawn” in 7 Days

PRESS RELEASE. Fast-rising Blockchain gaming platform PlayDapp has revealed the addition of a Play-to-Earn feature on its flagship game ‘’Along with the Gods: Knights of the Dawn’’. This development is expected to build on the existing features offered by PlayDapp. Play-to-Earn gaming is a rising phenomenon that has gathered steam in recent months. This is due to the positive benefits, as gamers have more freedom to build the gaming economy and receive rewards for transacting in-game assets. PlayDapp’s flagship game, Along with the Gods’’ Knights of the Dawn already has…

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Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition

Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency Blockchain data analytics firm Chainalysis announced Tuesday the addition of bitcoin to its balance sheet. Chainalysis will acquire bitcoin using the brokerage services of the New York Digital Investment Group (NYDIG), the bitcoin investment arm of Stone Ridge Asset Management. NYDIG will also provide custody of the coins purchased. Chainalysis has been…

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Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF

SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first futures-based bitcoin exchange-traded fund (ETF) in the U.S. debuted on the NYSE, the chairman of the U.S. Securities and Exchange Commission (SEC) explained why the regulator greenlighted a bitcoin futures ETF but not a spot bitcoin ETF. In an interview with CNBC Tuesday,…

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Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball

Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball. NBA’s First Cryptocurrency Platform Partnership The Nasdaq-listed cryptocurrency exchange Coinbase and the National Basketball Association (NBA) announced “a multiyear partnership” Tuesday. The partnership “makes Coinbase the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League and USA Basketball,” the announcement details, adding:…

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‘They rushed the process’: Vaccine maker’s woes hamper global inoculation campaign

The world’s vaccine distributor has been counting on U.S. companies to provide more than 2 billion doses to lower and middle-income countries by the end of 2022 — a crucial step in ending the Covid-19 pandemic. But the campaign run by the international consortium known as COVAX, which has already been delayed significantly because of production lags, is now likely to fall short by more than 1 billion doses as a key supplier faces significant hurdles in proving it can manufacture a shot that meets regulators’ quality standards, according to…

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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) did well on its first day, as it closed the day at 4:00 p.m. (EDT) at $41.94 per unit. Meanwhile, the price of bitcoin (BTC) soared on Tuesday, tapping a high of ,367 on the…

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Dems scramble for climate Plan C as Manchin dashes their dreams

Joe Manchin is hearing a dire pitch from his colleagues: Don’t blow our chance to save the world. After Manchin rejected a centerpiece of President Joe Biden’s climate plan and rebuffed a separate carbon tax Tuesday, Senate Democrats are urgently pressing their West Virginia colleague for an alternative. Biden and Democrats are trying to clinch a deal on Biden’s larger social spending bill, but the climate plank has become a serious question mark due to Manchin. And some progressives are reiterating they won’t support any bill that doesn’t have a…

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Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months 

On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a stay at a Japanese castle. Exclusive Travel Service Adds New Services The firm Concierge.io is the concierge service focused on cryptocurrencies and it leverages professional travel managers in order to provide customers with unique and…

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