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Miami
Makara CEO: Bitcoin's Pullback a 'Natural, Healthy Movement in the Market'
Jesse Proudman, CEO of crypto investment advisor Makara, discusses his bitcoin analysis as it retreats from an all-time-high near $69,000. The pullback is a "natural, healthy movement in the market as we continue to move up," Proudman said. Plus, his views on bitcoin as an inflation hedge, buying trends to watch among investors, and reactions to Miami Mayor Francis Suarez's crypto ambitions for the city.
Miami Creating Digital Wallets, Giving Bitcoin Yield as Dividend to Residents, Says Mayor Francis Suarez
Pro-crypto Miami Mayor Francis Suarez shares insights into the city’s crypto ambitions as its MiamiCoin program has already generated some $20 million in less than three months. Suarez told CoinDesk for the first time, Miami will be the “first city in America to give a bitcoin yield as a dividend directly toward residents.”
Miami to Give ‘Bitcoin Yield’ From MiamiCoin to Its Citizens
The city’s mayor, Francis Suarez, announced the news on CoinDesk TV on Thursday.
Day 4 of Kleiman v. Wright: Craig Wright’s Testimony Delayed
The self-styled “Satoshi” will likely take the stand on Monday.
Miami Mayor Suarez to Take Next Paycheck in Bitcoin
Francis Suarez, who is up for re-election Tuesday, seemed ready to use Strike’s dollar-to-bitcoin conversion service.
Florida’s Miami-Dade County to ‘Study Feasibility’ of Paying Taxes With Crypto
The county’s Cryptocurrency Task Force will also offer recommendations around other potential policies related to crypto that could prove advantageous.
FalconX Eyes Miami for Expansion as CEO Plans Hiring Push
The institutional crypto exchange plans to grow to about 160 employees from 90 and is considering acquisitions.
MiamiCoin Going Mainstream ‘Faster Than Bitcoin,’ Mayor Suarez Says
“It could have wide use and applicability,” the mayor says of the token created by private actors for his city’s benefit.
Miami Mayor Francis Suarez Explains City-Based Cryptocurrency MiamiCoin
MiamiCoin (MIA), listed exclusively on crypto exchange OkCoin, is the first CityCoin. It's a way to support the crypto-friendly city of Miami by holding its coin and potentially helping raise funds. CityCoins are built on Stacks, an open-source network of decentralized apps and smart contracts for the Bitcoin blockchain. Pro-innovation Miami Mayor Francis Suarez discusses the details, how it claims to offer up to 430% APY, and what it means for the Magic City.
eToro Exec: 'Crypto Is a Global Phenomenon'
Bitcoin is up 50% over three weeks on the back of strong institutional and retail demand. eToro US Managing Director Guy Hirsch discusses his long-term bullish assessment of bitcoin despite some suggesting the U.S. Senate's $1 trillion infrastructure bill could be bearish for crypto. "Crypto is a global phenomenon," Hirsch said. "Even if the world's only superpower, the U.S., is taking some adverse measures against the industry... this is a global market, and overall, things are looking optimistic." Plus, the latest with eToro's expansion in Miami.