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Square buys $50m BTC. Google bets on EOS blockchain. CBDCs ramp up

In this issue Why did Square acquire US$50 million in bitcoin?Google Cloud joins Block.one networkDigital currency initiatives advance globallyIn China: central bank pushes 50,000 people to spend new e-RMB; Hong Kong as DCEP’s sandboxFunding spotlight: betting on cryptocurrency in India From the Editor’s DeskDear Reader,What’s happening in this part of the world,

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JPMorgan Calls Square’s $50M Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency

Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday. Source

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Numerai Hedge Fund Offers $50M in NMR Tokens for Fresh Stock Market ‘Signals’

Hedge fund Numerai is offering $50 million of its numeraire (NMR) token to quants, researchers and even fellow funds that provide original stock market “signals” into its data clearinghouse, Numerai Signals.UPDATE (10/12/20 19:32 UTC): This article has been updated to reflect who can utilize Numerai and how the payout mechanism

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Blockchain Bites: Square’s $50M BTC Investment, MetaMask’s 1M Users, BitMEX’s New CEO

CryptoX is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. The Top Shelf news you subscribed to is down

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The Market Reacts to Square’s $50M Bitcoin Buy

Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.A special breaking edition of The Breakdown follows the market’s reaction to Square’s surprise $50 million bitcoin investment. NLW breaks down the foundations for the investment, including:He also discusses the market’s reaction, from the (potential) connection to Coinbase’s

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