🚀Already shopping for Christmas? Why not earn some Bitcoin too?

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    🚀Already shopping for Christmas? Why not earn some Bitcoin too?

    What's good, Geckos!


    President Donald Trump is considering pardoning the founder of the dark web marketplace Silk Road, Ross Ulbricht.


    Ulbricht was the main administrator of Silk Road back in 2011 which used bitcoin (BTC) as its main payment method for illegal deals including drugs and weapons.

     

    Ulbricht is considered a hero amongst some in the crypto community and he is currently serving a double life sentence plus forty years without chance for parole.


    (Editor's Note: That's some harsh punishment...)


    In today's news, fund managers are favoring bitcoin over the U.S. dollar, U.S. Bank offers a debit card that rewards BTC and Another billion-dollar firm joins team BTC. 


    Read on!

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    Fund Managers Going The Distance On Bitcoin


    Bank of America's Global Fund Manager December survey shows that investor sentiment is long tech, short U.S. dollar, and long BTC.


    It appears that investors these days are looking for a safe haven from the massive government bailouts.


    The crypto asset also captured that position back in 2017 in Merrill Lynch's December global fund manager survey.


    TheBlockCrypto

    Earn BTC While You Shop 


    Quontic, a bank headquartered in New York has become the first FDIC-insured financial institution to launch a BTC rewards checking program.  


    Their new BTC Rewards debit card allows holders to earn back 1.5% in BTC on eligible debit card purchases.


    The BTC rewards program will be available to residents of a few selected U.S states including Alabama, Arkansas and California.


    CoinDesk

    More TradFi Interest In BTC


    Ruffer Investment Company, a 20 billion dollar asset management company based in London announced that it allocated 2.5% of its funds to BTC.


    Ruffer believes that BTC will be the saving grace when the world's major currencies struggle in the midst of inflation.


    The company is the latest addition to a recent string of notable companies like Microstrategy and MassMutual to hedge its bets with Bitcoin.


    DeCrypt


    What have you got on your wishlist this Christmas? 


    Whether you've been naughty or nice this year, you can join our Christmas giveaway and stand a chance to win a brand new PS5, SWAG Packs, Christmas NFTs, or free Candy! 


    At just 200 Candies to join, it's basically FREE! 


    Stay tuned to our Social Media where winners will be announced!


    You can join our giveaway right here!


    Mempool

    It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain. Each time a transaction is made, it enters directly into the mempool, after which the miners take groups of transactions to build the blocks.


    Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here

    Read more on CoinGecko

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    Stay connected with us.



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