India  

New York's new mayor wants his first three pay cheques in Bitcoin

Sky News Friday, 5 November 2021
New York's new mayor wants his first three pay cheques in BitcoinEric Adams, the new mayor-elect of New York, says he wants his first three pay cheques in the role to be made out in Bitcoin.
0
shares
ShareTweetSavePostSend
 
Video Credit: Wibbitz Top Stories - Published
News video: NYC Mayor-Elect Eric Adams Wants Bitcoin for First Three Paychecks

NYC Mayor-Elect Eric Adams Wants Bitcoin for First Three Paychecks 01:31

NYC Mayor-Elect Eric Adams , Wants Bitcoin for First, Three Paychecks. On November 4, New York City's next mayor, Eric Adams, announced that he will take his first three paychecks in Bitcoin. . On November 4, New York City's next mayor, Eric Adams, announced that he will take his first three...

💡 newsR Knowledge: Other News Mentions

New York City New York City Most populous city in the United States

Tommy Fury Says He Was Denied Entry Into U.S., Fight With Jake Paul In Jeopardy

Tommy Fury's fight with Jake Paul could go up in smoke ... after TNT claims he was denied entry into the United States ahead of their scheduled press conference..
TMZ.com
Rudy Giuliani Gets Slapped While Campaigning for His Son [Video]

Rudy Giuliani Gets Slapped While Campaigning for His Son

Rudy Giuliani Gets Slapped , While Campaigning for His Son. CBS News reports former Mayor of New York City Rudy Giuliani was slapped in a supermarket while campaigning for his son. Giuliani says the man who slapped him was an employee of the store who was angry due to the recent Supreme Court decision to overturn Roe v. Wade. Authorities say the incident occurred just before 3:30 p.m. at a ShopRite store in Staten Island. Giuliani, 78, said he was slapped so hard that he nearly lost his balance. All of a sudden, I felt this tremendous slap on my back or banging on my back. , Rudy Giuliani, via CBS New York. I didn't know what it was. , Rudy Giuliani, via CBS New York. There were curse words and kinda threats. It seemed to have to do with abortion, you know, with the fact that he thinks women are gonna die. , Rudy Giuliani, via CBS New York. He looked either inebriated or under the influence of drugs, and he wouldn't stop ... , Rudy Giuliani, via CBS New York. ... so a number of the security people came over, they restrained him, and I said call the police. , Rudy Giuliani, via CBS New York. Soon after the alleged altercation, Giuliani's son Andrew, who is campaigning for governor of New York, tweeted, "MAKE NEW YORK SAFE AGAIN!"

Credit: Wibbitz Top Stories    Duration: 01:30Published

Rudy Giuliani Allegedly Smacked In Staten Island Store, Called A 'Scumbag'

Rudy Giuliani was allegedly the subject of a physical assault while out shopping in New York, TMZ has learned. Law enforcement sources tell TMZ ... Giuliani was..
TMZ.com
Abortion rights defenders gather outside US Supreme Court and in New York [Video]

Abortion rights defenders gather outside US Supreme Court and in New York

Abortion rights defenders gather outside US Supreme Court and in New York.

Credit: euronews (in English)    Duration: 01:00Published

Alexandria Ocasio-Cortez Shares Her Rape Story at NYC Protest

Congresswoman Alexandria Ocasio-Cortez has made the overturning of Roe vs. Wade personal to make her point ... telling protesters in NYC she had been raped and..
TMZ.com

Bitcoin Decentralized digital currency

Bitcoin Struggles As Sellers Lose Historic $7.3 Billion [Video]

Bitcoin Struggles As Sellers Lose Historic $7.3 Billion

Bitcoin Struggles , As Sellers Lose , Historic $7.3 Billion. Last week, Bitcoin investors saw the largest realized loss ever as a widespread sell-off led to shedding $7.3 billion in shares. According to Vice, a sustained crash that began last month has caused the price of Bitcoin to drop below $20,000. Glassnode says that about 555,000 Bitcoins were traded for as much as $23,000 or as little as $18,000. About 178,000 Bitcoins were liquidated by long-term holders for prices below $23,000. . A number of those investors reportedly saw losses as high as 75%. The last three consecutive days have been the largest USD denominated Realized Loss in Bitcoin history. , Glassnode, via Twitter. 'The Financial Times' reports that shares in listed mining companies have fallen approximately 40% in the past month. Some firms have been forced to take machines offline as energy costs continue to rise. . Meanwhile, a wave of acquisitions have been anticipated as many mining firms took on high-interest debt in order to expand operations prior to the market's rapid fall. Meanwhile, a wave of acquisitions have been anticipated as many mining firms took on high-interest debt in order to expand operations prior to the market's rapid fall. If we assess the damage, we can see that almost all wallet cohorts, from Shrimp to Whales, now hold massive unrealized losses, worse than March 2020, Glassnode, via Twitter. If we assess the damage, we can see that almost all wallet cohorts, from Shrimp to Whales, now hold massive unrealized losses, worse than March 2020, Glassnode, via Twitter. The least profitable wallet cohort hold 1-100 $BTC, and have unrealized losses equal to 30% of the Market Cap, Glassnode, via Twitter. Vice reports that it remains unclear if the crypto market has already hit bottom at this point

Credit: Wibbitz Top Stories    Duration: 01:31Published
Top 5 Cryptocurrencies to Invest into | CRYPTO Pathshala with Hitesh Malviya | Oneindia News *Crypto [Video]

Top 5 Cryptocurrencies to Invest into | CRYPTO Pathshala with Hitesh Malviya | Oneindia News *Crypto

From Bitcoin to Ethereum and Dogecoin there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you more watch our special episode on Top 5 Cryptocurrencies to Invest into and to know more about this follow Hitesh Malviya founder of itsblockchain.com who is a crypto veteran https://www.instagram.com/indiacryptoart/ #Crypto #Bitcoin #NFT

Credit: Oneindia    Duration: 04:38Published
Wall Street Hits Bear Market as Stocks and Crypto Drop [Video]

Wall Street Hits Bear Market as Stocks and Crypto Drop

Wall Street , Hits Bear Market , as Stocks and Crypto Drop. On June 13, Wall Street plummeted into a bear market as the S&P 500 dropped over 20% below its record set earlier this year. . The 'Associated Press' reports that the index fell 3.9% in early trading, while the Dow Jones Industrial Average lost 1,000 points before finishing with a loss of 876. . The 'Associated Press' reports that the index fell 3.9% in early trading, while the Dow Jones Industrial Average lost 1,000 points before finishing with a loss of 876. . According to 'AP,' the sell-off centers around the Federal Reserve, which is trying to control inflation with a series of interest rate hikes. According to 'AP,' the sell-off centers around the Federal Reserve, which is trying to control inflation with a series of interest rate hikes. As those rising interest rates raise concerns of a potential recession, prices fell worldwide for everything from bonds to bitcoin. . Some of the steepest declines were seen in technology stocks. . Tesla fell 7.1%, Amazon lost 5.5% and GameStop dropped 8.4%. Tesla fell 7.1%, Amazon lost 5.5% and GameStop dropped 8.4%. According to Coindesk, cryptocurrencies also suffered as Bitcoin fell over 14% to drop below $23,400. . The best thing people can do is to not panic and don’t sell at the bottom, and we’re probably not at the bottom, Randy Frederick, Managing director of trading and derivatives at the Schwab Center for Financial Research, via the 'Associated Press'. The best thing people can do is to not panic and don’t sell at the bottom, and we’re probably not at the bottom, Randy Frederick, Managing director of trading and derivatives at the Schwab Center for Financial Research, via the 'Associated Press'. Some economists have speculated that the Fed may raise its key rates again on June 15. The rumored mega-hike would see key interest rates rise by three-quarters of a percentage point, the largest rate hike since 1994. The rumored mega-hike would see key interest rates rise by three-quarters of a percentage point, the largest rate hike since 1994

Credit: Wibbitz Top Stories    Duration: 01:31Published
Crypto Market Value Drops Below $1 Trillion [Video]

Crypto Market Value Drops Below $1 Trillion

Crypto Market Value , Drops Below $1 Trillion. Reuters reports that according to CoinMarketCap, cryptocurrency market value fell to $926 billion on June 13. Reuters reports that according to CoinMarketCap, cryptocurrency market value fell to $926 billion on June 13. That's the first time it's dropped below $1 trillion since January 2021. In Nov. 2021, the global crypto market reached $2.9 trillion. In Nov. 2021, the global crypto market reached $2.9 trillion. $1 trillion in value was lost in April and May of this year as investors unloaded volatile assets amid rising inflation. . On June 13, bitcoin dropped 18% to reach $23,750, an 18-month low. Reuters reports that puts bitcoin down by 50% so far in 2022. Ether fell 15% to $1,210. As inflation proves to be an even trickier opponent to beat than expected, Bitcoin and Ether are continuing to get a severe bruising in the ring, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, via Reuters. As inflation proves to be an even trickier opponent to beat than expected, Bitcoin and Ether are continuing to get a severe bruising in the ring, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, via Reuters. They are prime victims of the flight away from risky assets as investors fret about spiralling consumer prices around the world, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, via Reuters. They are prime victims of the flight away from risky assets as investors fret about spiralling consumer prices around the world, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, via Reuters

Credit: Wibbitz Top Stories    Duration: 01:30Published
Jay-Z and Jack Dorsey Criticized for Launching ‘Bitcoin Academy’ at Housing Complex [Video]

Jay-Z and Jack Dorsey Criticized for Launching ‘Bitcoin Academy’ at Housing Complex

Jay-Z and Jack Dorsey Criticized for Launching ‘Bitcoin Academy’ at Housing Complex. The rapper and Twitter founder have joined forces... . ... to launch The Bitcoin Academy at public housing complex Marcy Houses in Brooklyn, New York, Jay-Z's childhood home. Free bi-weekly in-person and online classes will be offered for residents. Those who take part will be given free smartphones, MiFi devices and data for a year. The academy's website says it will “empower the community with knowledge, and get rid of some of the barriers so that residents can learn more about Bitcoin specifically and finance in general.” . Lamar Wilson and Najah J. Roberts, two bitcoin influencers, are the only instructors listed. They promise to teach students “about Bitcoin, how it works, why you should care, and how to build your own financial future.”. But may Twitter users have called the endeavor a "pyramid scheme" since it focuses on bitcoin rather than overall financial literacy. Tonantzin Carmona, a Brookings Metro fellow, said, “It’s understandable that they seek alternative outlets for generating wealth or making payment transactions.”. But that doesn’t mean that the alternative is actually better, that it’s safer, or that it’s actually going to help them accomplish their goals, Tonantzin Carmona, a Brookings Metro fellow, via statement, as reported by The Verge. 'Rolling Stone' reports classes will include subjects such as "What Is Money?," "What Is Cryptocurrency," "What Is Blockchain?" and "How to Keep Yourself Safe from Scammers."

Credit: Wibbitz Top Stories    Duration: 01:30Published

Eric Adams Eric Adams Mayor of New York City since 2022

French Montana Gets NYC Mayor Endorsement for New Album

French Montana says he and his mopstick are ready to clean up the rap competition this summer with his album "Montega" -- an album that now has certified..
TMZ.com

You Might Like


Related videos from verified sources

Acura Integra Prototype Preview [Video]

Acura Integra Prototype Preview

Acura gave the world its first look at the highly-anticipated new Integra, signaling the return of the celebrated nameplate to the Acura lineup. Finished in striking Indy Yellow Pearl paint borrowed..

Credit: AutoMotions     Duration: 02:03Published
The new Porsche Taycan GTS Sport Turismo Design in Carmine Red [Video]

The new Porsche Taycan GTS Sport Turismo Design in Carmine Red

GTS stands for Gran Turismo Sport. Ever since the creation of the Porsche 904 Carrera GTS in 1963, these three letters have held special significance for Porsche fans. Now, there is a derivative with..

Credit: AutoMotions     Duration: 01:22Published
New York City Officials Reinstate Mask Advisory [Video]

New York City Officials Reinstate Mask Advisory

New York City Officials , Reinstate Mask Advisory. CNBC reports New York City Health officials have reissued the city's mask advisory. As concerns of the omicron strain of the coronavirus grow,..

Credit: Wibbitz Top Stories     Duration: 01:30Published

Related news from verified sources

No patient in Mumbai infected with Omicron, says Mayor Kishori Pednekar

Mayor Kishori Pednekar said that as per the instructions of Chief Minister Uddhav Thackeray, all possible decisions are being looked upon to control this new...
Mid-Day

New York poised to elect Black ex-cop Eric Adams as mayor


IndiaTimes

Eric Adams is elected New York City mayor


Indian Express