Market Analysis Report (05 Oct 2021)

The global research division of the second-largest bank in the United States, Bank of America, has published a report in which it describes itself as “bullish” on the cryptocurrency ecosystem – saying it’s “too large to ignore” and there is more to watch beyond bitcoin.

Circle, a key supporter of the popular USDC stablecoin, is under investigation by the U.S. Securities and Exchange Commission (SEC). According to regulatory filings, the company received an “investigative subpoena” from the regulator’s Enforcement Division in July 2021.

Research from blockchain analytics firm Chainalysis has found that cryptocurrency transactions surged 706% in Central and Southern Asia, as well as in Oceania, between July 2020 and June 2021. In dollar terms, the total transaction value amounted to $572.5 billion.

Is there a legitimate way to get free Bitcoin? Believe it or not, the answer is yes.It is worth noting that these methods are not going to make you a bitcoin billionaire – though they can be a good way of stacking some extra satoshis with your spare time.

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Top stories in the Crypto Roundup today:

• Bank of America Bullish on DeFi and NFTs
• USDC Stablecoin Backer Circle Under Investigation by the SEC
• Cryptocurrency Transactions Surged 706% in Asia: Report
• Is There a Legitimate Way to Earn Free Bitcoin?
• Sponsored: Track All Your DeFi Tokens In One Place With Peachfolio

Source: https://www.cryptocompare.com/email-updates/daily/2021/oct/05/