Cryptonomics – your weekly crypto & blockchain readings 📰

6th September – 12th September

Hi guys, 

This is Rizvi, entrepreneur and crypto enthusiast based in Zurich, Switzerland. Every week, I’ll share with you some of my weekly readings and thoughts around crypto and blockchain topics, from market insights to trading activities. Feedback is more than welcome!

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📰 Let‘s dive into the news of the week

Football club Paris Saint-Germain Names as Cryptocurrency Partner. The agreement will include the issuing of exclusive NFT’s on the NFT platform. The partnership is just the latest example of the growing intersection of professional soccer and crypto. 📰 Coindesk

Blockstream to pilot renewable Bitcoin mining facility with Australia’s Macquarie Group. Macquarie, best known as a multinational investment bank, will utilize Blockstream’s crypto mining facilities and tap into the firm’s expertise in mining-hardware hosting, Blockstream said Wednesday. 📰 Coindesk

First Crypto Fund in Japan Targets Long-Term Retail Investors. Japanese financial conglomerate SBI Holdings Inc. is aiming to launch the country’s first cryptocurrency fund by the end of November that can give individual investors a way to diversify their broader portfolio. 📰 Bloomberg

Rakuten to launch NFT marketplace The Rakuten NFT marketplace will follow a similar route to Jack Ma’s Alibaba-based NFT platform, as it is aimed at enabling IP holders to sell their tokenized content from categories such as sports, entertainment, music and anime. 📰 Cointelegraph

Bitcoin falls on El Salvador news. A 10% price crash and technical issues with the government’s official Chivo Wallet have marred the debut of Bitcoin as legal tender in El Salvador. 📰 Decrypt

Solana tops $200 as Google Search Data shows peak retail interest. SOL’s rally, however, may cool because web search figures show the peak popularity of the token in the general populace. That’s often observed at major price tops. 📰 Coindesk

Miami Art Festival sells VIP tickets as NFT’s. Miami’s SCOPE Art Show is working with YellowHeart, a blockchain-based live event ticketing platform, to sell VIP tickets in the form of NFT’s. 📰 Coindesk

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