The crypto briefs of January 25, 2022

Software maker MicroStrategy will continue to invest in bitcoin despite the asset's recent decline in value, the company's chief financial officer has said.

Flows for digital asset-type investment products recorded inflows totaling $14.4 million last week, breaking the observed trend of outflows that had been highlighted for the previous five weeks, according to data from CoinShares.

New York City Mayor Eric Adams reaffirmed his positive stance towards bitcoin and cryptocurrency by saying the city is open to new technologies and wants to encourage younger residents to become more involved in it. sector. Eric Adams received his first month's salary in Bitcoin.

Bank of America told Bloomberg that a central bank digital currency (CBDC) for the United States is "inevitable". According to the article, the CBDC deployment would be available somewhere between 2025 and 2030.

Francis Ngannou recently became the first UFC champion to receive 50% of his reward in Bitcoin for his victory against Frenchman Cyril Ganne at UFC270.

The company Meta (formerly Facebook) said that "to get it right", in their efforts to develop their own metaverse, they would work "with civil and human rights experts, government officials, technology and academics to think through the issues and mitigate the risks."

John Lennon's son Julian is selling a collection of Beatles memorabilia in the form of a set of non-fungible tokens (NFT). The centerpiece of the "Lennon Connection" is notes taken by Paul McCartney while writing "Hey Jude". The song was written by McCartney to comfort young Julian during his parents' divorce.

The American White House is preparing an executive order which will be published next month and which will define an overall government strategy on crypto-assets.

Paris Hilton has said of metaverses that they are "the future of partying, hanging out, interacting with people, and socializing." On Monday, she appeared as a guest on The Jimmy Fallon Tonight Show, where she spoke about her experiences in the non-fungible token (NFT) community.

FTX is preparing a Visa debit card that will not be available to US customers.

Twitter is hiring another manager for its crypto division, according to a job posting.