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Bitcoin Weekly Forecast: Institutional wave of BTC adoption follows new all-time highs

Apr 16, 2021 14:01 GMTCrypto News Coinbase becomes the first cryptocurrency exchange to have a public listing. AXA Switzerland joins Tesla in accepting BTC as a form of payment, while MicroStrategy pays its board using this crypto. Bitcoin price remains bullish from a technical and on-chain perspective. Bitcoin price hitting a new all-time high and Coinbase’s direct listing are perhaps two of the most important developments surrounding the pioneer cryptocurrency over the past week. As the hype fades, BTC price retraces, creating a base for the next leg up. Coinbase, the poster child of crypto US-based cryptocurrency exchange Coinbase went public on Wednesday under the ticker COIN.  Such a historic moment was recorded on the Bitcoin blockchain as mining pool company F2Pool coded a headline from The New York Times at block height 679,187. 

Broadway Cares/Equity Fights AIDS Launches Red Bucket Match-Up Fundraising Campaign

“The competitive spirit of these actors and the generosity of Gilead will help fill a critical void that’s deepened for local organizations during the pandemic as requests for help dramatically increase and financial support has decreased,” Broadway Cares Executive Director Tom Viola said. “Gilead led the funding of our Emergency Grants for Pandemic Relief last year, ensuring grants that we initially feared wouldn’t be made. While we hoped to be back in theatres fundraising by this time, we’re excited about the opportunity the Red Bucket Match-Up gives us for this year’s National Grants Program.” Last May, Gilead Sciences offered $1 million to help Broadway Cares award Emergency Grants for Pandemic Relief. They were joined by M‧A‧C Viva Glam, ViiV Healthcare, and the P. Austin Family Foundation. Broadway Cares’ supporters helped raise another $250,000, matched by Gilead, to provide $2 million in emergency grants.

The alchemy of anti-incumbency

Mamata Banerjee’s assumption that Bengali nationalism could block anti-incumbency and Hindutva may be optimistic The Trinamool Congress (TMC) government in West Bengal is a unique specimen in understanding anti-incumbency. Welfare schemes that usually make incumbents popular have added to the anti-incumbency woes of Chief Minister Mamata Banerjee, as the workers of her party made those the easy and only option for rent-seeking. ‘Cut money’, or the cut for TMC local leaders on welfare disbursement, is the most important reason for anti-incumbency in the State. The unaccountable nature of power at the panchayat level after the 2018 elections were rigged by the ruling party, made it into an apparatus of extraction rather than a dispenser of patronage. The balance between patronage and extraction, which sustains political parties, was lost. Second, Ms. Banerjee, sought to compensate for her past alliances with the Bharatiya Janata Party (BJP), by an overuse of Muslim symbolism, w

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