The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it. Source
Month: September 2022
The Dollar Can Be a Protocol for the Future of Money
USDC’s stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competition is a prerequisite. Source
DeFiance Capital’s Arthur Cheong Is Raising Money for a New Fund After Getting Burned by 3AC: Sources
The new venture fund, which will remain under the DeFiance name, will focus on liquid crypto investments with a target of raising about $100 million, one person familiar with the matter said. DeFiance is focusing its efforts on institutional investors such as fund of funds and family offices, that person added. Source
Complete btc-investment free scripts System in PHP MySQL
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Project: Online Bitcoin Trading System Platform Project in PHP and MySQL with Source Code About Online Bitcoin Trading System Platform Project in PHP MySQL Free Download Online Bitcoin Trading System Platform in PHP Free Download with Source Code is a Bitcoin trading platform that operates online. It’s a Laravel-based Bitcoin investment platform that’s fully responsive and dynamic. Creating your own Bitcoin / Crypto Currency / Currency Investment Platform is now simple. Starting your own investment website takes only five minutes. Good luck…
XRP y MKR suben mientras BTC y ETH se mantienen estables a la espera de la inflación de EE. UU.
“Recordemos que, según las proyecciones económicas trimestrales de la Fed, el banco central espera que esta medida de inflación caiga hasta 4,5% para finales de este año. Incluso esa caída hasta 4,5% necesitará que los fondos de la Fed sean llevados al rango entre 4,25% y 4,50%, según la Fed”, escribió en una nota para clientes Chris Turner, jefe global de mercados de ING. El rango objetivo actual de la Fed se encuentra entre 3% y 3,25%. Original Source BTCesperaestablesETHinflaciónmantienenmientrasMKRsubenXRP CryptoX Portal
Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close
Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move followed predictions from traders, who were looking for slightly higher levels to precede a fresh downside move. “Moving my stop to my entry now at 19.3k but letting it ride first to 21.7k where I…
Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
An original June 2021 plan from the Basel Committee, which told banks to issue $1 in capital for each $1 of crypto they hold, drew a volley of criticism for being too conservative, effectively ruling out any incentive to get into crypto markets. A later iteration, published one year later, gave some ground to crypto fans by recognizing the impact of hedging, but also imposed a cap on total exposure to unbacked crypto assets like bitcoin. Source
XRP Rebounds on Friday, Nearing Recent Highs – Market Updates Bitcoin News
Xrp was up by nearly 10% on Friday, as the token moved closer to a recent four-month high. The move comes as consumer sentiment data in the United States came in at 58.6, which is higher than August’s reading of 58.2. UNUS SED LEO was also in the green, climbing by as much as 12% in today’s session. XRP was up by over 10% in today’s session, as prices moved closer towards a multi-month high. Following a low of $0.4285 on Thursday, XRP/USD rallied to an intraday peak of $0.503…
Fintech App Eco to Convert User Balances From US Dollars to USDC
Eco will use digital settlement-service platform Zero Hash to custody the stablecoins. Source
Fundamentals of Bitcoin Mining (On-chain 101 Analysis)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💡INTERACTIVE DASHBOARD: Bitcoin mining is one of the most interesting, but least understood parts of the network. This session will explore the fundamentals of mining dynamics, and how we track them with on-chain metrics. Topics for Discussion: – Understanding difficulty, block intervals and hashrate – Assessing miner revenue and profitability – Tracking miner capitulation cycles and behaviours – Confluence between miner cyclical indicators. Follow us and reach out on Twitter: Join our Telegram channel: For on-chain metrics and charts, visit Glassnode Studio:…