Day: October 24, 2022

MakerDAO Members Support Founder’s ‘Endgame’ Plan to Break Up into MetaDAOs, $2.1B of Transfers

MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where contributors manage the platform and discuss decision-making proposals in a forum, and owners of the platform’s governance token, maker (MKR), vote to approve or reject each proposal. Source

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists – Finance Bitcoin News

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Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew Moss noted “that investors may view bitcoin as a relative safe haven as macro uncertainty continues.” Bank of America’s Market Strategists Say Bitcoin’s Rising Correlation With Gold Indicates ‘Investors May View Bitcoin as a Relative Safe Haven’ Market strategists from Bank of America’s securities…

Best Bitcoin And Ethereum Strategy In 2022? This Report Answers

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Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.  At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar price action in this choppy environment, with most cryptocurrencies in the top 10 at a loss or lateral movement. BTC’s price moving sideways on the daily chart. Source: BTCUSDT Tradingview 2022 Crushes Bitcoin And Global…

Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

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Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for the top government post by Liz Truss on Sept. 5, but she resigned after 45 days in office. Indications so far are that his selection for the office is good news for the crypto industry. Sunak was chancellor of the exchequer, or head of the treasury, from early 2020 to July 5, when he resigned during a scandal that shook Boris Johnson’s government. In that time, Sunak repeatedly voiced his support for…

CO TO JEST BLOCKCHAIN?

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1 Month to Go for Agora’s 10th Global Blockchain Congress on November 23rd and 24th in Dubai, the UAE

Place/Date: – October 24th, 2022 at 5:07 pm UTC · 2 min read Source: Agora Group The 10th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is 1 month away! The 10th GBC is a celebration of the combined influence of our staff, our clients, our partners, and all the investors who continue to demonstrate their solid faith in the future of Blockchain. This edition’s main themes are: Digital Assets’ Regulations in the GCC, Web3 Platforms, Metaverse, Gaming, & NFTs. The event is a closed door, exclusive…

Central Agency for Information Technology (CAIT) Supports the Kuwait Digital Transformation Conference on Driving the Nation towards Digitization in Line with Kuwait’s Vision 2035

Place/Date: Kuwait – October 24th, 2022 at 5:01 pm UTC · 5 min read Contact: Verna, Source: GM Events Photo: GM Events Under the sponsorship of the Central Agency for Information Technology (CAIT), the Kuwait Digital Transformation Conference takes place from the 2nd to the 3rd of November 2022, which aims to provide a national platform for Kuwait’s digitalization stakeholders and ICT experts, game changers, and leading international solution providers and consultants to discuss the latest plans and innovations in the country’s digital transformation journey, global best practices, and innovative…

$185 Million Worth Of AXS Tokens Set To Be Unlocked, Time To Get Out Of Axie Infinity?

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Axie Infinity (AXS) is the leading play-to-earn ecosystem in the crypto space and has continued to maintain this title since its release. Its native cryptocurrency, AXS, has seen its price take a hit in the market since the bear market began alongside other digital assets in the space. However, it seems that the decline in the price of AXS is not at its end as more tokens are set to be released into circulation on Monday, 24 October. 21.5 Million Tokens Are Coming Just like a lot of other projects…

A Day in the Life of a Crypto Trader

10 p.m. – “I slowly detach myself,” says Zdunczyk, and spends time with his wife. He does his best to avoid the siren song of the charts but sometimes he succumbs, even when he knows he shouldn’t, even after all these years of experience, even when he knows it’s healthy. Because ultimately, Zdunczyk says, “every trader is a child at heart.” Source