Day: October 26, 2022

MakerDAO Invests Hefty Amount Becoming The Largest Stake Holder In USDC

The extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still records progressive moves. For example, a recent report shows a new partnership between Coinbase and MakerDAO. This collaboration aims to become the largest USDC holder. The world’s largest crypto exchange Coinbase announced the partnership. According to the announcement, MakerDAO, the lending protocol, and Coinbase Prime, an institutional client of the exchange, will custody a total of $1.6 billion USD Coins. Also, the report disclosed that the partners would earn 1.5%…

Why is the crypto market up today?

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Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and punishing shorters to the tune of around $1 billion. The change of trend has come quickly and caught many by surprise, as evidenced by that liquidation tally. Behind the scenes, however, little has changed —…

Bitcoin Bad News! Jetzt noch aus dem Cryptomarkt flüchten?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💬In meiner Telegram Gruppe erwartet dich eine wirklich hilfsbereite Community! Du erhältst Zugang zum Signal-Kanal, einem Chartanalyse-Chat und einer allgemeinen Krypto-Talkrunde…alles FOR FREE! ► Folge 👁️ mir auf Twitter! ► Quellen: Limitierte Schweizer Bitcoin Watch! www.bitcoin-watch.ch Feer & Greed Index auf: www.swisscryptojay.ch Goldman Sachs: FED Zinserhöhung: Coinglass Liquidation: MicroStrategie: Video Beschreibung: Zinserhöhungen können schwerer ausfallen als gedacht! 0.75 Basispunkten anstelle der 0.5 Punkten. Kann sich BTC über den 20.000$ halten? Wo ist der Boden? Welche Ziele sehe ich erneut? „Kein Problem“ –…

White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday – Featured Bitcoin News

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The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billion Twitter buyout deal by Friday to avoid a court trial. No National Security Reviews on Elon Musk’s Ventures The White House has reportedly clarified that reports of national security reviews of some of Elon Musk’s ventures are not true. While declining to comment on the Biden administration’s relationship with the Tesla boss or his companies, White House press secretary…

Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why

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The anticipation of the next Bitcoin (BTC) halving will be the main catalyst that sparks a new crypto rally as soon as the second quarter of 2023, according to hedge fund manager Mark Yusko. The halving mechanism, which reduces Bitcoin’s block rewards by half every four years, has historically been a major catalyst for crypto rallies. The next halving is expected to occur in early 2024. “Usually the market will anticipate that by about nine months,” Yusko said in a recent interview with Cointelegraph. According to the hedge fund manager,…

Gate.io Signs MoU Agreement with the City of Busan to Jointly Boost Blockchain Infrastructure

Gate.io, one of the world’s largest and oldest cryptocurrency exchanges, announced the signing of the Memorandum of Understanding (MoU) with the South Korean city of Busan. The agreement entails the cooperation between Gate.io and the Busan Metropolitan City government to develop blockchain infrastructure jointly in Busan. Following the agreement, Gate.io will leverage its industry expertise to assist Busan in a variety of ways: Support the rollout and promotion of the city’s initiative to develop the blockchain industry locally. Assisting in the development, operation, and distribution of the city’s stablecoin. Helping…