Day: December 9, 2022

Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events. The United States equities markets are headed for a down week as market participants remain cautious ahead of next week’s key consumer price index data for November. The CPI report will be followed by the Federal Reserve’s Federal Open Market Committee meeting on Dec. 13-14 where the central bank is expected to hike rates by 50 basis points, according to the FedWatch Tool. The outcome of the events next week…

Our Company Is a ‘Funnel’ for Big Brand Partnerships

Polygon Studios, which has an estimated 198 million unique wallet addresses and allows users buy, sell and collect non-fungible tokens (NFT), most recently partnered with Starbucks to launch its NFT-based Odyssey loyalty program. Wyatt said the partnership with Starbucks is the latest example of a “Web2-esque” company looking to implement a Web3-based component into its brand. Source

Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Crypto.com releases proof of reserves, showing above 100% for BTC, ETH

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Tether (USDT), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), and Decentraland (MANA) are also included in the report, with each of them having reserves of above 100%. https://t.co/vCNztABJoG releases Proof of Reserves audited results. Mazars Group compared the assets held in on-chain addresses proven to be controlled by https://t.co/vCNztABJoG with customer balances through an auditor-overseen live query of a production database as of Dec 7. pic.twitter.com/sXgvIe4ZMV — Crypto.com (@cryptocom) December 9, 2022 According to the statement, the audit was conducted by Mazars Group, an international audit, tax, and accounting…

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’ – Bitcoin News

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Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero fees” to swap these two tokens. Coinbase Offers Users Zero Fees to Switch From Tether to Usd Coin, Crypto Community Questions Motive On Thursday, Dec. 8, 2022, Coinbase shared a new blog post and tweeted…

Is Goldman Sachs the ultimate crypto contrarian?

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One of the oldest pieces of contrarian investment wisdom is to buy when there is blood in the streets. If it were that easy, crypto investors would be euphoric at all the buy opportunities right now. If you’re rattled by the bear market, which has been especially brutal even by crypto standards, don’t beat yourself up over it. Cryptocurrency is still an unproven asset class that operates in the shadow of regulators. I don’t blame you for not buying an asset class that’s down over 70% this year.  With those…

ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper – Sponsored Bitcoin News

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sponsored Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The ZOGI token is a wrapped version of the primary BEZOGE token optimized for the Zogi Labs decentralized ecosystem. From day one of launch, ZOGI will be available on Cronos, BNB Chain & Ethereum, rapidly boosting the exposure of the token which can now be wrapped and moved between…

ChatGPT Will Kill Search and Open a Path to Web3

But it’s not just media outlets. It’s brands, governments, not-for-profits, bloggers – anyone striving to grab a piece of the world’s limited supply of audience attention is locked into a competitive dance ruled by Google’s search algorithm. From that structure was built Web2’s core business model: the sale of user data to programmatic advertisers who pay fees structured on a commodity-like measure of “page views,” “uniques” and “sessions.” Source

Investors chase Web3 as blockchain industry builds despite bear market

The third quarter of 2022 saw a reduction in venture capital activity across the entire blockchain industry. Investors appear to be moving away from decentralized finance (DeFi) and into Web3.  The crypto industry tends to have a problem with overusing buzzwords, like the way “DeFi” was everywhere just a couple of years ago. In 2022, it seems like every new startup and established blockchain company alike is taking up the “Web3” mantle. But what exactly is Web3? Cointelegraph Research delved into the matter in its recently released Q3 2022 Venture…

MATIC, QNT Move Higher on Friday, as Cryptos Rebound – Market Updates Bitcoin News

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Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second straight day. Polygon (MATIC) Polygon (MATIC) was a notable mover on Friday, as the token surged to its highest point since Monday. Following a low of $0.9062 on Thursday, MATIC/USD raced to an intraday peak of $0.9324 earlier today. As…