Why Rocketize, Polygon, and Hedera Are Acing Crypto Wishlists of Investors

Place/Date: – October 25th, 2022 at 5:03 pm UTC · 4 min read Source: Rocketize In the recent past, cryptocurrencies have been gaining traction among the global investor community as the prices touch new highs. The blockchain-based assets have been also instrumental in popularizing the concept of decentralized finance (DeFi) which emphasizes an ecosystem free of third-party institutions like brokerage firms and banks. The other benefits associated with cryptocurrency include data privacy, a secure trading experience, innovative products, and returns that are immune to external factors. If you are a…

Near Foundation sets up $40M fund to bail out USN investors in case of collapse

Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation similar to the Terra (LUNA) and TerraUSD (UST) collapse. Supporting this move, the Near Foundation opened up a $40 million fund to protect investors and help them cash out of USN with equal amounts of wrapped Tether (USDT.e). On Oct. 24, Near Foundation revealed setting up a $40 million fund, allowing eligible USN holders to redeem their USN tokens on a 1:1 basis with USDT.e. The program was launched after…

Investors are loving SEC’s crypto industry crackdown, according to survey

The United States Securities and Exchange Commission’s (SEC’s) more-than-enthusiastic crackdown on the crypto industry is being seen as a positive signal for the majority of crypto investors, according to a new survey.  Around 60% of 564 survey respondents in the latest MLIV Pulse survey from Bloomberg said they viewed the recent flurry of crypto crackdowns as a positive sign for investing in the asset class. Around 65% of retail investors signaled they were “more likely” to invest with “greater enforcement against crypto” compared to 56% of professional investors. Conversely, only…

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

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…

Small Bitcoin investors stop whales from crashing BTC price below $18K

An army of small Bitcoin (BTC) investors has been fighting with their larger counterparts for months to keep the price above $18,000. Bitcoin accumulation strong among fishes Notably, there has been some on-chain divergence between so-called whales (entities that hold more than 1,000 BTC) and fishes (entities that hold relatively smaller amounts of BTC) as Bitcoin continues to fluctuate inside the $18,000-$20,000 area. Bitcoin fishes have been accumulating BTC during the coin’s sideways trend. For instance, the net Bitcoin supply held by addresses with 100-1,000 BTC balance has increased from 3.71…

Crypto के Market में गिरावट देखी जा रही है, तो ऐसे में क्या खरीदना चाहिए? | Coffee & Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io क्योंकि क्रिप्टो के मार्केट में गिरावट देखी जा रही है तो ऐसे में क्या खरीदना चाहिए? क्रिप्टो, या फिर मार्केट को एक्जिट करना चाहिए? यही सवाल बहुत सारे इनवेस्टर्स का है. आज ये सवाल एक्सपर्ट्स के साथ उठाऊंगा, लेकिन इसके अलावा बहुत सारे एक्सप्लेनर्स हैं, कुछ नई चाजें आपको सीखने मिलेगी. The absolute latest on cryptocurrency on our new, special site In partnership with @CoinSwitch Kuber . Download CoinSwitch Kuber App: About NDTV India (Hindi News Channel) NDTV India is a 24-hour…

3 reasons why DeFi investors should always look before leaping

Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market.  The publication date of the newsletter will remain the same, and the content will still place a heavy emphasis on the technical and fundamental analysis of cryptocurrencies from a more macro perspective in order to identify key shifts in investor sentiment and…

Hong Kong to Let Retail Investors Engage with Crypto Directly

Besides its political differences and leanings from China, Hong Kong is also seeking to create a different path for itself when it comes to its administration and regulation of digital currencies and the emerging Web3 world. Hong Kong, the special administrative city of China is pushing for new reforms that will position it as one of the most forward-thinking crypto-positive regions in the world. In one of its latest moves as affirmed by Elizabeth Wong, head of the fintech unit at the Securities and Futures Commission (SFC), Hong Kong is…

Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’ – Regulation Bitcoin News

The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this industry … We think that this may be actually a good time to really think carefully about whether we will continue with this professional investor-only requirement.” SFC Director on Crypto Regulation in Hong Kong Elizabeth Wong, director of licensing and head of the fintech unit of Hong…

Will Bitcoin Tank Following The Charles Schwab Indicator? Do BTC Investors Need To Worry?

The crypto market is giving investors no hope of recovery as the price of Bitcoin returns from its recent gain. In the meantime, futures trading remains the best way to gain from the crypto ecosystem. Experts in the crypto world revealed that the current market situation results from several macroeconomic factors. These factors include the ongoing war between Ukraine and Russia and inflation. In addition, governments’ expenses have also increased since the break of the Covid-19 up to now. Another notable factor is the interest rate hikes of the Fed…