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Fed raises interest rates by 3 yards again! Bitcoin closes below $20,000 mark

The U.S. Federal Reserve (Fed) raised interest rates again by 3 yards. Although it was in line with market expectations, Bitcoin rose to $20,705 at one point, but then took a dramatic turn, as Fed Chairman Jerome Powell released hawkish remarks, which hit the market against the Fed Hopes of raising interest rates will end, …

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Instagram will launch NFT minting and trading functions! Integrating Arweave Incentivizes AR Up 60%

Facebook parent company Meta announced on October 2 that its social platform Instagram is developing the function of NFT minting and selling on the platform. This upcoming NFT “end-to-end toolkit” will allow users to create and launch NFTs. Own NFT and sell it through Instagram. After the launch of the new feature, Instagram will also …

Instagram will launch NFT minting and trading functions! Integrating Arweave Incentivizes AR Up 60% Read More »

“National DeFi” is coming! Monetary Authority of Singapore’s “DeFi Trial” completes its first transaction

The Monetary Authority of Singapore (MAS) announced on November 2 that it has officially launched a digital asset and decentralized finance (DeFi) trial, and said that the first industrial trial of its project “Project Guardian” has completed the first real-time transaction. Institutions include DBS Bank, JPMorgan Chase and SBI Digital Asset Holdings. The trial aims …

“National DeFi” is coming! Monetary Authority of Singapore’s “DeFi Trial” completes its first transaction Read More »

How much did “National Stud Bitcoin” cost? El Salvador government says ‘confidential’

With the weakening of the cryptocurrency market, many people are worried that El Salvador, which has repeatedly purchased bitcoins by state power, has become more financially strapped. However, the anti-corruption agency recently revealed that El Salvador’s National Development Bank (BANDESAL) has consistently refused to provide details about the government’s purchase of bitcoin. El Salvador’s Anti-Corruption …

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Criticize gold as “inconvenient and difficult to use”! Buterin puts forward three reasons why “cryptocurrency is better”

Ethereum co-founder Vitalik Buterin has criticized gold as a decentralized alternative to money, saying it is “pretty inconvenient” and “difficult to use”, especially when transacting with untrusted parties when. Vitalik Buterin also pointed out that gold “does not support secure storage options like multi-signature,” while stating that “gold adoption rates are lower than cryptocurrencies, so …

Criticize gold as “inconvenient and difficult to use”! Buterin puts forward three reasons why “cryptocurrency is better” Read More »

Binance officially becomes a stake in Twitter! Changpeng Zhao: Has invested 500 million US dollars to participate in the acquisition

Elon Musk, the world’s richest man, bought social media Twitter for $44 billion today, finding ways to secure the deal through outside financing, and Binance founder Changpeng Zhao (CZ), who has pledged to help Musk in the past, also said To do so, today (28) issued a document saying that Binance has invested 500 million …

Binance officially becomes a stake in Twitter! Changpeng Zhao: Has invested 500 million US dollars to participate in the acquisition Read More »

More than 120,000 bitcoins flowed out of exchanges in October! Investors open the “HODL” mode?

Data shows that Bitcoin’s reserves on exchanges have slipped to 12.2% of the total supply, and according to statistics, investors have withdrawn 123,500 Bitcoins from exchanges this month. According to Glassnode’s latest weekly report, the reduction in Bitcoin balances on exchanges is equivalent to 0.86% of the total supply. The relevant metric here is the …

More than 120,000 bitcoins flowed out of exchanges in October! Investors open the “HODL” mode? Read More »

It is necessary to prohibit retail investors from “borrowing money and swiping cards to buy coins”! Singapore tightens cryptocurrency regulations

In order to reduce the risk of harm to retail investors caused by cryptocurrency transactions, the Monetary Authority of Singapore (MAS) intends to tighten regulations, proposing to prohibit retail investors from borrowing money, swiping cards to buy cryptocurrencies, and prohibiting businesses from using the cryptocurrencies deposited by retail investors. Lending or staking to generate income. …

It is necessary to prohibit retail investors from “borrowing money and swiping cards to buy coins”! Singapore tightens cryptocurrency regulations Read More »

Determined to make the UK a “Global Crypto Asset Center”! How will the new prime minister support the currency circle?

Rishi Sunak, the former British Chancellor of the Exchequer, was elected leader of the Conservative Party on Monday and was determined to take over as Prime Minister of the United Kingdom. In addition to the heated discussion about his family background like a “victory group in life”, people in the currency circle also paid special …

Determined to make the UK a “Global Crypto Asset Center”! How will the new prime minister support the currency circle? Read More »

Cathie Wood spent $100,000 on Bitcoin 7 years ago! “The Goddess of Stocks” insists on “don’t sell one coin”

Cathie Wood, the founder of ARK Invest and known as the “Goddess of Stocks”, has always been optimistic about Bitcoin’s prospects. She recently stated that she had been investing in Bitcoin as early as 2015. When Cathie Wood was a guest on the Podcast program “What Bitcoin Did” recently, he revealed that he had invested …

Cathie Wood spent $100,000 on Bitcoin 7 years ago! “The Goddess of Stocks” insists on “don’t sell one coin” Read More »