AliMavi
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AliMavi
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Join the Gate Learn Quiz Challenge with me, complete the daily quizzes, and share a prize pool of 4000U! https://www.gate.io/activities/quiz-challenge-learn?invite_uid=6775504&nk_name=Ali%20Mavi&ch=LearnQuiz_20230614
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Gate.io Reply & Win
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Join now: https://www.gate.io/activities/answer-earn/?ch=AnswerEarn&refUid=677550
Take the Quiz to Win Big Prizes
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SunshineN
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Tether (USDT) has announced that it will use up to 15% of its net realized operating profit to regularly buy Bitcoin to bolster its reserve portfolio.
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The minutes of the Federal Reserve's November meeting focus on the decision to keep the interest rate steady and Chairman Jerome Powell's remarks. Weak U.S. economic data strengthened expectations of rate hikes. A limited impact on the markets is expected from the minutes. Citi analysts note that the interpretation of financial conditions and finances in the economy is important. The minutes may contain hawkish hints that conditions will need to remain tight for a long time to bring down inflation, but market reaction is likely to be limited.
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Bitcoin supporter Javier Milei has been elected as Argentina's new president. Milei, known as a right-wing libertarian, won 56% of the vote, promising to reduce inflation and reduce government intervention. To overcome the economic crisis, the 53-year-old leader proposes to abolish the central bank and dollarize the economy. However, his radical ideas and controversial views cause mixed feelings in the country. Milei's questioning of the consensus on Argentina's past crimes and his support for Bitcoin are also noteworthy. In addition, his leadership creates uncertainty about what kind of chang
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BlackRock has criticized the SEC's disparate treatment of spot crypto and crypto futures exchange-traded funds. The company is questioning the SEC's stance on spot crypto ETFs following the approval of its spot-Ether ETF called the "iShares Ethereum Trust." BlackRock argues that the distinction between futures and spot ETFs is not a valid reason. The SEC states that the 1940 Act provides superior regulation to crypto futures ETFs, but BlackRock argues that this distinction does not apply. By supporting the SEC's approval of crypto futures ETFs, the company states that it can detect spot market
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The prospect that the U.S. Securities and Exchange Commission (SEC) will decide on all Bitcoin exchange-traded funds at the same time is hyping up the crypto market. According to experts, the spot Bitcoin ETF is likely to be approved, which has caused Bitcoin to experience an increase of up to 40% in the last month. According to analysts, the SEC's decision-making process may take time, but the earliest approval is expected to come in January. During this time, applications related to rule changes allowing spot Bitcoin ETFs to be listed on exchanges will be considered.
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Cryptocurrency payments giant Ripple has taken two important steps to expand its business operations in the United States and Africa. First, it introduced a new payment platform aimed at providing cross-border payment solutions to corporate customers in the US. The latter aims to facilitate cross-border crypto payments between Africa and other key markets by establishing a strategic collaboration with African fintech leader MFS Africa. These steps are aimed at making cross-border payments more efficient.
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The LayerZero Airdrop will allegedly be released within 10 days. This development draws attention as an issue that many crypto projects have the potential to be affected. According to analysts, lending protocols such as Radiant Capital, Venus Protocol, Pendle, Curve, Yearn, and decentralized finance projects such as Stargate, Balancer, PancakeSwap, Hashflow, Biconomy, Sushiswap, Trader Joe, WOO Network, Maverick could be affected. In addition, projects such as Moonbeam Network, Harmony, and Beefy are also worth watching. Layer Zero is defined as an open-source omnichain interoperability protoc
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According to Jamie Coutts' predictions, the adoption of blockchain technology is increasing. By 2028, the number of daily blockchain users is projected to exceed 100 million. Blockchain adoption continues to grow in both bear and bull markets. As of 2023, the number of daily active addresses exceeded 5 million, an increase of 14 percent. Blockchain-based companies could increase in valuations, and a blockchain ecosystem with 100 million users could be worth between $5 trillion and $14 trillion. These predictions show that blockchain technology is still gaining a lot of attention, and the crypt
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Kasikorn Bank has acquired 97% of the parent company of Satang Corporation Co. Ltd., one of Thailand's crypto exchanges. The deal is valued at 3.705 billion Thai baht ($102.8 million) and was completed on October 27. Satang will rebrand to Orbix, and the new entity will operate in the areas of digital asset fund management, technology development, and hedging.
Kasikorn Bank had focused on Web3, fintech, and artificial intelligence development with $100 million in funding, this acquisition serves that goal. They aim to offer a comprehensive range of crypto services authorized in Thailand. This
View OriginalKasikorn Bank had focused on Web3, fintech, and artificial intelligence development with $100 million in funding, this acquisition serves that goal. They aim to offer a comprehensive range of crypto services authorized in Thailand. This
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Good morning, everyone take vitamin C, have a lot of profitable days 🤝🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊🍊
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One of the cryptocurrency projects that marked the year 2023 is Wall Street Memes, which stands out with a Telegram integration that offers a user-friendly experience and a wide range of game options. This project seems to have attracted attention by offering both a satirical approach to meme coins and staking opportunities for its users.
The Wall Street Memes token has been on the radar of well-known names such as Elon Musk and has attracted a lot of attention in the presale. Furthermore, the project's new betting feature looks set to attract investors' interest. In addition to providing user
View OriginalThe Wall Street Memes token has been on the radar of well-known names such as Elon Musk and has attracted a lot of attention in the presale. Furthermore, the project's new betting feature looks set to attract investors' interest. In addition to providing user
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Morgan Stanley Wealth Management's assessment of the "Bitcoin Spring" shows that there is an optimistic mood in the cryptocurrency market. Analysts agree that the expected Bitcoin halving event in 2024 could be a significant driver for the crypto market. Based on previous halving events, they explain that Bitcoin's rises usually occur in the period after the halving.
Morgan Stanley analysts believe that the increase in Bitcoin's price in 2023 could be an indication that the lows were reached by the end of 2022. At the same time, they offer a perspective that the deliberate limitation of Bitcoi
View OriginalMorgan Stanley analysts believe that the increase in Bitcoin's price in 2023 could be an indication that the lows were reached by the end of 2022. At the same time, they offer a perspective that the deliberate limitation of Bitcoi
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Grayscale has filed a new spot Bitcoin ETF application with the United States Securities and Exchange Commission (SEC). This comes after the Court of Appeals for the District of Colombia requested review. Grayscale intends to turn the Grayscale Bitcoin Trust into a spot Bitcoin ETF by quickly filing the SEC. They also state that they are ready when the conditions for this transformation are met. Grayscale is one of several companies striving to gain SEC approval for its spot Bitcoin ETF, and BlackRock has filed a similar application.
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Elon Musk and Mark Cuban have united against the SEC's approach. Backlash is growing against the SEC, which has so far approved futures ETFs but not spot Bitcoin ETFs, putting pending current applications. Musk and Cuban rebelled against the court by filing a petition criticizing the SEC's investigative style, even though it is not related to spot Bitcoin ETFs. In their petition, they argued that the SEC violated the parties' constitutional rights and that the case should be heard before a federal jury. This initiative shows the reaction of prominent names in the cryptocurrency world against t
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On Ethereum, billionaire whales are holding about 32% of the available supply for the first time since 2016. According to data from Santiment, there is a concentration among these large ETH holders. In addition, Ethereum transactions exceeding $1 million reached a record high. According to data from Glassnode, Ethereum whales holding 1,000 or more ETH have begun to reduce their holdings and have sold around $20 million worth of ETH since 2020. However, Bitcoin whales seem to be protecting their assets. How Ethereum sales and whales' behavior will affect the price of ETH will become clear over
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According to CryptoQuant's report, the total value of the crypto market could exceed $1 trillion if spot Bitcoin ETFs are approved. The entry of Bitcoin ETFs into the market could lead to Bitcoin becoming a $900 billion asset. This report states that the next stage of institutional adoption could be spot ETFs, which provide Bitcoin access to customers through financial institutions. A number of major financial institutions have applied to offer spot Bitcoin ETFs in the United States, with potential approvals expected by March 2024 at the latest. CryptoQuant predicts that these ETFs could bring
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