A whitepaper for e-HKD is published from the comment that Bitcoin crosses the $ 50,000 region after Hong Kong. Here are some highlights from the crypto market.
Veteran Crypto Trader, Tone Vays, to say Bitcoin’s daily chart looks good right now if the market breaks the $ 50,000 mark.
According to Vays, he believes that while Bitcoin will hover below its immediate resistance at $ 50,000 for some time, he believes Bitcoin will break through and close above that level.
BTC Price Chart | Source: Coinmarketcap
Vays said he was keeping an eye on the 200-day MA and 128-day MA. The fact that the 128-day MA crosses and exceeds the 200-day MA is viewed by many traders as a long-term bullish signal. Vays stated that the crossover could take place sometime this month.
Aave comes to Avalanche with $ 20 million worth of AVAX offerings.
Aave is an open source, no-custody liquidity protocol that allows users to provision and borrow crypto assets and earn interest on those assets.
– Avalanche (@avalancheavax) October 4, 2021
Countries around the world are constantly reaching new milestones in the development of their own central bank digital currency (CBDC). China has taken the lead publication First CNY e-wallet earlier today.
Neighboring Hong Kong also stepped up its efforts and published White paper Engineering, exploring “potential architectures and design options” for CBDCs.
The paper published by the Hong Kong Monetary Authority (HKMA) entitled “e-HKD: A Technical Perspective” states that the agency’s goal is to understand the possibilities of e-HKD from a policy perspective, specifications and regulations .
After a $ 680 million financing round, NFT Markets Sorare aims to become an active player to bridge the gap between sports and digital entertainment.
Currently valued at $ 4.3 billion, Sorare notification that the company intends to use the new funds to grow its business with new employees and partnerships, as well as to support community-led programs to support disadvantaged children.
Additionally, Sorare CEO Nicolas Julia said there would be support for women’s sports too, starting with the women’s soccer team.
Circle, the company behind the world’s second-largest stablecoin USD Coin (USDC), has been subpoenaed by the US Securities and Exchange Commission.
According to the prescribed documents Submit On Circle Monday, in July, the SEC issued an “investigative subpoena” from its enforcement division requesting documents and information about certain holdings, client programs, and operations.
Circle stated that after receiving the request, it will work fully with the regulator.
South Korean Cryptocurrency Exchange, Upbit, Soon Break Services for unverified users.
On Saturday, the company officially announced a series of changes to its customer verification system to meet mandatory Korean anti-money laundering (AML) requirements.
According to the announcement, Upbit will begin this week gradually restricting services to unverified users and preventing unverified customers from transacting more than 1 million Korean won ($ 850) at a time. , from Wednesday, October 6th.
In a recent interview with FOX Business, famous billionaire investor Mark Cuban, who owns the Dallas Mavericks, claimed that many people have used Dogecoin to purchase thousands of dollars worth of Mavericks goods each month.
He also bought more top crypto memes “just for fun”.
Mark Cuban says a lot of people are paying in #dogecoin and that the Dallas Mavericks are selling thousands and thousands of dollars a month during the off-season. He anticipates these numbers will be much higher at the start of the season
– Doge Whisperer (@TDogewhisperer) October 4, 2021
News Credit Suisse
Credit Suisse is participating in the tokenization of a Swiss resort using the Ethereum blockchain.
As announced on Tuesday through a partnership with Switzerland-based crypto trading and custody company Taurus, Credit Suisse tokenized shares in extreme sports company Alaïa SA. The company owns chalets and a hotel in the Alpine region of Crans-Montana.
➡️ Further information on the press release can be found here:https://t.co/EULkLZxjAP
– Taurus (@taurus_hq) October 5, 2021
Credit Suisse works closely with the cryptocurrency exchange and the Custody Taurus to create tokens that comply with Swiss CMTA standards.
Liquid, a sidechain-based payment network operated by Bitcoin infrastructure company Blockstream, is currently facing issues with transaction processing.
Liquid’s mempool, the chamber that contains all valid transactions waiting to be confirmed by the Bitcoin network, began to fill up with outstanding transactions. According to Liquids website, the last transaction took place more than 4 hours ago.
Since the Liquid Network officials are currently unable to sign blocks, this is a rare opportunity to see a queue of transactions in the Liquid mempool https://t.co/rgWqmn6u9K pic.twitter.com/xyoFrOZaRC
– mempool (@mempool) October 4, 2021
Flare financial news
Flare Finance, the groundbreaking DeFi protocol on the EVM-compatible Flare blockchain, is expanding its network of partnerships with NFT-focused GameFi products.
According to the official announcement, the Flare Finance team has partnered with Forever Lands’ product.
Holders of the receive a discount of 20% #DelorianNFT along with a special 24-hour advance booking period!
– Flare Finance (@FlareFinance) October 4, 2021
To celebrate the beginning of their partnership, Flare Finance and Forever Lands announced an advertising campaign before launching a special pre-sale. Accordingly, Delorian NFT holders receive a 20% discount when participating in the pre-sale.
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