Author: e_cash_top

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[ad_1] Global banking regulation standard Basel Committee’s latest report estimates the global bank exposure to crypto to be at 0.01%, as the 19 largest financial institutions hold €9.4 billion worth of crypto, which equates to 0.14% exposure. The report took the crypto asset data from 16 Group 1 banks and three Group 2 banks. Ten…

FTX will pay fair market value for Celsius, SBF says

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[ad_1] FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an Oct. 2 tweet. to be clear — in Voyager, our bids are generally determined by fair market price, no discounts; goal isn’t to make money buying…

How inflation and debased fiat currencies are pushing investors to Bitcoin

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[ad_1] Bitcoin’s reputation as a safe haven asset has long been disputed by the world of traditional finance. Its lack of centralized control, extreme price volatility, and novelty made it hard to categorize as inflation-proof or recession-proof. However, in the past year we’ve seen that in times of uncertainty, investors keep choosing Bitcoin over fiat.…

Persistent low volume could cause Bitcoin price to plummet to $12k if it falls below $17.5k

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in Uncategorized

[ad_1] Recent on-chain metrics suggest that a Bitcoin (BTC) bottom might be forming, but the chances of the flagship asset dropping below its lowest value are increasing due to weak volume. Due to current macroeconomic conditions, among other reasons, BTC has seen its value drop below $20,000 on several occasions in the past few weeks,…

Weekly MacroSlate: Central banks start to panic and pivot, all eyes are now on the fed. What does this all mean for Bitcoin?

Oct 2, 2022

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[ad_1] Macro Overview Markets unprepared for a new era The era of financial repression after the GFC that has seen rapidly inflated asset values and rate expectations of 0 has unraveled since the pandemic ended. Since the Second World War, the most significant fiscal stimulus package has contributed to supply chain failures and surges in…

Uniswap Labs rumored to be raising $100M in funding at a $1B valuation

Oct 2, 2022

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[ad_1] TechCrunch has released information stating that the parent company of the Uniswap DEX, Uniswap Labs, is preparing for a new $100 million funding round to expand its offering. “Uniswap Labs is in early stages of putting together a new round…as the parent firm of the popular eponymous decentralized protocol gears up to broaden its…

Celsius Creditors moves to recoup $439M through EquitiesFirst subpoena

Oct 2, 2022

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[ad_1] Celsius’ Committee of Unsecured Creditors has filed a motion asking the bankruptcy court to issue a subpoena to EquitiesFirst Holdings (EHF) for failing to repay approximately $439 million owed to Celsius Network. EquitiesFirst is an institutional lending platform Celsius worked with between October 2019 and February 2021 to support its business through collateralized loans.…

Theta upgrade goes live to support wTHETA as TNT20 token

Oct 1, 2022

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[ad_1] Theta Labs (THETA) successfully deployed the Theta v3.4.0 upgrade at block height 17285755, which supports wrapped THETA (wTHETA) as a TNT20 token. This upgrade was key for the launch of the Theta Metachain, which is expected to happen in December 2022. The new version allows the wTHETA to be transferred to Metamask wallets and…

Lark Davis denies ZachXBT’s accusations of profiteering from his followers by shilling low-cap tokens

Oct 1, 2022

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[ad_1] Crypto influencer Lark Davis has denied accusations of “pumping and dumping” low-cap crypto projects on his followers in a series of 19 Twitter posts published on Sept. 30. For the sales in question, I want to be clear that: 1. I disclosed that I was an investor when I initially discussed them2. I talked…

Ethereum losing ground as Solana now accounts for a quarter of total NFT volume

Oct 1, 2022

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