• Curve Finance recorded a record $7 billion in daily trading volumes on March 11, surpassing previous records.
• The USDC depeg triggered a wave of uncertainty across markets and caused the stablecoin to drop below its $1 peg.
• MakerDAO submitted an “urgent executive proposal” to limit risks to the protocol and prevent panic selling.
Curve Finance experienced all-time highs on March 11, reaching $7 billion in 24 hours of trade volume. This is the highest volume the company has ever seen in a single day of trading. As of March 13, Curve Finance’s daily volumes were around $2.4 billion, making it second only to Uniswap among DEXes.
The sudden depegging of USD Coin (USDC) from the US dollar resulted in fear, uncertainty and doubt (FUD) across cryptocurrency markets over the last few hours. With a market capitalization of over $42 billion as of Jan 31, USDC was the second-largest stablecoin prior to its depegging and was used as collateral in multiple stablecoin ecosystems. Other stablecoins such as MakerDAO-issued DAI have since recovered from this event but MakerDAO proposed an executive proposal to limit risks associated with panic selling.
As USDC bulls become active after its depegging from the US dollar, its price valuation increased by 4.5% at the time of writing and its market cap grew by 4%. Upholding at around $0.99 per coin, it struggles to hold back up against its original peg value – however Circle announced new minting capabilities which could help curb this trend moving forward..
The collapse of Silicon Valley Bank (SVB) had a direct effect on several different stablecoin ecosystems due to their use of USDC as collateral or reserve asset holdings – most notably MakerDAO which holds 3.1 billion USD worth of reserves in USDC alone and has since implemented risk mitigating protocols to avoid panic selling within their protocol.. Along with this, imbalanced pools due to sell-off have been observed within Curve liquidity pools which can be attributed directly to this event too – though these pools have been recovering since then too..
In conclusion, although there are still some uncertainties surrounding USDC after its depeg from the Dollar – it appears that many different platforms are taking proactive steps towards mitigating any potential risks associated with it’s sudden price movements; allowing for smoother navigations through what could have been very turbulent waters for many individuals & organizations who rely heavily upon various aspects within these ecosystems..
• BLUR is an innovative NFT marketplace built on the Ethereum blockchain that has recently taken the crypto world by storm.
• The platform’s token, BLUR, has plunged 99% from its all-time high due to the booming success of Opensea and other competitors.
• Blur’s point-based distribution approach incentivizes users to fill their liquidity pool orderbook through airdrops, resulting in increased adoption and market share.
BLUR is an non-fungible token (NFT) marketplace built on the Ethereum (ETH) blockchain that’s been taking the crypto world by storm lately. Founded by Tieshun Requerre, an MIT graduate, it offers a game-changing feature: the ability to buy multiple NFTs from different marketplaces in one fell swoop.
The excitement surrounding Blur’s ascent is palpable, but so is the rapid decline of its price, which has plummeted over 18% in the last seven days as of Mar. 6 and now trades at a mere $0.69 – a 98% decrease from its all-time high of $45.98. This can be attributed to competition from Opensea with a jaw-dropping valuation of $13 billion and other competitors entering into the market such as Delphi Digital and DappRadar who have reported impressive trading volumes on Blur despite its current price action.
Blur works via a point system that rewards users for filling their liquidity pool orderbook with each order assigned a “risk” score which rewards higher bids & lower asks via airdrops. This incentivizes liquidity to fill Blur’s liquidity pool orderbooks resulting in increased adoption and market share over competitors like OpenSea who only clocked in at $364 million worth of trading volume during the same period as compared to Blur’s whopping $1.58 billion according to DappRadar data up until March 6th 2023..
The main benefit from using BLUR compared to other traditional NFT markets is its accessibility when purchasing multiple NFTs from different sources in one fell swoop allowing for seamless transactions regardless of where you choose to purchase your tokens from which makes it easier for users looking for specific types of tokens or projects that may not be offered on one single marketplace alone.. It also allows users more control over their finances since they can easily add or remove funds without fear of losing out on potential profits due to fluctuating prices across different marketplaces since they can purchase multiple tokens at once while maintaining their desired budget/investment strategy without having any extra fees associated with switching between platforms or accounts..
In conclusion, BLUR has quickly become one of the most popular non-fungible token (NFT) markets due to its unique features such as allowing users access multiple NFTs simultaneously while saving costs associated with switching between platforms or accounts amongst others giving them greater control over their investments and ensuring better returns given how volatile cryptocurrency markets tend towards being.. Although there are still some kinks that need ironing out such as regulatory compliance issues related specifically within Europe given how little experience most governments have with decentralized systems still overall things seem quite promising for this project given past performances despite recent stock plunges so keep your eyes peeled for further announcements!
On Feb. 23, Circle, a financial technology company, reported an increase in the circulation of their stablecoin, USDC. The demand for this cryptocurrency has significantly increased due to the BUSD incident, resulting in a net circulation increase of $600 million over the past seven days. This indicates that more people and organizations are embracing digital currencies for conducting financial transactions.
The amount of USDC stablecoin in circulation has grown to $600 million. This represents an impressive growth rate as it is 700% higher than what it was a year ago. Moreover, its overall circulation is now at $25 billion. These figures demonstrate how popular this digital currency has become among traders and investors who seek stability in their digital assets investments.
• The Hong Kong Securities and Futures Commission (SFC) is holding discussions over a proposal to allow retail investors to invest in cryptocurrency.
• The SFC has launched a consultation paper outlining the potential risks and benefits of allowing retail crypto investments.
• Interactive Brokers, a major electronic trading platform in the US, recently unveiled its plan to broaden its crypto offerings in Asian markets.
The Hong Kong Securities and Futures Commission (SFC) is consulting on whether to open retail investors to invest in crypto assets. The SFC has published a consultation paper that outlines the potential risks and benefits of this move. In addition, before June 1, all operating crypto trading platforms must be licensed by the SFC or else they will need to terminate their Hong Kong business operations.
Under the proposed plan, individual investors would have the opportunity to trade more prominent cryptocurrencies on exchanges licensed by the SFC, subject to certain conditions. These digital currencies must be included in at least two acceptable, investible indexes from independent providers, one of which should possess experience in the traditional financial sector.
The consultation period concerning these proposed measures will remain open until Mar 31. Additionally, the SFC is requesting input on what additional measures need to be put in place so as to safeguard interests of individual investors.
Interactive Brokers, a major electronic trading platform in the US, recently announced its plan for expanding its crypto offerings into Asian markets just prior to this announcement from SFC .
The regulatory move by Hong Kong’s autonomous government is aimed at promoting healthy development of cryptocurrency industry while protecting investors from potential risks involved with investing in digital assets. It remains yet unclear how much impact these initiatives will have on wider adoption of crypto assets globally .
• USDC stablecoin saw a frenzy of activity on Feb. 10, 2023 with many billions worth of tokens burned and minted resulting in an increase in supply of $148 million.
• Coinbase played a key role in the activity burning and minting billions of tokens again within hours.
• The exchange withdrew $56 million more from Circle than it deposited that day as part of their campaign to encourage users to switch from Tether (USDT) to USDC.
The USD Coin (USDC) stablecoin has seen a frenzy of activity on Feb. 10, 2023, with many billions worth of the stablecoin burned and minted on the Ethereum (ETH) blockchain for an increase in USDC supply on the blockchain of $148 million.
Coinbase — a major United States-based publicly-traded cryptocurrency exchange — has seemingly played a key role in the inexplicable activity burning and minting billions of tokens again within hours. This one institution alone received a total of $4.731 billion worth of USDC — more than was minted on the ethereum blockchain on that day. Furthermore, Coinbase also deposited to its Circle deposit address $4.675 billion — more than was burnt on that day — in 29 transactions on Feb. 10, 2023 and overall withdrew $56 million more from Circle than it deposited that day.
This report follows Coinbase launching a campaign to encourage users to switch from Tether (USDT) to USDC by waiving all conversion fees. In its campaign announcement, Coinbase described USDC as the “most widely used stablecoin” and encouraged customers to use it instead due to its low transaction fees and fast transaction speeds compared to other cryptocurrencies such as Bitcoin (BTC).
Despite partial data available, blockchain data shows that the value of USDC tokens on the Ethereum blockchain was altered significantly by Circle with the burning of $4,286 billion and the minting of $4.434 billion — for an increase in supply of $148 million on Feb 10th, 2023 . It is possible to conclude that the overall supply likely did not fluctuate more than usual based on data from top crypto data provider CoinMarketCap which shows that USDC’s market cap increased from a mid-day low before falling back down slightly later in the day .
The USD Coin (USDC) stablecoin has seen much activity recently following Coinbase’s encouraging users to switch from Tether(USDT) by waiving all conversion fees due its low transaction fees and fast transaction speeds compared to other cryptocurrencies like Bitcoin(BTC). Despite partial data available regarding burning/minting activities ,the overall supply likely did not fluctuate more than usual based off data provided by top crypto provider CoinMarketCap which showed slight changes throughout the day due likely fluctuations in value currently priced at 0$.9999
• Marathon Digital Holdings recently sold 3,000 bitcoin to raise capital for growth and expansion initiatives.
• The company has issued a statement clarifying that the sale was not a result of financial distress.
• CEO Frank Ippo stated that the funds from the sale would be used to expand its mining operations, purchase additional mining hardware, and invest in research and development initiatives.
Marathon Digital Holdings is a leading bitcoin mining company headquartered in Florida. The company has invested in state-of-the-art mining hardware and infrastructure to advance the development of the cryptocurrency industry. In January 2023, Marathon Digital Holdings sold 3,000 bitcoin, worth approximately $120 million at the time of sale. This event sparked speculation in the market since it was the first time that Marathon Digital Holdings had sold bitcoin since 2019.
Marathon Digital Holdings has clarified that their recent sale of 3,000 bitcoin was not a result of financial distress but a strategic move to raise capital for growth initiatives. According to CEO Frank Ippo, the company is in a strong financial position and will continue to invest in advancing the development of cryptocurrency mining industry.
The funds raised from selling 3,000 bitcoin will be used by Marathon Digital Holdings to expand its mining operations, purchase additional mining hardware, and invest in research & development initiatives. This move will allow them to stay competitive within the cryptocurrency industry while continuing their mission of advancing its development.
Marathon Digital Holdings’ recent sale of 3,000 bitcoin was not a result of financial distress but rather a strategic move to raise capital for future growth initiatives. The funds raised from this event will help them stay competitive within the cryptocurrency industry while allowing them to focus on their mission of advancing its development.
• Gains Network, a decentralized exchange (DEX), has experienced extraordinary growth in a short time, hitting over $1.5 billion in volume on the Arbitrum blockchain around a month after its launch.
• The exchange allows users to trade financial derivatives of different assets, including tokens, U.S. stocks, and indexes, by pairing user trades with smart contracts.
• In the preceding 24 hours, users completed trading activity totaling over $220 million.
Gains Network, a decentralized exchange (DEX), has seen tremendous success in its short run, hitting over $1.5 billion in volume on the Arbitrum blockchain just a month after its launch. This growth has been largely attributed to the trading activities of users on Polygon, where the network was first introduced.
Gains Network provides users with the opportunity to trade financial derivatives of different assets, including tokens, U.S. stocks, and indexes, by pairing user trades with smart contracts. This allows global traders to trade U.S.-listed commodities without relying on banks or having to go through the rigorous Know Your Customer (KYC) procedure.
The trading activity on Arbitrum has been extremely successful, with over $25 billion in transaction volume taking place without the assistance of any third parties. This success has been beneficial to the network’s native GNS token, which has seen increased liquidity due to the trading activity. In the past 24 hours, users have completed trading activities totaling over $220 million. Of that amount, $120 million was from cryptocurrency futures and $70 million from instruments tracking foreign exchange (forex).
To further incentivize users, Gains Network recently launched a trading competition offering traders $1 million in rewards. This competition has seen a huge response, with over 4,000 traders participating, generating over $400 million in trading volume.
Overall, Gains Network has seen tremendous success in just a short period of time, and with its user-friendly platform, it is likely to continue to experience growth and success in the future.
• Elon Musk, CEO of Tesla and a proponent of the cryptocurrency Dogecoin, recently offered to eat a happy meal live on television if McDonald’s accepted Dogecoin as payment.
• Twitter users have responded to the tweet in various ways, with some expressing hope that the quick-service restaurant company would rethink its decision to stop taking Dogecoin.
• Musk indicated that he would be prepared to consume a happy meal on television if McDonald’s accepted Dogecoin as a form of payment.
Elon Musk, the CEO of Tesla and a proponent of the increasingly popular cryptocurrency Dogecoin, recently made headlines with a bold offer. The tech mogul took to Twitter to suggest that he would be willing to eat a happy meal live on television if McDonald’s accepted Dogecoin as a form of payment.
The offer prompted McDonald’s, the world’s largest fast-food chain, to inquire on Twitter about what they had missed, to which Tesla’s CEO responded with a hint about the possibility. When “DogeDesigner” of UX/UI and graphic designer at Dogecoin questioned whether Musk’s first offer to McDonald’s on adopting Dogecoin was still open, the multibillionaire responded with a ‘100’ emoji.
Twitter users have responded to the tweet in various ways, with some expressing hope that the quick-service restaurant company would rethink its decision to stop taking Dogecoin. Some users even volunteered to pay for Musk’s meal with Dogecoin if McDonald’s accepted it.
Musk has been a vocal proponent of the cryptocurrency as he has been frequently tweeting about it and encouraging others to invest. He indicated that he would be prepared to consume a happy meal on television if McDonald’s accepted Dogecoin as a form of payment. The restaurant company provides a meal package for children called a “happy meal,” which consists of a primary dish, an optional side dish, and a beverage.
The offer has generated a lot of excitement and anticipation as to whether McDonald’s would take up Musk on his offer and accept Dogecoin as a form of payment. While it remains to be seen if McDonald’s will accept the offer, it is clear that Musk is doing his part to push for the increased adoption of the cryptocurrency.
The cryptocurrency market is gaining momentum all over the world following the financial crisis that hit the world. Numerous studies have shown that cryptocurrency trading is to be real and profitable. Many business and financial professionals are embracing cryptocurrency trading due to its popularity and the likelihood of making money. Digital markets can be seen to be thriving and full of activity into trading in crypto where everyone is cautious about putting their money into to the test to see if they can make it work.
Based on the study of cryptocurrency trading, the ignorance and accessibility has been a major barrier between investors and markets. Bitcoin Cycle came into existence with the idea that access should be easy and accessible. Additionally, the user interface of the software allows beginners to earn huge profits by the minimum amount of $250.
Bitcoin Cycle is an emerging platform that helps investors, regardless of their skill levels , and at the exact at the same time, it permits users to earn huge amounts of money by investing a tiny amount. A variety of platforms have been examined to establish that the legitimacy of crypto trading and make it accessible and user-friendly, but Bitcoin Cycle’s simple interface and transparency of its information say the whole truth.
The global financial technologist has conducted research and laid hands on experimenting to see if the bitcoin trading process is profitable or not. According to the study, Bitcoin Cycle has gained lots of people’s attention and admiration in terms of profit.
The process that operates Bitcoin Cycle Bitcoin Cycle is based on the data-driven and competitive market insight charts that aid trader evaluate daily activities within the trading community. The FinTech algorithm used in this application allows the user to be completely stress-free. On behalf on behalf of the broker, the trade bot is controlled to make profits and notify the trader when it is time to pay attention.
The software is fully automated and gives traders with a simple way of making profits with no involvement. It is claimed that traders can make a minimum income of $1000 per day. there are no limitations. The user is able to set an amount of trades they want to trade each day.
It can be unpredictable and costly for investors, if it is not conducted on an authenticated platform. Many investors are faced with constant losses every day that demotivate and pull people away from the notion of investing in trading with crypto. Because cryptocurrency trading is an uncentralized process which gives the possibility to traders to make huge returns based on the fluctuations of the currency. It is important to note that a legitimate platform is the best choice to place your money to.
Bitcoin Cycle claims to be the most secure and safe software that is not able to reveal any personal credentials of a trader. Moreover, the server is protected by an SSL certificate.
A trader may profit from this application without having access to the site, as the tradebot will manage the trading process and provide precise market view to analyze the profits earned.
The advancement of technology is becoming a major factor in markets. The system of digital earnings and trading is dependent on the robotic interface. Your investments are evaluated and controlled by trading bots. Bitcoin Cycle provides the prospect of high profit. The trading decisions are thought to be the primary reason for successes and failures, but with the computerized software of Bitcoin Cycle, it features an interface that can be automatically activated to take action on behalf of the trader and provides Realtime market analysis needed to achieve the highest profits without involvement from a human.
The artificial intelligence will activate after depositing a minimum amount of $250, which will serve as the capital for trade of the account owner. The earning is determined by the amount of investing and pre-enabled parameters that define the limits of earning.
Crypto trading is based on trading low-cost assets at higher prices. The movements of the assets is predicted by the time-switch feature of this application, which result in huge profits, while at the same time , the bitcoin cycles continue to run at a steady rate.
Because Bitcoin Cycle is a recognized software It has been analyzed and ranked according to its advantages and features that offer Realtime and accurate trading.
With the time leap feature and VPS feature that allows traders to trade with no technical hurdle. The software runs at an extremely fast tempo and it is able to continue working even when your device is disconnected. With this in mind the speed of succession is another interesting aspect of the software that prevents losses during trade. Bitcoin Cycle ensures the earned profits are credited to the trading account of the trader at first time. The trader is guaranteed to receive the money without commission fees.
The accuracy of market information and predictions is what’s required to ensure an effective trade. Bitcoin Cycle strives to provide both simultaneously so that the trade can be highly profitable. When trading is in progress numerous customers raise their hands in questions, and to avoid any kind of disruption, Bitcoin Cycle has enabled 24/7 live assistance.
Bitcoin Cycle provides an encrypted server that can execute trade transactions, so that third-party influencers can’t interfere with their scams. Security is the primary expectation of any person whom he’s entrusted his money.
Bitcoin Cycle offers trade in different assets like Bitcoin, Monero, Ethereum, Bat and IOTA. However their trusted brokers provide the stock exchange for diverse asset classes. For instance, Forex pairs like EUR/USD Commodities such as Gold stocks such as Facebook or Tesla.
Bitcoin Cycle might be feasible choice for those who are new to the platform due to its user-friendly interface and easy registration process helps it distinct among other online platforms.
Registering for a membership with Bitcoin Cycle is super easy and simple. Registration forms is accessible by going to their official web site Bitcoin Cycle. After filling in the basic details (Name/Phone/Email). Click on Start and the broker panel will be displayed.
Brokers who are affiliates of the bitcoin cycle are well-known and trusted across the world. Broker connection panels connect the trader with its broker. It is an approved one that can aid in the future cryptocurrency trading. It will allow users to stay clear of fraudulent bots, like the ones that other platforms offer to trick traders. Broker panel indicates to that the trader should choose the demo trade prior to going into the actual trade to see how the process works. Demo trades are not mandatory, it is a good idea.
The procedure requires the user to put an amount of at least $250 in the account to be eligible for Live session. The money will later serve as the capital of an individual trader.
After completing the registration and fund-raising process The user will then be taken into the live trading session, where trades actually take place. New users can switch off the automatic mode to avoid any loss. It is recommended to watch and become familiar with the features of live trading prior to changing it into manual mode.
Trustworthiness:Bitcoin Cycle is recognized by the US Trading Association, to confirm that legitimacy of the recognition, however in the same way, the user interface and services offered by this application make it the most popular choice of users.
The Financial Independence:If you want to increase the income in your lifestyle, Bitcoin Cycle will provide an unbeatable opportunity to earn enormous profits with in a minimum of $250.
user experience:According those who use the bitcoin cycle, they earn huge amounts of money on a every day basis. The research proved Bitcoin Cycle a profitable and legitimate platform.
Merkmale und Dienstleistungen von Bitcode Ai
Bitcode Ai begann als Ein-Mann-Betrieb. Im Jahr 2020 verfügte das Edelmetallunternehmen über Niederlassungen in den USA sowie in Kanada, dem Vereinigten Königreich und Dubai. Vor kurzem expandierte das Unternehmen auch nach Australien.
Das amerikanische Büro bietet folgende Dienstleistungen an:
Gold-RRSP-Konten in Kanada
Hauszustellung von Metallen
Gold SIPP- und SASS-Konten im Vereinigten Königreich
Internationale Kunden über die Niederlassung in Dubai
Heute kann Bitcode Ai Edelmetalle und Kryptowährungen für Kunden in fast allen entwickelten Ländern der Welt liefern und lagern. Sein Krypto-IRA erlaubt es Kunden, digitale Vermögenswerte wie Ethereum, Bitcoin, Litecoin oder andere “alternative Vermögenswerte” zu halten.
Bitcode Ai bietet die größte Auswahl an Kryptowährungen, die für IRA-Konten verfügbar sind. Das Unternehmen macht auch die Sicherheit zur obersten Priorität. Sie haben hart gearbeitet, um sicherzustellen, dass sich ihr Krypto-IRA als das hackersicherste Produkt auf dem Markt erweist.
Alle Vermögenswerte sind vollständig versichert. Sie werden kühl gelagert, um die höchsten Sicherheitsstandards zu garantieren. Kein anderes Krypto-IRA auf dem Markt bietet heute ein so hohes Maß an Auswahl und Sicherheit.
Wenn Sie ein Konto bei Bitcode Ai eröffnen, zahlen Sie eine jährliche Tresorlagergebühr von $125 sowie eine jährliche Verwaltungsgebühr von $90. Während des ersten Jahres bei Bitcode Ai fallen keine Einrichtungs- oder Verwaltungsgebühren an.
Natürlich sind dies nur geringfügige Nachteile, wenn man die vielen Vorteile bedenkt, die mit der Nutzung von Bitcode Ai verbunden sind. Hinzu kommt, dass Probleme wie die Volatilität von Kryptowährungen nicht explizit mit einem Unternehmen oder einer Marke verbunden sind.
Nichtsdestotrotz müssen Sie dieses Risiko sorgfältig abwägen, und Bitcode Ai hilft Ihnen, dies mit ihrem robusten Fokus auf Bildung zu tun.
Bitcode Ai Crypto IRA Review: Die Quintessenz
Eine wachsende Zahl von Kunden wendet sich weiterhin an Bitcode Ai für ihre Investitionsbedürfnisse und das aus gutem Grund. Das Unternehmen hat sich mit seinen Edelmetall-IRAs einen hervorragenden Ruf erworben. Jetzt hat es diese Lektionen auf den Umgang mit Krypto-IRAs angewandt, wie wir in dieser Bitcode Ai Krypto-IRA-Überprüfung dargelegt haben.
Zu den vielen Vorteilen eines Kontos bei Bitcode Ai gehört die Nutzung der aggressiven, wettbewerbsfähigen Gebührenstrukturen. Sie können auch sicher sein, dass die Finanzberater des Unternehmens die extra Meile für Sie gehen werden. Bitcode Ai zeichnet sich durch hervorragende Kundenrezensionen und sehr wenige Beschwerden aus.
Sind Sie bereit, mehr über andere Möglichkeiten zu erfahren, in Kryptowährungen zu investieren? Wenn ja, dann haben wir etwas für Sie. Entdecken Sie die große Vielfalt der heute verfügbaren Kryptowährungen.
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