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FTX 10X INCREASE REVENUE⚡️CRYPTO MARKETS MOOD⚡️CBDC COMBAT FOR DOMINANCE⚡️DAILY CRYPTO NEWS
⭕️ Hello and welcome to ?DAILY CRYPTO NEWS?, a daily cryptocurrency news channel .We consider the most important and interesting news of the crypto world, which will be of interest to both beginners and experienced investors.:
?Please LIKE, COMMENT, and SUBSCRIBE for more!?
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⛔️ DISCLAIMER: The information in this video is provided for educational and entertainment purposes only. Any financial and investment risks you take only on yourself. For investment advice, seek advice from financial/investment advisor(s) and conduct your own due diligence.
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⭕️Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
⭕️Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL,
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FTX Increased Revenue By 1,000% in 2021 —And 2022 Looks Even Better. In 2022, the company has continued its hot streak despite the bear market that brought several cryptocurrency exchanges to shut down. During the first quarter of the year, it made over $270 million in profit and is on its path to accumulating over $1.1 billion in revenue. FTX is discussing the purchase of Bithumb, a Korean cryptocurrency exchange, and reached an agreement with BlockFi, to buy it for $240 million. FTX has acquired various companies, such as Bitvo, a Canadian trading platform, and Embed Financial Technologies, to boost its growth in the market.
Crypto Markets About to Close Worst Week Since June’s Crash . Bitcoin, for instance, was riding high last weekend when it jumped above $25,000 on two separate occasions to mark new multi-month peaks. Bitcoin attempted a brief recovery but was stopped at $24,400 and dumped by another grand in the following hours. More pain came a few days later when BTC slumped to $21,500 ETH was among the best performers until last weekend. ETH had skyrocketed to over $2,050, which became a 74-day high. Ripple, Cardano, Solana, Dogecoin, Polkadot, Shiba Inu, Avalanche, and Tron are also in the red from larger-cap alts.
CBDC Could Combat Market Dominance From BigTech: ECB. CBDCs are now being explored by central banks worldwide. They’ve so far been launched in two countries: the Bahamas and in Nigeria The report contextualizes their growth, and potential for adoption, within the larger phenomenon of a rapidly digitizing world and economy. Report proposes CBDCs as a tool that can ensure the continued practical use of public money in the economy. It could reduce the cost of payments, resolve frictions in financial intermediation, and improve the central bank’s ability to serve as a lender of last resort. Former Federal Reserve Chairman Ben Bernanke claimed Bitcoin had already failed as an alternative money.
?Please LIKE, COMMENT, and SUBSCRIBE for more!?
=============================
⛔️ DISCLAIMER: The information in this video is provided for educational and entertainment purposes only. Any financial and investment risks you take only on yourself. For investment advice, seek advice from financial/investment advisor(s) and conduct your own due diligence.
=============================
⭕️Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
⭕️Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL,
❌crypto,crypto news,crypto news today,DAILY CRYPTO NEWS,сrypto news from daily crypto news,сrypto news from,daily crypto news,binance seeks to strengthen,binance,bitcoin,binance exchange,ethereum,bitcoin news,binance seeks,cryptocurrency,binance seeks to,btc,xrp,terra luna,european union cbdc testing,cbdc,eth,cbdc testing,cbdc crypto,eth price,european union,cnbc,cardano,stock market,bitcoin price prediction,stocks,dogecoin news today,altcoin,xrp news
=============================
SUBSCRIBE TO OUR OTHER CHANNELS:
? Twitter: https://twitter.com/DCNmediaUS
? Instagram: https://www.instagram.com/dcn.media/
? Pinterest: https://www.pinterest.com/DCNmedia/
=============================
FTX Increased Revenue By 1,000% in 2021 —And 2022 Looks Even Better. In 2022, the company has continued its hot streak despite the bear market that brought several cryptocurrency exchanges to shut down. During the first quarter of the year, it made over $270 million in profit and is on its path to accumulating over $1.1 billion in revenue. FTX is discussing the purchase of Bithumb, a Korean cryptocurrency exchange, and reached an agreement with BlockFi, to buy it for $240 million. FTX has acquired various companies, such as Bitvo, a Canadian trading platform, and Embed Financial Technologies, to boost its growth in the market.
Crypto Markets About to Close Worst Week Since June’s Crash . Bitcoin, for instance, was riding high last weekend when it jumped above $25,000 on two separate occasions to mark new multi-month peaks. Bitcoin attempted a brief recovery but was stopped at $24,400 and dumped by another grand in the following hours. More pain came a few days later when BTC slumped to $21,500 ETH was among the best performers until last weekend. ETH had skyrocketed to over $2,050, which became a 74-day high. Ripple, Cardano, Solana, Dogecoin, Polkadot, Shiba Inu, Avalanche, and Tron are also in the red from larger-cap alts.
CBDC Could Combat Market Dominance From BigTech: ECB. CBDCs are now being explored by central banks worldwide. They’ve so far been launched in two countries: the Bahamas and in Nigeria The report contextualizes their growth, and potential for adoption, within the larger phenomenon of a rapidly digitizing world and economy. Report proposes CBDCs as a tool that can ensure the continued practical use of public money in the economy. It could reduce the cost of payments, resolve frictions in financial intermediation, and improve the central bank’s ability to serve as a lender of last resort. Former Federal Reserve Chairman Ben Bernanke claimed Bitcoin had already failed as an alternative money.
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UK YouTuber KSI’s $2.8 Million LUNA Investment is Virtually Worthless. On Tuesday, when LUNA was still trading between $25 and $30, KSI revealed that he bought in on the dip and intended to hold it for a long time. He said he purchased 100,000 LUNA, worth around $2.9 million at the time. Less than 48 hours later, the rapper tweeted that he had lost nearly all his investment. KSI revealed that he had been solely focused on making tons of money before crypto became as popular as it is today. He realized that in his pursuit of money, he had neglected and somewhat destroyed the things that mattered the most. After recounting his losses, the rapper seemed rather optimistic.
TCG World Partners With Shark Tank-Backed JPiC to Co-host The Metaverse Expo 2022, Las Vegas. The Metaverse Expo 2022 is a 3-day event held at the Las Vegas Convention Center on 8th – 10th July 2022 that will bring together entrepreneurs, industry experts and crypto enthusiasts in the Metaverse, Gaming and NFT Space. The event is taking place over three days in the renowned Las Vegas convention center and also includes on stage panel discussions, live performances, virtual land giveaways and a chance to network with a range of high value industry professionals. Exhibitors can choose from three different sized booth packages, Diamond (30’x30‘), Platinum (20‘x20’) and Gold (10×10) which also includes 20 free tickets for the team and a speaking slot.
Crypto Price Analysis May-13: Ethereum, Ripple, Cardano, Solana, and Shiba Inu. ETH has recovered above $2,000 and has found good support at $1,900. ETH lost 22% in the past seven days, with the largest selling volume taking place on Thursday. There are signs of optimism that the spike in volume yesterday may indicate a possible reversal in the downtrend. XRP took a nosedive yesterday to a level not seen since February 2021 at $0.336 (Binance) The selloff was sharp, and since then, XRP’s price has recovered to some extent. Overall, it lost 25% in the past seven days. ADA performed the worst in the past seven days, losing 28% of its valuation. Yesterday, its price fell to $0.40 (Binance), where it found support, and now it sits just under the key resistance. The volume spiked yesterday but now seems to decrease, which should lower volatility.
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Binance Suspends Spot LUNA, UST Trading as CZ Outlines Disappointment With Terra’s Actions. TerraForm Labs CEO says he was “very disappointed” with how the team handled the situation. LUNA's supply of LUNA has skyrocketed to over 6.5 trillion as of now from 350 million on May 9. The world’s largest crypto exchange suspended LUNA and UST spot trading shortly after doing so to the LUNA coin-margined perpetual contracts. The latter, being an algorithmic stablecoin, essentially allowed users to profit by arbitraging it against LUNA ever since it started to de-peg from the USD.
Elon Musk Explained Why His Twitter Acquisition Is on Hold. Elon Musk informed that his acquisition of Twitter had been delayed because of issues related to fake accounts and scams on the popular social medial platform. Musk updated on May 13 that the deal has been put “temporarily on hold pending details supporting” this claim. His buyout offer, worth approximately $44 billion, was accepted in late April. Peter Schiff, one of the most vocal BTC critics, was quick to comment on Musk’s post, suggesting that the billionaire never actually intended to buy Twitter.
FTX’s Sam Bankman-Fried Buys 7.6% Stake in Robinhood, HOOD Surges 23%. Bankman-Fried bought a stake in Robinhood because he regards it as an “attractive investment. Robinhood, through its communications team, echoed this statement in a tweet. Robinhood decided to dabble in crypto trading in 2018. Thereafter, the firm’s revenue shot up to $1.8 billion in 2021, from $278 million in 2019. Funded accounts also increased from 5 million to 22 million.
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GAM Denies Romours About Terra Negotiation Bailout Plan (Updated). Swiss asset manager GAM Holding AG said it is “expected” to invest between $2 billion and $3 billion to “absorb excess supply of UST during its current selloff,” which should revive the UST peg to the US dollar. LUNA traded above $80 a week ago, but it now sits at $0.000055 as of writing these lines. Many exchanges have halted trading, and Terra announced (another) blockchain stoppage hours ago.
Drunk Robots Partners With YGG SEA and Boosts the Arena Prize to 5M METAL. Drunk Robots features a PvP leaderboard, with the results drawn up at the end of each season. The seasonal prize will increase to 5,000,000 $METAL, or over $50k. Drunk Robots is a play-to-earn game on the binance smart chain. Players have a mission to survive and seize the city overrun by the drunk, junky robots whose only interests are metal beer and violence.
Green Market Watch: Bitcoin Rebounds $5K, Cardano and Polkadot Recover 25%. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. BTC firstly dumped by $4,000 in hours before sliding below $34,000 just a few days later. BTC has retraced slightly but still stands above the coveted $30,000 mark. ETH now stands well above $2,000 after a 7% daily increase. Binance Coin dumped hard but now trades around $300 following a 17% increase. Cardano, Polkadot, Avalanche, and Shiba Inu have painted even more impressive daily gains. Terra is down by another 99% in the past 24 hours and now stands below $0.0004.
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Russian Crypto Miner Considers Suing US Authorities for Imposed Sanctions. The Treasury Department announced sanctions against BitRiver, prohibiting it from having business relations with US citizens. BitRiver argued that it is a 100% private company with no affiliated interest with the Russian government. The Russian mining giant called the action by US authorities “irresponsible. IMF warned that Russia could use cryptocurrencies to boost their mining industry to evade sanctions. Binance CEO CZ said in an interview last month that nobody smart would choose to do that because it is too traceable.
Nomura Launches Over-the-Counter Bitcoin Derivatives. Nomura's over-the-counter bitcoin futures and options will be available to institutional clients. They will be non-deliverable and have to be settled in cash. Nomura to launch more derivatives related to bitcoin. Demand from institutional and private investors for such services has been growing. Nomura expects the sector to mature over time and become more regulated. Nomura became the first crypto custody bank through a new venture called Komainu in May 2018. It partnered with crypto security and infrastructure solution provider Ledger and bitcoin-specialist investment manager Global Advisors. The move was expected to unlock institutional investors’ interest in digital assets.
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