Digital Assets Report 50

Novi said the aim of the payment system is to help millions of people who cannot access global financial systems.

After Mastercard bought CipherTrace in September, American Express and Visa are throwing their weight behind TRM.

Crypto exchange Coinbase has announced that eligible customers in over 70 countries can now earn yield with DeFi.

Polygon has acquired Ethereum scaling startup Mir Protocol for $400 million. Mir utilizes zero-knowledge proof (ZK-proof) technology.

After years of dabbling in the crypto and the NFT space, game industry giant Ubisoft is taking things to the next level.

Hashed, a crypto venture capital firm based in South Korea, has launched a new $200 million fund to invest in Web3 startups.

The wealth fund is no longer skeptical about crypto, and is investing in blockchain and other related technologies, CEO Khaldoon Al Mubarak said.

Fidelity Digital Assets is partnering with crypto lender BlockFi for the new business angle.

SushiSwap, the decentralized cryptocurrency exchange that started with a scandal, is facing a crossroads as infighting among developers has investors seeking to reorganize the supposed autonomous organization.

Notably, Crypto Life cardholders will be able to open a line of credit using cryptocurrency as collateral.

BitcoinThe low from the crash earlier this month is still in place and although it ispossible that we have already completed the wave ii, until we close above $50′796 on an hourly basis, we will allow for another sell off from currentlevels. Would look to buy around the bottom of the channel and…

* Low confidence in Bitcoin prices as year end approaches * Perpetual Futures Funding Rates have declined as derivatives traders are more cautious * Average Social Sentiment is at a 30d low * Bitcoin Whales have reduced their positions by $1.86bn in the last week BitcoinWeekly Price Action…

Bitcoin bulls attempt to hold the $50k price level as strong demand pulls coins out of exchanges. However, network profitability suggests this may be the bull/bear line in the sand.

Dear subscribers, Welcome to The Bitcoin Forecast #42. Top level summary for 12th Dec 2021 (current price $50.5k): Macro structure: HODLer buying has soften recently with this month’s price pull back, however long term holders remain in a region of peak accumulation. Structurally we are still in a b…

Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.

Goldman Sachs, HSBC, Société Générale, and China’s biggest state-owned banks are part of the project.

The CEOs of Circle, FTX, Bitfury, Paxos, Stellar Development Foundation and Coinbase’s U.S. subsidiary told U.S. lawmakers about the challenges their companies faced as both stablecoin issuers and digital asset exchanges.

As many as 50 million customers of German savings banks could be reportedly offered cryptocurrency trading services next year.

Notes from the field, from internet past ☎️ to internet present 📱