We assisted at a local crypto pump mainly due to the rate increase from FED. Elon Mush created a massive sell after the news that Tesla sold 75% of its bitcoins. What if they sold, liquidating assets, creating panic into the market and they bought them back at a lower price? Who is ready to bet one beer on it?
https://en.cryptonomist.ch/2022/07/29/dogecoin-380-increase-traders-thankselon-musk/
I remain dumbfounded: are people really that dense?
Do they really not understand that this maneuver is to the detriment of BTC and all altcoins?
Including Dogecoin.
https://cointelegraph.com/news/charles-schwab-s-asset-management-arm-launches-crypto-linked-etf
The overlap of traditional finance with crypto finance is inevitable.
Very good for mass-adoption, but in this case regulation is essential and it needs rigorous verification.
Santander banks is going to allow Brazilians to trade cryptocurrencies directly. May this be an anticipation of a inflation crisis for Brazil, after the huge volumes that Venezuela has been registering in cryptos into LocalBitcoin.com after the start of hyper-inflation there?
https://en.cryptonomist.ch/2022/07/29/mercedes-benz-chooses-polygon-new-platform/
After VolksWagen with its attempt with IOTA, now it’s time for Mercedes with Polygon. I honestly prefer this solution, starting using second layers of the Ethereum blockchain. More stable and I would say "more reliable" than IOTA
https://cointelegraph.com/news/coingecko-open-to-acquisition-but-now-is-too-early-co-founder-says
Kudos to COO Bobby Ong: a time of market downturn does not mean CoinGecko is over!
They have increased staff, given awards to those who deserved them, and are trying to retain good employees.
Could a company that is implementing these maneuvers ever be at the end of the line?
