Game-changer week in USA, DOGE +70% and Paypal entering the crypto-space

Game-changer week in USA, DOGE +70% and Paypal entering the crypto-space

By MikeZillo | Blockchain Insights | 31 Oct 2022


Week full of important news!
Happy reading!


doge-oct29.jpeg

https://cryptonews.com/news/dogecoin-price-prediction-can-musk-twitter-takeover-pump-doge-to-100.htm

DOGE pumping +70% from the previous base price. And that’s a fact. But, is DOGE really a worthy coin, or is it just floating up and down from the news released from the crypto-maniac Elon Musk? Well, that is still not clear BUT from DOGE I like one thing: it’s a boat with no managing crew, into the Sea. Meaning, that it can become another example of decentralization.


content-coingecko-ftx-cover-media-library-original-800-419-media-library-original-800-419.jpeg

https://cryptonews.com/news/sam-bankman-fried-of-ftx-announces-plans-to-launch-stablecoin.htm

FTX is going to launch soon its Stablecoin. Aren’t we going overflood in Stables? Or are there an attempt to stop and create alternatives to CBDCs?


1*CnF_ib4_Cyp6JFbRUhfcjA.png

https://en.cryptonomist.ch/2022/10/26/paypal-conquer-crypto-world/

Paypal and Western Union are ready to enter the Crypto-space. Both of them submitted three applications for patents and brands related to the crypto-space.
Like Brian May once (more or less) sang: “Mass adoption is at a gonna-come”.


Web3 sees 15 new scam smart contracts an hour — Solidus Labs

https://cointelegraph.com/news/web3-sees-15-new-scam-smart-contracts-an-hour-solidus-labs

15 different scam smart contracts are created every our in Web3. Before making any decision or taking into consideration putting your money into a project that your friend is suggesting you look for information on the internet. Before being amused by huge numbers they are going to tell you.
1*BcBiQoOCyzjqmmi_vCSL6A.png

Source: https://www.filastrocche.it/contenuti/il-pifferaio-magico/

 

Upcoming news that I will pay a lot of attention to:
 2 November (tomorrow): FED will communicate new interest rates. We are expecting 75 base points, but the rumor still needs to be confirmed.

 8 November: half mandate elections in USA. If Biden may lose track, I expect an immediate bad reaction from markets but if Trump will be again the leader of the leading coalition, I expect different market and financial attitude.

10 November: new USA inflation data

An upcoming week full of potential surprises, so brace yourself!

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Blockchain Insights
Blockchain Insights

Working as a consultant for Blockchain projects, an operative experience comes by itself. In this Blog I am share Blockchain applications, pros and cons, practical use cases I got in touch with. Of course, a good understanding of the topic will be provided with dedicated contents

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