원문 보기
Hello everyone, and welcome back to Crypto Day! It's the same good person again, today is Wednesday, October 29th. For anyone who missed the free workshop ticket giveaway last week, Don't be discouraged just yet! We still have giveaways on our Facebook page with 9 prizes up for grabs. If you want to win tickets, go check it out!
Let's play some games! I'll post the details later. The link is below, let's check out Bitcoin today. At first, it looked like it was going to rebound. [Song] It was majestic and promising, but when it reached around 116,000, it was pushed down by selling pressure. The price is now around 11,000-12,000 dollars.
It's being pushed down as well, but it's still around that level. The support level was there, the market fluctuated up and down last night. So, it brought together many people to donate to the market, over 140,000 people, worth over $547 million. That's a lot of money coming into Bitcoin ETFs these days.
The market is recovering. Black Label has been bought for 5 consecutive days. Atelier trades are smaller but still present, totaling 169 million, which isn't bad. The market is also recovering, with gains up from 50 to 51%. Standby again, because we have a date tonight. Same as always, 1 time. Uncle Jom will go hunting in Thailand.
Okay, we're back to meet the people again. This time, 99.9% of people are predicting a 0.25% interest rate cut. Don't disappoint your grandchildren, Uncle! Okay, and keep a close eye on what he says. What am I going to do with my life from now on? The next FOMC meeting is the final one on December 10th.
If they can lower interest rates again, that would be great. Yesterday, when Uncle Trump... He told the journalist that he had visited Japan. The news is that Uncle Havel will be back in a few months. He'll be out soon, and a new person will take his place. Instead, it's basically a statement made in the form of a threat to the old man.
He said that if they don't lower interest rates, Uncle Jolm might... I'll be able to go babysit my grandchildren sooner than I thought. The issues to watch out for aren't over yet. On October 30th, there's still the forest dispute with China; we're going to go and talk to them. They're also holding a lockdown in South Korea, and the whole world is watching.
It's the same story, I think it will have a happy ending. I hope both of them can end things well. Okay, it looks like our crypto market will finally recover. We've covered the overall picture, now let's look at our crypto news. Some might be better off this time, considering the country's situation.
Japan has already started, issuing its first stablecoin, pegged to the country's yen (traditional Japanese yen), by its citizens. The company issuing the coins is a Fintech company in Tokyo called JPYC, and the stablecoin shares the same name as the company. What will be released is a 1:1 peg with cold cash, following the Stable Coin concept.
It's backed by assets starting from... From bank deposits to government bonds. In Japan, the company president, Noriyoshi Okabena, said that JPYC marks a turning point. It is considered a very important event in Japanese history. And to add, there are now 7 companies that offer it. There is interest in using this coin in systems other than...
The coin has been launched, but the company is still open. This platform is for posting and... Please officially return the coins as well. It is subject to the laws of the agency that first looks into it. This is to allow customers to transfer cash. You can deposit Stable Coins into your wallet via your bank account and then exchange them back, for example.
Similarly, the company aims to issue coins with a total value of 10 trillion yen within the next three years, and also plans to build infrastructure. Regarding finances... Something new will also be introduced to Japanese society through Stable Coin technology soon. Japan's Financial Services Authority (FSA) is also expanding.
Please review the rules that would allow the bank to hold this property. Cryptocurrency can be called the crypto industry. Japan is definitely coming on strong. What will the future hold for them? Next, let's look at Circle, the company that owns USDC, officially announcing the launch of its Layer 1 blockchain, Arc, on the Public Testnet.
They've brought in leading global companies for this project, and Arc is a collaboration with... There are over 100 leading companies that come from... Banks and financial markets such as Black Gold, Manc, Visa, and Mastercard, as stated by CEO Jeremy AL, are currently leading companies. Protocols and various projects started to come in.
The system has been built and tested on the network. These companies will be able to attract... Billions of users worldwide, and that leads to all sorts of transactions happening there. That's hundreds of trillions of dollars. This ARNIA is designed to meet the needs of... This is specifically for the financial sector.
A key feature is that it's free to use USDC, and in the future, it will support other Silver Coins as well. Transaction confirmation speed is also fast. They claim it takes less than 1 second! Oh my God! And it also has privacy features. This is what allows the user to choose. It can be turned on and off as needed, supporting various uses.
Many things, such as lending money, etc. Make cross-border payments or even use it as an exchange point. You can also change to different currencies as well. Yes, and it also connects to wallets like MetaMas and the F3 platform. These are service providers from 7 countries, such as GPYC from Japan, which we just talked about.
Brazil, Mexico, the Philippines, for example. It's also been tested on the network. And, Tang Pao will be launching on Main next year. Yes, you could say they're going all out with Circle, this blockchain. We'll find out more later... Let's see how the future turns out in the end. Just a quick update: I'm bringing my friends along to check out our old favorite.
He reiterated that large-cap stocks helped push the NASDAG index to a new all-time high, but BICIN is still about 10% below its all-time high. Furthermore, Strategy's stock has fallen over 48% from its all- time high. This means that Bitcoin's failure to reach a new all-time high along with gold or TETC stock is a signal that...
They're saying that the soap bar and Bitcoin are about to explode. Soon after, many people came out and said that... If he comes out and says something like that, counter it immediately. The Shift indicator is working now. How do you all feel about this news? Is it time for the crypto market to report some news?
Feel free to leave comments and share your perspectives. Okay, that concludes the news we've presented. Tell everyone today if I missed anything. Feel free to add your comments and supplement the discussion as usual. Okay, so don't forget to participate in the activities on Facebook. Please like and follow!
Grow up well too, so we can keep up together. Uncle Jlong is on his way today, but he's leaving now. Goodbye!
Comments 0