EddieJayonCrypto
15 Nov 23
There are a lot of international moves for US-based traditional financial institutions. Here is what is on my mind today1. Bitcoin faced selling pressure and, in turn, has dropped into the $35K range. When I look at this all I see is an opportunity to DCA and even add a little more from my dry powde...
There are a lot of international moves for US-based traditional financial institutions. Here is what is on my mind today1. Bitcoin faced selling pressure and, in turn, has dropped into the $35K range. When I look at this all I see is an opportunity to DCA and even add a little more from my dry powder. Some of you may be thinking why would I do that. It is because I think we are still seeing numbers that we will never see again in the coming future. 2. Standard Chartered is making headlines again. This time over its new Libeara platform, now a standalone entity born from SC Ventures' innovative wing. Based in Singapore, Libeara focuses on asset tokenization. The platform was a finalist in the Monetary Authority of Singapore’s Global Retail CBDC Challenge. The platform has already been leveraged by the governments of Hong Kong, Ghana and the Philippines. I think Standard Chartered has chosen the right financial hub for their growth and advancement. 3. Disney has chosen Dapper Labs, the creators of Top Shot for the NBA, for their latest NFT venture. This means I expect their blockchain Flow to explode in the very near future. It was not that long ago that you heard Polygon being a part of Disney's accelerator program. I am pretty sure Disney is focused on not putting all of their eggs in a single basket. 4. Uniswap is on the move. They just launched their new crypto wallet for Android devices. The wallet provides users with a seamless experience for swapping on Mainnet, Polygon, Arbitrum and Optimism. The new offering has pretty standard features otherwise. The special point is the ability to trade directly with the decentralized platform. Before you ask, they already have an app for the iPhone. 5. I keep telling people to pay attention to Cardano. Apparently, they have recently hit over 78M lifetime transactions. Recent upgrades on the blockchain saw almost 1.3M transactions in just a week. I reported that Charles Hoskinson had approached Kraken to work on their Layer 2 project. I think they bringing a lot to the table and that spells real competition for Polygon and the other teams vying for the opportunity. 6. Project Guardian, another project out of the Monetary Authority of Singapore, Is beginning to see actual fruits from its labor with a new Blockchain FX solution developed by Citi. The platform leverages blockchain technology to price and execute foreign exchange or FX transactions. This is no little surprise. As a matter of fact, Project Guardian has been going on for some time and includes collaboration with the likes of T. Rowe Price Associates, and Fidelity International. Believe me when I say there is more to come from this project. Sponsors:🌎 https://RebelReach.com - Robust hosting and marketing services!🌎 https://RebelVino.com - All things food and beverage!🌎 https://RebelVisions.com - Helping companies achieve more through operational excellence and disciplined project execution!🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.