Coinbase CEO says "the world needs crypto, now more than eve | Arletha Loos y4xX on Binance Square

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Coinbase CEO says "the world needs crypto, now more than ever." 
"Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining. It's time to increase economic freedom globally, with crypto."
#XSuperApp $BTC 

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$4,100,000,000 worth of Bitcoin & Ethereum options expire today. Over $4.1 billion in Bitcoin and Ethereum options are expiring today, which could lead to significant volatility in the cryptocurrency market. Here's a breakdown of what's happening: - Bitcoin Options: - Value: $3.5 billion - Contracts: 33,972 - Maximum pain price: $105,000 - Put-to-call ratio: 1.00, indicating a relatively balanced sentiment between bullish and bearish positions - Ethereum Options: - Value: $565.13 million - Contracts: 224,509 - Maximum pain price: $2,600 - Put-to-call ratio: 0.69, leaning towards a bullish sentiment Traders are bracing for potential volatility due to the large volume of expiring options. The maximum pain point, where most options expire worthless, could guide market behavior. Bitcoin is trading around $105,936.96, and Ethereum is around $2,549.94, both showing slight gains in the last 24 hours. Market sentiment is currently bearish in the short term due to the Federal Reserve's stance and geopolitical tensions, but traders remain optimistic about a Q4 market rebound.#SwingTradingStrategy $BTC $ETH

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Elon Musk's X to launch in-app investing and trading, FT reports. Elon Musk's X platform, formerly Twitter, is reportedly exploring the addition of stock trading and other financial services to its app. However, Musk himself has denied these claims, stating "No work is being done on this" as of August 2023. Despite this, X has been developing a digital payments system, known as X Money, which is expected to launch this year. The platform has acquired 39 state payments licenses in the US and is working on a digital dashboard for sending and receiving peer-to-peer transactions, storing funds, and viewing transaction history. Users can send and receive money directly within the app. A user-friendly interface for managing transactions and stored funds. X Money might integrate additional financial services, such as investing and trading, in the future. It's worth noting that X Money will face stiff competition in the peer-to-peer payments market, dominated by players like Zelle, Venmo, and Cash App. To succeed, X Money will need to differentiate itself and build trust with users.#CryptoStocks $BTC

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