As usual, we bring you a weekly summary of the most outstanding news published in KEY ALERTS. For example: “Michael Saylor advises Elon Musk to buy more Bitcoin.”
Mainly, KEY ALERTS was created on July 6, 2022. With the aim that you can know at the moment everything related in the crypto world, Metaverse and investments in general.
- Michael Saylor advises Elon Musk to buy more Bitcoin.
- Gavin Michael indicated that cryptocurrencies are not going to disappear.
- The Federal Reserve (FED) will receive requests from crypto banks.
- Kenanga Investment Bank is working on a crypto application.
- The launch of Coinbase Wrapped Staked ETH is announced.
Therefore, being in KEY ALERTS you will be aware of everything that happens in the crypto market. Among other things that also end up influencing cryptocurrencies.
“Any news that comes out in the world that has an impact on the markets, rest assured that you will find it in KEY ALERTS.”
Andrés Tejero. CEO of Enqueinvertir.com
Michael Saylor advises Elon Musk to buy more Bitcoin
To start, Michael Saylor, the executive chairman of MicroStrategy, responded to the joke tweet of Elon Musk, CEO of Tesla, about the alleged purchase of the English football club Manchester United.
«We would prefer you to buy more Bitcoin».
Interestingly, a day after the publication, his followers asked him if he was serious. Therefore, Elon Musk had to deny the alleged purchase of Manchester United, claiming that “it was a joke.”
However, he expressed that, in case of acquiring any sports team, it would be Manchester United. Since it is his favorite team since childhood.
Gavin Michael: “Cryptocurrencies are not going to disappear”
Next, the CEO of Bakkt, suggested in an interview with Yahoo Finance, that the crypto market is here to stay. Gavin Michael, noted that there is still interest from retail and institutional investors.
Now, according to Michael, after the recent falls, interest in the market is driven by the possibility of embarking on a rebound by 2023.
«Crypto is not going away. There is still a lot of interest and momentum with our partners».
The Federal Reserve (FED) will receive requests from crypto banks
The new guidance published by the US monetary authority, Federal Reserve (FED), opens the door for crypto banks to participate the banking system.
By the way, the Chamber of Digital Commerce, pointed out that the guidelines set out in this new guide may allow crypto banks to access FED accounts (master accounts). In this way, although crypto banks will still be subjected to exhaustive controls, it is a great boost for the use and adoption of cryptocurrencies.
In this regard, FED Vice President Lael Brainard said: “The new guidelines provide a consistent and transparent process for evaluating applications for Federal Reserve accounts. And access to payment services in order to support a secure, inclusive and innovative payment system».
Kenanga Investment Bank is working on a crypto application
In 2023, Kenanga Investment Bank Berhad, a renowned private investment bank in Malaysia, plans to create a super application that supports Bitcoin and other cryptocurrencies. All this in partnership with Ant Group, a renowned Chinese company.
By the way, it is reported that the super application supports stock trading, robotic advice, peer-to-peer (P2P) financing, Bitcoin and cryptocurrencies. Also, other faculties, such as a digital wallet that works with a prepaid card with Merchantrade technology.
The launch of Coinbase Wrapped Staked ETH is Announced
Coinbase, announce the launch of a new cryptocurrency specially designed for those interested in staking through the platform with ETH.
Specifically, it is about Coinbase Wrapped Staked ETH (cbETH). This is an ERC-20 token that operates on the Ethereum network, it will allow exchange users to make use of their ETH originally arranged as staking to support the network, and thus participate in DeFi programs and services with such funds.
«With cbETH, Coinbase aims to contribute to the crypto ecosystem on a broader level by creating high-utility wrapped tokens, and open-source smart contracts».
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I close with this quote from Alexander Graham Bell: “Never go down the path laid out. Because it leads where others have already gone».
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