<img alt="Key_takeaways_from_Circle’s_$44_5B_USDC_reserve_report" class="webfeedsFeaturedVisual wp-post-image" height="411" src="https://coinedition.com/wp-content/uploads/2023/01/Key_takeaways_from_Circles_44_5B_USDC_reserve_report.jpg" style="display: block; margin-bottom: 5px; clear: both;" width="730" /><p>USDC is making rounds on protocol, as reported by data analytics platform Messari. Earlier today, Messari tweeted that Near Protocol is introducing Native USDC on the platform. On September 7, Circle tweeted that over time, the liquidity offered by Native USDC can grow to take over the bridged Ethereum-originating USDC, currently in use. Moreover, Native [&#8230;]</p>
<p>The post <a href="https://coinedition.com/native-usdc-might-outperform-ethereum-linked-usdc-in-the-future/" rel="nofollow">Native USDC Might Outperform Ethereum-Linked USDC in the Future</a> appeared first on <a href="https://coinedition.com" rel="nofollow">Coin Edition</a>.</p>

Native USDC Might Outperform Ethereum-Linked USDC in the Future

Google Cloud, the renowned cloud computing service provided by Google, has made a significant move by becoming a validator on the Polygon (MATIC) network.  This collaboration aims to bolster the security of the Polygon Proof-of-Stake (PoS) network, with Google Cloud employing its infrastructure, which powers popular platforms like YouTube and Gmail, to contribute to the network’s integrity. Google Cloud Strengthens Polygon Network Security Polygon Labs, the team behind the Polygon protocol, recently announced that Google Cloud has joined their validator set. This move brings Google Cloud into the fold of over 100 validators responsible for verifying transactions on the Layer 2 Ethereum (ETH) network offered by Polygon.  Related Reading: This Bullish Combination Has Finally Formed For Bitcoin, Rally Ahead? In a statement shared on X (formerly known as Twitter), Polygon highlighted the significance of Google Cloud’s involvement, emphasizing utilizing the same infrastructure that underpins YouTube and Gmail to safeguard the fast and cost-effective Ethereum-based Polygon protocol. According to the announcement, by joining forces with over 100 other validators, Google Cloud adds to the collective efforts to secure the Polygon PoS Network.  Including reputable and security-focused validators like Google Cloud provides an additional layer of confidence for Heimdall, Bor, and the Polygon PoS ecosystem users. The collaboration between Google Cloud and Polygon Labs extends beyond a validator partnership. It is described as an ongoing strategic collaboration, indicating a long-term commitment to advancing the adoption and development of Web3 technologies.  As part of their joint efforts, Google Cloud APAC released a YouTube video titled “Polygon Labs is solving for a Web3 future for all,” further underscoring their shared vision for a decentralized web. The Google Cloud team further stated:  Is there an easier way to build and grow Web3 products? That’s the mission of Polygon Labs, and with the help of Google Cloud, it’s one step closer to making this vision a reality. We are now serving as a validator on the Polygon PoS network, contributing to the network’s collective security, governance, and decentralization alongside 100+ other validators. Overall, the involvement of Google Cloud, a prominent player in the cloud computing industry, as a validator on the Polygon network brings increased credibility and expertise to the ecosystem.  This collaboration is expected to enhance Polygon’s network infrastructure’s overall security and reliability, benefiting users who rely on the platform for seamless and efficient blockchain transactions. MATIC Breaks Free From 3-Month Downtrend Polygon’s native cryptocurrency, MATIC, has successfully broken a 3-month downtrend that had pushed the token to reach a yearly low of $0.5040 on Wednesday.  However, in the past 24 hours, there has been a notable rebound in MATIC’s price, experiencing a 1.7% surge and currently trading at $0.5240.  Related Reading: Bitcoin Eyes Turnaround: Could A New All-Time High Be On The Horizon? Analyst Predicts This upward movement is further supported by the Squeeze Momentum Indicator, which has broken the downtrend pattern, indicating the initiation of a recovery phase for MATIC since Friday. It is important to note that MATIC’s ADX indicator displays a spike downwards, suggesting low volatility and a neutral battle between bullish and bearish forces in the cryptocurrency market. Looking ahead, MATIC faces obstacles around the $0.5442 zone, which it failed to surpass on September 21. Conversely, if the uptrend continues, the next significant hurdle lies at $0.5951 before reaching the $0.6000 level, which has not been achieved since late August. The sustainability of MATIC’s uptrend and its ability to strive towards its yearly high of $1,569, reached in February, remains uncertain and will require further observation. Featured image from Shutterstock, chart from TradingView.com

MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

Tron’s TVL has increased by more than 2% in the last 24 hours, suggesting growth in the DeFi space. TRX was also nearly up by 5% in the last 24 hours.

Tron TVL rises 2%; will this growth sustain?

The current sentiment within the XRP community can be summed up in a single word: “bullish.” This extreme bullishness is fueled by various crypto analysts presenting optimistic scenarios, some even […]
The post Divergent Views on XRP Price: From $10,000 Dreams to $0.22 Realities appeared first on BitcoinWorld.

Divergent Views on XRP Price: From $10,000 Dreams to $0.22 Realities

"I won't tell if you won't," Terra's Do Kwon said, according to SEC documents.

Terra's Do Kwon Admits to Faking Trading Volume in Leaked Chat: Court Docs

Circle argues that stablecoins like BUSD and USDC are not investment contracts and fall outside SEC jurisdiction.

Circle Claims Stablecoins are Not Securities in Binance Lawsuit

Do Kwon's lawyers claim that their client agreed to submit to the deposition, which was requested by the SEC to take place in October, if it would happen in Montenegro, where he is currently jailed. [...]
Read More...
The post Do Kwon says no to SEC deposition since he’s already in Montenegro jail appeared first on CoinGeek.

Do Kwon says no to SEC deposition since he’s already in Montenegro jail

People can be liabilities, too. #liabilities #assets  #richdad

In this enlightening video, Madex opens up about the significance of starting your journey into the world of Bitcoin. He emphasizes that nobody becomes an expert overnight and that every newcomer should be given the space and resources to learn and improve their security practices. If you've been hesitating to dive into Bitcoin because it seems too complex, this discussion with Madex is the nudge you need to take that first step and understand why it's crucial for your financial security.

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BULLISH BIT: The Journey of Learning Bitcoin and Security

CoinDesk journalists won the prestigious Gerald Loeb Award for exposing the shaky foundation beneath Sam Bankman-Fried’s crypto empire and then documenting the exchange's fallout. CoinDesk's global policy and regulation managing editor Nikhilesh De, one of the winners, shares his behind-the-scenes look at the awards ceremony.

CoinDesk Journalists Win 2023 Loeb Award for Beat Reporting Category

Everyone is bearish with the government shutdown looming! But that is about to CHANGE!! Government shutdowns in the past have actually pumped the markets 66% of the time. Once the shutdowns end…the markets BLAST OFF!! Today we provide the data showing that this shutdown isn’t bearish for Bitcoin….but extremely BULLISH!

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0:00 Intro: How will US government shutdown affect Bitcoin price?
00:41 How current potential shutdown is affecting markets
02:26 How Gold is being affected by a potential shutdown
03:32 How the 2013 government shutdown affected markets
04:52 How the 2018 government shutdown affected markets
05:31 How the 2019 government shutdown affected markets
07:15 How the Bitcoin Spot ETF ruling deadlines could affect markets

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📚 📚Educational links and crypto resources for starting in cryptocurrency
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Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media is intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be constructed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. Use any & all dapps, protocols & information at your own risk. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

EVERYTHING WILL CHANGE IN JUST 17 DAYS (Time to Act is NOW)

Martin Carrica explains how lending money to the US government may actually guarantee you an investment return. 

More content is waiting for you on Bankless.com 🚀 
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Risk Free Investment Return?

Gareth Soloway: It’s Clear Now, The Market Is About Change

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