Home / Trend News /MEXC And Coinbase Reach Partnership To Jointly Fulfil The Privacy And Security Obligations Of Cryptocurrency Under The TRUST Framework

MEXC And Coinbase Reach Partnership To Jointly Fulfil The Privacy And Security Obligations Of Cryptocurrency Under The TRUST Framework

05 Nov 2022

Dogecoin, the king of meme coins, has been one of the best performing crypto assets during the last 30 days and ever since Elon Musk took over Twitter. Statistics show that dogecoin has risen 116.3% against the U.S. dollar during the last two weeks, and the token has situated itself in the eighth largest crypto market position today.

Dogecoin (DOGE) has seen an incredible jump in recent times and it all started when Elon Musk officially took the reins of Twitter. Two-week metrics against the U.S. dollar show DOGE has jumped a whopping 116.3%, surpassing the gains recorded by crypto asset leaders like BTC and ETH.

30-day statistics indicate DOGE is up 98.8% and over the last week, dogecoin gained 52.8% in value. Although, despite the mega gains during the last month, DOGE is still down 51.3% year-to-date and 82.5% lower than the $0.73 all-time high. During the past 24 hours, DOGE has had a price range between $0.122 and $0.134.

Doge is now the eighth largest coin in terms of market capitalization and the coin has seen $3.10 billion in 24-hour global trade volume. The DOGE market cap today is $17.5 billion according to today’s metrics and there’s a circulating supply of more than one hundred thirty-six billion DOGE.

The top meme coin has also fueled the entire meme coin economy as it is now valued at $25 billion, or 5.9% higher in USD value during the last 24 hours. The second largest meme coin has not seen gains like DOGE has during the last week. Shiba inu (SHIB), however, did rise 8% higher this past week.

Other meme coin assets like dogelon mars (ELON) and floki (FLOKI) increased in value by 31% to 52% over the last week. Today, DOGE equates to 70% of the entire $25 billion meme coin economy, while it also represents 1.587% of the entire crypto economy valued at $1.1 trillion.

Tether (USDT) is dogecoin’s top pair as it equates to 52.88% of all DOGE trades today, while BUSD follows behind with 18.76% of all DOGE trades during the past 24 hours. BUSD is followed by USD (16.76%), BTC (2.70%), KRW (2.68%), and TRY (2.03%) respectively, according to metrics compiled by cryptocompare.com.

What do you think about dogecoin’s market performance since Elon Musk took over Twitter? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

Dogecoin, the king of meme coins, has been one of the best performing crypto assets during the last 30 days and ever since Elon Musk took over Twitter. Statistics show that dogecoin has risen 116.3% against the U.S. dollar during the last two weeks, and the token has situated itself in the eighth largest crypto market position today.

Dogecoin (DOGE) has seen an incredible jump in recent times and it all started when Elon Musk officially took the reins of Twitter. Two-week metrics against the U.S. dollar show DOGE has jumped a whopping 116.3%, surpassing the gains recorded by crypto asset leaders like BTC and ETH.

30-day statistics indicate DOGE is up 98.8% and over the last week, dogecoin gained 52.8% in value. Although, despite the mega gains during the last month, DOGE is still down 51.3% year-to-date and 82.5% lower than the $0.73 all-time high. During the past 24 hours, DOGE has had a price range between $0.122 and $0.134.

Doge is now the eighth largest coin in terms of market capitalization and the coin has seen $3.10 billion in 24-hour global trade volume. The DOGE market cap today is $17.5 billion according to today’s metrics and there’s a circulating supply of more than one hundred thirty-six billion DOGE.

The top meme coin has also fueled the entire meme coin economy as it is now valued at $25 billion, or 5.9% higher in USD value during the last 24 hours. The second largest meme coin has not seen gains like DOGE has during the last week. Shiba inu (SHIB), however, did rise 8% higher this past week.

Other meme coin assets like dogelon mars (ELON) and floki (FLOKI) increased in value by 31% to 52% over the last week. Today, DOGE equates to 70% of the entire $25 billion meme coin economy, while it also represents 1.587% of the entire crypto economy valued at $1.1 trillion.

Tether (USDT) is dogecoin’s top pair as it equates to 52.88% of all DOGE trades today, while BUSD follows behind with 18.76% of all DOGE trades during the past 24 hours. BUSD is followed by USD (16.76%), BTC (2.70%), KRW (2.68%), and TRY (2.03%) respectively, according to metrics compiled by cryptocompare.com.

What do you think about dogecoin’s market performance since Elon Musk took over Twitter? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%, and silver’s price value skyrocketed by 7.14% against the U.S. dollar. Four days ago, a blog post published on Peter Schiff’s website schiffgold.com stressed that silver typically outperforms gold and if people are bullish on gold, they “should be even more bullish on silver.”

Silver has been performing better than it did at the end of the summer, back when the price per troy ounce of fine silver reached $17.97 per unit on Aug. 31, 2022. At more than $20 per ounce of silver today, the precious metal has increased more than 15% against the U.S. dollar since Aug. 31.

However, silver’s spot market price per ounce is over 21% lower than it was during 2022’s silver price high at $26.37 per ounce. After the New York spot price of silver jumped 7.14% on Friday, Nov. 4, 2022, the hashtagged term “#silversqueeze” started to trend on Twitter around 6 p.m. (ET).

One Twitter account said the silver rally on Friday was crafted by “the banksters” and further insisted an ostensible silver price suppression would end soon. “Today’s gold and silver rally was brought to you by banksters,” the Twitter account said. “How did I know that? Because of the near exact pattern of gold and silver (indicates algos play). This means banksters deliberately want the price to spike. The suppression most likely ends today.”

Another user said that the silver market could get lit at any moment and stressed: “most people have no idea what is about to happen.” Peter Schiff’s website schiffgold.com says people should be bullish on silver and the blog post discusses how Doug Casey discussed silver with International Man. The blog post explains that gold bulls should be “even more bullish on silver.”

“Silver typically outperforms gold in a gold bull market,” the editorial highlights. “And the silver-gold ratio indicates that silver is significantly underpriced when compared to gold. Historically, when the spread gets this wide, silver doesn’t just outperform gold, it goes on a massive run in a short period of time.”

Not everyone is bullish on silver and the most recent U.S. Federal Reserve rate hike has added pressure to U.S. equity markets, cryptocurrencies, and precious metals like gold and silver. At the end of August, the German-based firm Heraeus wrote that “rate hikes and dollar strength” have suppressed the price of silver and gold in the company’s precious metals appraisal.

A few days later after the appraisal published, however, Heraeus said silver demand could jump thanks to an increase in polysilicon production. Moreover, in more recent times, there’s been a lot of talk about a silver shortage stemming from increased demand.

After publishing a historical tweet from the U.S. Mint’s official Twitter account, the U.S. Mint replied to an individual who asked why the coin issuer wasn’t able to keep up with demand. “Worldwide, silver fabricators are struggling to keep up with demand for silver blanks,” the U.S. Mint wrote on Oct. 31, 2022. “The Mint’s silver suppliers are increasing capacity in an effort to meet demand. The Mint is also reaching out to additional fabricators to supply silver.”

Additionally, people have noticed that while the spot price of one ounce of silver is $20.85 per unit, buying a physical round is more expensive. A one-ounce American eagle silver coin will cost almost double the spot market price at $39 or more per unit. A 90% silver Morgan silver dollar will cost $36.99, which is 77% higher in price than today’s silver spot market values.

What do you think about silver’s recent market performance and the future value of the precious metal? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%, and silver’s price value skyrocketed by 7.14% against the U.S. dollar. Four days ago, a blog post published on Peter Schiff’s website schiffgold.com stressed that silver typically outperforms gold and if people are bullish on gold, they “should be even more bullish on silver.”

Silver has been performing better than it did at the end of the summer, back when the price per troy ounce of fine silver reached $17.97 per unit on Aug. 31, 2022. At more than $20 per ounce of silver today, the precious metal has increased more than 15% against the U.S. dollar since Aug. 31.

However, silver’s spot market price per ounce is over 21% lower than it was during 2022’s silver price high at $26.37 per ounce. After the New York spot price of silver jumped 7.14% on Friday, Nov. 4, 2022, the hashtagged term “#silversqueeze” started to trend on Twitter around 6 p.m. (ET).

One Twitter account said the silver rally on Friday was crafted by “the banksters” and further insisted an ostensible silver price suppression would end soon. “Today’s gold and silver rally was brought to you by banksters,” the Twitter account said. “How did I know that? Because of the near exact pattern of gold and silver (indicates algos play). This means banksters deliberately want the price to spike. The suppression most likely ends today.”

Another user said that the silver market could get lit at any moment and stressed: “most people have no idea what is about to happen.” Peter Schiff’s website schiffgold.com says people should be bullish on silver and the blog post discusses how Doug Casey discussed silver with International Man. The blog post explains that gold bulls should be “even more bullish on silver.”

“Silver typically outperforms gold in a gold bull market,” the editorial highlights. “And the silver-gold ratio indicates that silver is significantly underpriced when compared to gold. Historically, when the spread gets this wide, silver doesn’t just outperform gold, it goes on a massive run in a short period of time.”

Not everyone is bullish on silver and the most recent U.S. Federal Reserve rate hike has added pressure to U.S. equity markets, cryptocurrencies, and precious metals like gold and silver. At the end of August, the German-based firm Heraeus wrote that “rate hikes and dollar strength” have suppressed the price of silver and gold in the company’s precious metals appraisal.

A few days later after the appraisal published, however, Heraeus said silver demand could jump thanks to an increase in polysilicon production. Moreover, in more recent times, there’s been a lot of talk about a silver shortage stemming from increased demand.

After publishing a historical tweet from the U.S. Mint’s official Twitter account, the U.S. Mint replied to an individual who asked why the coin issuer wasn’t able to keep up with demand. “Worldwide, silver fabricators are struggling to keep up with demand for silver blanks,” the U.S. Mint wrote on Oct. 31, 2022. “The Mint’s silver suppliers are increasing capacity in an effort to meet demand. The Mint is also reaching out to additional fabricators to supply silver.”

Additionally, people have noticed that while the spot price of one ounce of silver is $20.85 per unit, buying a physical round is more expensive. A one-ounce American eagle silver coin will cost almost double the spot market price at $39 or more per unit. A 90% silver Morgan silver dollar will cost $36.99, which is 77% higher in price than today’s silver spot market values.

What do you think about silver’s recent market performance and the future value of the precious metal? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to jointly fulfil the privacy and security obligations of cryptocurrency under the framework of Coinbase’s TRUST Network (TRUST).

The TRUST network is an alliance of the world’s leading cryptocurrency exchanges. And the TRUST solution is designed to disclose necessary data while focusing on protecting customer privacy and information security.

Its purpose is to allow customers between TRUST members to transmit information peer-to-peer so as to avoid leakage of personal information stored in third-party servers, resulting in the leakage or misuse of sensitive information; Customers among TRUST members can confirm the correctness of information before sending information so that the information can be sent and received accurately; all TRUST members must meet the three core requirements of anti-money laundering, security and privacy before joining the solution.

Founded in April 2018, MEXC is the world’s leading one-stop cryptocurrency trading platform. It supports more than 160 cryptocurrency contract transactions, more than 1,600 cryptocurrency spot transactions, and more than 400 cryptocurrency ETF transactions. It is the fastest online crypto asset. , the platform with the most tradable categories. The team’s core members have a profound financial and technological background and professional financial products and technical security experience as a guarantee.

As of this September, MEXC has more than 10 million global users. The liquidity of the three core products, contract, spot, and leveraged ETF, has reached the first globally.

According to the data, 62 top companies worldwide, including MEXC, PayPal, Binance, etc., have joined TRUST Network.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

Source From : News

© CoinJoker 2019 | All Rights Reserved.