Bitcoin and other cryptos kept rallying, trading above psychological levels after last week’s surge. Elon Musk's Twitter takeover boosts Dogecoin by 102%.
Welcome to One Click Crypto’s (1CC) newsletter.
Bitcoin and other cryptocurrencies kept rallying Monday, continuing to trade above psychological levels after last week’s surge. A flurry of central bank decisions, business results, and economic data might trigger volatility in digital assets over a few days.
Meanwhile, Elon Musk’s favorite crypto Dogecoin soars over +102% following the news of his Twitter takeover. The 1CC AI, on the other hand, is allocating 50.1% of its portfolio to crypto.
At the time of writing, Bitcoin is trading at $20,410, or +5.50% from 7 days ago. Ethereum, on the other hand, gained +16.51%. The total cryptocurrency market cap is $1.03T and Dogecoin is the big winner with a +110.01% ROI.
Binance Invests $500M in Musk’s Twitter Buyout
As Elon Musk completed his $44Bn acquisition of Twitter, Binance announced a $500M investment and plans to assist with the social media app’s blockchain development.
The newly-formed team will investigate how to build on-chain solutions to Twitter’s issues, such as the proliferation of bot accounts, a problem about which Musk has repeatedly complained and nearly retracted his offer.
Apple To Charge For NFT Trades
Apple clarified its policies regarding cryptocurrencies and non-fungible tokens, outlining what apps may do with these technologies. Apps that sell NFTs and related services must use Apple’s in-app payment mechanism, with Apple taking a 30 percent cut of in-app purchases.
FTX Stablecoin Launch is Very Likely According To CEO
The CEO of the well-known exchange FTX stated that the company is preparing to launch its stablecoin. Sam Bankman-Fried stated that the exchange knows how to create a stablecoin and will likely do so soon; it is currently seeking a launch partner. SBF also confirmed previous rumors that FTX is seeking additional funding for new acquisitions.
Read the latest One Click Crypto Report here.
Aggregated return of One Click Crypto vs. BTC and ETH
Bitcoin (BTC) gained +5.08%, while Ethereum (ETH) rose by +16.23% last week. One Click Crypto returned +4.05% on average.
Top trading strategy
Clipper was the most successful trading AI last week with a +5.99% average ROI. Performer v1 and Explorer returned +5.29% and +4.66% respectively.
Top-performing market pairs
In DOGE’s crypto week we saw Explorer gain over +60% in two market pairs, featuring the meme coin. Performer v2 gained +37.63% on DOGE:USDT as well.
October 28, 2022
- Resolved issues with the connection of API key after enabling “Spot trading”
- Resolved issue with the update of API key
October 25, 2022
- Rebranding of One Button Capital to One Click Crypto
October 21, 2022
- Functionality allowing users to refresh the recorded stable coin balance after topping up on their exchange account
- Changing portfolio overview page for “lite view”
- Resolved issue with 0 as the recorded price for Crypto.com (rejected order by exchange)
October 20, 2022
- Resolved issue with how price is recorded by Bitpanda Pro for filled market orders
- Resolved issue with the execution of orders for FTX users that don’t use subaccounts
Crypto ends the month on a positive note, as we see the market finally stabilizing amid Elon Musk’s Twitter buyout. One Click’s AI is slowly getting into a rhythm in the new crypto-economic conditions, and we are looking forward to November to bring green results.
For people who are in Europe in the upcoming weeks, here are the two main events that One Click Crypto will participate in:
Come and meet the team there or join the online discussion on One Click Crypto Hub.
CEO at One Click Crypto
This is not financial advice. This newsletter is strictly educational and does not provide investment advice, solicit the purchase or sale of any assets, or encourage readers to make financial decisions. Please use caution and conduct independent research.
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