IN BRIEF USDC market value continues to increase despite negative sentiment. USDC continues to maintain its peg in June. The USDC market cap was approximately $53 billion by the end of May. PromoGensokishi Online – Fantasy World Economy on the Metaverse Read now! USD Coin (USDC) was one of the few digitalContinue Reading
These days, startups chase VC fiat and high valuations by attracting newly-printed money but without delivering value. Bitcoin fixes this. This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Link to the audio read of the article.Continue Reading
On Thursday (June 9), American billionaire investor Stanley Freeman Druckenmiller shared his latest thoughts on crypto. Druckenmiller started his career as an equities analyst at Pittsburgh National Bank. Then in 1981, he founded investment firm Duquesne Capital Management, which had a positive return every year until he decided in August 2010 toContinue Reading
IN BRIEF Citadel and Virtu are reportedly going all the way with the development of a crypto trading platform. The move has the backing of venture capitalist funds like Sequoia Capital and Paradigm. Although things are kept under wraps at the moment, insiders say that the product could be liveContinue Reading
Animoca Brands and Andreessen Horowitz are leading crypto gaming investments $2.5 billion worth of investments poured into blockchain games during the first quarter of 2022 Current market conditions will not kill Web3, an Animoca Brands executive says Blockchain-based gaming is proving to be surprisingly resistant to the broad-based crypto marketContinue Reading
IN BRIEF The price of Bitcoin fell from the $31,300 area to $29,300 in just 4 hours. BTC traders lost almost $30 million in long liquidations. The record liquidations of long positions occurred between May 9-12 and reached $635 million. PromoKyber Network: Swap, Earn, and Build in DeFi Without Limits ReadContinue Reading
Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest. At least two technical indicators show Solana (SOL) could undergo a sharp price recovery in June, even after the SOL/USD pair’s 78.5% year-to-date decline. SOL price nears bullish wedge breakout First, Solana has beenContinue Reading
If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto. Western powers have imposed unprecedented financial sanctions in response to Russia’s invasion of Ukraine, marking a seismic geopolitical shift that could drive many countries to adoptContinue Reading