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According to crypto market data tool Messari, Circle’s USDC posted $1.1 billion in daily real volume on the Ethereum network on June 21, which was double USDT’s real volume of $579 million.
More info: https://bit.ly/3QEtCRV
Cardano’s development team, Input Output has created a new light wallet which is called Lace. This new wallet comes with a host of features, according to the development team, the wallet allows users to primarily manage, control as well as store their cryptocurrencies in one place.
More info: https://bit.ly/3OgJgBI
Peirce opposed the the idea of bailouts for cryptocurrency projects and implied the bear market would ultimately be healthy for industry.
More info: https://bit.ly/39MABba
A global Bitcoin self-mining company, Bitfarms based in Canada, is now "adjusting its HODL strategy".
Reportedly, the company has sold 3,000 BTC for approximately $62 million at the average price of $20,600. The main reason behind the operation was the company's inability to provide funds to finance the equipment.
More info: https://bit.ly/3bdUlEP
Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay.
More info: https://bit.ly/3OaRBXv
SkyBridge Capital founder Anthony Scaramucci says his firm is still buying Bitcoin (BTC) and Ethereum (ETH) despite the crypto market crash.
Scaramucci acknowledges crypto assets could move further down in price before rebounding, but he still believes Bitcoin could balloon to $100,000 “over the next 12-24 months.”
More info: https://bit.ly/3zWHykH
Following the crypto market meltdown, most Americans are willing to offload several assets, with meme coin Shiba Inu (SHIB) ranking top of the list.
The majority of investors from 19 U.S. states are searching for different methods to sell SHIB, including states like Florida, Nevada, New York and Tennessee, according to data shared with Finbold from a Google Trends analysis conducted by Los Muertos.
More info: https://bit.ly/3QluoTZ
According to a recent tweet, Cardano has now arrived at Ledger Live. This implies that users could now be able to send, receive, buy and manage ADA directly with Ledger Live.
More info: https://bit.ly/3b2rhj
Binance has completed the mainnet swap of BEP2 THORChain (RUNE). The conversion to mainnet THORChain (RUNE) tokens was conducted at a ratio of 1:1.
More info: https://bit.ly/3xtXlo1
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.
More info: https://bit.ly/3Hq3C8H
MicroStrategy Incorporated (NASDAQ: MSTR), which has amassed a significant Bitcoin haul, borrowed $205 million from crypto bank Silvergate Capital with 19,466 Bitcoins as collateral. Based on the loan terms, if Bitcoin trades below $21,000, the company would be compelled to trigger a margin call.
More info: https://bit.ly/3NStlJl
According to Bank of America, 30% of respondents said they had no intentions of selling their cryptocurrencies during the next six months despite the massive decline that the crypto market has suffered.
More info: https://bit.ly/3OgXMsL
After Musk declared himself the ‘Dogefather’ during his Saturday Night Live (SNL) appearance on May 8, 2021, the coin has since dropped by over 93%. During the appearance, DOGE was trading slightly above $0.725, while at press time, the token was valued at $0.05.
More info: https://bit.ly/3xMoowd
As of June 13, the general crypto market capitalisation was at $964 billion, dropping from $2.16 billion recorded on January 1, a loss of over 55% or $1.19 trillion, according to CoinMarketCap data.
More info: https://bit.ly/3HghxhK
Crypto lending firm Celsius said Sunday that it would pause withdrawals on its platform, citing market conditions as the price of Ether and other cryptocurrencies tumbled.
Led by Alex Mashinsky, the firm reportedly had about $12 billion in customer assets as of May across 1.7 million users.
More info: https://bit.ly/3QfXh3L
Ethereum’s developers announce another delay of the “difficulty bomb,” a section of the consensus algorithm that eventually makes it impossible to mine Ethereum.
This announcement comes as more bad news for Ethereum enthusiasts hoping for the completion of the Ethereum 2.0 merge in August.
More info: https://bit.ly/3QsjU5k