Crypto Winter Is Here. The Weak Will Die, and the Strong Will Eat Their Bones
There is so much to say about this moment, and all of it in the coming weeks and months as we help you navigate the crypto crisis
people are still holding their long positions, which is why the amount liquidated keeps on increasing. And there are some people that are busy opening more long positions.
👉🏻 Coinglass reports that 259,220 traders were obliterated in the last 24 hours. ❗️
Oracle Tellor supplies data that can be requested, validated and installed without permission with data reporters competing for incentives from TRB. Data reporters carry valuable information on-chain for a variety of DeFi applications.
Tether launched USDT on the Tezos network
It is the twelfth blockchain after Ethereum, Solana, Avalanche, Polygon, Algorand, Tron, Omni (Bitcoin), EOS, Liquid Network, Kusama and Bitcoin Cash.
☝🏻 According to the company, the market capitalization of USDT exceeds $72.5 billion, with Tron ($38.73 billion) and Ethereum ($36.81 billion) blockchains accounting for the largest portion of the stablecoin offering.
Reporting from Coinmarketcap, as an open source project, Caradano also aims to "redistribute power from irresponsible structures to individual margins" helping to create an ecosystem
🚩 European Central Bank will announce the interest rate on June 9
🚩 USA and China will release CPI data on June 10 which might create short term volatility
🚩 FOMC meeting on June 15, Fed might increase interest rates by 50bps
Take note of these events.💪
Comics fans get ready: DC Comics is entering the NFT market
The first few projects, including the DC Bat Cowl Collection, are now available online. The vast DC Comics ecosystem has huge plans.
That’s news to those who think the NFT bubble has deflated👌
The price of Shiba Inu (SHIB) once felt the upper hand by soaring millions of percent in 2021, which has now slumped by more than 90 percent due to the great correction that has hit since last November.
🏦 New report by the Federal Reserve
🔸6 million Americans said they used Bitcoin and crypto as a payment method last year
🔸40 million Americans said they used Bitcoin and crypto as an investment last year.
🔗 Federal Reserve report (pdf)
Dogecoin's creators envision it as a fun and lightweight cryptocurrency that will have greater appeal than Bitcoin's core audience, as it is based on dog memes. Tesla CEO, Elon Musk often posts some tweets on social media Dogecoin is his favorite coin.
Tesla CEO Elon Musk said Dogecoin will soon be accepted at Spacex for merchandise payments, in the same way Tesla accepts DOGE payments. In addition, starlink subscription fees can also be paid with Dogecoin "one day".