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Crypto is going down again
Even though the cryptocurrency market has seen a brief rise on the night of the 15th-16th of June following the US Federal Reserve press conference, it came tumbling down once again on Saturday. Today Bitcoin reached $18,769 and Ethereum $976.
Tron is seeking to stabilize USDD stablecoin
Due to market volatility, the price of the stablecoin fell below the value of one US dollar. The loss of the dollar peg occurred on June 13, when one USDD was valued at $0.95. For days now, the price of the stablecoin has remained below stable.
The cryptocurrency market capitalization fell below a trillion dollars
The steep decline in cryptocurrency prices has led to the fact that the total market capitalization has begun to decline. Now the price is less than a trillion US dollars.
Bitcoin price reached an 18-month low
By the end of last week, bitcoin was worth about 30 thousand dollars, but on June 10, against the backdrop of news about the problems of the US economy, it fell, and on the 13th, its price plunged lower than 23 thousand.
Anthony Hopkins is interested in buying collectible NFTs
Hollywood actor and composer Anthony Hopkins became interested in NFT and asked colleagues for advice on investing in tokens.
“Bug fixed”: Solana developers announced fixing a bug that caused the network collapse
The developers called the function of constant one-time transactions the main problem resulting in failure.
South Korean authorities launched a public tender for the creation of a metaverse
The South Korean government intends to sponsor companies that develop content for the metaverse.
Experts predict an upcoming “bullish” trend for bitcoin
Since Bitcoin sank heavily in May and its price dropped to $30,000, many market analysts began to make statements about the “crypto winter” and speak negatively about volatility. However, some experts note a positive outlook for the growth of the coin.
Ukraines crypto aid: Volodymyr Nosov (WhiteBIT) and Dmytro Kuleba
During a video call, Volodymyr Nosov, the CEO of the crypto exchange WhiteBIT and the Minister of Foreign Affairs of Ukraine Dmytro Kuleba discussed the development of the blockchain and the role of the crypto community in the governmental processes of Ukraine.
Diamonds in the form of tokens: the Central African Republic will “digitize” its natural resources to attract investors
The CAR plans to become a digital leader in Africa and, according to the government, will tokenize its natural resources.
FTX vs. Coinbase: FTX won in bitcoin trading volume in May
In May this year, FTX managed to overtake its main competitor Coinbase in terms of bitcoin trading volume.
US miners will cooperate with Oman’s energy companies
Given that the “persecution” of mining on the PoW algorithm has intensified in the US and Europe, the energy company Crusoe Energy, which is also involved in mining, decided to cooperate with Oman’s representatives.
Prada releases 100 exclusive NFTs
Prada is going to launch a clothing line with NFT-linked serial numbers.
More harm than good: Circle speaking about the launch of central bank digital currencies
With the development of the crypto industry and the increasing influence of the blockchain in the world, states’ interest in creating their own electronic national currencies has surged.
JPMorgan considers the ability to make loan settlements using blockchain
For several years, Wall Street has been exploring the possibilities of using blockchain in the banking business. Bankers are interested in operations such as interbank payments, mortgage loans, and cross-border transactions.
OpenEthereum is no longer supported by the developer
The developers said on their page on the social network Twitter that the Ethereum client OpenEthereum is no longer supported. According to them, work on the project was stopped since Ethereum will eventually switch to the PoS algorithm.
MetaMask and Coinbase Pay became partners in expansion into Web3
The integration took place after Coinbase introduced the new payment platform “Coinbase Pay”.
More Russians came under Coinbase sanctions
At first, the owners of exchange accounts with more than 10 thousand US dollars received messages about a possible account blocking, but now the situation has changed.
Swiss Tag Heuer plans to accept cryptocurrency payments
According to company representatives, it will be possible to pay for exclusive watches with almost any digital asset, from bitcoin to USDC and BUSD.
$600 million for the development of the gaming industry: Andreessen Horowitz launched a new fund
The founders or co-founders of companies such as “Roblox”, “Riot Games”, “Discord” and “Blizzard” have already joined the fund.
$78 million fine: Terraform Labs to answer for tax evasion
Initially, the company was suspected of tax evasion. Also, the co-founder of Terraform Labs, Do Kwon is in the focus of the tax inspection attention.
The UK is going to regulate stablecoins more carefully
The British Ministry of Finance plans to make the country more attractive for digital technologies and cryptocurrency exchanges. It has already begun to develop a set of laws aimed at promoting this area.
The Norwegian Parliament did not support the ban on cryptocurrency mining
In Norway, left-wing parties tried to move a bill to ban energy-intensive mining.
Mining for the full 100%: NiceHash claims to have unlocked Nvidia graphics cards
The new software will allow you to use 100% of the power of top graphics cards.
The fall of Bitcoin: the price of other tokens decreased following the flagship
Just a week ago, the price of Bitcoin exceeded $40,000 per unit. The reason was the decision of US Federal Reserve officials to raise the key rate by 0.5% at once.
