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Weekly News

Is USDC Set To Overtake Tether (USDT) Soon?

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The stablecoin market has witnessed one of the most unstable moments in its history this month as TerraUSD (UST) lost its peg and momentarily threatened the perceived stability of its…

Continue ReadingIs USDC Set To Overtake Tether (USDT) Soon?

What is Algorand (ALGO)? A Beginner’s Guide on the Algorand Project  

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Algorand is the world’s first proof-of-stake (PoS) blockchain, aiming to solve the “Blockchain Trilemma” of avoiding tradeoffs between speed, security, and decentralization. The project competes with the likes of Ethereum…

Continue ReadingWhat is Algorand (ALGO)? A Beginner’s Guide on the Algorand Project  

Cloudflare Set To Launch Ethereum Validator Nodes in Support of “The Merge”

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The 12-year-old web security company, Cloudflare, announced on May 17 that it would be launching its next series of experiments for advancing web3. This will include supporting the Proof of…

Continue ReadingCloudflare Set To Launch Ethereum Validator Nodes in Support of “The Merge”

Celsius CEO Alex Mashinsky Interview: UST Depeg, Bear Markets, DAOs

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The first time we interviewed Alex Mashinsky was in July 2018 in the heart of a bear market. Bitcoin was about $6,500. The Celsius app was about to launch.  The…

Continue ReadingCelsius CEO Alex Mashinsky Interview: UST Depeg, Bear Markets, DAOs

JPMorgan trials blockchain for collateral settlement in after-hours trading

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. Multinational investment bank JPMorgan Chase & Co…

Continue ReadingJPMorgan trials blockchain for collateral settlement in after-hours trading

Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.” Bill Miller…

Continue ReadingBillionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal. The cryptocurrency market was hit with…

Continue ReadingFalling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
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