Month: May 2022

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

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On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to be “the most transparent and trusted dollar digital currency.” Terra’s Stablecoin De-Pegging Incident Has Cast a Spotlight on … Read more

Top 3 Metaverse Crypto Coins Below $0.02 to Watch in May 2022

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Cryptocurrency markets continue their bearish trends as Bitcoin and Ethereum struggle to hold support. Metaverse Crypto coins also struggle, with many seeing single-digit percent losses today. This is an excellent opportunity to start Dollar-Cost Averaging undervalued projects that could see significant upside during the next bull run. This article looks at our pick of the … Read more

Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week

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Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH hovering slightly above $2,000. Bitcoin BTC started the week trading below $30,000 following a volatile weekend of trading, which saw prices mainly consolidate. Following a rise … Read more

David Marcus Launches Bitcoin Payments Startup Lightspark

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David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities of using the layer 2 Lightning Network (LN) as a … Read more

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