A very eventful week in crypto – multiple industry experts and regulators have been displaying negative sentiments towards crypto, especially Bitcoin, even more so after the Terra (LUNA) crash. However, it seems that the actual industry is plowing ahead undeterred. Keep reading to find out more.
Bitcoin
The CIO of Guggenheim, Минерд, commented that bitcoin and crypto were not credible investments and were likely to drop down a lot more.
JPMorgan has published a note stating the “fair price” of Bitcoin is КСНУМКС% више than its current trading level and that cryptocurrencies have surpassed real estate as a preferred alternative asset.
After becoming the second country to adopt BTC as legal tender, the Централноафричка Република (ЦАР) is working on plans to launch a cryptocurrency economic zone.
The president of the ECB, Кристин Лагард, says that crypto is worth nothing and should be regulated to steer people away from it. Instead, she touts a digital euro as a safer store of value.
Ethereum
Vitalik Buterin’s recent statements have given rise to speculations that the much-awaited Обједини ажурирање could be delayed even further.
дефи
Бинанце Стакинг, the crypto exchange’s staking-focused program, has officially joined the Neo Council and initiated tighter integration with N4 infrastructure.
Унисвап hit its second major milestone in less than a month as the decentralized exchange (DEX) crossed the $1 trillion figure in trading volume.
Алтцоинс
Terra’s revival continues as core developers got the approval to burn 1.3 billion UST from its community pool following a crucial governance vote.
Cardano’s parent company, Input Output Hong Kong (IOHK), has announced that its Project Catalyst Fund9 will be launched on June 1, 2022.
технологија
Wall Street giant JPMorgan has started using blockchain technology for поравнање колатерала. The pilot transaction was conducted last week.
Први пут crypto satellite has been launched into the low-Earth orbit by the SpaceX rocket, Falcon 9.
A деепфаке видео featuring Elon Musk has been circulating on Twitter, in which the Tesla CEO promotes a cryptocurrency platform.
Brazil’s largest crypto exchange, Мерцадо Битцоин, is joining forces with the Stellar Development Foundation (SDF) to help in the development of a Central Bank Digital Currency (CBDC).
Binance has announced that it has completed infrastructural integration with Оптимизам, a layer-2 (L2) Ethereum scaling solution.
Мрежа услуга заснована на блокчејну is planning to expand internationally and will make its product open-sourced so that potential users can inspect the code.
Posao
VP at MasterCard, Harold Bosse, speaks about the mass adoption of crypto and the effects of the recent downturn in the crypto markets.
Платформа за крипто трговање Хуоби Глобал has acquired the Latin American crypto platform Bitex in a takeover that will see Huobi increase its presence in Latin America.
ВЦ фирма А16з has raised a record $4.5 billion for its fourth fund in the depths of the current crypto market crash.
Светски економски форум (ВЕФ) held at Davos experienced a rush of crypto enthusiasts from all over, despite the recent downturns of the market.
Avalanche has revealed that LFG, the entity behind the reserve fund for the failed UST stablecoin, has not disclosed any plans for the AVAX tokens that it holds in its treasury.
Регулација
SEC Commissioner Hester Peirce says that the Securities and Exchange Commission has “испустио лопту” on crypto regulation and that this can have long-term consequences.
The ECB released a извештај on the financial stability risks associated with crypto, especially highlighting the growth of current crypto trends and their effects on market stability.
"Економско благостање америчких домаћинстава у 2021” survey was released on May 23rd, 2022 evaluating the economic health of consumers in the US, including matters related to cryptocurrencies.
гувернер Банке Енглеске, Андрев Баилеи, noted the importance of blockchain and distributed ledger technology, but also disregarded crypto as a future payments system.
Charles Randell, chairman of the УК Финанциал Цондуцт Аутхорити (ФЦА), commented on the “speculative” nature of cryptocurrencies and even questioned their legitimacy.
NFT
After losing quite a few expensive NFTs, actor and producer Сетх Греен’s new animated series based on characters from Green’s NFT collection has been put on hold.
Гигант електронске трговине еБаи is dropping its first NFT collection on Polygon, featuring Canadian hockey legend Wayne Gretsky.
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Source: https://cryptodaily.co.uk/2022/05/crypto-weekly-roundup-negative-sentiment-jpmorgan-s-blockchain-experiments-wef-pulls-crypto-crowds-ebay-s-nft-debut-crypto-satellite-and-more