Search Results for: has been shaky

Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs

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Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky…

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

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According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled…

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Furthermore,…

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

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While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by…

Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

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For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a…

Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation

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At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial…

Ertha Metaverse Sells Rome NFT for Record $120k

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Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in…