Good morning crypto-people :)
I am often getting my updates via crypto-expert Dr Julian Hosp. So I can recommend you sign up for his newsletter.
Here are some of the recent news:
- Crypto Down 10% - BUSD Selling Stopped: The crypto market has been in turmoil, with an overall 10% drop. A key event to watch for is the halted selling of BUSD, with a single $150 million transaction taking place on Saturday. Market observers are curious to see if this will lead to a delay or not affect the market. We have also seen some ancient Bitcoin addresses getting active, and people are rumoring about what this could mean
- Earnings season continues, with some of the biggest tech companies releasing their Q1 results this week. These earnings reports are always significant, as they offer valuable insights into the health and trajectory of the tech industry.
- Prepping for FED Meeting Next Week - 2x 0.25% Rate Hikes Now Expected?!?! As we approach the highly anticipated Federal Reserve meeting next week, speculation is mounting that we could see two 0.25% rate hikes announced. Monitor market reactions to this news and prepare for potential fluctuations.
- Cake is launching DUSD and other unique vaults this week. These new offerings could attract investors looking for alternative yield-generating opportunities: In addition to the vault launches, Cake is also introducing a new staking coin this week.
- Massive DUSD Selling Last Week - 1.5m DUSD Burn: Last week saw a massive sell-off of DUSD, leading to a 1.5 million DUSD token burn. DUSD's price also dropped, causing some angst in people, but the fundamentals here look promising.
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Algo - NCG6LBALQHENQUSR77KOR6SS42FGK54BZ5L2HFDSBGQVLGYIOVWYDXFDI4
ADA – addr1q9vfs6nqz4xmtnpljwhv4tukyskd2g7enxd87rpugkwwvfun5pnla5d5tes2mvurrc77e7837yd0scrfk063qlha8wgs8d4ynz
Bitcoin 3HbxyDXE9MhNQ8RqsirqgYvFupQzh5Xby2
ETH - 0x8982cdb97bd23f092f78a16a4fc93c5c4607a285
Seeds – vladlausevic
Skycoin – ZxjhWMJRbTNCRQzy5MekZzH4fhdWFCqBP8
Tezos — tz1QrRzkTAKuPKF8dmGW6c1ScEHBUGvoiJBM