The Blog

USDC has decoupled from the dollar due to the collapse of Silicon Valley Bank, and is currently trading at $0.89. This seems to be just the beginning. On Friday evening, Coinbase announced that it had halted support for conversions between US dollars and the stablecoin USDC. The company usually offers traders a feature that allows...

Yesterday the market began to decline, and BTC even broke through the channel of $21,950 – $22,700. While the exit from the channel was false, the wave of decline may continue. However, I still believe that we won’t see a really strong movement in the market before Friday. Powell’s speech before Congress yesterday caused the...

Global regulators are set to release a series of recommendations and papers in July and September, aimed at creating a comprehensive global regulatory framework for cryptocurrencies. The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will be spearheading this effort. The FSB will release recommendations on the...

The value of #BTC has been on a decline since yesterday, but there has been a further breakdown in just a few hours, resulting in a total of $250 million in liquidations in the last 24 hours. This decline was expected after Circle withdrew $312 million USDC and transferred it to crypto exchanges. Moreover, Silvergate...

Soulbound Tokens (SBTs) are unique digital tokens that represent an individual’s or entity’s identity and cannot be transferred or sold. SBTs are issued by Souls, which are essentially blockchain accounts or wallets that hold or issue these tokens. SBTs can store various types of information, such as medical records, work history, and educational credentials, to...