Cryptocurrencies

US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and

Cryptocurrencies

Is Solana a ‘buy’ with SOL price at 10-month lows and down 85% from its peak?

Solana’s (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260. SOL price fell

Cryptocurrencies

Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve

The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range.

Cryptocurrencies

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P

Cryptocurrencies

The crypto market dropped in May, but June has a silver lining

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Cryptocurrencies

Terra 2.0: A crypto project built on the ruins of $40 billion in investors’ money

Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’

Cryptocurrencies

Japan passes bill to limit stablecoin issuance to banks and trust companies

Japan is moving forward with legislation regarding the issuance of stablecoins i.e. digital assets with their value pegged to fiat currencies or stabilized by an

Cryptocurrencies

Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility

In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated switch from proof-of-work to proof-of-stake can be expected “around June

Cryptocurrencies

3 key indicators traders use to determine when altcoin season begins

It’s widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto

Cryptocurrencies

These are the least ‘stable’ stablecoins not named TerraUSD

The recent collapse of once the third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins’