Crypto-Analysis

The protracted decline in the value of BTC and other cryptocurrencies makes many experts talk about a new crypto winter approaching. But that might just depend on the outlook: If we choose a different point of view, those concerns will seem rather unfounded. On the night of May 10, the quotes of the first cryptocurrency…

Last year, Cuba became only the second country in the world (after El Salvador) to allow the use of cryptocurrency as legal tender. And going one step further, it legalized all virtual assets at once. Eight months have passed since then, so let’s see where the project is now. Since September 15, 2021, Cubans could…

On May 7, the European Commission (EC), or, more precisely, its division called the Directorate-General for Financial Stability, Financial Services and Capital Markets Union, published a fascinating document called European Financial Stability and Integration Review 2022. Two-thirds of it was dedicated to DeFi, and having examined it, the author of these lines got the impression…

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday – Sam Kessler and Sage D. Young analyzing on CoinDesk. The Terra money machine collapsed almost entirely Wednesday. The UST stablecoin remains deep in the sub-dollar doldrums for the third day running, and LUNA,…

The ubiquitous USDT and USDC stablecoins seem to be facing more and more aggressive young challengers. So let’s take a look at the so-called algorithmic stablecoins, as well as stablecoins backed exclusively by cryptocurrencies, to try and understand the situation in the market. The introduction of the Tron network’s USDD on May 5 was an…

Tron founder Justin Sun kept his promise and introduced the project’s own algorithmic stablecoin, designated USDD. The unique thing about the new token is that it is backed entirely by cryptocurrency. There seems to be a new trend going around. The moment Terra launched its UST stablecoin (having issued over $18 billion), the Tron blockchain…