BTC bounced in relation with FED's decision, but I don't think we can look too far for another bull market. On the other hand, the FED's speech just limited the downside. As FED is less aggressive to hike interest rate and intends to do Quantitative Tightening in longer time span. To be specific, QT will not immediately pull back liquidity in the system, but crypto market will also have no new fund support, at least for a while. On the bright side, crypto adoptions in many…
@Libliu in May 2022
Chelsea-Wolves is another exciting game. Two goals from Lukaku proved himself still valuable asset to Chelsea and it seemed 3 points should be in their pocket until Trincao made a nice shot to bring Wolves back in the game. Finally Wolves' captain Coady headed a last-minute equaliser to deny Chelsea victory. Sorry for Boehly, the new owner, but Wolves is always not easy for Big4.
Not looking good for Terra's UST. Even after LFG deployed 1.5 billion in reserve assets to support UST peg, the situation did not seem better, but UST still went down below $0.7. I'm getting worried, not just about the long-term stability of UST, but the short-term stability of Terra ecosystem. https://decrypt.co/99849/terra-stablecoin-peg-slips-despite-loan-bitcoin-reserves
I'm really worried about Terra ecosystem as we saw death spiral already happened. This reminds me of IRON case last year. However we had also seen several efforts to support UST, not only from LFG itself, but also from several alliances. Billions had been filled but now UST still cannot get back to $1 peg. On the bright side it might be their strategy not to get back to $1 peg too soon as people are waiting to sell off. Or else this could be a critical point for UST and…
Is this some kind of conspiracy to take down not only Terra, but the whole crypto ecosystem? There's rumor about Citadel (also heard of other WallStreet's investment firms) as the culprit of the UST depeg, while many VCs like Jump and Alameda might provide $2bn to help bail out UST, but it would not be of much help given that UST's market capitalization exceeds $16bn. Even if they can get the UST peg back to $1, the trust is gone. So at this point, we can officially say…
There are efforts to bring trust back to algo stablecoin. USDD (Tron) and DJED (Cardano) both claimed they were better than UST. The complex and advanced mathematics which seem to be a strength of Cardano assure DJED will not repeat UST failure. The detail of how DJED-ADA-SHEN algorithm work can be found anywhere, but noone knows the weak point until it is attacked and surely they won't present or simulate attacking scenarios to lure enemy. At this point we need a neutral…
EPL title is not completely gone for Liverpool. There's still a chance for quadruple champs; eventhough the chance is very little. However Liverpool's performance has a momentum, and especially "Luck". Miracle may happen at Anfield tomorrow.
Finally miracle did not happen at Anfield, but on the other hand, miracle did happen at Etihad Stadium. City really deserve the title after stunning THREE goal comeback. 0-2 became 3-2. What do you call it if it's not "Miracle"?
I noticed that tips did not go into my wallet immediately as before, but was pending at Noise.Cash. Do you know if there's any change with payment cycle?