The Polygon MATIC Network buy of the day is $FISH, which is the native token of the polycat.finance AMM.
Polycat Finance (FISH) is the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary token model. It is a value-oriented, economically sustainable hybrid yield aggregator on Polygon.
$FISH is trading at $13.61 at the moment.
#shorts
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The collapse of Silicon Valley Bank (SVB) has caused chaos for USDC. Ethereum gas fees are through the roof. USDC has lost it’s peg and is collapsing. Investors are scrambling to move USDC onto exchanges. What’s behind the bank run on USDC? The failure of Silicon Valley Bank, the 16th largest US bank, and the second crypto-linked bank to go under this week. The crisis has gone into high gear. Treasury Secretary Janet Yellen has convened top financial regulators to discuss the collapse of SVB. The USDC stablecoin, which is designed as a safe place for investors to park their money, massively depegged from its intended $1 price, sinking as low as $0.82 on Binance US at 11:30 p.m. Friday night.
See my latest blog post: USDC vs USDT: A Deep Dive into the World of Top Stablecoins https://blog.bitfolio.academy/coins/stablecoins/usdc-vs-usdt-a-deep-dive-into-the-world-of-top-stablecoins/
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The first thing that makes Bitcoin unique is its dominance. In late 2020, Bitcoin dominated the cryptocurrency marketcap with 79 percent of the total crypto market. At the present time, BTC dominance is 46 percent, but BTC is still considered the reserve currency of the crypto sector.
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This material is provided for educational or informational purposes only and is subject to change without notice. This presentation does not constitute, either explicitly or implicitly, any provision of services or products by Bitfolio.biz. All statements made regarding companies, securities, coins, tokens or the like are strictly the points of view held by Bitfolio and David. David is not a financial advisor, nor a broker-dealer, and he is not providing financial advice. Bitfolio.biz assumes no responsibility to update any forward-looking information contained in this presentation. Bitfolio.biz and its clients may (but do not necessairly) have financical interestes in securities or issues that are discussed, but Bitfolio does not guarantee the accuracy or completeness of any information herein. Investors should consult their financial adviser before investing in cryptocurrency.
This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research purposes. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for educational purposes.
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https://www.youtube.com/watch?v=Y-leVXtFkiM
BlackRock, the world’s largest asset manager, has just vaulted over a mind-boggling $10 trillion in assets under management. And guess what? This titan of finance is wagering big on the future - a future where crypto isn’t just a player, but potentially the name of the game.
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Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
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The crypto market has taken a 5% hit since the beginning of the week due to the destructive actions of the SEC. After their enforcement action against the world's largest crypto exchange, Binance, the BNB coin has subsequently dropped 10%.
Gary Gensler and the SEC are doing their utmost to reduce, weaken, and destroy the crypto industry with no regards to the hundreds of thousands of people that are able to grow their wealth with digital assets. He believes that people must stick to Wall Street stocks and exchanges, declaring any alternative investments 'illegal and a risk to the status quo'.
Today, Coinbase, the largest US crypto exchange, found itself in the SEC's crosshairs. The filing of a lawsuit from the SEC claims that Coinbase is operating an unlawful exchange and selling illegal securities.
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Crypto Sherpa ?
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Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
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https://www.youtube.com/watch?v=PdaKbDS9LvA
We are seeing an economic slow down in the US, in Europe and in China.
The stock market has had its worst first half of the year since 1962. The S&P 500 is down 20%, and the Nasdaq is down 30%.
The crypto markets have had their worst quarter since 2011. The three arrows capital hedge fund has failed, Celsius has failed, Voyager has failed. BlockFi has been purchased for roughly $250 million.
With all of the bad news, is there any good news? Well, if the Fed sees signs of recession, perhaps the Fed will ease off in July. If that happens, August could see a resurgence in asset prices.
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https://www.youtube.com/watch?v=MrUOhaPVlEE
UK inflation hit another 40-year high at 10.1% in July. This was up from 9.4% in June.
Food prices were the biggest cause, but gas and energy costs were a close second. The Bank of England is forecasting 13% in October with energy prices leading the way.
What does this mean for you and me? It means that our money is melting.
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This month, my gift to you is a free, five-day yield farming challenge that begins on June 19th. To register, go to bitfolio.biz/5days
Have you been wanting to learn how to do DeFi yield farming? Now is your opportunity to challenge yourself. I'll walk you step by step, I'll give you all the coaching that you need. Registration for my free challenge closes soon. So, don't miss this opportunity to learn how to do DeFi yield farming.
For this challenge, we are going to be using the Tron network. And, we will be earning interest on USDD.
The live, Zoom Q&A session is Sunday, June 19, at 5:00 p.m. eastern time.
Don't miss out on this opportunity. Registration closes soon.
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https://www.youtube.com/watch?v=AdqhyBz7WTM
A global recession is highly likely!
The Fed will remain hawkish!
Global instability in financial markets!
Markets will bottom!
Fighting the recession will be the big story!
Pressure on the Fed to pivot!
A shrinking US economy!
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#prediction #recession #thefed #howtoinvestinstocks #enconomy #news #market
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