Yesterday In Crypto - June 23 2022
16 terms every VC knows but most investors don't, The Federal Reserve’s stated goal is to get inflation back at 2%, ProShares Bitcoin short strategy ETF (BITI) trades over 870k shares, 35 million.
🌐 GM or GN depending on what part of the planet you’re reading from. This is today’s edition of Yesterday In Crypto where we go over the most notable and interesting things in crypto over the last 24 hours.
Our goal is to give you a birdseye view of the crypto market and blockchain space in the past 24 hours without taking up hours of your time. You should make it through in less than 5 minutes.
🔑 Highlights In This Edition:
💡 - 16 terms every VC knows but most investors don't
🏦 - ProShares Bitcoin short strategy ETF (BITI) trades over 870k shares, 35 million in value, on the second trading day
🔮 - The Sports Stars Who Have Suffered The Biggest Salary Losses
📊 Crypto Market Stats
Market Cap: $949,457,553,300
BTC Dominance: 41.15%
24h Volume: $131,334,251,112
BTC/USDT on Binance [1D]
📊Total Orders: 1,355,293
📈Buy Orders: 670,253
📉Sell Orders: 685,040
🔥Buy Volume: 922.61M USDT
🔴Sell Volume: 941.25M USDT
Sellers in Control 🐻
Chain - TVL Change Leaderboard(1 day)
Solana Change: +3% TVL: 2633M
Polygon Change: +1% TVL: 1678M
Avalanche Change: +0% TVL: 2661M
Cronos Change: +0% TVL: 1116M
Ethereum Change: +0% TVL: 46554M
BSC Change: --1% TVL: 5895M
Tron Change: --1% TVL: 4048M
📿 I Wear Your NFT (Coming Soon)
Do you remember the “I Wear Your Shirt” project years ago? It was before its time.
We were inspired by the idea and decided it would be a really cool way to showcase NFT projects so we are getting things ready for I Wear Your NFT. We know you are gonna love it.
📰 Trending Headlines
University of Cincinnati adds teaching Bitcoin and crypto to curriculum
22 minutes ago via finbold.com➡️
#1017 Max Keiser On Helping A Nation Build On The Bitcoin Standard
1 hour ago via blockworksgroup.io➡️
China identifies use of crypto in drug trafficking as new phenomenon – report
1 hour ago via finbold.com➡️
Buying $100 of SHIB every 14 days for a year would have lost you over $500
1 hour ago via finbold.com➡️
Bank of England says crypto crash survivors could grow to rival Amazon
1 hour ago via finbold.com➡️
🧵Crypto Tweets & Threads
The Federal Reserve’s stated goal is to get inflation back at 2%
The release of Core
Sam, FTX & Alameda recent moves
Here are 16 terms every VC knows but most investors don't
📈 Top Gainers/Losers in the Top 100
Gainers in Top 100 (24h) 📈
Polygon - $MATIC | 7.47% - $0.455
Uniswap - $UNI | 6.03% - $5.02
Cosmos Hub - $ATOM | 4.86% - $7.19
The Sandbox - $SAND | 4.11% - $0.949
LEO Token - $LEO | 2.76% - $5.73
Losers in Top 100 (24h) 📉
Celsius Network - $CEL | -17.49% - $0.925
Filecoin - $FIL | -10.06% - $5.53
Aave - $AAVE | -9.10% - $62.55
Shiba Inu - $SHIB | -9.03% - $0.00000968
Holo - $HOT | -8.67% - $0.00211
🔎 Trending Search on CG
4.) Voyager VGX ($VGX) | 206
5.) Celsius Network ($CEL) | 98
7.) AssetMantle ($MNTL) | 836
📙 Must-Reads From Around The Web
Crypto Broker Voyager Digital Says Three Arrows Capital Hasn’t Repaid $666 Million in Loans
Crypto broker Voyager Digital said it may issue a notice of default to Three Arrows Capital Ltd. if the crypto hedge fund fails to make a loan repayment by June 27. Voyager Digital said it lent 15,250 bitcoin and $350 million in USD Coin to Three Arrows Capital.
The company initially asked for a repayment of $25 million USD Coin by June 24 and then asked for the entire balance to be paid by June 27.
These loans amount to $666 million based on bitcoin's current price.
MicroStrategy CEO Michael Saylor compares crypto to early oil industry
MicroStrategy CEO Michael Saylor continues to have faith in bitcoin and compared the recent crypto crash to the early days of the oil and car industries.
Bitcoin has plunged more than 70% from its all-time high of $69,000 last fall, resulting in paper losses of over $1 billion for MicroStrategy, which holds about 129,000 bitcoin.
Saylor has been a loud proponent for bitcoin, pushing MicroStrategy to be one of the largest public holders of the asset.
📊 Chart of The Day
Thursday is upon us! See you tomorrow for the Friday wrap-up of this short week.
Long Live The Blockchain,
Cryptopher Columbus
What did you think of today’s edition? tap the emoji that corresponds with your feels…
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