Fed’s policy has never been this tougher in the entire history of digital currencies
The U.S. Federal Reserve’s monetary policy has taken a toll on the digital asset industry, as observed in the sharp drop in retail activity and space participation.
Articles By Raja Zuberi:
Why did ‘crypto’ go risk-on from risk-off?
The risks of investing in the digital currency industry remain high as Fed continues to tighten its policies to counter inflation, while fear spreads among potential investors caused by manipulative platforms.
Goblin Town—Meme becomes a reality as everything continues to fall apart
If a decentralized stablecoin can crash and take billions of digital currency market capitalization due to "fear," it is hard to imagine what a centralized stablecoin crash could do to the industry.
Metaverse and NFTs are cool, but they’re way too overhyped
Fed’s monetary policy initiated crazy trends during the last few years. Similarly, metaverse and NFTs gained fame in the last couple of years, with many irrelevant projects attracting big investments.
Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether
UST, originally created to withstand up to 91% of the decline in value of LUNA (according to Terra white paper), has now deviated from its core goals of remaining safe and solid.
Nayib Bukele, BTC, and El Salvador’s treasury—recipe for disaster?
Nayib Bukele believes that forcing people to accept and use BTC will lower El Salvador’s dependence on U.S. monetary policy, as the dollarization of the nation makes it heavily dependent upon USD.