Archive July 2023

Tether, the USDT stablecoin issuer, has taken the decision to freeze $2.5 million in USDT due to its connection to an alleged hack of the Multichain interchain router protocol. Tether thus aims to protect the funds involved and prevent any potential misappropriation or unauthorized access.

Ripple Labs, the company specializing in digital payments and blockchain technology, is undertaking a groundbreaking initiative to transform the real estate sector through tokenization. The move will allow users to tokenize their real estate assets and use them as collateral for loans using Ripple's CBDC platform.

BTC continues to hold in the $30,000 to $31,000 range. Large investors seem to remain optimistic and continue to accumulate. The long-term price trend for bitcoin (BTC) remains bullish, although a new DIP cannot be ruled out. Short-term selling could be attractive.

The Cardano team periodically shares data on the progress of its projects. For the week of July 3, updates focused on blockchain core technology, smart contracts, wallets, scaling and also education. Close-up!

A few weeks ago, asset manager BlackRock filed a Bitcoin ETF application with the SEC. The procedure had far-reaching consequences for the crypto market. Effects that are still being felt today.

Central banks continue to accumulate gold. Geopolitics and inflation redefine the rules of the game.

With the US CPI due for release on July 12, Bitcoin (BTC) and Ether (ETH) are stabilizing, raising investor expectations. The previous month, these two cryptocurrencies soared in response to this economic indicator. Could this trend be repeated this month?

The European Central Bank is working on the upcoming launch of new banknotes. The financial institution considers the project important enough to involve Europe's citizens.