Analysis
The Ledger: How the Industry Went From Discussing Fairness to Accuracy – And Why it Matters
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. What a difference a decade makes. Ten years ago, most music industry conferences played like long, geeky arguments between technology companies that said they represented the future of the business and labels and publishers that wanted that future to involve getting paid. At one memorable SXSW panel, independent artists and small label owners seethed over their inability to get YouTube to permanently remove their music from user-generated videos. At MIDEM in 2010, a year before Spotify launched in the U.S., Americans heard horror stories from European executives about the platform’s minuscule royalty rates for ad-suppor...
Top DEX tokens to get on May 13
UNI, CRV, 1INCH, and SUSHI are some of the best DEX tokens that you can get on May 13. Each token has showcased an increase to its value within the last 24 hours. All of these tokens have the potential to increase in value by the end of May 2022. Uniswap (UNI), Curve DAO Token (CRV), 1inch (1INCH), and Sushi (SUSHI) are all decentralized exchange (DEX) tokens. On May 6, 2022, Enzyme announced its integration with Uniswap. On May 12, 2022, ParaSwap also posted a tweet about how $180 million were sent to Curve Finance. SushiSwap also announced how the Sushi 2.0 Proposal passed on Snapshot and is paving the road ahead. Then on May 13, 2022, 1inch Network announced the 1inch cumulative Merkle drop tool. All of these developments will contribute to the growth of these...
Best tokens you can buy during the market dip on May 12
Brazil’s Nubank will allow customers to buy Ethereum (ETH). TRON DAO Deploys $2 billion to protect TRX FTX burns $7.6 million worth of FTT. Justin Sun, the founder of Tron (TRX), made an announcement on May 11 that the TRON DAO deployed $2 billion as a means of protecting TRX following the crash of the Terra (LUNA) cryptocurrency. On May 11, 2022, the Brazilian fintech and banking app, Nubank, started offering capabilities powered by Paxos. Specifically, it allowed cryptocurrencies such as Ethereum to be bought on the platform. FTX burned a total of 7.6 million USD worth of FTT on May 11, 2022, as well. Should you buy TRON (TRX)? On May 12, 2022, TRON (TRX) had a value of $0.06894. The all-time high of TRON (TRX) was on January 5, 2018, when it reached $0.231673. At its ATH, the token...
Top tokens under $1 not to miss on May 11
TRX, MATIC, and CRO are some of the best tokens you can get under $1. Each project has undergone numerous updates and developments to make it stand out. They are all currently at an affordable price point and can climb much further in value going forward. On March 9, 2022, the Bitrue cryptocurrency exchange added the USDC cryptocurrency. What this means is that users can deposit and withdraw USDC on the TRON blockchain and mix and match ERC-20, TRC-20, and SPL USDC. On the same day, Meta (formerly Facebook) launched their digital collectibles powered by the Polygon blockchain. Select creators and collectors can now showcase their non-fungible tokens (NFTs) to a wider audience. On May 10, 2022, Cronos successfully upgraded its mainnet. Specifically, it upgraded to v0.7.0 “Huy...
Silence from Do Kwon says it all amid UST crisis
Do Kwon is the founder of Terra and the face of the ecosystem. He is also extremely active on Twitter, frequently discussing Luna, UST and the merits of the algorithmic peg. Tone Well, I say discussing, but it’s normally far from a discussion. He often takes a very aggressive line with accounts enquiring about the sustainability of the peg, the long-term viability of Anchor and many other (valid) questions about the experiment that is UST. 6/ On depeg risk – I’ve grown quite tired of arguing with idiots on Twitter on whether UST can remain stable in bear. So soon I will propose creating multi billion dollar reserves in decentralized assets (BTC and others) in an attempt to save myself time. More to follow. — Do Kwon 🌕 (@stablekwon) November 20, 2021 Yesterday, his UST stablec...
Cathie Wood says the bear crypto market could be nearing a close
ARK Invest’s Cathie Wood believes a bearish run for crypto markets could soon be over, as markets all over are now capitulating She predicted that the market cap of truly ‘disruptive innovation’ will exponentially grow to $210 trillion by 2030 CEO of asset management firm ARK Invest Cathie Wood remains unfazed over the long-term behaviour of cryptocurrencies despite the most recent downturn in the price levels of this asset class. Speaking during an appearance in a recent update of the Into the Know series, the ARK Invest chief explained that the increased co-movement between crypto-assets and the stock market, which has caused the current unimpressive run, is a sign that the bear market could be coming to an end. She said that a bear environment for crypto assets could soon tou...
What are the top social tokens waiting to take off? | Find out now on The Market Report
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the social tokens you should be keeping a close eye on. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as each makes his case for the top social token. First up, we have Bourgi with his pick of STEEM, the native token of the Steem social blockchain network, which rewards users for content creation. Its aim is to give back value to content creators who contribute on the platform. Although is ...
NFT platform tokens to bring your collection to the next level
The Sandbox (SAND), Axie Infinity (AXS), Theta Network (THETA), and Decentraland (MANA) are all tokens that have the potential for growth. Each of these projects specializes in the sphere of non-fungible tokens (NFTs) and has seen numerous updates. All of these tokens will likely see an increase in their value by the end of May 2022, and we are going to go over exactly how much. On May 4, 2022, we saw the announcement of Dubai’s Virtual Assets Regulatory Authority (VARA) into the open Metaverse. Specifically, it was announced that The Sandbox (SAND) would provide a responsible, creative platform that will empower individuals to own their IP and monetize their assets. The United States Treasury Department Office of Foreign Assets Control (OFAC) made an announcement that it would sanct...
Crypto.com community in uproar over slashed rewards
About time there was a bit of controversy in the cryptocurrency world, huh? Crypto.com, the industry behemoth that boasts over ten million users and four thousand employees, has found itself at the centre of a storm of criticism this week, as it decided to slash the rewards on its popular VISA cards. The blog post dropped Sunday evening and immediately caused uproar. What is Happening? Card rewards were cut down pretty drastically. Lower tiered users (Midnight Blue and Ruby Steel) get 0%, while the next ones up recoup only 0.5%. Even the top tier (Obsidian) were cut to just 2%. There will also be a monthly cap on awards to lower tiers at $25 to $50. Oh, it gets worse. Staking awards were also reigned in. Once the 180-day period for all those who staked before the announcement ...
Ethereum “Flippening” debate to resurface post-Merge?
Once upon a time in crypto-land, the word “Flippening” was brandished about daily. The term is slang for the much-discussed possibility of Ethereum “flipping” Bitcoin’s market cap, and hence becoming the world’s biggest cryptocurrency. But recently, there has not been as much talk about a new King, as the below Google Trend data for the search term “Flippening” shows. Regarding the price action, 1 ETH is now worth 0.06 BTC, having been close to 0.09 BTC before Christmas. As has become customary in the crypto markets, Bitcoin has held up better than its smaller counterparts, as the entire market has wobbled in 2022. However, the scale of ETH’s decline, denominated in Bitcoin, is indeed surprising, and steeper than we had seen for most of the pandemic bull run. Bitcoin Strength However...
Jumping early on these gamefi tokens can yield high returns
The Sandbox (SAND), STEPN (GMT), and Gala (GALA) are some of the best gamefi tokens that you can jump into. Each token has showcased high levels of growth. All of these tokens have the potential to reach new heights. The Sandbox (SAND), STEPN (GMT), and Gala (GALA) are all solid gamefi tokens. Dubai virtual asset regulatory authority VARA announced its Metaverse debut within The Sandbox. This marked the first time a crypto regulatory authority made its presence within the metaverse by launching its virtual digital headquarters. On May 3, STEPN also posted its success story on Twitter, which drove additional interest in the project. Gala Games announced their May Mayhem, which brings rewards, non-fungible tokens (NFTs) as well as other benefits. We will be going over e...
May’s top lineup of metaverse tokens you shouldn’t miss
The metaverse and non-fungible token (NFT) sphere of the crypto space boomed in popularity as Yuga Labs, the team behind the Bored Apes Yacht Club, sold 55,000 NFTs and made $561 million through the primary mint and the secondary sales. This has led to a lot of hype and interest surrounding metaverse tokens. As such, today, we are going to go over why these metaverse tokens are worth buying on May 2: ApeCoin (APE), Render Token (RNDR), Illuvium (ILV), and Radio Caca (RACA). Should you buy ApeCoin (APE)? On May 2, 2022, ApeCoin (APE) had a value of $16.19. When we go over the APE performance from last month, On April 7, 2022, APE had its lowest point of value at $10.65. The token’s all-time high was on April 28, with a value of $26.70. This marked an increase in value of $16...
