Friday, June 2, 2023
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Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash

Bitcoin, the most liquid and the biggest digital asset, remains an anchor for the broader market. That means price rallies in alternative cryptocurrencies, referred to as pumps on Crypto Twitter – the social network's vocal, frequently pseudonymous commentators on the industry, are often taken to represent market froth. Original Source

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Cosmos’ ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security

According to Emperor Osmo, a writer from Cosmos-based automated market maker Osmosis, interchain security could lead to reduced supply of ATOM, as stakers will receive multiple staking rewards from every chain using the share security feature. That, in turn, could boost staking, sucking out coins from the market. Source

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