☄️Circle is launching a euro-based version of its popular USDC stablecoin, which has been gaining traction after its closest rival Tether has come under increased scrutiny

Euro Coin -- EUROC -- will be available June 30 to institutional customers as a regulated, euro-backed stablecoin, issued under the same full-reserve model as USDC, Circle said in a statement Thursday.

https://www.bloomberg.com/news/articles/2022-06-16/as-usdc-stablecoin-gains-momentum-a-euro-version-is-on-its-way?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic

📉Bitcoin falls below $20,000 for the first time since December 16, 2020

There is very little time left, have time to ask your question and win valuable prizes!
✅ AMA Announcement - MetaOasis:
On Monday 20 June at 03:00 AM UTC we will be hosting an AMA with Heid Chueng – CEO of MetaOasis.
MetaOasis is a futuristic, sci-fi-themed multiplayer online game.
Venue: @Bulk_Republic
The four best questions will receive a reward of $25!
In order to participate you need to:
- Join the MetaOasis chat
- Follow MetaOasis Twitter
- Follow MetaOasis Discord
- Follow Bulk Twitter
- Join Bulk RePublic (RU) chat
and/or Bulk Nation chat (ENG)
Fill out the simple form.

Among all the participants who asked questions, we will also give away 50 MetaOasis NFT purple Power Badges!

➡️Glassnode: miners have moved from BTC sales to accumulation

🐻The current bearish trend in BTC against the previous ones..

The current fall in BTC so far fits into the "normal" behavior

✅Santiment : fewer bitcoins on exchanges, more and more stablecoins = bullish factors

- #BTC supply on centralized exchanges remains comparatively low (at 3.5 year lows) = less overhang for possible future selling on exchanges

- at the same time, the #USDT supply on exchanges is growing rapidly (at a maximum in more than 2 years) = presumably more fuel for future purchases of crypto on exchanges

💰Tether To Launch GBP₮, Tether Tokens Pegged to the British Pound Sterling

GBP₮ will join four other fiat-currency pegged tokens Tether has in the market: the U.S. dollar-pegged USD₮, the Euro-pegged EUR₮, the offshore Chinese Yuan-pegged CNH₮, as well as the recently launched MXN₮, the Mexican Peso-pegged stablecoin

https://tether.to/en/tether-to-launch-gbpt-tether-tokens-pegged-to-the-british-pound-sterling/

🏦Shopify #SHOP has already started implementing ecommerce for crypto on Twitter

https://www.shopify.com/editions/summer2022#twitter-shopping

⏰ The AMA recap with MetaOasis can be found on our Medium page.
The winners' handles are listed at the bottom of the article.

📉😱 MEXC has released the most incredible hairpin of all time

💣Ethereum fork a success as Sepolia testnet gears up to trial the Merge

The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind.

According to Etherscan, the Gray Glacier hard fork was initiated on block number 15050000 at roughly 6:54 am ET, June 30. The hard fork will now delay the difficulty bomb by roughly 700,000 blocks or 100 days, giving devs until mid-October to complete the long-awaited Merge.

https://cointelegraph.com/news/ethereum-fork-a-success-as-sepolia-testnet-gears-up-to-trial-the-merge

📉Bitcoin registered its worst decline in 11 years during the second quarter amid the crypto market downturn.

Following the turbulence of May and June, the 56% drop was its worst quarterly drawdown since the third quarter of 2011.

https://www.theblock.co/post/155035/bitcoin-registers-its-worst-quarter-in-11-years-amid-crypto-market-tumult?utm_source=rss&utm_medium=rss

✅Cardano’s Vasil hard fork proposal submitted: Countdown commences

Cardano Blockchain developer Input Output Hong Kong (IOHK) has submitted an updated proposal to hard fork the Cardano testnet, kicking off the countdown for the network’s Vasil mainnet upgrade.

The Vasil upgrade is slated to bring “significant performance and capability upgrades” to the blockchain, with IOHK describing the fork as the “biggest and best upgrade to date,” providing higher throughput, improved noscript performance for developers and lower costs.

https://cointelegraph.com/news/cardano-s-vasil-hard-fork-proposal-submitted-countdown-commences

❗️Glassnode: The BTC index enters a historically extreme zone that is usually associated with a bottom. But where the bottom actually is not yet known...

🔥 Ledger integrates FTX services into the 'Swap’ section of their app

The service offers users the ability to exchange 120+ crypto assets with lower fees, self-custody and world-class security.

https://twitter.com/Ledger/status/1544706168026763264?s=19

❗️The Ethereum 2.0 upgrade is one of the most anticipated, and most watched events in the digital asset industry. The transition from the current Ethereum consensus mechanism of Proof-of-Work to Proof-of-Stake is a major technical and engineering feat.

👀Glassnode review on ETH 2.0:

https://insights.glassnode.com/market-pulse-eth-stakers-underwater/

🔍 Cryptocurrency exchange KuCoin has released a quarterly report on the company's achievements. Keys:

▫️trading volume in the first half of 2022 was the maximum - $2 trillion (record per day - $34 billion). 180% YoY growth in 2021;
▫️9.75 million new users (+219%);
▫️400 new employees (total ~1000);
▫️137 cryptocurrencies have been added to the listing. The total number of supported assets has exceeded 700.

https://www.kucoin.com/blog/kucoin-in-2022-h1-review

⚙️ New features implemented on our platform:

- "Transactions" section – you can now find the contribution Txhash and amount contributed under the deal denoscription (only the case for the deals you participated in).

- Email transactions notification:

° Notification is sent automatically to the mail stated in your Profile once a contribution transaction is executed. The notification contains the following information: project name; contribution; Txhash; contribution amount; token price; vesting conditions; deal denoscription.

° The notification can be duplicated using the “Resend Email Notification” button. The duplicate function can be used in case you want to receive information about the old deals you participated in on your email.

- Deal sort function: alphabetically and by date.

- Button "Log support ticket" - now support tickets can be logged directly through the platform.

- Button "Suggest project" - suggest a project in which you would like to invest.

✅The Federal Reserve Bank of Cleveland published an article about the Lightning Network and how it significantly improves the efficiency of BTC in payments

THE LIGHTNING NETWORK: TURNING BITCOIN INTO MONEY

https://www.clevelandfed.org/en/newsroom-and-events/publications/working-papers/2022-working-papers/wp-2219-the-lightning-network-turning-bitcoin-into-money.aspx