Circle’s USD Coin is silently closing the gap to Tether

Hello everyone! The global crypto market cap is $1.77 trillion with a 24-hour volume of $68.32 billio

CryptoSlate Newsletter @cryptoslate

Hello everyone! The global crypto market cap is $1.77 trillion with a 24-hour volume of $68.32 billion. The price of Bitcoin is $38,558.38 and the BTC dominance is at 41.3%.

Circle's USD Coin is silently closing the gap to Tether Tether's dominance as the largest stablecoin in the crypto space is quietly being eroded by the growth of Circle's USD Coin (USDC), which now controls around 30% of the stablecoin market. cryptoslate.com

Entering the era of decentralized video streaming with Theta Network On the heels of new partnerships, the Theta ecosystem continues to expand, attracting new video content distributors, creators, and users. Leveraging a next-generation end-to-end infrastructure for decentralized streaming, Theta enables media and entertainment companies to improve video delivery at lower costs, while expanding their reach–boosting views and user engagement through token incentives. cryptoslate.com

Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide? During the budget session, India's Finance Minister Nirmala Sitharman announced crypto income will be taxed at 30%, along with a string of strict conditions. cryptoslate.com

Why the SEC is investigating these crypto lending firms Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC). High-interest rates attract regulators attention Sources close to the matter revealed that this isn't a specific investigation into these companies. cryptoslate.com

"Green" NFT platform OneOf enters a label-wide partnership with Warner Music Group NFT platform OneOf recently announced entering a preferred partnership with Warner Music Group (WMG) to create exclusive NFTs for the American record label giant. cryptoslate.com

3 Reasons for Optimism's Slow Development Ethereum is now the undisputed king of chains, but its transaction congestion and high fees make it nearly impossible to use. cryptoslate.com

Meet female artists building on Singular, the NFT platform built on Kusama If you ever wondered where NFT artists find their inspiration, or what the key ingredients are for launching a successful NFT collection, keep reading, because Lady Kusama (Rachel), Yumi (Diana), Kate, and Marlua will bring you up to speed. cryptoslate.com

Litecoin's long-anticipated MWEB Upgrade is released After working on development for almost two years, Litecoin is finally launching the MimbleWimble protocol which will dramatically enhance the network's fungibility and scalability. cryptoslate.com

MicroStrategy to hold second edition of Bitcoin for corporations The corporate Bitcoin whale, Microstrategy, holds the second edition of its Bitcoin for Corporation conference. MicroStrategy plans Bitcoin conference 2 The conference will be a virtual event where the NASDAQ listed company will educate corporate institutions on integrating crypto into their operations. cryptoslate.com

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