#market

The Coinbase exchange presented its own "second layer", which will be called Base. The network is built in cooperation with Optimism. Welcome to the testnet, where you can test the development of new dexes, wallets, NFTs, landings, and more. The project's goal is ambitious: to push the industry to 1 billion users.

The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course). Key takeaways from Arthur Hayes' post: 📌 S&P500 is up 40% in 3 months; 📌 Fed balance sheet will drop $100 billion every month; 📌 The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation; 📌 When the money runs out (sometime in July), Congress will vote to increase the debt ceiling; 📌 The market will end up flooded with unbacked debt liabilities; 📌 The world's banks will be forced to resort to printing more money (this process has already begun). "The party has begun!", Arthur concludes.

More than $100 million will be set aside to assist developers who use AI in blockchain applications. TRON is offering grants to teams representing the following areas: • e-commerce; • currency settlement; • data management; • market and investment analysis; • content generation. Content generation? But everyone is aware that Gagarin News is the leader in content generation! Therefore, even if Justin Sun gives us $20 million, we won't vanish!