Hey DEFI TIMES community,
Q2 has been a crazy quarter. We’ve seen everything from insane price pumps, market crashes, to meme coin hypes.
However, despite the recent price crash, Q2 was one of the best quarters crypto has ever experienced. Why? Ryan Selkis describes this in his recent Twitter thread.
1/ I've never been more excited for the future of crypto than I am right now.
Q2 has been a bit of a shitshow, but that doesn't take away most of the progress that's been made. 👇
11:53 AM · Jun 26, 2021
206 Reposts · 1.28K Likes
Q2 had amazing milestones we never imagined to happen during the past years:
3/ We had major milestones like the Coinbase IPO.
Wall Street started to seriously initiate coverage on bitcoin and other top assets.
More institutional managers went from 0 to 1 - directly or via mammoth investments to crypto VCs like a16z.
11:57 AM · Jun 26, 2021
4 Reposts · 128 Likes
Of course, there were also pretty negative events in Q2 - as the China FUD. Or was it really negative?
Well, China banning Bitcoin has been a long-awaited event. We have been expecting it for years. China’s uncertainty has been a continuous source of FUD, which has been completely eliminated - for now!
In fact, miners leaving China have also increased the overall environmental friendliness of Bitcoin mining - some of the dirtiest mining was happening in China.
4/ Bitcoin ran into two headwinds that were arguably healthy (THIS IS ACTUALLY GOOD NEWS).
1. The ESG stonewall
2. China bans bitcoin
Both were meaningful de-risking evenet for the entire ecosystem, and we made it through unscathed.
11:59 AM · Jun 26, 2021
8 Reposts · 169 Likes
Q2 was one of the best months in crypto’s history so far.
It’s only up from here?
Subscribe to our newsletter to level up your crypto game!
German law could bring as much as $415B Into Crypto! 🔥
Read more! 👇
defitimes.io
New German Law Could Bring $415B Into Crypto - DEFI TIMES
3:17 PM · Jul 1, 2021
9 Likes
New German crypto law could bring as much as $415 billion into the crypto industry.
. doesn't think is a good investment!
Read here! 👇
defitimes.io
Jack Dorsey Still Doesn’t View ETH As A Good Investment - DEFI TIMES
5:16 PM · Jul 1, 2021
2 Likes
Jack Dorsey remains an ETH skeptic - even though Twitter released NFTs on Ethereum!
BREAKING: raised $12 million in a funding round led by !
Read here! 👇
defitimes.io
Nansen Raises $12 Million from Andreessen Horowitz - DEFI TIMES
8:16 PM · Jun 29, 2021
3 Likes
Nansen, a popular blockchain analytics platform, has raised $12 million in a funding round led by a16z.
BREAKING: introduces USD deposits! 🔥🚀
defitimes.io
Crypto.com Introduces USD Deposits And Withdrawals! - DEFI TIMES
9:00 PM · Jun 28, 2021
5 Likes
Crypto.com has enabled USD deposits!
Hermez Network @hermez_network
📱 The Hermez Mobile wallet is now live For iOS and Android!
Read all about this important release here 👇
blog.hermez.io
The Hermez Mobile Wallet Is Now Live For iOS And Android
10:50 AM · Jun 30, 2021
17 Reposts · 48 Likes
Hermez Network has released its first mobile wallet for users. It lets mobile users easily transfer tokens on layer 2.
Lyra is now live on the Optimism Kovan Network, the Layer 2 scalability solution from the team!
blog.lyra.finance
Lyra Testnet
12:00 AM · Jul 1, 2021
29 Reposts · 169 Likes
Options AMM protocol Lyra launched on Optimism Kovan testnet. It will host a trading competition starting in about two weeks.
Kadirski ⛓ | FinTech | $MATIC to $10 @kadirrr61
Finally! supports the network. heard the voice of our big community $MATIC
8:27 PM · Jun 29, 2021
101 Reposts · 551 Likes
Binance now supports Polygon deposits!
Coinbase News @CoinbaseNews
🤩4.0% APY on USDC!🤩
USD Coin is a safe and secure stablecoin that's backed by the US dollar. Soon, eligible users will be able to earn 4.0% APY on their USDC, which is pretty great if we say so ourselves.
Pre-enroll now →
5:51 PM · Jun 29, 2021
246 Reposts · 1.38K Likes
Coinbase has added a USDC savings product that earns users 4% APY upon USDC deposits.
Compound Labs @compoundfinance
We're proud to announce Compound Treasury, designed for businesses and financial institutions to access the benefits of the Compound protocol.
The idea is simple: a fixed 4% APR on US dollars, with daily liquidity and none of the complexity of crypto.
medium.com
Announcing Compound Treasury, for Businesses & Institutions
7:11 PM · Jun 28, 2021
245 Reposts · 1.32K Likes
Compound Treasury launched for businesses and institutions to access DeFi - It offers 4% APR on USDC.
DISCLAIMER: All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article's content solely reflects the opinion of the writer, who is not a financial advisor.
Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.
