Follow us on:


Cheeky Crypto Podcast Rebrands to Cheeky Crypto Uncensored, Discusses Market Trends and Regulatory Developments

In this article, we will discuss the recent rebranding of the Cheeky Crypto Podcast channel to Cheeky Crypto Uncensored. We will also look at some of the notable news in the crypto space, including market trends and regulatory developments.
Cheeky Crypto Rebrands
Cheeky Crypto has recently rebranded to Cheeky Crypto Uncensored. The channel will still be available on podcast services, but the focus will be on video content, such as interviews and discussions on various topics related to cryptocurrency.
The rebranding is a natural progression for Cheeky Crypto, as the channel has always been focused on providing high-quality content to its viewers. The move to video will allow the channel to reach a wider audience and provide a more engaging experience.
Notable News in the Crypto Space
In addition to the rebranding of Cheeky Crypto, there have been a number of other notable news stories in the crypto space in recent days.
The total global crypto market cap stands at $1.05 trillion, with a 0.4% increase in the last 24 hours. Bitcoin’s price remains around $26,148.65.
Market analysis suggests upcoming volatility with potential upward and downward movements.
Visa and MasterCard have distanced themselves from Binance, impacting brand perception but likely not significantly affecting the exchange’s performance.
Concerns arise over Biden’s proposed crypto tax reporting rules, with some prominent figures suggesting they could discourage crypto business in the US.
The UK is considering a blanket ban on crypto investment cold calls to combat scams and protect investors.
Cardano Catalyst Testnet Launch
One of the most significant developments in the crypto space this week was the launch of the Cardano Catalyst testnet. The Catalyst testnet allows active participation in testing new features for the Cardano blockchain.
The launch of the Catalyst testnet is a major step forward for Cardano and could help to accelerate the development of new projects on the blockchain.
Stablecoin Value and TVL Dominance
Another notable development in the crypto space this week was the rise in the value of stablecoins. Stablecoins are cryptocurrencies that are pegged to a fiat currency, such as the US dollar.
The value of stablecoins has risen by 34.9% quarter on quarter and 3821.1% year to date. This is due to a number of factors, including the increasing adoption of cryptocurrencies and the growing demand for stablecoins as a way to store value.
The rise in the value of stablecoins has also led to an increase in their total value locked (TVL). TVL is the total amount of cryptocurrency that is locked up in DeFi protocols.
In the last 6 months, new projects and protocols created within the last 6 months account for 47.4% of TVL dominance. This suggests that the DeFi space is still in its early stages of development and has a lot of potential for growth.
Cardano TVL Dominance
Cardano has also seen its TVL dominance increase in recent months. Cardano has risen from the 34th to the 21st position in TVL rankings across all chains.
This is due to a number of factors, including the launch of the Catalyst testnet and the growth of stablecoins on the Cardano blockchain.
DeFi Sector Growth
The average daily transactions in the decentralized finance (DeFi) sector increased by 49% quarter on quarter. This growth is being driven by the increasing adoption of DeFi protocols and the growing demand for decentralized financial services.
Cardano TVL Dominance Supported by Stablecoins and New DeFi Protocols
Cardano’s TVL dominance is supported by the growth of stablecoins and new DeFi protocols, particularly Indigo. Indigo is a DeFi protocol that allows users to lend and borrow cryptocurrencies.
The launch of Indigo has helped to increase the demand for stablecoins on the Cardano blockchain. This has led to an increase in Cardano’s TVL dominance.
Liquidations Following Crash in Ada’s Value
A spike in liquidation occurred following a crash in Ada’s value on June 10th. This was due to a number of factors, including the overall sell-off in the cryptocurrency market and the liquidation of long positions on Binance.
The liquidations led to a decrease in the price of Ada, but the market has since recovered.
These are just some of the notable news stories in the crypto space in recent days. The space is constantly evolving,

Leave a comment

Your email address will not be published. Required fields are marked *