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Tether backed by usd – USDT claims that most of its backing is in commercial paper, and connection to Celsius

There have always been questions about the true backing of Tether’s reserves, and rumours have claimed that 85% of its portfolio is held in Chinese and Asian commercial paper. On Wednesday, the company issued a statement denying these claims as “completely false” and so far, USDT has maintained its peg to the US dollar.  Contrary …

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Bitcoin price prediction june 2022 : BTC almost touches $20,000 amid fears of Celsius becoming insolvent and a general selloff

Over the past 24%, Bitcoin prices have fallen more than 5% after recovering some of the losses during the day. At some point, the price of BTC had dropped below $20,200 and was headed for the $20,000 mark not seen since December 2020.  The global crypto market has declined 5.32% according to CoinMarketCap over the …

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Tesla stock down – Tesla leads in crashes attributed to advanced driver-assist systems in the US

A report by the National Highway Traffic Safety Administration (NHTSA) showed that Teslas had the highest number of crashes caused by advanced driver-assist systems (ADAS). Of all reported cases, Tesla vehicles accounted for 70% of incidents while Alphabet’s Waymo had the most incidents involving autonomous vehicles.  The NHTSA report is the first of its kind …

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Stellantis US plants – Stock climbs as the company announces ‘indefinite’ layoffs at US stamping plant

Shares of the world’s fourth-largest automaker climbed nearly 3% today after announcing that it would begin laying off staff. The layoffs will start next week as early as June 20 at the Sterling Heights, Michigan stamping plant, which also happens to be the world’s largest stamping plant.  The Sterling Heights Stellantis plant has 2,184 employees, …

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TotalEnergies in Angola – Agrees to $850 million investment to launch new project in Angola

TotalEnergies along with other major oil and companies and Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) have agreed to a $850 Final Investment Decision (FID). The investment is aimed at increasing Angola’s oil production and taking advantage of the standardisation of subsea equipment.  The investment will launch the CLOV Phase 3 Project about …

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Smooth Love Potion Price Prediction – The Axie Infinity Currency

Smooth Love Potion (SLP) is the in-game digital currency of the Axie Infinity gaming metaverse. It allows the game’s players to breed Axies- collectible digital pets. Due to the rise in the overall demand for SLP tokens, they are now being traded on cryptocurrency exchanges such as Binance. What is Smooth Love Potion? Smooth Love …

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Bloktopia Price Prediction – The Revolutionary Crypto Metaverse

Bloktopia wants to close the gap between two worlds- the decentralized and the open-source virtual world. It will bring the world ofvirtual reality and the cryptospace. Revenue will be generatedfrom multiple income streams, including purchasing real estate,networking, and learning. Bloktopia will create a space where learning, earning, and playingcan take place simultaneously. What is Bloktopia? …

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