It is not news that investment assets, such as stocks and cryptocurrencies, are facing their biggest challenge as the effect of helicopter money fading off slowly. The market in 2022 is not friendly to all long-term investors. No matter you are an intelligent investor that holds fundamental stocks like Microsoft and Nvidia, or a believer in the long-term prospect of bitcoin, you are probably suffering financial loss if invested any time between January to May this year. 40 out of 145 large listed companies, which market value is more than US$100 billion, have a positive year-to-date (YTD) return as of the time of writing. That’s a pathetic 27.6% and mind you, those are world-class companies with good businesses and fundamentals, not some penny stocks you have seen in The Wolf of Wall Street.
If these Fortune 500 companies are not having a good return, how about crypto-related listed companies? I can say pretty much all of them follow bitcoin’s price movement. As you already knew bitcoin price plummeted more than half from its opening price this year, and so do the crypto companies. Here the list goes.
Written by: [Coinlive] Nell
Hamster Kombat, a tap-to-earn game on Telegram, has attracted 200 million players globally, sparking both hope for income in Iran and concerns over its impact on society and politics.
AnaisTouted as the "next generation meme token", BorpaToken aims to distinguish itself from low-quality, quick-turnover meme coins by committing to high standards and longevity. With the TGE on 27 June, BorpaToken aspires to revolutionise the meme coin space. But will it take the meme coin world by storm or be the ultimate con?
CatherineMapleStory Universe integrates blockchain technology into the beloved MMORPG, offering players ownership of in-game assets through NFTs and a shift from traditional cash shops to earn-to-play mechanics. Nexon's $100 million investment and strategic move to Avalanche highlights its commitment to revolutionising gaming with transparency and community-driven experiences.
WeatherlyMetallica's official X account was hacked to promote the Solana token METAL, making them the latest victim of celebrity meme coin scams. Rapper 50 Cent and wrestler Hulk Logan also joined the growing list of victims this month.
KikyoThe music industry faces legal battles with AI startups accused of copyright infringement by major labels. These cases highlight AI's transformative potential in music creation, raising crucial questions about ownership and originality in the digital age.
AnaisOthentic, a Web3 orchestration and abstraction layer for AVS developers, has secured $4 million in funding to boost its development efforts. However, with its recent inception and limited details, one must wonder: is Othentic truly authentic?
CatherineW3BFLIX aims to revolutionize entertainment by integrating blockchain on Telegram, offering viewers direct influence in funding and rewards, unlike Netflix's passive model. It promises transparency, community engagement, and global accessibility, set to launch within six months pending funding.
AnaisOpenAI has delayed the launch of its Voice Mode, which Scarlett Johansson had previously accused of unauthorised use due to its uncanny likeness. The delay sparked severe backlash and mockery from users and the AI community.
KikyoCryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
WeatherlyIce Open Network (ION) has rapidly grown from its tap-to-mine origins to become a leading blockchain ecosystem, focusing on scalability and user empowerment. With ambitious goals and strong community engagement, ION aims to transform the digital landscape ahead of its mainnet launch in October 2024.
Anais