Ethereum's surge, GAM partnership, Tether's role and its billion-dollar minting
In this episode, Roni discusses Ethereum's recent price surge and market reactions, followed by an exploration of GAM threes.gg's Ethereum partnership. The episode also delves into Tethr's minting of a large sum of Tether tokens on the Ethereum blockchain, and concludes with an analysis of Tether's role in the crypto market.
Key Points
- Ethereum experienced a significant price surge due to the increased likelihood of an ETF approval, leading to heightened investor interest and a narrowing of the discount in the Grayscale Ethereum Trust's net asset value.
- GAM3s.gg is launching a web 3 cloud gaming platform in partnership with Ether, aiming to provide high-performance gaming with minimal latency and democratize access to top web 3 games through a globally distributed network of GPUs.
- Tether minted $1 billion USDT on the Ethereum blockchain in anticipation of increased demand and potential market movements, reflecting a strategic move ahead of possible ETF news and illustrating a correlation between USDT supply and cryptocurrency market dynamics.
Chapters
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0:36 | |
2:48 | |
6:20 | |
9:33 | |
10:16 |
Transcript
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