ETH/USD- 1081
XCV/USD- 0.16
BTC /USD 20475
At our last meeting in May I was asked what’s going to happen to Crypto prices. I paused and said BTC has been impressive we expected a much harsher downside due to increasing interest rates however the prices have been stable. If interest rates continue to rise we will continue to asset prices fall alongside a perceived weaker economy and potential recession. However if there is a recovery in the economy we could see a rebound so it’s definitely a space to watch.
Causevest News
Currently starting work on Blockchain fast synch
Platform is getting its final features review
Testing node remote running
Starting work on ICO site update
Foundation site work has begun
Extension update
Next Meetup in July
General News
An interesting story that has gone under the radar a bit and a reminder about why we are in the crypto space to begin with.
https://www.gulf-insider.com/china-uses-covid-phone-apps-to-freeze-protestors-bank-accounts/
Bank of England doing very little good work
They should really try our extension
In crypto news
Interesting developments in Brazil
Poor investment decisions leading to the collapse of crypto funds…
https://cryptonews.com/news/celsius-reportedly-unlikely-to-get-bailout-money-from-investors.htm
I agree now’s he time to start looking for investment opportunities
Altruistic News
Let us know which causes you want us to support this month
With XCV everything will be visible you’ll see the money flow or not flow
Really interesting read it will ne up to our operators to decide if they want to focus on large causes or smaller individual ones
I love refill shops
I hope this news update finds you well and you have a fantastic week!