Q1 Earnings Report, CLARITY Act, and Walsh Transition: Circle Faces Three Major Tests This Week | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisLWyatt@azuma_ethdefiQ1 Net Loss of $394.1 Million: Coinbase Can Only Cling to Circle’s LegdefiExchangecryptoWhy Are Banks Determined to Block Stablecoin Yields?cryptoQ1 Earnings Report, CLARITY Act, and Walsh Transition: Circle Faces Three Major Tests This WeekRelated: VIP Believers in the Crypto Winter: Trillions Evaporated, Why Do They Still Hold On?
Compiled by | Odaily (@OdailyChina); Translator | Moni “I really can’t hold on any longer.” For several days in early February this year, the Signal inbox of a major crypto market maker was flooded with dozens of messages like this. The crypto market had plunged another 15%—wiping out $400 billion in market cap in just a few days. In the preceding four months, dragged down by Bitcoin, the total cryptocurrency market cap had plummeted nearly 50%, with Ethereum and Solana both falling close to 60%. This crash erased about $2 trillion in value, dragging the industry into a bear market, what crypto circles call a “winter”—a slightly nerdy metaphor paying homage to the unsettling line from *Game of Thrones*: “Winter is coming.” Project founders were in a panic: some urgently…# Analysis# crypto# defi# Exchange# MarketPre
50x storage later, Justin Sun is always looking at the next decadeNext
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