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Bitcoin News Roundup for May 29, 2020

With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

업데이트됨 2022년 12월 11일 오후 7:28 게시됨 2020년 5월 29일 오후 4:20 AI 번역
Markets Daily Front Page Default

With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

STORY CONTINUES BELOW
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This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

Bitcoin Rally Falters as Stocks Drop Ahead of Trump's China Speech

Bitcoin's bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China.

Twetch Gets Suspended From Twitter in Wake of Trump 'Fact-Check' Storm

The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning, said Twetch co-founder Josh Petty.

'Passwordless Login' Startup Magic Raises $4M From Naval Ravikant, Placeholder

Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain.

US Court Freezes Assets Linked to Alleged $9M ICO Scam

A federal court has frozen assets raised from investors in the Meta 1 Coin token sale in this increasingly bizarre ICO story.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

알아야 할 것:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

Donald Trump points at the audience during a press conference at the White House.

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

알아야 할 것:

  • Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
  • Gold rose to a new record above $5,200 per ounce following the president's comments.
  • One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.