Splinterlands Daily Focus Diamond Chests | USDC DEPEGGED! | Market Watch: BTC, HIVE, SPS, GLX, DEC (March 10, 2023)

Splinterlands Daily Update

• 8 diamond chests
• Lots of small SPS chests
• 3 gold foil commons
• 5 common cards
• I guess this is a "win" today because of gold foils?

Daily Focus Chests: +8 Diamond | 64 Diamond Total

Battle ratings is improving... at turtle speed 🐢

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Financial Crisis 2.0 in the making?

I have two posts up discussing Silicon Valley Bank crisis:

• Yesterday: https://peakd.com/hive-167922/@slhp/so-it-begins-bank-run-silicon-valley-bank-crashed-60-nasdaq-sivb
• Today: https://leofinance.io/@slhp/the-great-financial-crisis-2-0-sivb-contagion

USDC is exposed and is now depegged!

• If a stable coin is not back 1:1, the market value adjusts to reflect the ratio

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Crypto Market is taking a break... from cliff diving 😁

Bitcoin recovered above $20k

HIVE recovered the same percentage as Bitcoin

Thus keeping the HIVE to BTC ratio steady

SPS, GLX, DEC - minor recovery following HIVE and BTC

• SPS, $0.02388, 🦀
• GLX, $0.02950, 🚀
• DEC, $0.0007294, 🚀

Hang on tight, volatility is back