Month: June 2022

Apecoin Lost Around $2.5 Billion in Its Market Cap in May as Fear About Fading Investor Appetite Emerges

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ApeCoin, one of the fastest rising coins in the crypto space, was one of the cryptocurrencies that was heavily impacted by the crypto disaster that rocked the market in May. Although the coin’s price showed robust performance in these turbulent market conditions, its market cap was affected. The coin now trades at $4.25 with a 4.1% increase in the last seven days, selling below its new swing high of $4.35. Data from Coingecko on Thursday showed that ApeCoin is among the top 50 crypto assets by market capitalization as the…

BELLES PERSPECTIVES SUR LE BTC 😎 BIG BUG DE ETHEREUM 😫

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Je parle des belles perspectives sur le BTC à venir ainsi que le bug récent paru sur Ethereum 2.0 qui a failli devenir très grave. Faisons le point ! Me suivre sur : ✅ TWITCH : ✅ TWITTER : 0:00 – Les narratifs dans la crypto 2:17 – Le BTC présente de belles perspectives 7:10 – Ethereum Beacon Chain bug ! 23:50 – JPMORGAN investi dans Elliptic 25:39 – Thether lance le Pesos mexicain 26:10 – USDT sur Polygon 26:30 – Le…

Polygon Price Rises by 60% In Four Days After Massive Matic Accumulation

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After weeks of bearish run, Polygon (MATIC) witnessed one of the sharpest rebounds in the cryptocurrency market this week. MATIC’S price notably rose to $0.50 on June 23, four days after the coin hit its lowest level since April 2021. This rapid gain of about 60% is a performance that beat the resurgence of even Bitcoin (BTC) and Ethereum (ETH) in the same timeframe. Although MATIC is still far from its all-time high recorded value of $2.92 in December 2021, it is a massive improvement in a period where the…

Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining

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Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I guess that’s a joke), and Bitcoin’s (BTC) price fell lower than even the smartest brains in the room expected.  A unifying theme of the most recent bull market appears to have been greed. Everyone got too confident and too greedy, and it shows by the amount of debt and leverage that is being unwound as 3AC, Celsius, BlockFi and Voyager contend with the real threat…

Binance’s CZ Says Crypto Price Fluctuations Normal as Industry Is Still Growing

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Changpeng Zhao, the CEO of the popular crypto exchange Binance, has said it might take Bitcoin some months to a couple of years to get back to the all-time-highs previously reached by the coin. ChangPeng told Guardian ePaper, a UK-based news outlet, that he believes if investors in 2018 were told that Bitcoin would be $20k in 2022, they would have been very happy. However, he admitted that the current $20k price of Bitcoin is low considering its previous highs. CZ said, “I think given this price drop from the all-time…

Uphold withdraws with Venezuela, citing US sanctions

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Crypto trading platform Uphold said it will be withdrawing support for users in Venezuela due to sanctions imposed by the United States government. In a Thursday announcement, Uphold said “owing to the increasing complexity of complying with U.S. sanctions” the platform would “very reluctantly” be moving out of Venezuela. The platform advised users to withdraw their funds as soon as possible, noting it would halt trading for Venezuela-based clients on July 31, with all accounts “fully restricted” starting on Sept. 30. “As a U.S. financial institution, Uphold has to comply…