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” Core Scientific sold $167M worth of Bitcoin holdings in June “ United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its data capacity, and settle debts. In a Tuesday announcement, Core Scientific said it had sold roughly $167 million worth of Bitcoin (BTC) in…
” With the bear market in full throttle, crypto derivatives retain their popularity “ The 2022 cryptocurrency bear market has been the worst on record as most Bitcoin traders are underwater and continue to sell at a loss. In response to the rapid decline of token prices, some investors have fled to safe-haven assets; some…
” Russians banned from accessing Bitmex within European Union “ Major cryptocurrency exchange BitMEX is working to increase compliance with the European sanctions against Russia by preparing to enforce major restrictions for its Russian users. BitMEX is changing its restricted jurisdictions policy in order to be compliant with various restrictive measures of the European Union,…
” Liquid markets are healthy markets, says Kairon Labs co-founder “ Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges. Kairon Labs and most other market makers agree that “liquid markets are healthy markets,” as when the markets are liquid, it allows for…
” Lamborghini-backed GT racing team to authenticate car parts using NFTs “ Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts. In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri…
” Bollywood A-lister-backed GARI token plunge sparks rug pull rumors “ The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, caught up to GARI token as it tanked over 83% in value in a matter of hours on June 4. While GARI Network…
” African infrastructure firm lands $150M to launch crypto water token “ South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water…
” Institutional investors shorting Bitcoin made up 80% of weekly inflows “ Institutional investors loaded up on a record $51.4 million worth of investment products offering exposure to shorting the price of Bitcoin (BTC) last week. According to data from the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, there was $64 million…
” Celsius pays down 143M in DAI loans since July 1 “ Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform was trying to stave off a complete collapse amid credible rumors of insolvency. Since July…
“Ecommerce Marketing Strategies” Every online store wants to attract customers daily by driving traffic to make sales. It’s challenging when you’ve tried out many different strategies to drive sales, but they don’t seem to strike the chord. We have put together a few simple and basic ecommerce marketing strategies to walk you through successful online…