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” Market cleansing bear cycles are healthy say industry experts “ Crypto markets are undeniably bearish, but some industry insiders believe these conditions will shake out the bad actors and create greater opportunities for future participants. Traders tend to lament the negative price action and relative difficulty in executing profitable trades in bearish market conditions….
” Tips to claim tax losses with the US Internal Revenue Service “ Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With the market falling off a cliff, there will be big losses…
” F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more “ Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships, the crypto community continues to support the F1 landscape in numerous ways. Monaco Grand Prix 2022 saw F1’s fastest…
” STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out? “ A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion. GMT’s price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement…
” WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement “ Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the…
” Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe “ Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency…
” WeWork founder reinvents himself with $70M crypto carbon credit platform “ Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon. The project aims to make carbon trading more accessible by putting…
” Top 3 cryptocurrencies that are faring the best in the 2022 bear market “ The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022. Fears over persistently higher inflation, the Federal Reserve’s hawkish response to…
” ADDX bags $58M to reduce min. private investment by 10x via smart contracts “ ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization. The Monetary Authority of Singapore regulates ADDX as…
“‘I didn’t sleep for days’” With hopes of being a homeowner by the time he turned 30, Steve Jensen decided to invest $25,000 in the crypto market in the summer of 2020. It was half of his savings, but since he couldn’t afford a 10% down payment on a home in Westchester, he hoped his…