Bored Ape NFT Prices Plummet 25% In One Day
The non-fungible tokens (NFT) market has taken a downward trend in tandem with the larger crypto market as the market took a major hit in one day. According to Bloomberg, the NFT Index, which tracks the performance of NFTs and is weighted by the circulating quantity of each NFT, corrected by 23% on Monday. Even […]
Celsius Set To Maintain Position, Will It Trade Its Bitcoin To Recoup Losses?
The Celsius Network has been experiencing a lot of issues, which has caused a lot of concern in the cryptocurrency market and prompted the network to take risks to maintain position. Celsius Stakes Some Wrapped Bitcoin According to Wu Blockchain, a Celsius-affiliated address has borrowed $278 million worth of DAI tokens in the maker protocol. […]
Tether (USDT) Reassure Investors As Celsius (CEL) Experience Difficulties
After one of its many investments, Celsius experiences a crisis that causes it to devalue, Tether published a statement to assuage investor concerns. Crypto lending platform, Celsius is experiencing difficulties due to extreme market volatility, and its native token CEL has lost more than 50% of its value. Celsius pauses operations due to market volatility […]
Crypto Crash: Institutional Investors Sell Holdings As Fear Looms
After the crypto market crashed to its lowest, Institutional investors were forced to sell their crypto holdings as a result of the crisis. The crypto market cap has plunged to $961.83 billion, a loss of about $1.5 trillion since November. The outflow of digital asset investment products was $102 million last week, according to CoinShares’ […]
Here’s Why This Ethereum Layer 2 Token Faces Dump At Launch
The governance token of the HOP Protocol declines in value on launch on Friday, as traders seemed to be abandoning the token after it was airdropped. With approximately 12,000 addresses claiming the airdrop, the Ethereum Layer-2 protocol launched an airdrop for users . About 20 million HOP tokens have been claimed, accounting for approximately 37.51% […]