Cristiano Signs Binance For Exclusive Partnership | Curated CoinCodeCap #25 June 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Albania to Introduce Taxation for Crypto Transactions from 2023
According to the new income tax bill, the Albanian state will soon tax cryptocurrency trading from 2023.The draft law, currently at the public consultation stage, introduces the concept of taxing virtual asset income and crypto holdings. Keep Reading »
Crypto Trading Platform Bitpanda lays off 250 employees amid a volatile market
Austria-based Bitcoin(BTC) trading platform Bitpanda is the latest in the list of crypto firms firing employees amid market volatility. Bitpanda announced that it has laid off 250 employees as the crypto market keeps crashing. Keep Reading »
Celsius Onboards Advisers ahead of Potential Bankruptcy Filing
Crypto Lending Platform Celsius had hired unknown number restructuring consultants from advisory firm Alvarez & Marsal to advise on a potential bankruptcy filing, according to a Wall Street Journal report. The latest development follows the report from June 14. The earlier report points out Celsius had hired lawyers in an attempt to restructure the company amid its rumored insolvency. Keep Reading »
Goldman Sachs might be raising $2B to buy Celsius Assets in case of Bankruptcy
In what would be the largest effort to date by a traditional financial institution to intervene during a general crypto downfall situation, as per people with knowledge of the situation, Goldman Sachs is attempting to raise $2 billion from investors to purchase troubled assets from struggling crypto lender Celsius. Keep Reading »
Bitcoin’s Price Could Drop to Zero, Says Chinese State-Run Media
The Chinese government has taken advantage of the sharp decline in the cryptocurrency market by alerting investors that the price of Bitcoin (BTC) is “heading to zero.” Keep Reading »
Blockchain Adoption in Higher Education
Blockchain, which people in favor describe as a technological breakthrough conceivably as significant as the internet, is a permanent, digital public ledger. While blockchain is still in its early stages, some colleges and universities have undertaken to explore it as a means of verifying academic credentials such as degrees and certificates, and some have even adopted parts of blockchain learnings into their academic curriculum and coursework. Keep Reading »
dYdX Ditches Ethereum for Its Own Cosmos Blockchain
With major dumps happening in the crypto market today, consumers are worried about another dump being on the way similar to Bitcoin. This time users are anticipating Ethereum to be the next. Keep Reading »
CoinCodeCap’s Weekly Issue #10
Since the fall of Terra, the crypto market has been having a hard time regaining its balance. The suspicious downfall of the Korean currency dragged its founder into a series of legal events. But Terra is not the only shady one here. MIM, with the name itself being Magin Internet Money, maybe be nearly insolvent, signifying another major stablecoin with over $300 Million Market cap can follow the path of Terra’s UST. I don’t know what everyone thought by working on their own algorithmic stablecoins. However, the present system of maintaining the peg of a stablecoin is not worth the retail losses happening. Keep Reading »
Market Updates
DOGE Price Analysis June 2022
Dogecoin is a recently discussed cryptocurrency in the highly volatile crypto market. DOGE is a token of the platform Dogecoin. Its current price is around $0.06373 by the time of writing, with a low of $0.04972, and has a market cap of 8.4 billion dollars. Keep Reading »
BNB Price Analysis June 2022
BNB is a coin of the platform Binance. Its current price is around $227.48 by the time of writing, with a low of $184.54, and its market cap is 37.1 billion dollars. Crypto-collectables are becoming a thing, and football player Cristiano Ronaldo partnered up with Binance to be the endorser for the new NFT venture. Keep Reading »
AVAX Price Analysis June 2022
AVAX is a coin of the platform Avalanche. Its current price is around $16.37 by the time of writing, with a low of $9.34, and has a market cap of 4.6 billion dollars. The cryptocurrency AVAX fell 45% in 30 days, and the total market capitalization for all cryptocurrencies shrank by 29% in the same time. Keep Reading »
UNI Price Analysis June 2022
UNI is a token of the platform Uniswap. Its current price is around $5.08 by the time of writing, with a low of $3.37, and has a market cap of 3.6 billion dollars. Uniswap Labs said they had acquired the NFT marketplace aggregator Genie Tuesday to improve their support of non-fungible tokens. Keep Reading »
Crypto to Look Out for this Week: BTC, ETH, BSV, ICX, NEO
The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »
Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA
ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
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