Crypto Employees are Losing Jobs Amidst Inflation | Curated CoinCodeCap #13 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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Crypto Employees are Losing Jobs Amidst Inflation
The crypto market is going through one of the darkest bear cycles, and it is a wild ride for all the crypto firms, exchanges, and lending platforms. Several firms are laying off employees and cutting jobs. Keep Reading »
Crypto Firms face withdrawal delays, as BTC Plummets to New Lows
Financial Institutions are now facing withdrawal delays as cryptocurrency is going through one of biggest slumps since its inception. Singapore-based Financial firm Hodlnaut had informed users of withdrawal delays on BTC, citing “server lockdown” with its Wallet Service Provider, Fireblocks. Apart from Hodlnaut, digital asset firm Nexo’s users have also claimed to have been facing withdrawal delays. Keep Reading »
Be Careful of Chimpers NFT Phishing Scam, Stay Safe
So we want to advise our readers that many scammers are out there in full force. So users should always be highly suspicious when connecting their wallet to a website, and they should never type their seed phrase. Users should always make sure that they are on the correct URL, and they should never confirm random transactions. Also, they can use a cold wallet for better security. Keep Reading »
Various OthersideMeta Phishing Scams Detected, Stay Cautious!
So we want to advise our readers that many scammers are out there in full force. So users should always be highly suspicious when connecting their wallet to a website, and they should never type their seed phrase. Users should always make sure that they are on the correct URL, and they should never confirm random transactions. Also, they can use a cold wallet for better security, Keep Reading »
Celsius Pauses Withdrawals amid Increasing Rumors of Insolvency
Crypto firm Celsius Network has been in the middle of a rough patch for quite some while. The firm was already trying to navigate rumors relating to its decreasing sustainability of high yields offered when its CEL token plunged about 20% on Friday. Keep Reading »
Do Kwon Clears Accusations Against Him
After the Luna debacle, the founder of Terra, Do Kwon, has been facing accusations of money laundering and fraud from the authorities. A few days ago, the US Securities and Exchange Commission conducted a remote video survey that revealed secrets by the key designers of the company. Keep Reading »
CoinCodeCap’s The Weekly: Issue 9
Bitcoin is either in a downward spiral or moving up and down along a horizontal line. And we think this might continue for a prolonged period until the ETH merge is complete. Further, we’re probably witnessing a liquidity grab in the ongoing market situation, and significant-stop losses can trigger at the bottom. Additionally, the Bullish bat pattern is also a strong reversal pattern, as seen in the chart below. Finally, the BTC dominance has also been rising, leading the ALTS to show weak behavior. Keep Reading »
Market Updates
CAPS Price Analysis June 2022
CAPS is a token of the platform Ternoa. Its current price is around $0.01851 by the time of writing, with a low of $0.01495, and its market cap is 12 million dollars. Keep Reading »
VLX Price Analysis June 2022
VLX is a coin of platform Velas. Its current price is around $0.06126 by the time of writing, with a low of $0.03559, and its market cap is 141 million dollars. Keep Reading »
VET Price Analysis June 2022
VET is a coin of the platform VeChain. Its current price is around $0.03253 by the time of writing, with a low of $0.02412, and has a market cap of 2.3 billion dollars. Keep Reading »
SFM Price Analysis June 2022.
SFM is a token of the platform SafeMoon. Its current price is around $0.0006282 by writing, with a low of $0.0000002149, and has a market cap of 354 million dollars. 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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