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🔵 CoinMarketCap Daily:
• Major Bitcoin Mining Firm Sells 3,000 BTC and Abandons HODLing Strategy
Given the sheer amount of BTC that's held by miners, there are fears that persistent, large sell-offs could contribute to downward pressure on Bitcoin's price.
https://coinmarketcap.com/alexandria/...
• Crypto Firms Slash Ad Spending By 90% as Bear Market Bites, Figures Suggest
While crypto ads dominated the airwaves on U.S. television until very recently, top exchanges have cut back on high-profile TV spots.
https://coinmarketcap.com/alexandria/...
• No, Snoop Dogg Isn't Attending the NFT NYC Conference
Snoop Dogg is passionate about NFTs — and is the proud owner of CryptoPunks and Bored Apes… but he ain't at this event.
https://coinmarketcap.com/alexandria/...
• Tether is Launching a Brand-New Stablecoin
A number of stablecoins have been nibbling away at Tether's market share of late — most noticeably USDC, which is issued by Circle.
https://coinmarketcap.com/alexandria/...
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🔵 CoinMarketCap Daily:
• Major Bitcoin Mining Firm Sells 3,000 BTC and Abandons HODLing Strategy
Given the sheer amount of BTC that's held by miners, there are fears that persistent, large sell-offs could contribute to downward pressure on Bitcoin's price.
https://coinmarketcap.com/alexandria/...
• Crypto Firms Slash Ad Spending By 90% as Bear Market Bites, Figures Suggest
While crypto ads dominated the airwaves on U.S. television until very recently, top exchanges have cut back on high-profile TV spots.
https://coinmarketcap.com/alexandria/...
• No, Snoop Dogg Isn't Attending the NFT NYC Conference
Snoop Dogg is passionate about NFTs — and is the proud owner of CryptoPunks and Bored Apes… but he ain't at this event.
https://coinmarketcap.com/alexandria/...
• Tether is Launching a Brand-New Stablecoin
A number of stablecoins have been nibbling away at Tether's market share of late — most noticeably USDC, which is issued by Circle.
https://coinmarketcap.com/alexandria/...
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
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Francisco Gimeno - BC Analyst Any time a bearish crypto market has happened, BTC miners have sold BTC to finance their mining expenses. In fact this works as as gin of for how long this bear mood continues. Just last week miners are starting to sell in less amounts and slower which can be a good sign, but the sale continues. Meanwhile USDC and USDT are playing with Tether (hedge funds in the middle) trying to make it tumble. Add more FUD news with other altcoins and stablecoins which seem not very stable, the Fed saying that only BTC is a commodity the rest securities, etc, the turmoil continues. As usual, let's look at the long term market, and crypto as a part of the the IR digital economy and finance, and let's hope for the best preparing always for anything.