Tag: Cryptocurrencies
By JUAN MENDECryptoPress
The metaverse is a unique ecosystem that provides value for users, and OVER is set to provide value with its latest rewards program. The novel metaverse platform has detailed its latest reward program where users hunt digital assets in partnership with the Sandbox.
Hunt NFTs in the metaverse for rewards
Over has collaborated with Sandbox to launch a treasure hunt in Manhattan, New York, from June 20-24....
Is there any value left in crypto?
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By JUAN MENDECryptoPress
The market has plummeted and the bottom of the fall is not in sight. But the markets, especially the cryptocurrency market, have always been very volatile.
This may be because it is still a very new industry, which is so young and has, no doubt, many lessons to learn in terms of value, risk management, greed management, liquidations, profit-taking, hacks, and so on.
It may also be due to its own dynamism, which...
Celsius, 3AC, crypto stumbles continue
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The crypto carnage continues as nervous investors rush out and big digital asset-focused companies Celsius and Three Arrows Capital (3AC) feel the pressure.
On Wednesday afternoon, it appeared that Three Arrows Capital (3AC) had been selling assets, including $40 million of its Lido Staked Ethereum (stETH).
The token, known as “staked ether,” has suddenly become a key focus for crypto traders trying to manage...
What are crypto liquidations?
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In a nutshell, liquidation is the process of turning an asset into cash. Liquidation can happen for various reasons, but in the case of cryptocurrencies, it’s usually because someone is trying to sell off their holdings during a time when the price is too low for them to get any money out of them.
The most common reason for this is when someone holds cryptocurrency as an investment and decides that they need cash now. This can happen...
James Butterfill: Investors are flocking to the relative safety of bitcoin
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Inflows into Bitcoin (BTC) funds continued for the second week in a row, outpacing the performance of other digital asset funds.
More than $506 million has been invested in bitcoin-focused mutual funds since the beginning of the year, according to the latest data from digital asset fund provider CoinShares. New money invested in bitcoin funds countered the losses of non-bitcoin or alternative cryptocurrency funds by around $100 million...






