Bull Market Facing Possible End: Top 5 Losers in the Crypto Market

user avatar

by Giorgi Kostiuk

3 years ago

Made with AI

| Indices | LTP | Change (%) | | --- | --- | --- | | Aptos | $14.94 | 16.32% | | Axelar | $1.74 | 15.14% | | Pendle | $4.85 | 15.00% | | Dogwifhat | $3.76 | 14.05% | | Bitcoin SV | $85.30 | 13.36% |

Key Highlights of Recent Crypto News:

  • A 25-year prison sentence with strict conditions has been given to FTX Founder, Sam Bankman-Fried, for various fraud charges. The penalty includes mental health treatment, financial monitoring, and asset forfeiture but does not involve direct victim restitution.
  • Deribit, a major crypto derivatives exchange, has obtained a Virtual Asset Service Provider license from Dubai's VARA, signaling a significant step forward. The exchange plans to move its headquarters to Dubai under the leadership of Luuk Strijers, aligning with Dubai's growing influence in the crypto industry.
  • BNB Chain has allocated $1 million to incentivize memecoin developers as part of their "Meme Innovation Campaign." This move aims to support the growth of meme tokens and follows the trend of promoting memecoin development seen in other networks like Avalanche.
  • Recent market fluctuations affected meme coins like Dogecoin and Shiba Inu, causing a downturn. However, some coins such as MEW, BOME, and MEME showed resilience and saw gains, particularly benefiting from the increased interest in Solana meme coins.
  • OpenAI has made ChatGPT3.5 more accessible by removing the account requirement, although it no longer stores chat history. This change has raised concerns about data privacy, prompting developers to explore alternative models. Despite facing stiff competition, OpenAI introduces Iris, an AI teacher, to assist with education in Kerala, India.
  • Bitcoin spot ETFs experienced outflows of $85.84 million as BTC's price dropped below $67,000, with Grayscale’s GBTC leading the trend. Meanwhile, BlackRock’s IBIT and Fidelity’s FBTC recorded inflows of $165 million and $43.99 million, respectively. Despite the correction in BTC price, there is optimism surrounding Ethereum ETFs, although the SEC has postponed decisions on their approval.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Digital Sovereignty Alliance Engages in Key Discussions on Digital Asset Regulation

The Digital Sovereignty Alliance engaged in discussions on digital asset regulation at the Strobe Summit.

user avatarElias Mukuru

World Liberty Financial Launches WLFI Token Buyback Program

World Liberty Financial has announced a new buyback program for its WLFI cryptocurrency amid significant price declines.

user avatarKenji Takahashi

WLFI Price Analysis Shows Mixed Technical Indicators

Technical analysis of WLFI indicates mixed signals, with key support and resistance levels identified.

user avatarDiego Alvarez

Bitcoin's Long-Term Outlook Remains Encouraging

Bitcoin's established network and limited supply contribute to a positive long-term outlook despite recent declines.

user avatarGustavo Mendoza

Potential Recovery for Bitcoin Above Key Resistance Levels

Bitcoin could regain momentum if it surpasses critical resistance levels, with targets set at 81,300 and beyond.

user avatarMaria Fernandez

Gate Reports Impressive Cold Storage Coverage Ratio

Gate's cold storage coverage ratio reached an impressive 104.58%, ensuring all user assets are secure.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.