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200 billion pulls back wiped cryptocurrency

EUR/JPY Key Technical Levels

The gap between the Tether and USDC was the widest it’s ever been last year, on May 17, 2021, with USDT at a $59 billion market cap, almost four times that of USDC’s $17 billion, according to CoinGecko. 200 billion pulls back off cryptocurrency Musk’s cryptocurrency tweets in the past two months have been particularly impactful for bitcoin. Musk’s latest bitcoin tweet on Sunday night shot the price of the cryptocurrency up by nearly 10 percent.
200 billion pulls back cryptocurrency market

It was inevitable, given that traditional cryptocurrencies have no backing by any assets. There is need to think of creating cryptos that address the high volatility of digital currencies. Cryptocurrencies backed by no assets have the perceived value only and even a single tweet from influencers like Elon Musk can affect their valuation greatly. TerraUSD Backers Seek $1.5 Billion to Prop Up Stablecoin The startup tells TechCrunch that it has closed a $200 million “strategic” investment led by a16z, with participation from Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows Capital, FTX Ventures and Coinbase Ventures among others. Another investor of note in the maiden round is Silvergate Capital, though the Aptos team swears they will not be licensing or utilizing any of the Diem IP that Silvergate owns as they build out their blockchain.

200 billion pulls back off cryptocurrency

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It should also be noted that the overall market capitalisation has fallen below $1 trillion thereby hitting below $900 billion market for the first time since, 2021. As per industry experts, the downfall of FTX can cause its volume to dry up. “Users who are in the business of lending and borrowing of FTT will go through liquidity crisis due to loss of funds. All this is because of the FTX-Binance drama,” Punit Agarwal, founder, KoinX, a cryptocurrency exchange, said. Layoffs in Big Tech At around 10:30 P.M., Hafina peeked into Howells’s office. “She wanted to have a fag with me,” he remembers. “The office area, with the window open, was the smoking zone.” She chatted with Howells as he chose which items to discard. “I’m chucking this out, putting this back in—bunch of cables, bunch of paperwork, broken mouse.”
Pulls back wiped off cryptocurrency in

Gemini, the crypto exchange led by the billionaires Tyler and Cameron Winklevoss, also announced this month that it was laying off 10 percent of its work force. In a memo to staff, the Winklevoss twins said the industry had entered a “crypto winter.” Read and share thoughts with a community that collaborates and helps each other Tesla was incorporated in July 2003 with the name Tesla Motors by Martin Eberhard and Marc Tarpenning. In February 2004, with an investment of $6.5 million, Elon Musk became its largest shareholder. Here is an interesting Tesla fact: Musk fought a legal battle to earn the status of being named a company ‘founder’. Today, Musk owns around 15% of Tesla, implying his $6.5 million investment is now worth more than $80 billion.