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π The Fear of Loss is a Path to the Dark Side
π The Fear of Loss is a Path to the Dark Side
| How are you holding up, Geckos?
Listen to Yoda; we do, in times like this. According to Arcane Research, a Norwegian market analysis firm, the Crypto Fear and Greed Index (CFGI) is now at 21, down from a "greedy" level of 73.
The CGFI is a metric that measures the current sentiment for Bitcoin (BTC), which has fallen to "extreme fear" levels not seen since April 2020.
The firm believes that based on historical trends, a fearful market usually offers 'solid buying opportunities during bull cycles.'
In today's news, BlockFi botches a BTC giveaway, Steve Harvey launches his own NFT line, and a US city is accepting cryptocurrencies for utility payments.
Read on! | | | | |
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Offering futures, spot and P2P trading, it provides a highly secure, deeply liquid and ultra-low latency trading environment; and a meeting point between crypto and global finance.
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Join now | | 'Free' BTC for BlockFi users? Crypto lending platform, BlockFi, has mistakenly deposited large amounts of BTC into users' wallets as part of a March promotion that required reaching the trading volume threshold.
Users were sharing their experiences on Reddit where one received over 700 BTC (which got reversed) and another received 5 BTC which managed to move it off the platform.
BlockFi is attempting to rectify the issue which includes reversing the transactions, restricting withdrawals, and issuing emails threatening legal action where necessary.
Coindesk | | Steve Harvey is another Crypto KING Renowned Family Feud host and the 'Kings of Comedy' star, Steve Harvey, has just launched his own NFT line featuring himself on Rarible.
However, unlike other celebrities, Harvey is raising money for his own charity, the Steve and Marjorie Harvey Foundation which focuses on youth outreach services.
Notably, the iconic TV show host also holds BTC and Ethereum (ETH) because 'these are the two' that he has 'done the most research on'.
Decrypt | | A US City is Upping Their Crypto Game Williston, a city of North Dakota, has started accepting digital cryptocurrency payments for utility bills.
According to the city's finance director, Hercules Cummings, Williston partnered with Bitpay and is the third in the nation to offer this service.
Bitpay accepts multiple cryptocurrencies such as BTC, ETH, USD Coin (USDC) and Dai (DAI) and offers a 1% online transaction fee which is much cheaper than other platforms like Paypal (3%) or Google Pay (3%).
Bitcoin.com |
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| | Trading Volume
Trading volume is considered a reference point for how active is a market is performing. It also implies liquidity as higher trading volume implies more traders in the market. Learn about other Crypto terms here | | | CoinGecko's Monthly Virtual Meetup is back!
The Binance Smart Chain (BSC) has recently taken the crypto space by storm and is now booming with lots of activity. Users can swap tokens, enter decentralized money markets, and even get their hands on some cute NFTs!
Join us as we take a deep dive into the Binance Smart Chain ecosystem with Leo Cheng (Co-founder & Project Lead at C.R.E.A.M. Finance), Nicholas Chan (Co-founder of Refinable), and Calvin Chu (Impossible Finance).
Make sure you stick around after our discussion for some awesome music from DAO Records! It's going to be a fun afterparty with DJ's Hedonism, Netunoblu, and Nullzero! | | | | | | | |
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| | | Follow us on social media & share our newsletter and be rewarded with some CoinGecko goodies! |
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