Crypto suffers $200 billion drawdown, what’s happening?

Hello everyone! The global crypto market cap is $1.82 trillion with a 24-hour volume of $110.18 billi

CryptoSlate Newsletter @cryptoslate

Hello everyone! The global crypto market cap is $1.82 trillion with a 24-hour volume of $110.18 billion. The price of Bitcoin is $38,853.26 and the BTC dominance is at 40.4%.

Crypto suffers $200 billion drawdown, what's happening? Thursday evening (GMT) saw the start of the crypto market slide. cryptoslate.com

Russia's central bank releases a damning report, proposing a blanket ban on crypto Moscow could soon crackdown on cryptocurrency operations in the country, as Russia's central bank released a damning 36-page proposal earlier this Thursday. cryptoslate.com

$4B non-profit established to stabilize UST stablecoin With a market cap of more than $170 billion, stablecoin adoption is exploding. cryptoslate.com

Twitter Blue debuts NFT profile picture for iOS users Twitter on Thursday announced that it will be rolling out a new feature that will let users upload NFT profile pictures. cryptoslate.com

Puerto Ricans are fed up with wealthy crypto ex-pats The arrival of crypto millionaires to Puerto Rico has locals fearful of getting displaced. cryptoslate.com

Does the IMF have beef with Bitcoin? Jack Mallers gives his take Strike CEO, Jack Mallers gave a presentation to the International Monetary Fund (IMF) regarding the Bitcoin Lightning Network and its potential to open up cross-border payments. cryptoslate.com

Health Blocks aims to disrupt the global healthcare system with healthy living DApp Technology is advancing at lightning speed. cryptoslate.com

How one Ethereum miner earned over $500k in block rewards One Ethereum miner could be the luckiest in the space, as he single-handedly mined an entire ETH block and earned himself a cool reward of 168 ETH worth roughly $500,000. cryptoslate.com

WAX announces a historic 10 million NFT drop to its blockchain accounts Known as the 'King of NFTs' and the world's leading entertainment NFT network, Worldwide Asset eXchange (WAX) will be celebrating its major milestones with a record-breaking 10 million NFT drop to WAX blockchain accounts. cryptoslate.com

Key Analytics to Provide Liquidity in DeFi One of the most common ways to earn yield in DeFi is by providing liquidity in decentralized exchanges. cryptoslate.com

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