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Crypto & NFTs News

All Hot and Trending Crypto and NFTs News.

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❗️ OpenSea says the company has suffered a data breach. In January a hacker exploited a bug in OpenSea to steal up to 332 ETH. In May several OpenSea discord savers were hacked. And now An employee of of their email vendor, downloaded and shared email addresses with an unauthorized external party. 👉🏻 OpenSea always under attack. Too bad. 👎🏼 ➡️ @CryptoNftsNews
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Bitcoin is incredibly cheap right now It has only traded this far below its 200-day trend and its aggregated cost basis for 3% of its entire existence. 🔗 Link ➡️ @CryptoNftsNews
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Eminem and Snoop Doog recorded a joint music video that features them as Bored Apes A new music video from Eminem and Snoop Dogg for the track "From The D 2 The LBC" has been released online. It features the rappers as the popular NFTs from the BAYC collection. The video intertwines realism with animation, with Eminem literally "floating away" in a puff of smoke from Snoop's bong. The clip turned out to be very bright and dynamic. Both rappers in it are presented as "bored monkeys". Eminem is #9055, Snoop Dogg is #6723. Such choice of stylistics is not by chance. ➡️ @CryptoNftsNews
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💣 Anonymous hackers have taken on the head of Terra, Do Kwon, and promised to do everything to ensure that he suffers a fair punishment as soon as possible. ➡️ @CryptoNftsNews
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Bitcoin may still see 'wild' weekend as BTC price avoids key $22K zone Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains. Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD broadly higher in its recent trading range after U.S. stocks ended the week strong. Bitcoin was on track to log slights gains at its weekly close, the first weekly green candle — albeit small — since May. Source ➡️ @CryptoNftsNews
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El Salvador Rides Crypto Crash - Bitcoin Stake HALVED After the bold step to become the first country to adopt Bitcoin as legal tender, El Salvador is feeling the strain of the current cryptocurrency crisis as its almost $100mn investment has halved in value. President Nayib Bukele plunged another $15mn into the biggest crypto last month at $30k, celebrating with a tweet boasting “El Salvador just bought the dip” only to see a third of that wiped off. Plans remain in place to build a “Bitcoin City” powered by volcanic geothermal energy and funded by the sale of $1bn of Volcano Bonds - yet to go on sale - despite IMF urges to abandon the crypto gamble. ➡️ @CryptoNftsNews
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Tron to add $2 billion to USDD reserves to avoid depeg Tron DAO project creator Justin Sun announced plans to replenish the USDD stablecoin's reserves. The company is prepping a $2 billion infusion to protect the asset from a wave of shorts. "I don't think they can last for even 24 hours. Short squeeze is coming," Sun noted on his Twitter page. The need to inject additional funds arose because of the wave of shorts. TRX has already fallen 18.8%. ➡️ @CryptoNftsNews
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⚡Crypto Fund Managers Believe Bitcoin Will Hit $100,000 By Year End — link ➡️ @CryptoNftsNews
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Crypto Fund Managers Believe Bitcoin Will Hit $100,000 By Year End

Despite the broad bearishness of the cryptocurrency market, managers remained exceedingly bullish on Bitcoin (BTC). According to a study conducted by financial services firm PWC, the majority of crypto fund managers anticipate the price of bitcoin would be between $75K and $100K by the end of the year. PWC also revealed that, compared to a year earlier, 38 percent of traditional hedge funds polled are now investing in digital assets, up from 21%. #Crypto #CryptoNews #CryptoCrunchApp

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Crypto has lost $2 trillion in market cap. Bitcoin's slide since November has contributed to a roughly $2 trillion wipeout in the broader market. Crypto's total market capitalization, which peaked in November at nearly $3 trillion, stood at around $975 billion Monday evening, according to data provider CoinMarketCap. 🔻Elon Musk and Michael Saylor are nearly $1.5 billion underwater on their Bitcoin bets 🔻Stablecoins are showing signs of destabilization: Stablecoin $USDD has dropped to $0.96 🔔The crypto ‘fear and greed’ index is stuck at an ‘extreme fear’ reading ➡️ @CryptoNftsNews
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🔻 The Fear and Greed Index on the crypto market has fallen to the 8 mark - extremely high fear ➡️ @CryptoNftsNews
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