Extreme Fear in the Crypto Market

Last Modified:18 Jun 2022 11:27:18
Extreme Fear in the Crypto Market

 

  • The prominent financial analyst from CNBC Jim Cramer has said that Bitcoin will go down to 12,000 dollars. “U Today”

 

  • Bitcoin fear and greed index is 9 – extreme fear in the market.

 

  • Russia could be ready to start mining Bitcoin with flare gas. “Coin Telegraph”

 

  • Decentralized finance protocol known as the Inverse Finance has lost about 17 million dollars in two months to hackers. “Coin Telegraph”

 

  • The parliament of Panama was very close to crypto regulations, but the president of this country has vetoed part of the bill. “Coin Telegraph”

 

  • The plaintiff claims that Dogecoin is a Ponzi scheme. “U Today”

 

  • Arthur Hayes believes that altcoins might lose half their value in the coming weeks. “U Today”

 

  • A national post office in UAE launched a set of four NFT modern postage stamps. “Coin Telegraph”

 

  • A bill has been proposed to Brazilian congress that seeks to make Bitcoin and other cryptocurrencies legal means of payment. “Bitcoin News”

 

  • Bitcoin is no longer profitable for the majority of miners. “U Today”

 

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