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Top Bitcoin News: Bitcoin Miners are Selling off BTC Reserves

Top Bitcoin News Today

CRYPTO PRICES TODAY 

Price Trend  Price for June 23, 2022  Percentage change 
The global crypto market cap  $ 898,920,890,639.61
The total crypto market volume $ 65,913,315,990.26
Bitcoin Price $ 20,279.48 -0.16%
Ethereum Price  $ 1,081.14 -1.09%

*All prices are latest by 10:30, 23 June 2022.

Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.

CRYPTO PRICE PREDICTION FOR THE DAY

Aave price is constantly forming lower highs and lows ever since it marked the highs during the previous year’s trade. With the recent price slump, the AAVE price has marked its lowest level since December 2020. Despite the prices having flipped slightly, the asset is still in bearish captivity. Therefore, by the end of Q2 2022, the AAVE prices may hover slightly higher above INR 6000.

Continuing with a significant bullish trend, the AAVE price may test the upper resistance initially at INR 6300 and later at INR 6,700. The asset by the end of Q3 trade is expected to hover close to INR 7000 levels. Further, gaining significant bullish momentum, the prices are expected to surpass INR 7300 levels and try to reach INR 7700. By the end of the 2022 trade, the AAVE price may trade around INR 8000 to INR 8200.

Additional Read: AAVE Price Prediction in Detail

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price* Percentage Change
Polygon (MATIC) INR 41.13 +21.66%
MyNeighborAlice (ALICE ) INR 216.78 +17.91%
Audius (AUDIO) INR 30.30 +15.02%

*All prices are latest by 10:30, 23 June 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price* Percentage Change
Synthetix (SNX) INR 254.58 -12.15%
Waves (WAVES) INR 534.27 -7.82%
STP Network (STPT) INR 3.46 -7.71%

*All prices are latest by 10:30, 23 June 2022.

Crypto Market Buzz

Bitcoin miners are selling off BTC reserves

According to ‘Arcane’ research firm public Bitcoin miners are selling off the reserves which could further tank the coin’s price. The crypto winter becomes intense as Bitcoin mining companies like Marathon Digital and Riot Blockchain have sold an enormous amount of BTC. Bitfarm a Toronto-based mining company sold 30% of its BTC holdings to wipe off any debt. 

Source: Decrypt

Tether to launch a British Pound-Pegged stablecoin in July 

The most known stablecoin Tether has recently launched crypto pegged to the Mexican Peso and now they are on the onset of launching a stablecoin pegged to the British Pound. In a recent announcement, the company announced that the new stablecoin will hit the market in July. This will be the fifth stablecoin with the largest market cap after USDT. 

“We believe that the United Kingdom is the next frontier for blockchain innovation and the wider implementation of cryptocurrency for financial markets. We hope to help lead this innovation by providing cryptocurrency users worldwide with access to a GBP-denominated stablecoin issued by the largest stablecoin issuer.” – commented Tether’s CTO Paolo Ardoino.

Source: CryptoPotato

Web3 News Global

eBay acquires NFT marketplace ‘KnownOrigin’

The firm announced that it has acquired the UK-based NFT marketplace ‘KnownOrigin’ on Wednesday. The firm had started NFT buying and selling last year and had sent subtle hints of further expansion. eBay partnered with Oneof to sell music, lifestyle and sports digital assets. Yesterday Uniswap announced its acquisition of Genie an NFT aggregator. This news has come amidst market consolidation after the crypto carnage faced globally. 

Source: The Block

NEW COIN LISTING ON COINDCX 

New Coin Market Capitalization Circulating Supply
SKALE Network (SKL) $186,494,152 3.53B SKL
Livepeer (LPT) $197,304,296 24,053,874.57 LPT
Efinity Token (EFI) $24,124,912 169,857,481.27 EFI
Band Protocol (BAND) $50,628,050 35,191,821.00 BAND

*All prices are latest by 11:15, 23 June 2022.

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