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Musk Behind Bitcoin Plunge?

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May 27, 2021 11:02am

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Crypto Market Retreats! 
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Crypto Market Retreats!

 
 
 

Hey Folks,

Major Cryptocurrencies such as Bitcoin and Ethereum have given up their gains today also bringing other altcoins down. As Bitcoin, the leading Cryptocurrency shows the sign of recovery, the Altcoins too will follow the lead. Cryptocurrencies are truly capable of much broader use cases than being explored till date.

This piece of newsletter reports on Bitcoin, Ethereum, XRP, Polygon among other Altcoins


#1 Analysts Expect Bitcoin To Face A More Bearish Pull

In a recent post on Biotech Valley insights, analysts predicted that Bitcoin will fall 50% from its 65K top in the last three weeks. During the upcoming weeks, their next target price for Bitcoin is 15K-20K. There is nothing that can keep it from crashing more at this time according to the analysts.

#2 Cardano Advantages Explained!
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Charles Hoskinson, Co-Founder and CEO of IOHK, discussed why Cardano stands out among blockchain platforms while also giving an update on the rollout of Cardano smart contracts  on Wednesday During an interview withYahoo Finance’s Akiko Fujita and Zack Guzman. Read to find out!!

#3 Elon Musk Blamed For Crypto Market Crash!

What? John McAfee’s fiance blames Elon Musk for the Crypto Market crash? On the other hand Apple is expected to be on the verge of accepting crypto payments? Watch out to know what’s happening!!

#4 Ripple Price Rally Slowed Down

XRP price after significant months of consolidation had broken out of its comfort zone to mark new highs close to $2. Yet the bears jumped into action to drag the price below the support levels. And since then, the price is attempting very hard to smash $1 levels, woefully gets rejected each time.

#5 MATIC Token Enters Top 10

Mark Cuban, the owner of the Dallas Mavericks and an avid crypto investor, is announcing his latest digital currency investment. The entrepreneur now owns MATIC tokens. The amount of the investment is unknown, but Cuban has long been a supporter of Polygon, claiming that he is “using it more and more.”  Also you gotta read about 7 low cost altcoins capable of thriving in the Crypto space in 2021.

#6 Centralex Offers Fee-less Trading for 30 Days

Centralex, a cryptocurrency exchange headquartered in Hong Kong, will open its virtual doors for digital asset trading in May. To celebrate the launch and attract new users, Centralex will offer zero-commission trading for the first 30 days. Know more!!

#7 What Future does NFts Hold?

What is NFT? & How does it exactly work or created? Does it have any real use cases? Are these questions in your mind as well? Then you're at the right place. Watch to find out.

#8 Blockchain Is The Future!

"Blockchain, a necessary technology to earn the trust of the future generation." But how? Watch an insightful discussion on how Blockchain will lead us towards a promising future and its use cases.


Are you a newbie in the Crypto space and get confused with the reading? Here is a complete guide to help you with


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Regards

Team Coinpedia

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