CHK Weekly Newsletter (May 17 – May 23): The cryptocurrency market is now “only in a belt”?

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2021-05-23 08:04:55

The cryptocurrency market continues its downward trajectory with the arrival of more bad news. However, with major coins gradually recovering over the last two days, hope is being rekindled for crypto investors.

Let’s review it all with CHK to make sure you don’t miss any important news! 😉

Price volatility of top cryptocurrencies at 08:30 AM on May 23, 2021

📌 CHK Originals – Must-read articles

Summary of FUD #2: Find out the reason the cryptocurrency market “collapsed”

CHK Blog: Bitcoin Pizza Day – Interesting stories about two pizzas worth 630 million USD

E-magazine: FTX and the 2-year journey of non-stop innovation

1/ FUD focal point 🔥

– Find out why the crypto market “bleeds” – Bitcoin drops to 30,000 USD

Vitalik Buterin Burning $7.4 billion in Shiba Inu money, declaring that it is no longer “dominating” the price of SHIB

Elon Musk entangled in controversy with Bitcoin community, threatened to sell all BTC

China Request to “rectify” Bitcoin mining and trading activities

Looking for the reason the cryptocurrency market "bleeded" - Bitcoin dropped to $ 30,000
Looking for the reason the cryptocurrency market “bleeded” – Bitcoin dropped to $ 30,000

2/ Big Cap

Bitcoin Dominance Drops to Lowest Since 2018 – Any Chances for Altcoins?

Vitalik Buterin: Don’t be surprised if the crypto market is in a “bubble” state

Ethereum will reduce energy consumption by 99% thanks to ETH 2.0’s PoS mechanismS

Elon Musk claims to have never “sold dogs” Dogecoin

Avalanche (AVAX) Officially the 9th name Tether places its trust in issuing USDT

Cardano setting a new peak, the founder of ADA “baited” billionaire Mark Cuban

Solana (SOL) rose to the highest level in history

Kusama (KSM) ready to deploy parachain

3/ DeFi 🦄

Spotlight: Mercurial Finance – Fast, strong and “tough”

MISO – New bullish momentum for SUSHI and ambition to refresh the IDO game?

– Yield Farming profit optimization strategy with Pancakeswap/Venus/Alpaca

– Projects on Binance Smart Chain are constantly “opening”: Pancake Bunny flash loan attack, 10 billion USD worth of tokens printed indiscriminately; Venus (XVS) being used by bad guys to make 200 million USD

4/ Investments from large organizations

MicroStrategy continue to “buy bottom” for another 10 million USD in Bitcoin

– Investment institutions are dump Bitcoin, redirect to Ethereum?

5/ Legal and Reception

Hong Kong will only allow “professional investors” to trade cryptocurrencies?

– The “carnage” of the cryptocurrency market has the Fed worried

US officials recommend crypto transactions over $10,000 be reported to the IRS

– Boss Fox Entertainment Established NFT Studio

6/ Notable events next week (May 24 – May 30) 📆

Summary of notable events in the crypto market in the coming week. Source: Kyros Ventures

Synthetic CHK

Join the chat group Fomo Sapiens Now let’s discuss hot issues of DeFi market with CHK admins!!!

#CHK #Weekly #Newsletter #cryptocurrency #market #belt

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