Bitcoin and select altcoins show resilience even as the crypto market sell-off continues

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Several altcoins declined by 15% or more in the past week. noshitcoins investigates whether the situation will worsen or improve in the short-term.

if scaling doesn’t go through. In a June 9 post via his personal blog, Buterin explained that the success of Ethereum depends on layer-2 scaling, wallet security, and privacy-preserving features.Perpetual contracts, also known as inverse swaps, have an embedded rate that is usually charged every eight hours.

Excessive buying demand tends to pressure the indicator above fair value at 100%, and during bearish markets, Tether’s market offer is flooded, causing a 2% or higher discount.Currently, the Tether premium at OKX stands at 99.8%, indicating a balanced demand from retail investors. Consequently, the indicator shows resilience considering the cryptocurrency markets dropped 17.7% over the last eight weeks to $1.06 trillion from $1.29 trillion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance – Altcoins Bitcoin NewsAmid the market downturn and regulatory crackdown, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies.
Source: BTCTN - 🏆 531. / 51 Read more »