For more information about crypto and today’s stories, just Ask Alex: https://CoinMarketCap.com/Alexandria/
🔵 CoinMarketCap Daily:
• Major Bitcoin Mining Firm Sells 3,000 BTC and Abandons HODLing Strategy
Given the sheer amount of BTC that’s held by miners, there are fears that persistent, large sell-offs could contribute to downward pressure on Bitcoin’s price.
• Crypto Firms Slash Ad Spending By 90% as Bear Market Bites, Figures Suggest
While crypto ads dominated the airwaves on U.S. television until very recently, top exchanges have cut back on high-profile TV spots.
• No, Snoop Dogg Isn’t Attending the NFT NYC Conference
Snoop Dogg is passionate about NFTs — and is the proud owner of CryptoPunks and Bored Apes… but he ain’t at this event.
• Tether is Launching a Brand-New Stablecoin
A number of stablecoins have been nibbling away at Tether’s market share of late — most noticeably USDC, which is issued by Circle.
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
🤝 Join CoinMarketCap!
Follow CoinMarketCap on social!