Top crypto news today by #DieHardBirdie
#1
Despite his portfolio diversification, the investor still admitted that the current crypto crash is “more painful†compared to previous bear market cycles.
“This is certainly more painful because the numbers are bigger,†said Novogratz.
#2
Polygon's Co-Founder Shares His (Moderately Optimistic) Take on This Market Cycle Bottom
Polygon's Sandeep Nailwal: We witnessed panic and capitulation. Technical analysis indicators agree. Sandeep Nailwal, one of the key figureheads of Ethereum's Web3 and co-founder and COO of Polygon Network (formerly Matic Network, MATIC), supposes that the market might be approaching its much-anticipated "bottom."
Original Article Link
#3
MicroStrategy plays it cool as crypto investors sweat over margin call
MicroStrategy chief Michael Saylor says the company has enough “additional collateral†to dodge a looming margin call despite shedding a quarter of its share price following bitcoin’s latest plunge. As reported by The Wall Street Journal (WSJ), the firm’s shares fell 25.18% on Monday to $152.15, followed by another 3% dip on Tuesday. This comes just three months after the company borrowed $205 million to bolster its bitcoin holdings.
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#4
FTX is acquiring Canadian cryptocurrency trading platform Bitvo
FTX is acquiring Canadian crypto trading platform Bitvo.?The deal is set to close in the third quarter of this year, pending regulatory approval.?FTX is set to acquire Canadian crypto trading platform Bitvo as the cryptocurrency exchange continues to add to its global treasure chest of acquisitions.?FTX announced the news on Friday in a release, saying that the deal is set to close in the third quarter of this year on the condition it receives regulatory approval.?
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