Axie Infinity And ApeCoin Crash By Double-Digits As BTC Corrects

Axie Infinity and ApeCoin crash by double digits while Bitcoin corrects as we can see more in our today's latest altcoin news. The NFT-based coins like Axie Infinity and ApeCoin plummeted amid the wider marekt rout and posted double-digit losses in the past day.

Timeline of Apecoin-ape, Axie-infinity, Bitcoin

The United States on Friday sanctioned cryptocurrency mixing service Blender for allegedly helping North Korean hackers launder around $20.5 million stolen from the Axie Infinity hack at the end of March. The post U.S. Sanctions Bitcoin Mixer Blender for Helping Launder $20.5M to North Korea appeared first on BeInCrypto.

Bitcoin's (BTC) string of losses in the past month have put the token on course for its worst weekly run on record. BTC is now set for its sixth straight week of losses- its worst weekly run yet.

Blender.io, a platform focused on providing mixing services in the crypto market, has been sanctioned by the US Treasury. According to the regulatory body, the Blender platform played a vital role in the successful hack of Ronin bridge and Axie Infinity some weeks ago.

It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The post Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy appeared first on CryptoSlate.

Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information platform Coinglass reveals that on May 5th, more than $407.60 million worth of trader positions in digital assets were wiped out in a 24-hour The post Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low appeared first on The Daily Hodl.

At press time, Bitcoin (BTC) was trading in the red zone at $35,805, over 10% lower in the last 24-48 hours as per data from CoinGecko. The token has been experiencing a hard time since this is the fifth week that BTC has been trading in the negative.

With the king coin trying fresh support levels on a daily basis, it can be claimed that the bear has flatly refused to wake up and wishes to remain in hibernation. Bitcoin (BTC) has had an exceptionally difficult month, falling from $46,598 on April 4 to $36,432. In addition, the Awesome Oscillator (AO) confirms the …

Early on May 7, cryptocurrencies were trading in the red. The worldwide crypto market capitalization is $1.65 trillion, down 0.92 percent from the previous day. The overall crypto market volume over the last 24 hours has decreased by 17.85 percent to $93.61 billion. The overall volume in Defi is currently $9.81 billion, accounting for 10.48% …

  Apecoin is a cryptocurrency that takes inspiration from renowned NFT collectables known as the Bored Ape Yacht Club. Which is the biggest NFT project by market capitalization. It left everyone astounded when the APE's price hit the $24 mark on April 29th. In just a few days after its launch on March 17.  The market …

The performance of the global crypto market has begun to improve as the new gains for it have helped it strengthen its value. The new changes helped relieve the ongoing bearish situation as Bitcoin and some others have gradually reduced their losses.