The cryptocurrency market has lost more than 7% of its value during the past day – indicating strong bearish pressures. Bears have dominated the market amidst uncertainty in the United States regarding crypto regulation. However, the beauty of the market lies in the opportunities it provides despite a bearish momentum. Read on to find out how you can still make money!
Highlights of the week
Here are the top developments that happened around the market:
- BTC’s weekly performance shows a decline of 15% as the king of the market fell below $40k – currently standing at $36,887. Ethereum, too, has lost 17% of its value during the week and is trading hands at $2,526
- The Federal Reserve of the United States has banned officials from trading stocks and cryptocurrencies after a couple of scandals emerged last year
- Lawmakers in Wyoming are pushing the state for launching its stablecoin
- Intel has launched a Bitcoin mining chip along with a mining rig. There is also news about the next generation of the chip being under development
- FTX – the leading crypto exchange – has announced to launch a gaming unit called FTX Gaming
- The Russian Finance Ministry has submitted proposed legislation for cryptocurrency regulation in the country which would bar direct transactions
- The Indian authorities have arrested 11 people in a crack against a crypto scam that would have washed down $5.4 million
The owner of Bored Ape Yacht Club NFT has filed a lawsuit against OpenSea claiming the exchange sold his NFT for a fraction of its cost
Hottest Airdrops
Get your hands on some of the hottest airdrops currently going on
Metablaze Airdrop
- Visit the Metablaze airdrop page
- Submit your details and sign up
- Complete social tasks to earn entries
- 500 participants will be selected at random to win $10 worth of tokens with an additional 200 participants winning $20 worth of MBLZ
- The top two referrers will also receive $500 worth of MBLZ
Faith Tribe Airdrop
- Visit the Faith Tribe giveaway page
- Submit your details & sign up
- Complete social tasks to earn entries
- Submit your Polygon wallet address on the giveaway page
- A total of 50 participants will be selected at random to win $50 worth of tokens each
Santos Airdrop
- Create an account on Binance
- Users with a minimum trading balance of $200 in SANTOS across any spot pair will be ranked on the basis of their trading volume
- The users will then share a prize pool of $10,000 worth of tokens
inShape Airdrop
- Visit the inShape airdrop page
- Sign up with your details
- Complete social tasks to earn entries
- The top 20 users in terms of number of entries will win up to 1,000 USDT and 15,000 SHAPE tokens each
NFT Gaming Stars Airdrop
- Visit the NFT Gaming Stars airdrop page
- Sign up by entering your details
- Complete tasks to get earn entries
- Referrals also earn entries
- The top 200 participants will win $100 worth of tokens
