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Stocks & Crypto Coins Updates

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@Coins

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Binance says BSC hard fork successful after hack

https://twitter.com/BNBCHAIN/status/1580143486191271936

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OpenSea Weekly Volume Hits New 2022 Low.

OpenSea is down bad this week as the NFT marketplace has done only $70M of trading volume over the previous seven days. OpenSea saw just $6.2M of trading volume yesterday, representing the lowest daily volume in 2022 so far.

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Magic Eden, the NFT marketplace that's primarily focused on Solana based project, has announced that it will transition to “optional royalties” and plans to launch a promotion with no platform fees.

https://twitter.com/MagicEden/status/1581101016686399491

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Significant Lack of Demand In the Market:

The perpetual futures market significantly affects the short-term price movement of Bitcoin. As a result, it could be beneficial to assess the sentiment of the futures market, and one of the best metrics to do so is funding rates.

The funding rates have turned negative once again as the price has dropped from the $22K level and is consolidating at the $19K support. However, the metric’s values are significantly low compared to the 2019-2021 period indicating a massive lack of demand and activity in the futures market, which usually results in a period of consolidation and range phase. This metric should be watched closely in the short term as possible extreme negative values increase the probability of a short-squeeze and could cause a reversal in the cryptocurrency’s price.

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$718 million across 11 different DeFi protocols have been hacked so far this month, according to blockchain analytics unit Chainalysis.

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Crypto lender Celsius incurs more than $3 million in legal fees

https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf

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Kanye West seen wearing Satoshi Nakamoto hat after JP Morgan let go of his $160M account.

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Floki Inu Launches Petition to Get Binance to List FLOKI

https://twitter.com/RealFlokiInu/status/1581905591190327296

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