The Cryptocurrency Whale Phenomenon: How Do Investors Thread Volatility Splashes?
Cryptocurrencies remain extremely volatile. Bitcoin is consistently on track for topping their biggest monthly increase and decline. It faced one of their record-highs of 37.5% decline just this May 2021, and frequently sees drops like 37% drop seen in November 2018 and 40% slide in September 2011. Most recently, the price of bitcoin climbed to $34,805 June 28, up 8% from where it stood at 5 p.m. ET Friday, after Mexican billionaire Ricardo Salinas Pliego encouraged its purchase. This volatility serves as a double-edged sword, both as an exciting asset choice for some investors and apprehension for others, preventing widespread adoption.
The Crypto Whale Phenomenon: How Do Investors Thread Volatility Splashes?
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MINA Token Trading on OKEx, Kraken, Coinlist at Around $3
5 hours ago by Bhushan Akolkar · 2 min read
Photo: Depositphotos
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Mina blockchain’s native token MINA is making its way to exchanges for trading. Last month, the MINA token sale on CoinList raised $18.7 million worth of funds.
Lightweight blockchain Mina is making some big moves recently with its native cryptocurrency MINA going live for trading at some of the biggest crypto exchanges. On Monday, May 31st, crypto exchange OKExannounced listing MINA crypto for its spot trading markets.
Besides OKEx, on June 1, MINA is reported to have gone live for trading on the Kraken crypto exchange. The users of Kraken can start deposits and withdrawals for MINA starting today. However, the trading of MINA shall not be available in some of the jurisdictions like the US, CA, AU, and JP.