Core Ignition Drop Claiming Guide

Posted by
 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
0

Bitcoin Fall Below $8000 Again

Posted by




Bitcoin and other digital currencies were in free fall Wednesday 23, 2018. Over the past 24 hours, the bitcoin price dropped by around 4 per cent from $8,300 staying at $7,606 as at the period of publishing this post.

The collapse in cryptocurrencies has seen the total value of all coins fall to $326 billion, down some $50 billion in just 72 hours, according to Coinmarketcap.

Bitcoin bull Tom Lee of Fund start Global Advisors is holding firm, telling CNBC that institutional investors are just waiting for clarification of regulation before dipping their toes in the water.

Lee told CNBC that his price target for the No. 1 digital currency "Bitcoin" remains at $25,000.

Bitcoin Price Trend

The correction of the cryptocurrency market can be attributed to three major factors: Mt. Gox sell-off in early May, Bitfinex taxation policy, and a scandal involving South Korea's two largest cryptocurrency exchanges Upbit and Bithumb.

The three factors led investors to lose confidence and trust in the cryptocurrency market in the short term. By targeting a small portion of their user base to forfeit tax IDs and personal identification, Bitfinex led large-scale investors to become fearful of potential government intervention and withdrew big sums of funds from the exchange.

In South Korea, due to the controversy surrounding UPbit and Bithumb, local investors have become confused and indecisive, not knowing whether the local cryptocurrency market can be trusted or not.


Spread the news

Comments

Post a Comment