Core Ignition Drop Claiming Guide

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 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
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Bitcoin bounced back above $60k following a sudden $100 billion outflow

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On Tuesday morning, the price of Bitcoin (BTC) dropped below$60,000 as a result of a market-wide crash that saw the flagship digital currency lose more than $100 billion from its market cap.

Some other cryptocurrencies (Altcoins) also fell in value such as Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) all falling by between 5 and 10% including others.

Bitcoin is currently trading at $60,625, down 7.56% in the last 24 hours and 10.79% over the previous week, with a market cap over $1.12 trillion, after reaching a new all-time high of just under $69,000 less than a week ago.

BTC 1-day price chart. Source: CoinMarketCap

There is no obvious explanation for the price decline currently. However, some of the likely reasons contributing to the drop are an increased crackdown on Bitcoin mining in China, the rejection of a spot Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) of the United States, and long-term investors taking gains off the top of their investment.



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