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Now let’s look at how the market is performing. Bitcoin has fallen by 5.74%, Ethereum by 3.31% and XRP falling big with 12.85%. Big decreases with Litecoin, Stellar and Cardano. You can see a similar pattern emerge here with the top 20 tokens. Unfortunately, Tron has fallen by 15.08%, Bitcoin SV by 16.01% and NEO by 11.61%.
Let’s look at the news! Opera has revealed its working hard to add support for Justin Sun’s TRON and TRC-standard crypto assets in its browser-based cryptocurrency wallet. If all goes as planned, the more than 300 million users of Opera will be able to access their TRX tokens, play TRON-based games and seamlessly use other dApps straight from their browsers, without third-party extensions.
Moving on, we have Coinbase! Coinbase has hit trending on the Appstore. It appears there is truly a resurgence in interest in Bitcoin. The increase in the Coinbase App popularity was most likely due to the recent bull run, with interest coming from would-be investors.
Moving on, CCN reported that a Legendary millionaire investor has pivoted from fraud to alive and well concerning his thoughts on Bitcoin. According to an interview with Bloomberg, Mobius appeared to change his mind. He even mentioned that the cryptocurrency market made the Tulip bubble look bad.
And finally, to end things, 10,500 Bitcoin short position closed on Bitfinex with shorts dropping by nearly 40%. The removal of this short position from the market is really dramatic. Bitfinex mentioned that perhaps, the reason the closed position had no effect on the market is because of the way the position was claimed stating that “claiming a position is essentially converting from a margin trade into an exchange trade; closing the position by buying it yourself and settling your funding costs to the lender. Because of this, there is no trading activity on the order book.”
So that’s a wrap, guys. Lots of news over the last few days. What is everybody thinking? How do you see Opera’s support for TRON and TRC20 tokens? Coinbase popularity app surging on the app store? And will traditional investors finally come around? And despite everyone going long on Bitcoin, what do you think about that short position?
Let me know your deepest thoughts! It’s Cindy with CryptoPig, Catch you guys around!
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