axs
The cryptocurrency market remained largely unchanged in February, disappointing investors who were expecting the January rally to continue in the second month as well. Bitcoin gained about 0.2% last month, compared to a 38% rise in January. Ether gained 1.7% last month, following a gain of 31% in January. Although the crypto market had a strong start to 2023, many expect the market to struggle for the remainder of 2023. Amid such a backdrop, let’s take a look at the 10 worst performing cryptocurrencies in Feb 2023. Q4 2022 hedge fund letters, conferences and more 10 Worst Performing Cryptocurr...
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Most crypto investors will remember 2022 as one of the worst years for cryptocurrencies. Bitcoin (down 65% year to date) and many other major cryptocurrencies have dropped significantly this year, especially after the collapse of FTX, one of the world’s largest cryptocurrency exchanges. Let’s take a look at the 10 worst performing cryptocurrencies in 2022. Ten Worst Performing Cryptocurrencies In 2022Q3 2022 hedge fund letters, conferences and more Launched in 2019, Algorand is a decentralized, blockchain-based network that aims to speed up transactions and improve efficiency. ALGO is down by ...
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After a very turbulent September, the crypto market performed comparatively better in October. Most cryptocurrencies traded in a narrow range for most of the last month but edged up a little in the final week of October. Still, there were many cryptocurrencies that posted significant losses last month. Let’s take a look at the 10 worst-performing cryptocurrencies in October 2022. Ten Worst-Performing Cryptocurrencies In October 2022Q3 2022 hedge fund letters, conferences and more We have only considered cryptocurrencies with a market capitalization of more than $500 million (as of Nov. 1, 2022...
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The crypto market witnessed a massive bull market in 2021, but this year has been different so far. The market has dropped by more than 50% from its November high last year. Only a few cryptocurrencies have posted a positive return this year, while many cryptocurrencies have lost more than half their value, including Bitcoin. Such a drop offers investors an opportunity to buy promising coins at a reduced price. Let’s take a look at the ten worst performing cryptocurrencies in H1 2022. Ten Worst Performing Cryptocurrencies In H1 2022Q2 2022 hedge fund letters, conferences and more Launched in 2...
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The crypto market faced a lot of challenges in Q2 2022, resulting in the total crypto market cap dropping by over 58% in Q2. In Q2, Bitcoin witnessed its worst performance in more than a decade, while only a few cryptos were able to outperform the market. Let’s take a look at the ten worst-performing cryptocurrencies in Q2 2022. Ten Worst-Performing Cryptocurrencies In Q2 2022Q1 2022 hedge fund letters, conferences and more Launched in 2019, it is an enterprise-grade public network that helps individuals and businesses develop powerful decentralized applications (DApps). HBAR is down by almost...
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June was another not-so-good month for the crypto market. The market sell-off intensified last month following the adoption of contractionary monetary policies by the Federal Reserve to control the rising inflation rate. This resulted in the total global crypto market cap moving below $1 trillion in June, compared to almost $3 trillion during parts of 2021. Let’s take a look at the ten worst-performing cryptocurrencies in June 2022. Ten Worst-Performing Cryptocurrencies in June 2022Q1 2022 hedge fund letters, conferences and more Axie Infinity is a blockchain-based trading and battling game, w...
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Axie Infinity (AXS) made a lot of people rich… temporarily. In 2020–2021, the crypto token shot from about 14 cents to above $150… handing out a mind-boggling 107,000%+ return… in just one year. Q1 2022 hedge fund letters, conferences and more That’s 300% more than the average Filipino makes. It’s equivalent to an American making $160,000 a year playing video games. Keep in mind, these players weren’t professional gamers. They weren’t part of an esports team. And they didn’t receive money from sponsors. They simply got paid for playing a video game. Amazing, right? Unfortunately, like many uns...
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Similar to the equity market, the crypto market didn’t perform well last month. There were only a few cryptocurrencies that managed to end the month in green. On the other hand, many major altcoins lost heavily last month, giving an opportunity for investors to initiate new positions. Let’s take a look at the ten worst performing cryptocurrencies in April 2022. Ten Worst Performing Cryptocurrencies In April 2022Q1 2022 hedge fund letters, conferences and more It is a decentralized storage system with an objective to “store humanity’s most important information.” Filecoin’s decentralized nature...
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Blockchain technology has revolutionized the gaming space. By bringing in its “decentralized” nature, blockchain technology has come up with an entirely new way of interacting with gamers. Another benefit of blockchain technology is the introduction of the play-to-earn concept. Basically, it allows gamers to be rewarded with in-game assets. Moreover, it gives gamers control and ownership over in-game assets, and in turn, a chance to increase the value of their assets by playing the game. These assets could range from gaming tools, weapons or cryptocurrencies, or any other in-game assets that c...
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