Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
We’ve some entertaining news on a big move from everyone’s favourite meme stock business, AMC Entertainment.
We’ve an entire slew of price predictions.
And Decred (DCR), is seeking street cred. ‘Nuff said.
Let’s dive in.
AMC Entertainment (AMC) has outlined a seven-pillar plan to further restructure the embattled movie theatre operator meme-stock, that includes a big move into cryptocurrency and NFTs.
The value of the KuCoin exchange’s KCS token soared by as much as 3,000% since its launch in 2017. What is KuCoin and how does it work?
CHR, the native token of the Chromia relational blockchain platform, is drawing itself out of the crash in the crypto market after Russia launched its invasion of Ukraine. Its 2 March price of $0.43 is 37% higher than its February low.
FET, the fetch.ai native cryptocurrency, shot up 20% on 2 March. No top 20 crypto had risen by even double figures in that time, indeed the vast majority have lost value. What FET crypto news likely drove the price performance?
NEO, the coin of the China-based crypto ecosystem, has bounced back strongly from its plunge following Russia’s invasion of Ukraine and on 2 March its price was up 40% from that low.
Decred (DCR), a cryptocurrency using a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, saw a 13% growth in the previous week and was trading at $62.07, as of 2 March.
Bitcoin (BTC) largely held its gains following the boost it got on Monday, which also marked the crypto king’s trajectory in diverging from equities.
Bitcoin is at $43,725.72, down slightly, 0.27% in the last 24 hrs.
This article was developed in collaboration with Capital.com Australia (AFSL 513393), a Stockhead advertiser at the time of publishing.