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PYTH crypto could crash as potential death cross looms Pyth Network’s price has dropped over 66% from its yearly high, and technicals point to a further downside. As of the afternoon on May 21 (Asia time), -2.39% The latest slide follows a scheduled token unlock on May 20, which released approximately 2.13 billion PYTH into circulation, valued at $275.11 million. The unlock, part of Pyth’s annual vesting cycle, represented 58.7% of the circulating supply at the time and was distributed to early investors, contributors, and ecosystem participants. Following the event, Pyth’s circulating supply has surged to nearly 5.75 billion tokens, around 57.5% of its maximum supply, which is capped at 10 billion. With this unlock, approximately 36% of the total supply is now in active circulation. The final two unlocks are scheduled for May 2026 and May 2027. Pyth Network dips below mid-band and RSI trends lower as $313M token unlock looms Large unlocks like this often unsettle investors, as they inject a significant volume of new tokens into the market without a matching rise in demand. That imbalance can lead to downward price pressure. Even if not all recipients offload immediately, many tend to sell early, anticipating further declines. At the same time, unlocks are often part of a project’s long-term roadmap to distribute ownership more broadly and reward early contributors. They usually mark key milestones in the development cycle. #PythNetwork
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yes their is 7sxt rewards for 100 usdc trading volume. Click on trade now and scroll down u will see that.And the reward will be distributed in 30 hours
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u are new to crypto. U don't know anything about Terra lunc crash 😆
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📢 Mesh integrates Apple Pay for crypto transactions . 📌Crypto payments firm Mesh has announced an integration with Apple Pay that will enable merchants to accept cryptocurrency payments directly through Apple Pay. ♦️Scheduled for release later in Q2, this integration will facilitate crypto transactions for Mesh's partner merchants without their own crypto infrastructure. 📌 The Apple Pay integration is powered by Mesh's SmartFunding technology, which allows customers to pay with cryptocurrencies like BTC, ETH, or SOL. ♦️Merchants can then settle these payments in the stablecoin of their choice, including USDC, USDT, PYUSD, and others. ♦️This technology claims to simplify the transaction process, with users selecting Apple Pay at checkout, authenticating via Face ID, and completing the transaction in fiat currency payments. 📌Mesh CEO and co-founder Bam Azizi said: "We believe that as soon as crypto payments are as seamless as fiat payments, nothing is left to stop the mass migration of global commerce onto blockchain rails. Crypto already offers countless benefits over fiat, and Mesh is solving the UX and convenience pieces 📌With our Apple Pay integration, we're solving crypto's existential last-mile problem, bringing to life a plug-and-play solution that turns on global crypto payments through our existing partners." ♦️This development follows Mesh's $82m Series B funding round, led by Paradigm and supported by investors such as Consensys, QuantumLight Capital, and Yolo Investments. 📌Mesh has over 300 integrations, including prominent crypto exchanges and wallets like Coinbase, Binance, MetaMask, and Phantom. ♦️Mesh integrates Apple Pay for crypto transactions was originally created and published by Electronic Payments International, a GlobalData owned brand. #DigitalCurrencyRevolution
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📢 Bitcoin Turns Positive Year-to-Date as It Veers Toward Digital Gold Narrative 📢Bitcoin's strong correlation with gold continues as economic uncertainty grows. 📌 What to know: ♦️Bitcoin has a strong positive correlation of 0.70 with gold, distancing itself from tech stocks. It has a 0.53 correlation the with Nasdaq 100. ♦️The BTC price is approaching $95,000 after its best weekly performance since late 2024. ♦️Despite President Trump’s aggressive tariffs on China causing a slowdown in global cargo shipments, bitcoin continues to show resilience against broader economic instability. 🧿Bitcoin (BTC) returned to positive territory for the year for the first time in almost two months, approaching $95,000 and erasing a drop of as much as 18%. 📌 Its current performance, up less 1.5% since Dec. 31, places it between gold, which has gained 24% and the Nasdaq 100, which is down over 7%. As a result, the narrative positioning bitcoin as either a leveraged tech stock or digital gold is leaning slightly toward the digital gold narrative. But only just ♦️Analyzing bitcoin’s correlation coefficients over a 30-day moving average, the largest cryptocurrency by market capitalization now shows a strong correlation of 0.70 with gold and a weaker 0.53 correlation with the Nasdaq 100. This suggests bitcoin is aligning more closely with gold's behavior than with tech equities. Correlation values can run between 1, a strong positive correlation, and -1, a strong negative correlation. 📌 Meanwhile, Trump’s tariffs continue to feed economic uncertainty. U.S. levies on Chinese goods were raised to 145% earlier this month, leading to a significant drop in cargo shipment demand, according to Bloomberg. As noted in the report, major retailers like Walmart are warning that empty shelves and higher prices could return, reminiscent of the COVID era. #TrumptaxCuts $BTC
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