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China seems to have started a real war against the cryptocurrency community. Shortly after banning crypto mining and trading, the government forces one of the country’s biggest social media platforms to ban fintech bloggers.

The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435 trillion and is now at $1.631 trillion which shows a gain of about 14%.

Alfacash is already offering the trading of 30+ cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process. Now, the users can also enjoy buying and selling Polkadot (DOT) on the platform, safely and without complications.

The month of May 2021 has been a rough trading period for most of the popular cryptocurrencies in the market. Some coins such as Bogged Finance (BOG) lost by 100%, DOTDOWN plunged by 99.26%, Bridge Oracle (BRG, 98.88%), Polar (POLARV3, 98.6%), and Zurcoin (ZUR, 98.47%).

Following Google's announcement of lifting the ban on Bitcoin and cryptocurrency ads on its website platform, the prices of major coins have skyrocketed dramatically. The total market cap has increased from $1.664 trillion to over $1.742 trillion, indicating a massive and bullish growth in the entire market of about 5%.