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Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
4.7.2024
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...
QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
19.6.2024
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders...
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
18.6.2024
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions...
Avalanche and Internet Computer navigate price changes; KANG set for new ATH
3.5.2024
Although the prices of Internet Computer (ICP) and Avalanche (AVAX) have been declining in the past month, both tokens are considered to be in a good entry phase for buyers. Having both seen very significant price spikes this year, their low prices signal another starting point for an impending...
Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over?
5.4.2024
Despite Dogecoin's recent price decline to $0.173, its resilience is evident with a $2 billion trading volume, solidifying its position in the cryptocurrency market's top 10.
The post Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over? appeared first on Cryptonews
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
SatoshiVM Team Wallet Activity and 25% Price Decline Cause Rug Pull Fears
22.1.2024
SatoshiVM’s concerning wallet activity and token transfers have raised worries it could be executing an exit rug pull scam. Image by Kerem Goktug Kaya, DALL-E 3. The recently launched cryptocurrency SatoshiVM (SAVM) is being accused of being a scam, with a price decline and suspicions of...
NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue
16.10.2023
Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility
On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest
5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.
The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...
Biggest Movers: BNB Rebounds From 1-Year Low, SHIB Surges Higher
23.8.2023
BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shiba inu also rose, following recent losses....
Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%
2.8.2023
The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data reveals LTC has declined over 4% in the past 24 hours....
Block's Q4 Bitcoin revenue down 7% on crypto price decline
24.2.2023
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines
Dogecoin Suffers a Significant Price Decline Within Minutes!
22.10.2021
Dogecoin has so far surpassed the $0.2666 resistance level for the last month. While other cryptos are trending and making fresh highs, it is confusing why DOGE is not moving. Although it’s no sign of any weakness, meme-based cryptocurrencies are meant to be volatile. Flash crash of October...
Ethereum (ETH) Seems Bullish After Recent Price Decline
1.10.2021
The crypto market capitalization reached $1.92 trillion in September, with a rise of almost 4% compared to the previous trading sessions. The volume of cryptocurrency is also rising. Ethereum (ETH) is a cryptocurrency owned by an Ethereum platform traded using the decentralized application networks...
JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation
29.6.2021
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan...
Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy
24.6.2021
Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto...
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
14.6.2021
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional...
Litigation and Steady Price Decline — Can XRP Sustain Such Attrition?
26.4.2020
Analyst skeptical about prospects for XRP price rebound: “With time, it becomes obvious that it was a bubble”
Bitcoin Price Decline Prompts US Mining Firm to Shut Down ‘Indefinitely’
27.3.2020
Digital Farms is halting operations due to low bitcoin prices, its owner says