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Crypto downturn nukes $190M leveraged positions as traders eye CPI data
12.6.2024
The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
4.6.2024
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced...
Crypto market headed for downturn? Key signals point to retracement
23.5.2024
The cryptocurrency market, known for its volatility and rapid price movements, appears to be on the brink of another significant retracement. Several indicators and recent developments suggest that the market may be headed for a downturn, sparking concerns among investors and analysts alike....
Memecoins experience a downturn, pose questions over portfolios
21.5.2024
The meme coin market briefly crashed, dropping approximately 30% of its value. The market has successfully rebounded, but the question remains: Can it happen again, and are portfolios containing meme coins safe? Technically, yes. Every other context varies based on one’s interpretation....
Bitcoin: analysts predict short-term jump before a downturn
17.5.2024
As per the consensus among analysts, the forecast for Bitcoin indicates that it will undergo a transient upswing prior to a downturn. According to Ali, a prominent cryptocurrency analyst, caution should be exercised when selling Bitcoin. He further emphasizes this by using his TD sequential...
Pepe Price Prediction as PEPE Goes Up 14% – Is It Time To Buy?
2.5.2024
The PEPE price has jumped by 14% in the past 24 hours, with the coin reaching $0.000007027 on a day when the crypto market recovers 2% from its recent downturn.
The post Pepe Price Prediction as PEPE Goes Up 14% – Is It Time To Buy? appeared first on Cryptonews
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK
1.5.2024
As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure.
The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
Time to buy Bitcoin? Recent downturn shows off advanced Octoblock features
25.4.2024
The recent Bitcoin price drop has prompted astute investors to consider entering the market while simultaneously displaying the potential of Octoblock’s advanced features. Bitcoin price The Bitcoin price plunged below $60,000 on April 17, reaching levels last seen in February. This decline...
Elon Musk-Themed Meme Coin Skyrockets 26,896% on Solana, as Another Hidden Meme Coin Hits $5.5M
17.4.2024
Solana meme coin markets remain explosive despite the crypto market downturn, and now Elawn Moosk token is the latest Elon Musk-themed token to explode. This article will provide an analysis of MOOSK’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse...
Pepe Holders Shift to Exciting New Solana ICO, Targeting 100x Gains
17.4.2024
Holders of Pepe (PEPE) felt their bags get 24% lighter in the last seven days as meme coins took some of the hardest hits amidst a market-wide downturn. PEPE trades at $0.0553 as of the morning (UTC) of April 17, 2024. Other leading meme coins posted similar 7-day depreciation, including Dogecoin...
Shiba Inu’s burn rate Soars 25,000% amid market downturn
17.4.2024
The prominent meme-based cryptocurrency, Shiba Inu, has shown an exceptional surge in token burning rate, rising by 25,035.22% in a single day based on Shibburn’s confirmation. This showed an instant the community’s efforts to diminish the token and scalp it during the challenging...
Is Bonk Going to Zero? BONK Price Drops 33% While Rival Solana Meme Coin Snags $10M
15.4.2024
The price of the popular Solana meme coin BONK has fallen 33% over the last 7 days, according to data by CoinGecko. However, the worst of the downturn appears to have passed. BONK is now 2.4% higher than it was 24 hours ago. It’s still down about 1.5% in the last hour but with...
9 Altcoins to consider during the crypto market downturn
15.4.2024
A popular crypto YouTuber and analyst, Matt, revealed the top 9 altcoins in 2024 that will bring potentially high returns even as the crypto market faces a major downtown. Matt is optimistic about the following altcoins, considering their historical market behavior, and is expecting 100x gains...
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
Bitcoin Technical Analysis: Price Consolidates Following Bearish Downturn
3.4.2024
On Wednesday, bitcoin’s trade volume and overall value provided insights into its current technical situation. With a daily trading volume reaching $45.30 billion and a total market value of $1.29 trillion, the cryptocurrency’s liquidity and market breadth still stands strong....
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...
Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign
18.3.2024
Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market.
The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
18.3.2024
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in...