Cardano (ADA) recently saw its price drop to as low as $0.2799 but was immediately followed by a rebound, thus fueling renewed optimism among investors and analysts. The broader cryptocurrency market, which had been in a bearish phase, is now showing signs of a bullish turnaround, notably marked by Bitcoin’s ... Read more
Ethereum (ETH) dropped dramatically to as low as $2,122 recently. This dip sent waves of worry among the investors, most of whom believed that this might be the start of further deteriorations. However, it was short-lived pessimism because Ethereum showed great resilience and started a strong recovery. Currently, ETH is ... Read more
Japan’s stock market plunged into a bear market Monday after the Nikkei 225 and Topix indexes plummeted over 12% each, as the broader Asia-Pacific region faced another day of sharp selling from last week.”. The Nikkei 225 had its biggest one-day slip since “Black Monday” in 1987, closing at 31,458.42 ... Read more
VeChain (VET) has been sailing through troubled waters, which is pretty evident from its medium to long-term downward trend channel. This pattern indicates a constant sell-off by investors, who have been selling their holdings at ever-decreasing prices. The bearish sentiment circulating around VeChain reflects a broader pessimistic development for the ... Read more
In the highly volatile world of cryptocurrency, frequent market crashes seem to light waves of fear, uncertainty, and liquidation. Despite all this drama, World Of Charts, a highly regarded crypto analyst, remains optimistic. He stresses that while market downturns can result in huge losses and panic among investors, they also ... Read more
Bitcoin witnessed a steep fall, and its effects were felt across the whole cryptocurrency market. In the last 24 hours, BTC slipped more than 16% to break below the key $50,000-level area. This tugging downward pulled traders into a difficult position, with unrealized profit margins of traders falling to the ... Read more
Shiba Inu’s lead developer, Shytoshi Kusama, has echoed the sentiment of prominent crypto analyst Oscar Ramos of HODLing amidst the recent market crash. “They want your cheap crypto. Are you going to sell to them?” he stated, indicating that the ongoing bearish sentiment could be a buying opportunity for some. ... Read more
Ethereum, the leading cryptocurrency, has been caught in a whirlwind of market downturns after significant moves by major market players. Jump Trading., a prominent crypto market maker, has offloaded a total of 120,695 wstETH (wrapped staked Ethereum) tokens worth roughly $481 million. This transaction coincides with the sale of another ... Read more
Genesis Global, one of the largest lenders of crypto assets, successfully completed the process of bankruptcy reorganization and began distributing almost $4 billion in digital assets and cash to creditors. The milestone marks a giant recovery phase for the company, which declared bankruptcy in early 2023 amid a challenging bear ... Read more
Internet Computer (ICP) has seen much turbulence in its market performance recently. It seems to be greatly influenced by the recent sharp decline of Bitcoin (BTC). The token has dropped almost 17% in just the last week. If one looks at a longer time frame, though, Internet Computer has shown ... Read more
