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
In recent weeks, the confluence of several global uncertainties has led to notable turbulence in the cryptocurrency market. The trifecta of concerns surrounding the U.S. election, fluctuating interest rates, and potential instability in the Middle East has created a perfect storm, causing a significant drop in Bitcoin and other Altcoin ... Read more
On Thursday, the appellate court in Montenegro approved the extradition of Do Kwon, co-founder of Terraform Labs, to South Korea. This decision marks the end of a prolonged legal tug-of-war between South Korea and the United States, both of which sought Kwon’s extradition following the catastrophic collapse of the TerraUSD ... Read more
Bitcoin currently faces a highly turbulent period as its value declines sharply. The flagship cryptocurrency struggles to hold above the important level of $60,000, considered critical in preventing further downward momentum. At the moment, BTC holds this level but is under heavy pressure. In the last week, BTC was down ... Read more
