Tag: crypto market crash

The crypto market is one of the most rewarding markets in the financial sector. However, like other markets, it is susceptible to a high volatility rate. These volatilities occur due to some factors in the market. Volatility can be, either way, seeing tokens witness a massive increase or decrease. Most of the time, a decline in volatility is mild,...

The largest stablecoin in the cryptocurrency world scared the already panicked market when its lost its dollar pegged value. It went down to slip as low as $0.9455 cents. However, it has now recovered to trade at the price of $0.993, at the press time. Meanwhile, the Tether organisation issued a statement amid the recovery....

Amid the current market dump, every cryptocurrency is trying to hold its fort. In this bid, many crypto leaders are moving the funds to ensure the stability of their network’s tokens. TRON Founder Justin Sun recently announced a $2 Billion reserve to shield its native token TRX amid Terra’s historic crash. TRON buys $98 million...

Steep losses in the cryptocurrency market caused mass liquidations in the past 24 hours, recent data shows. While total market capitalization sank by 3% to below $1.45 trillion, the effect was magnified across futures trading. Long positions bore the brunt of liquidations- a common theme this year, as traders repeatedly tried to call the bottom....

With the crypto market plummeting to 2022 lows, major whales appear to be heavily buying stablecoins and a few select tokens. While this has done little to support prices, given that selling is largely outpacing buying, whale transactions could help indicate which tokens are set for a quicker recovery. Some major cryptos also appear to...

Since their inception, cryptocurrencies have been volatile assets with unstable prices at any given period. This volatility has slowed down the adoption of cryptocurrencies in many countries, as its impact worries financial regulators. Financial regulators believe that adopting digital currencies with unstable values will affect their economies and citizens....

The crypto market recorded its worst day in six months as the majority of cryptocurrencies bled out in double digits. The crypto market mayhem saw the biggest liquidation day in 15 months as over $2.5 billion worth of leveraged positions got liquidated over the past 24-hours. The overall market cap fell by nearly 20% with The post Here's What Led to the $500...

The cryptocurrency market registered a sharp correction earlier today where the top-10 cryptocurrencies lost 7-10% of their market cap within minutes. The market correction led to nearly $300 billion getting whipped off the crypto market as its valuation fell from $3 trillion to $2.65 trillion at the time of writing. This is the second flash The post Here's What Led to the $300...

The crypto market has always been known for its volatile nature, albeit the past months being quite the wild ride. Last December for instance, saw Bitcoin trading around $20,000, before rising to more than $40,000 in January 2021. Continuing its bull run, Bitcoin price hit its then all-time high of $65, 000 by April. The The post Crypto market is always volatile for...

People's Bank of China (PBoC) issued a fresh set of detailed crypto crackdown guidelines today even when many were assured that we are past China crypto ban FUD. The new set of guidelines seems to be quite comprehensive and prohibits every aspect associated with cryptocurrencies. The Chinese central bank deemed crypto illegal and claimed it The post China Central Bank Issues Detailed Crypto...

Bitcoin's (BTC) price...

NFT marketplace Rarible announces it has raised $14.2 million in a Series A funding round. The company, founded just last year, plans to use the funding for advancing their goal of making NFTs more mainstream. Behind the Series A funding round were names like Coinfund, Venrock, and 01 Advisors. Rarible...

The cryptocurrency market registered a 20%+ collective drop in market cap over the past couple of hours where Bitcoin registered its weekly low of 45,478 and Ethereum fell below $1,400 for the first time in weeks. The sharp price fall of...