Ethereum Whales Gobble Up Over 650,000 ETH As Market Hits New Lows
Ethereum whales are going straight to market to load up their bags as ETH falls to ‘discount prices’. Just like the rest of the crypto market, Ethereum has taken a beating down, falling more than 20% in the last three days. While panic continues to…
Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?
ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low. ETH’s price continues to look bearish with the market’s current state, as…
Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity
The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value. The events seem to…
Crypto Market Drops Back Into Extreme Fear As Crash Continues
Data shows the crypto investor sentiment has once again plunged back into extreme fear, as the crash in the market continues. Crypto Fear And Greed Index Now Points To A State Of “Extreme Fear” The “fear and greed index” is…
MANA Loses 80% Of Its Value Over The Last 12 Months – No More Blessings To Come?
The MANA cryptocurrency used in Decentraland has clearly seen better days. From its 2017 high of $5.85, MANA has dropped 80% in value in the last 12 months, as shown by the most recent available data. Presently, a share of MANA can be purchased for…
The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like to admit. Moreover, there currently seems…
ETC Price And Social Dominance Figures Down In Last 7 Days – What’s Next?
Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not…
Bitcoin Plunges To $15,700 As Binance Rejects FTX Takeover – Levels To Watch
BTC’s price loses its $18,200 support as the price trades to a region of $15,700 as Binance rejects FTX takeover. BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders…
Solana Falls Out Of The Top 10 Crypto, Why There Is More Pain To Come
Solana (SOL) has been one of the tokens hit by the FTX decline in the last few days. Given FTX’s exposure to the token and the fact that they hold a sizable position, it has suffered a massive decline in tandem with the FTT token. The token has…
JP Morgan Predicts Bitcoin Crash To $13.000 Due To Cascade Of Margin Calls
Amidst the drama surrounding the busted deal between FTX and Binance, banking giant JP Morgan has commented on the current state of Bitcoin and the broader crypto market. If FTX does file for bankruptcy, the contagion could be massive. As…
XRP Price Prediction: Why The Bulls Could Protect This Crucial Support
XRP price started a major decline from the $0.50 resistance against the US Dollar. The recent collapse of FTX and FTT sparked a sharp move towards the $0.32 support. Ripple is down over 15% and there was a drop below the $0.40 support against the…
Ethereum Price Approaches $1,000, Why Upsides Could Be Limited
Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now…
Bitcoin Price Plunges 15%, Can Buyers Save The Key $15K Support?
Bitcoin price declined over 15% and even traded below $16,000. BTC remains at a risk of more losses if it breaks the $15,000 support zone. Bitcoin remained in a bearish zone after the FTX collapse and declined below $16,000. The price is trading…
FTX Acquisition And Crypto Crash Is Bad For The Community, Says CZ Binance
CEO Changpeng Zhao (CZ) gave statements to clarify the air amid the FTX ordeal and circumstances surrounding its acquisition by Binance. On Tuesday, FTT, the FTX native token, went to ruins with over 73% decline. It happened after the exchange…
Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022
In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in. Take a look at the video below: VIDEO: Bitcoin Price Analysis…
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their…
OKB Token Still Holds Above 14% Following Market Plummet
Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading…
FTX Legal Department Jumps Ship, Binance Deal Fizzles Out
The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from…
Polygon (MATIC) Looks Good Above $0.75 Despite Market Turmoil; Here Is Why?
MATIC’s price loses its $1 support as the price trades to a region of $0.8. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. MATIC’s price…
On-chain data shows Bitcoin whales with more than 1k BTC were the main sellers in the latest crash, as other cohorts displayed muted activity. Bitcoin Spent Output Value Bands Shows Spike From 1k-10k Group As pointed out by an analyst in a…
Algorand (ALGO) Loses Its Gains As Majority Of Coins Plummet
Despite bagging substantial gains earlier in the trading day, Algorand (ALGO) is down over 27% as of writing. The token’s price drop follows a bearish market sentiment that sees major coins plummet on the day. The past seven days had seen the…
Polygon (MATIC) Holds Its Gains While Market Turns Red
Polygon’s MATIC has struggled to keep its weekly gains despite the entire crypto market trading in the red zone. The crypto market plunged into an endless decline yesterday after FTX’s acquisition by Binance was made known. The FTX saga has shaken…
Chainlink Price Consolidates, How Long Will The Bulls Stick Around?
Chainlink price has been moving sideways over the past day. In the last 24 hours, the coin has only increased by 0.4%. Broader market price sentiments have crept in and many major altcoins have followed suit. In the past week, Chainlink has gained…
Chiliz Bulls Remain Watchful As CHZ Feeling Bearish Impulse
Since a prospective trend reversal appeared on the charts, Chiliz bulls have been hesitating. The Scoville Testnet’s fourth and final phase, Cayenne, was released by the Chiliz team on October 24. A new developer’s guide and associated…
Why XRP Holders Who Are Taking Profit Should Check These Data In The Coming Days
XRP has struggled to break out of a narrow range over the last few weeks and has failed to make any significant progress in terms of price pump. XRP struggles to surpass he crucial $0.53 resistance marker The altcoin is swinging between narrow…
Shiba Inu Facing Tough Hurdles For Weeks – How Could SHIB Overcome These?
Shiba Inu (SHIB) momentarily moved out of its bearish streak that’s been going for the past few weeks on October 25 when the crypto market made a rally to reclaim the $1 trillion market cap turf. SHIB went up by 10% since October 25 before…
Bitcoin Declines Slightly As Short-Term Holders Take Profits
After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed…
Top 3 Altcoin Performers Of The Week- DOGE, KLAY, MATIC
DOGE’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.088 with eyes set on $0.1. MATIC could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume…
Avalanche Price Remains Positive But Could Experience Bearish Pull At This Level
Avalanche price has depicted positive movement over the last 24 hours. Over the past 24 hours, the coin has appreciated by 3%. In the last week, AVAX shot up in double digits, which helped the coin break its sideways trading. The bulls now have…
Dogecoin (DOGE) Climbs 44% In Last 7 Days As Other Cryptos See Correction
While the crypto market faces a correction period, Dogecoin has been able to notch gains. The popular meme coin has boasted over 44% gains in the last week alone. The cryptocurrency currently trades at $0.086 with a 24-hour volume of…
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