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Is Optimism About to Crash? OP Price Plunges 10% as Spotlight Swivels to New Challenger Coin
22.2.2024
Leading Ethereum-scaling solution Optimism (OP) is stirring panic amongst holders due to a 10% price plunge over the past 24 hours. This article will provide an analysis of OP’s current price trends and look to see whether a newer meme coin represents a more promising opportunity at this time....
2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
28.1.2024
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78%...
Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash
25.1.2024
Following a sudden plunge in the value of its native token OKB, which fell over 50% in a matter of minutes, Okx exchange has committed to developing a compensation plan for users caught in the resultant wave of automatic liquidations. Okx Exchange to Roll Out Compensation After Unexpected OKB Token...
Altcoins Weekly Losses Grow as Market Liquidations Continue
10.1.2024
Pixabay Cryptocurrencies face market corrections days into 2024 based on several factors ranging from trader gripping reports, a fake spot Bitcoin (BTC) ETF social media post, and other factors. On-chain data shows declining asset prices in the second week of the year, especially around altcoins...
Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence and Rising Contenders
30.12.2023
While the meme coin phenomenon bonk (BONK) captivated users on the Solana network, the cryptocurrency recently witnessed a 41% decline over the preceding fortnight, accompanied by a 20.8% descent in the past week. Following its mid-December peak to an all-time high (ATH), BONK has plummeted...
Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC) Plunge After Holders Capitalize On Gains, Analysts Eye Pullix Presale After It Sells Over 5 Million Tokens In Less Than A Week
26.12.2023
Cryptocurrency markets have witnessed a notable downturn, with major players like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price plunges. This trend has been largely attributed to holders capitalizing on recent gains, leading to a substantial sell-off. Could heads...
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
23.11.2023
Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
9.11.2023
Bitcoin hit an 18-month high near $38,000 before pulling back sharply
What Key Technical Levels Should Bitcoin Traders Watch After Crypto Price's Recent Plunge?
25.10.2023
Source: Pexels
Bitcoin price volatility declined recently, as the digital currency has been trading within a relatively modest range over the last few days. (Bitcoin Helder.
The digital currency, which was trading close to $34,000 at the time of this writing, has not moved around much yesterday...
Crypto Tokens MOON and BRICK Plunge as Reddit Sunsets Community Points
18.10.2023
On Tuesday, the social news hub Reddit unveiled that it would be drawing the curtains on the Community Points project. This revelation promptly sent two cryptocurrency coins from r/cryptocurrency and r/fortnite spiraling downward, showcasing a notable dip in value following the news. This...
Reddit-Based Tokens Plunge on Report of Wind Down of Community Points
17.10.2023
MOON, BRICK and DONUT are each lower by 60%-90%
Bitcoin, Ethereum Technical Analysis: BTC, ETH Plunge, as Profit Takers Swoop In
3.10.2023
Bitcoin retreated from a multi-week high on Tuesday, after cryptocurrencies entered overbought territories. Traders have seemingly opted to capture recent profits, ahead of key data points later this week. Ethereum slipped below $1,700. Bitcoin Bitcoin (BTC) edged below the $28,000 level during...
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep
21.9.2023
An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.”...
Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge
21.9.2023
The Bitcoin price experienced an abrupt and unexplained decline of 87% on October 21, 2021, and new information suggests that Sam Bankman-Fried's Alameda Research may have been the culprit.
Today, a former employee came forward to shed light on the company's internal operations, claiming that...
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Report: Nigerian Central Bank Sued for Dollarizing Economy
30.8.2023
In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions...
Top PEPE Holder Floods Exchanges With Meme Coin, Spooking Investors and Prompting 12% Plunge
24.8.2023
SEC seeks appeal over Ripple, crypto prices plunge and EU debuts Bitcoin ETF: Hodler’s Digest, Aug. 13-19
19.8.2023
SEC files motion for appeal on Ripple’s case, Bitcoin and Ether prices plunge and Europe welcomes first spot Bitcoin ETF