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Daily Crypto Update: Correction stance stands with minimal grace
24.7.2024
The week has not been favorable for the crypto market as it continues to showcase bearish tendencies. Ever since Biden made a surprising exit from the presidential race, the financial market has remained uncertain. Even the stablest cryptocurrencies, such as Bitcoin and Ethereum, are gradually...
Stock market slump trickles into today’s Bitcoin and altcoin correction
19.7.2024
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?
Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
10.7.2024
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
10.7.2024
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction
Chainlink price analysis: LINK hits $12; time for correction or further growth?
8.7.2024
The market volatility increases as the price of Bitcoin falls. The market is also under pressure as the Mt. Gox repayment plan begins. As the defunct crypto exchange begins to pay its creditors back by releasing a large amount of BTC back into the market, the price of altcoins has also taken...
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
6.7.2024
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull...
$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
4.7.2024
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon
Why reports of the death of NFTs are greatly exaggerated
27.6.2024
Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."
Assangedao’s JUSTICE Token Surges and Dips Amid Julian Assange’s Release
26.6.2024
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token....
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
24.6.2024
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...
4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure
24.6.2024
Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany's government selling its 50,000 BTC
Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929
23.6.2024
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning artificial intelligence (AI) sector, feared to be...
Toncoin price risks correction after TON's 34% surge in 2 weeks
14.6.2024
The bullish scenario has TON price rallying 65% in July if the classic bullish continuation breakout setup plays out
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
13.6.2024
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021
Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
3.6.2024
Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report
PEPE surges 115% in 30 days, but correction looms
27.5.2024
PEPE has gained more than 100% in the last 30 days. It is now exchanging hands at $0.00001686. The frog-themed meme coin is also up by 11.615 in the last 24 hours. What makes it the point of discussion is the expected correction phase. PEPE has sustained gains in the last couple of months. However...
Traders say Bitcoin price correction a ‘fake out’ before the next leg up
23.5.2024
Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback
Bitcoin surges 16% in May, but analysts warn of correction ahead
20.5.2024
Bitcoin has experienced a notable surge in value, rising 16% month-to-date and currently trading around $43,000. This upward trend has been primarily attributed to positive market sentiment driven by several key developments, including the anticipation of spot Bitcoin ETF approvals and significant...
Bitcoin's $66.9K price holds strong casting doubts on a 'deep correction'
19.5.2024
Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood
Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’
12.5.2024
In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets...