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Bitcoin rebounds on Wall Street open as exchange BTC reserves plunge after $42K dip
8.12.2021
Friday's sell-off made exchanges shed excess BTC even faster than before, data shows
USDT Vs. USDC, CVI Platform Takes the Plunge
24.11.2021
Both USDT and USDC are stablecoins pegged to the USD. Unlike many cryptocurrencies, the fact that they are tethered to such a stable asset like the USD gives them their name, ‘stablecoins.’ Both of these currencies can be used for trading and investing, and they are some of the leading stablecoins...
Bitcoin and Ethereum Plunge, MANA and SAND Rally
19.11.2021
Bitcoin price failed to clear the USD 61,200 resistance. As a result, BTC started a fresh decline below the USD 60,000 and USD 58,500 support levels. It is currently (04:17 UTC) down 6.7% and is trading near USD 56,000.
Similarly, most major altcoins are sliding. ETH is down 6.4% and traded below...
CryptoPunk Mistakenly Sells at Over 99% Discount, NFT Sales Plunge Again
2.11.2021
CryptoPunk 7557, one of the 55 non-fungible tokens (NFTs) in the collection that sports a tiara, was sold at more than 99% discount for ETH 4.444 (USD 19,000 at the time of writing) possibly due to a mistake on Monday. In either case, the hype around NFTs is cooling down once again....
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IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
26.10.2021
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet...
Eternal Beings NFT prices plunge after rapper Lil Uzi deletes promo Twitter posts
30.9.2021
The Eternal Beings team stated on Discord that Lil Uzi has only temporarily walked back from the NFT project to work on his new album
Nigerian Currency Plunges to New Low of 570 — 10% of Value Lost in Under 30 Days
17.9.2021
The Nigerian currency, the naira, plunged to a new all-time low of N570 for every dollar on September 16, 2021. This new exchange rate means since August 17, the naira has now lost about a tenth of its value on the foreign currency black market. Naira Overvalued In spite of this plunge, which...
Bitcoin rebounds to $31.6K but warnings of another BTC price plunge are everywhere
21.7.2021
Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say
Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
20.7.2021
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar...
John McAfee tributes, El Salvador’s bold plans, altcoin fears: Hodler’s Digest, June 20–26
26.6.2021
Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high
25.6.2021
Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991
Bitcoin (BTC) May Plunge More Than Rally, Say Experts
4.6.2021
Given Bitcoin’s highs and lows in its more than a decade-long history, the question looms large for investors whether it presents riches for rags. When BTC was conceived in 2009, it was hoped to be perceived as a digital currency that would replace fiat currency not controlled by a Central bank...
Elon Musk Reaffirms His Crypto Allegiance
23.5.2021
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that...
Plunge in Bitcoin & Effect on Cryptocurrency
20.5.2021
Recent crypto crash It will be worth noting that the falling of cryptocurrency reinstates the fact that these are volatile assets. The current melting of the cryptocurrency is not attributed to any single isolated event. It is the cumulative outcome of uncertainty and confusion on the part...
Many Major Stablecoins Take a Brief Plunge Below USD 0.9
19.5.2021
In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.)
At 13:30 UTC, major cryptocurrencies...
XRP Marks Massive Plunge of More than 7% in 24 Hours
17.5.2021
The previous week spelled trouble for the cryptocurrency industry as major players like Bitcoin, ETH, and XRP faced downward tendencies. XRP dropped as much as 2.69% on Sunday alone, affecting its rally of 6.22% on Saturday. Overall, Ripple dropped by 5.63% the previous week, reaching the market...
Bitcoin Surges After Huge Plunge
27.4.2021
The crypto network is full of uncertainties, as proven by Bitcoin’s recent fall. The crypto reached the 63,000 dollar mark and then plummeted to 53,000 dollars quickly, even going below the 50,000 dollars mark. The price decrease severely affected retail investors, especially the young ones....
Oversupplied NFT Market Sees Interest and Sales Plunge
5.4.2021
A fragment of Financial Freedom - Chapter 2 by Buddyart00. It's the law of physics and crypto markets: what goes up must come down - and it seems to apply to the non-fungible tokens (NFTs) market as well.
According to NFTs marketplace tracker Nonfungible.com, there is a noticeable drop in sales...
Exchange reserves plunge to pre-$61K lows: 5 things to watch in Bitcoin this week
22.3.2021
Hodlers are being patient amid warnings that a continuation of Bitcoin's bull run may take "some time" thanks to mixed messages from on-chain indicators
Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR's
5.3.2021
Goldman Sachs' Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks