XRP Price Stabilizes After Flash Crash, Market Watches Closely
XRP price extended losses and traded dived $2.00. The price is now consolidating and might decline further if it remains below $2.00. XRP price started a fresh decline below the $2.00 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There was a break below a contracting triangle with support at $2.050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $2.00. XRP Price Dips Sharply XRP price failed to stay above $2.10 and started a fresh decline, like Bitcoin and Ethereum. The price....
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Cardano (ADA) has not been left out of the massive flash crash that just occurred throughout the market. What seemed to be a good day for bitcoin as El Salvador’s “Bitcoin Day” began has now turned to nothing short of a nightmarish market opening. The crash saw bitcoin drop $6K in only a matter of hours. While the general altcoin markets have recorded crashes as high as over 20% in the same timeframe. With altcoins following bitcoin closely, the price of the ADA shows similar movement patterns to BTC following the flash crash. The number 1 crypto coin fell to the mid-$40K, taking the whole....
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed.
Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From Swiss Brands Like Rolex
The recent decline in the valuations of crypto assets has directly impacted pricing of luxury watches from Rolex, Patek Philippe and the like, a German online platform that lists hundreds of thousands of watches has....
Watches are one of the best fashion accessories that holds good for both the sexes. A good watch becomes a part of you and it is a symbol of impeccable craftsmanship and mechanical genius (even if it is time tested mechanics which has been in use for ages). Not all watchmakers can bring in the kind of refinement to their timepieces like Kairos does. Kairos Watches is a South Korean watch company founded by Sam Yang in the year 2013. Named after the Greek word meaning "opportune moment", the company manufactures hybrid mechanical smart watches and has its presence in various places across....
Highly volatile cryptocurrencies like Bitcoin, Ethereum, and other altcoins can behave irrationally at any given moment, especially when turbulence strikes. But what happened this morning on the US branch of Binance, was shocking for even those who have seen flash crashes happen in real time. The result of a massive wick left on the BTCUSD chart was a violent trip to $8,000 where coins were potentially exchanged for prices that are currently 87% lower than where Bitcoin is trading at right now. Here is a closer look at what went down, and what might have happened as a result. Flash Crash....
Comment added from Zane Tackett, BitFinex's director of community and product development. Bitcoin's price fell 14% in a period of just 30 minutes following a 'flash crash' on exchange Bitfinex yesterday night. The CoinDesk Bitcoin Price Index had been holding steady between $250 and $255, but dropped to a low of $214.36 just before midnight (UTC). In the same period, the Bitfinex price sunk 29% to $179.35. Bitfinex, which claims to be the most liquid exchange in the world, told CoinDesk the 'flash crash' was triggered when several leveraged positions were forcibly closed in close....