Altcoin Carnage Ahead? 99% Could Be Wiped Out, Analyst Says
Bitcoin’s dominance hovering around 57% has become a quiet alarm bell for traders watching the broader crypto and altcoin market in general — and for good reason. Related Reading: Ceasefire Drama Escalates—Trump Points Finger At Iran, Bitcoin In Focus Bears And Bulls Divided Over Altcoin Timing Crypto analyst Michael van de Poppe believes a brutal […]
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Malaysia’s crypto sector is drawing serious outside money. Bank Negara Malaysia has spent the past year rolling out sandbox pilots and tokenization roadmaps, and now one of the world’s biggest exchanges is backing a local platform to grow alongside it. Related Reading: Altcoin Carnage Ahead? 99% Could Be Wiped Out, Analyst Says Bybit Returns With […]
The ongoing Bitcoin rally brought investor interest back to altcoins in a big way, but as soon as the top-ranked cryptocurrency made it above $19,000, it has been nothing but carnage for Ethereum and the rest of the altcoin space. Here’s why these assets faced carnage as soon as Bitcoin hit $19,500, and why it […]
The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty, carnage, and unexpected announcements. Via his Twitter account, CZ announced that it entered a deal to acquire its competitor FTX. Related Reading: $80 Billion Wiped Off Crypto Market As Binance And FTX Wage […]
Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is pure carnage. Gold fell below $1900, and stocks are downward spiraling. And behind it all is the dollar. But why is the Dollar Currency Index (DXY) potentially responsible for the market-wide collapse and what exactly is driving […]
Depending on your view, a devastating blow has been dealt to crypto, or a much-needed purge is in progress due to the SEC suing Ripple and two of its top executives for selling XRP tokens which the regulator claims were unregistered securities. XRP dropped dove over 30% on the news, but the carnage might only […]