Crash

The post XRP Price Crash: Peter Brandt Issues Dire Warning Amid Ripple vs SEC Drama appeared first on Coinpedia Fintech News The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade about 60 cents on…

Crypto prices saw a broad-based decline today on Thursday, with Bitcoin trading as low as $63,300.  This is despite Fed Chair Jerome Powell adopting a dovish stance after Wednesday’s FOMC, indicating that interest rate cuts could come as early as September.  Despite the weakness in large-cap cryptocurrencies, low-cap meme coins such as Base Dawgz continue to show strength in their respective presales. Experts are even calling DAWGZ one of the best crypto to buy after today’s dip.  Why Did Crypto…

Large-cap meme coins are facing significant selling pressure as geopolitical tensions in the Middle East flare again.  Despite the dovish FOMC meeting on Wednesday, the meme coin market capitalization is down by 5% today on Thursday, data from CoinGecko reveals.  Dogwifhat has suffered the worst decline among top meme coins, correcting by over 12% in the past 24 hours. Pepe and Bonk are also approaching double-digit losses today.  Smart money investors appear to be pivoting towards low-cap gems, with new meme…

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis posted on TradingView, XForceGlobal used the 5-wave Elliot Wave theory to predict further upside for the Bitcoin price. The chart maps out the waves and subwaves, all…

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with Hall of Flame that he doesn’t see Ethereum “doing that well” for the next few months. The analyst believes that ETH will suffer a similar…

The post Why is Bitcoin Price Down Today? Another Crypto Crash Looming? appeared first on Coinpedia Fintech News After a bullish Monday led by Bitcoin (BTC), the total cryptocurrency market cap slipped more than 2 percent to hover about $2.5 trillion on Tuesday. Bitcoin price dropped nearly 5 percent in the last 24 hours to trade at about $66,392 on Tuesday during the early trading session.  As a result, more than $174 million, mostly involving long traders, was liquidated from…

The post Is Another Bitcoin Crash on Cards ? Will The U.S Government Sell All Bitcoins like Germany? appeared first on Coinpedia Fintech News In a recent development, Peter Schiff, a Gold bug and a staunch Bitcoin critic, has taken to X to share his views on a statement made by the pro-crypto Donald Trump in his recent speech at the Bitcoin conference.  Trump To Keep 100% Of The BTC Held If Elected Trump had said, “If I am elected,…

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to a decline in activity for the network as a whole, and so far this week, the Shibarium network has seen a major decline in active…

Today’s crypto market crash has resulted in Bitcoin and large-cap altcoins squandering much of this week’s gains.  The Bitcoin price fell to $63,800, down nearly 6% from this week’s high of $68,100. The altcoins are faring much worse, with the Ethereum price down over 9% today. Nevertheless, most experts remain confident that the crypto market is on the cusp of a major bull run. Indeed, smart money traders are searching for the best crypto to buy during the dip.   …