Crash

Crashes of cryptocurrencies can be thrilling and alarming. Millions of dollars can either disappear or be made in an instant.  What, though, if there had been a way to figure out what these market swings were all about? What if you had greater confidence to negotiate the choppy waters of cryptocurrency investing, saving, or earning large sums of money?  This article will clarify the fundamental reasons for “why crypto is crashing,” the function of fear, uncertainty, and doubt (FUD), and…

The post Crypto Market Crash: How Low Can Bitcoin and Altcoins Drop? appeared first on Coinpedia Fintech News With a 1% drop last night, Bitcoin price struggles to hold above the $66,000 level and the bearish influence over the altcoins increases. Amidst the increasing supply pressure, the crypto market crash intensifies putting additional pressure on the support zones. Currently, the total market cap of the crypto world excluding Bitcoin taken a dip close to $1 Trillion. This indicates a downfall…

Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token.   Not Yet Time For A Bitcoin Blowoff Top TechDev remarked in an X (formerly Twitter) post that the Bitcoin blowoff tops only happen after the four-week Chaikin money flow (CMF) breaks a line he highlighted on the accompanying chart. His…

AI coins are witnessing a broad-based correction, primarily due to the massive ongoing derisking before the upcoming CPI and FOMC.  Even Apple’s landmark partnership with OpenAI failed to inject strength into the AI sector, with Worldcoin - a brainchild of OpenAI CEO Sam Altman - down 12% over the past 24 hours.  Meanwhile, new crypto presales are in high demand, primarily because they remain unaffected by the broader market sentiment. For instance, WienerAI - a new AI-powered meme coin -…

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent, showing a possible direction for the price. Bitcoin Enters Sideways Consolidation In an analysis on the TradingView platform, crypto analyst Bitcoin Signals revealed some important…

The post Crypto Market Crash Alert? Expert Warns of BRUTAL Recession Risk by 2024 appeared first on Coinpedia Fintech News Macroeconomist Henrik Zeberg has issued a stark warning: the United States may face a severe recession within the next two years. Using historical data and market indicators, Zeberg predicts that this downturn could be the worst since the Great Depression of 1929. Terrifying, right? Here’s all the information you need to know. Historical Patterns Indicate Trouble In a recent post…

The post GameStop Stock Price Crash Heavily appeared first on Coinpedia Fintech News GameStop has announced its plans to sell 75 Million of its shares to raise capital via equity offering. The GameStop meme coin is yet to face the impact of the massive sell-off. This move comes to mitigate the losses. The company reported net sales of $881.8 million in Q1 this year, which is lower than its previous year’s $1.237 billion. It also reported a loss of 12…

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst Alan Santana has analyzed the Bitcoin chart and come up with a possible direction. Bitcoin Could Be Headed Downward Alan Santana’s analysis looks at the…

The post GameStop Prepares for a Big Crash Toward $0.001: What’s Next for GME Price? appeared first on Coinpedia Fintech News GameStop stocks surged in pre-market trading on Friday following the announcement that Keith Gill, also known as “Roaring Kitty,” is making a comeback on YouTube after a three-year halt. However, the latest GameStop earning news and the rising bearish sentiment in the meme coin market might create a crash for the Solana meme coin GameStop. GameStop’s Large Share Sale…