Crash

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter) post on their shared account that a Bitcoin price drop to $37,000 would be a steal. They added that they won’t be “mad” about the…

Solana has gotten a bearish warning despite being one of the best performers over the last year. This prediction goes against the grain of current speculation where a rise to as high as $1,000 has been forecasted for the price. But it seems not everyone shares this sentiment as one crypto analyst has predicted that the auction’s price could suffer a massive 42% crash from here. Solana Price Turns Bearish In an analysis on the TradingView website, crypto analyst Alan…

The overall bearish sentiment for Cardano (ADA) continues to rise as analysts now foresee a massive 33% price crash for the altcoin. This pessimistic projection comes as ADA struggles to gain traction in the market, with its value remaining stagnant or steadily dropping to lower levels.  Cardano (ADA) Crash Incoming Compared to other prominent altcoins in the crypto market, Cardano has performed poorly, struggling with price declines and sluggish growth. Consequently, a crypto analyst, identified as ‘Financialfreedomgoals’ on TradingView, predicted that cryptocurrency…

Earlier in August, the XRP community got some positive news when the court ruled that Ripple Labs should pay a $125 million fine to the United States Securities and Exchange Commission (SEC) for selling unregistered securities. However, the regulator has been unhappy with this decision, leading to an appeal of the court’s decision. Naturally, the appeal has pushed back the finish line for the 4-year battle, but the end could still be very bullish for the XRP price. The XRP…

The post Bitcoin News Today : Will Miner Sell-Off Trigger BTC Price Crash Amid U.S. Interest Rate Cuts? appeared first on Coinpedia Fintech News Bitcoin (BTC) miners play a fundamental role in securing the network and also producing new coins. Since the fourth Bitcoin halving earlier this year, BTC miners have been readjusting their operations to match the rising difficulty. Moreover, the Bitcoin block reward declined from 6.25 coins to about 3.125 units every ten minutes, thus making it difficult…

The post Ripple Whale Dumps 40 million XRP, Price Crash Imminent? appeared first on Coinpedia Fintech News Ripple’s native token XRP, is posed for a price decline as whales dump millions of XRP tokens while the price retests the breakdown level of $0.545. On September 12, 2024, the transaction tracker Whale Alert made a post on X (Previously Twitter) that Ripple whales have offloaded 39.32 million XRP tokens, worth $21.13 million to Bitstamp. 20,500,000 #XRP (11,022,121 USD) transferred from unknown…

The post Will the Crypto Market Crash Again? Here’s What the Data Says appeared first on Coinpedia Fintech News After a brief recovery on September 10, 2024, the overall crypto market once again appears for a massive decline. Following the release of the United States Consumer Price Index (CPI) and the opening bell of the US market, major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others, have fallen significantly. Crypto Market Massive Recent Decline  According to the coinmarketcap,…

Bitcoin (BTC) crashed over 6% in the past month. That left other altcoins tumbling in double digits in the same span. Amidst the crippling crypto crash, investors are avidly hunting for the next 100x crypto. The AI-backed MemeFi token Raboo ($RABT) integrates SocialFi and artificial intelligence to foster an engaged and vibrant community where meme enthusiasts can engage in fun meme activities. Let's find out why analysts believe Raboo is the next 100x crypto in the meme coins space that…

The post Crypto Crash Incoming? China’s Real Estate Crisis Sparks Fear appeared first on Coinpedia Fintech News Crypto analyst Wise Advice warns that the global market, including the cryptocurrency space, will face a new challenge – one far bigger than previous financial dumps. While the crypto community has survived multiple crises like Grayscale, Mt. Gox, and Japan’s stock market crash, the threat comes from China’s real estate market. He believes this could hit much harder than anticipated risks like Federal…