Crash

Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend, crypto platform Friend.tech announced its decision to resign control over its smart contracts to avoid future changes. Friends.tech is a Social Finance (SocialFi) platform launched…

10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market factors, which, when combined, paint a picture of a potential price decline to new lows for Bitcoin. While the broader crypto market undergoes a period of…

The post Elon Musk’s Latest Tweet Rescues Dogecoin from Price Crash, Here’s How appeared first on Coinpedia Fintech News On September 7, 2024, Tesla founder Elon Musk saved the price of Dogecoin (DOGE) from crashing amid bearish market sentiment. Due to the significant sell-offs by whales and institutions, the overall cryptocurrency experienced a notable price decline.  Elon Musk Saves Dogecoin from CRASHING Amid this selling pressure, DOGE breached its crucial support level of $0.094 and has continuously declined and also…

The post Bitcoin and Ethereum Face Major Losses: $170 Billion Wiped Out in September Crash appeared first on Coinpedia Fintech News September has hit the crypto world hard, with a staggering $170 billion wiped out in just one week. Bitcoin and Ethereum, the market’s giants, were the biggest losers, causing 78.82% of the losses. Bitcoin alone saw its value drop by $100 billion, while Ethereum lost $34 billion. Despite a history of strong Q4 recoveries, this rough start to the…

The post Crypto Bloodbath Continues: How Low Can Altcoins and Bitcoin Crash? appeared first on Coinpedia Fintech News Crypto traders with the necessary information had made smart decisions to exit the market before August and September bears took over. With the crypto market expected to rise again soon, the crucial question of how far the prices fall continues to linger in most traders.  Moreover, Bitcoin price has not flashed any bullish signal in several time frames. As a result, Bitcoin’s…

As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold.  According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel’s lower boundary at $126 could trigger a significant price correction for Solana, potentially dropping to $110 or even $90. Solana Price Challenges In a social media update, Martinez elaborated on the current market conditions,…

The post Nansen CEO Dumps 3M Lido DAO (LDO) on Coinbase, Price Crash Coming? appeared first on Coinpedia Fintech News In this bearish market sentiment, Nansen’s CEO, Alex Svanevik has made a significant move that could trigger a sharp price drop in Lido DAO (LDO). On September 6, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that the CEO had dumped 3 million LDO tokens worth $2.89 million to Coinbase. Nansen CEO’s Bearish Move According…

The post Will Bitcoin Price Crash? Whale Activity and Metrics Show Bearish Signs appeared first on Coinpedia Fintech News Bitcoin (BTC), the world’s biggest cryptocurrency is poised for a massive price crash as whales and institutions have dumped notable BTC in the past 24 hours. On September 5, 2024, prior to the opening of the US Stock market, a smart Bitcoin whale dumped a significant 680 BTC worth $38.77 million to the Binance. Whale Sell-off Millions Worth BTC This smart…

The post Bitcoin Set to Crash to $50K: Are You Ready for the Fall? appeared first on Coinpedia Fintech News Bitcoin has been trapped in a downtrend since it touched the $73,000 mark. It has been struggling to break the road to bear  for almost six months now. There have been a lot of factors that canned the uprising of Bitcoin including the German government selling seized BTC, Mt. Gox creditors repayments, wars in the Middle East and a lot…