Crash

The crypto market has seen some recovery over the last few days, with the weekend becoming one of its most bullish periods. However, despite the notable rise in the crypto market, crypto analyst Alan Santana has warned of a potential crash that could send the market spiraling. This crash, if materialized, could see the crypto market lose around half of its market cap, something that could signal the beginning of another drawn out bear market. Why The Crypto Market Is…

The post PEPE Whale Dumps 330 Billion Tokens, Crash Ahead? appeared first on Coinpedia Fintech News Pepe (PEPE) the popular and third-biggest meme coin is gaining notable attention from traders and investors due to the ongoing dumps by whales. On August 30, 2024, the PEPE whale once again dumped over 330 billion tokens worth $2.53 million to the Kraken cryptocurrency exchange and booked a loss of over $3.13 million, as reported by Lookonchain. PEPE Whale Bearish Outlook Despite this dump,…

The post Bitcoin News Today: How Miner Sell-Off Contributed to the Recent BTC Price Crash? appeared first on Coinpedia Fintech News Recent discussions, including insights from Coin Bureau, have highlighted growing concerns about Bitcoin miners selling off their holdings and facing profitability challenges. Bitcoin mining, essential for securing the blockchain through proof of work, has become increasingly complex and costly. Today’s miners rely on specialized, energy-intensive machines called ASICs, making the process both expensive and competitive. Economic Hardships for Miners…

The post Bitcoin Price Analysis: Will Japan’s Stock Market Crash Trigger a Crypto Bull Rally? appeared first on Coinpedia Fintech News The Bitcoin market is currently experiencing a period of weakness, with a 9.3% decline over the last 30 days. As of now, BTC is priced at $60,385.16 — significantly lower than the peak it reached in mid-March. But how long must investors wait for a strong bullish trend to emerge? According to a recent revelation by a crypto expert,…

After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden fall has left many analysts and investors wondering about the future course of some of the top digital assets, hence underlining how volatile the market is wrought by macroeconomic events and changing mood among investors. Crypto’s latest retrace is coming after…

Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock.  Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds.  These sales mark Buffett’s most substantial…

The post Meme Coins BRETT, FLOKI, WIF Surge Amid Market Crash appeared first on Coinpedia Fintech News A surprisingly bullish turn in these selected meme coins amid the broader market crash teases a strong recovery ahead. As the market anticipates a quick reversal this week, as no significant news fuels the crash. These meme coins could skyrocket at the earliest signals of broader market recovery.  So, let’s take a closer look at these rising meme coins for a bull run…

The post Bitcoin Price Crash: BTC Price at Risk Of Dropping To $52K, Here’s Why appeared first on Coinpedia Fintech News Bitcoin saw a sharp drop on Tuesday, plunging to $61,455 from its recent high of $65,103 just days earlier. Now at $59,000, BTC has recovered. This swift downturn rattled the crypto market, leading to a wave of liquidations totaling $20.28 million in Bitcoin long positions and $40.29 million in Ether longs. The sudden decline underscores the intense volatility in…

The post Why Bitcoin Price is Down Today? Analyzing the Factors Behind the Crypto Market Crash appeared first on Coinpedia Fintech News It’s not been an easy couple of days for crypto bulls. With four days left in August, Bitcoin has dropped 2.74% this month. Historically, September hasn’t been kind to Bitcoin, with a 72.73% chance of ending the month down over the past 11 years. Bitcoin has experienced a significant drop, falling below the $59,000 mark, stirring concern among…