Crypto

Bitcoin (BTC) topped the list in negative flows last week as digital asset investment products saw outflows totaling $528 million. The turnout preceded the ongoing crypto market crash, with BTC still on the frontline. Crypto markets continue to bleed, starting the week off badly. Nevertheless, the crash may provide an opportunity for willing investors to buy the dip. Bitcoin Saw $400 Million Outflows Last Week With total crypto investments outflows reaching $528 million, Bitcoin led the negative flows with $400…

The post Top 10 Crypto Investment Strategies During Crypto Market Crash appeared first on Coinpedia Fintech News It should be noted that cryptocurrencies denote a very high level of risk, characterized by extreme variations in price. Market crashes, while are considered dangerous, are actually inherent to this environment. Nevertheless, the right strategies provide means for the safety of investments and future development. Below are some useful strategies that you can employ in a crypto market crash situation. 1. Avoid using…

The post Will The Crypto Market Recover As Bitcoin Hits $50K? Or More Crash On Horizon? appeared first on Coinpedia Fintech News The Bank of Japan’s rate hikes led to a global market sell-off by affecting the profits of carry-forward traders. With the increased rates of overborrowing, investors closed their existing positions in risky instruments to pay off their debts. Amidst such volatility, Bitcoin and altcoins take a massive hit as the crypto market flow is highly dependent on international…

The post Emergency Fed Rate Cut: What It Means for Bitcoin and the Global Crypto Market appeared first on Coinpedia Fintech News In response to a severe global crypto market crash, the U.S. Federal Reserve (Fed) has called an emergency meeting today. This decision comes as Japanese markets face a substantial collapse, with the Japanese yen plummeting by 13%, and other Asian markets, including Korea and Taiwan, seeing declines of nearly 10%. Bitcoin has also been hit hard, experiencing an…

The post These Altcoins can see Quick Recovery After Crypto Crash appeared first on Coinpedia Fintech News As the crypto market crash continues and warns of an intense correction ahead, the altcoins are losing the bullish grip over multiple support levels. This increases the market liquidation numbers and the overall FUD in the market.  Although the crash will continue to fluctuate with the global markets, some altcoins are bound to swin against the sea. With minor recovery in Bitcoin, we…

The post Crypto Relief on the Horizon: Justin Sun Announces $1 Billion Fund Amid Market Crash appeared first on Coinpedia Fintech News Following the heavy crypto sell-off in the last 24 hours that resulted in the forced liquidation of more than $1 billion from leveraged traders, Justin Sun, the founder of the Tron (TRX) network, has announced a relief plan. In an X announcement, Sun announced that he has set aside $1 billion to ensure the continued growth and development…

The post Top Altcoins Feared to Drop Below $10 if the Crypto Markets Continue to Plunge for the Next 24 Hours appeared first on Coinpedia Fintech News The crypto market is plunging! The Bitcoin price is falling! Massive chaos has erupted in all markets around the world, causing widespread turmoil. Bitcoin slumped suddenly below $50,000, raising alarms across the markets. While no crypto has been listed in the gainers lists, some of the altcoins are on the verge of losing…

Bitcoin (BTC) has lost over 13% in the past 24 hours and almost 25% over the past week as markets turned bearish following a global stock market crash that also casts a shadow on the crypto markets. BTC tumbled from above $60,000, losing key support levels, and is currently trading around the $52,700 mark. The weekend selloff accelerated late Sunday evening, sending BTC plunging to levels not seen since February. ETH also saw a drastic fall, sending its value plummeting…

Bitcoin mining difficulty continues to increase, reaching an all-time high in early August as crypto markets crashed. In the aftermath, the profitability of miners continues to suffer as BTC mining machines fall below their break-even point. Bitcoin Miners Capitulate as Mining Difficulty Soars Head of Research at Galaxy Alex Thorn recently highlighted the 24th biggest increase in Bitcoin mining difficulty since 2016. According to f2pool, at Bitcoin’s current price of $52,982, BTC mining difficulty is at a 90.67 hashrate. “Today,…