After rallying to an all-time high of over $68,000 on November 10, the market cap of Bitcoin and the entire crypto industry rose to over $3 trillion too, marking a new ground for the nascent industry.However, within the space of 24 hours, all of those gains appear to have been eroded as the leading digital asset value has plummeted to around $60,000 as of press time.Bitcoin … [Read more...] about Bitcoin falls $6,000 in past day as crypto markets dump
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Polkadot (DOT), Dogecoin (DOGE) dump 5% as crypto markets correct
The crypto market saw a minor sell-off this morning on the back of regulatory developments out of America, with some large-cap cryptocurrencies dropping as much as 5%.Leading the red charts were high-speed blockchain protocol Polkadot and meme coin Dogecoin—both fell -5% as of Tuesday morning but were slightly recovering as of press time. DOT trades at $17 as of Tuesday … [Read more...] about Polkadot (DOT), Dogecoin (DOGE) dump 5% as crypto markets correct
Ripple transfers another $420 million in XRP for co-founder Jed McCaleb to dump
Blockchain payments company Ripple today sent its co-founder and former chief technology officer Jed McCaleb another payment of over 408 million XRP tokens, worth around $420 million at current prices.? ? ? ? ? ? ? ? ? ? 408,123,659 #XRP (420,345,541 USD) transferred from Jed McCaleb Settlement to Jed McCaleb wallethttps://t.co/vF2gp3rH95— Whale Alert (@whale_alert) June 3, … [Read more...] about Ripple transfers another $420 million in XRP for co-founder Jed McCaleb to dump
A 4chan ‘insider’ predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout
An anonymous user apparently not only predicted yesterday’s massive sell-off on the crypto market but also claimed that it was an organized China-related campaign aimed at a single “stakeholder”—half a day before the trading carnage actually began. Of course, the following should be taken with a giant grain of salt.“Can’t tell you guys what firm I work for, but it’s MASSIVE and … [Read more...] about A 4chan ‘insider’ predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout
Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump
Stocks of Chinese publicly listed companies fell sharply today after cryptocurrencies like Bitcoin, Ethereum, and others plunged massively on Wednesday, data from multiple sources shows.Yesterday saw over $8 billion in liquidations (or collateral that is seized by exchanges after asset prices hit a predetermined price level) and over 350,000 trading accounts getting liquidated … [Read more...] about Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump