Tags : Dump

Bitcoin

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 […]Read More

Bitcoin

JPMorgan says Bitcoin may dump to $25,000, cites Grayscale’s GBTC

JPMorgan analysts say the upcoming ‘unlock’ of a popular Bitcoin fund could cause further selling of spot BTC, driving the prices of the world’s largest cryptocurrency by market cap to as low as $25,000. “While weak flows and price dynamics resulting from last month’s selloff fueled Bitcoin’s recent declines, possible sales of shares in the […]Read More

Cryptocurrency

Chinese crypto-linked stocks like Meitu see big corrections after Ethereum

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 as […]Read More

Bitcoin

Top Bitcoin Influencer Closes Bullish Position on Price Dump Fears

Bitcoin risks falling below $50,000, according to a trade setup shared by Jonny Moe, an independent market analyst. The social media influencer, widely tracked by investors and traders in the cryptocurrency space, unveiled the bearish setup in a tweet published early Tuesday. He closed what he called “leverage long” positions, which refers to the indebted […]Read More

Altcoin

Ripple Exec Responds to Dump Allegations, Claims XRP Moved to

Chris Larsen has responded to XRP holders and other cryptocurrency industry observers that claim a recent $115 million transaction was an effort to dump the cryptocurrency on the market. The Ripple executive chair says the transaction was to the custody provider, NYDIG. Initially, Larsen faced criticism when word of the transaction spread. However, some met […]Read More