Tags : Drop

Altcoin

Cardano risks 60%-90% drop, warns trader with ADA painting a

Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, an NFT and DeFi Marketplace called the Spores Network, which raised $2.3 […]Read More

Ethereum

Ethereum balance on exchanges drop to historic low, reduces risk

© Reuters. Ethereum balance on exchanges drop to historic low, reduces risk of major sell-off According to a tweet from data research firm Santiment, the number of on crypto exchanges has dropped to historic levels. Santiment reports that the total balance of Ethereum on trading platforms has fallen below 18 percent, hitting levels that were […]Read More

Altcoin

FaZe Clan drop Kay over ‘crypto pump’ allegations, suspend Jarvis,

FaZe Clan has removed Kay from the organization and suspended Jarvis, Nikan, and Teeqo amidst cryptocurrency drama that saw members promoting a ‘Save The Kids’ altcoin before reportedly ‘dumping’ their investments. Cryptocurrency has become a hot topic across social media of late as many of the world’s biggest influencers have jumped on the trend to […]Read More

Regulation

30 Bitcoin miners receive license in Iran amidst BTC hashrate

Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing system that solves millions of complex calculations each second to validate transactions on the Bitcoin network (a process known […]Read More

Ethereum

ETH/USD Could Drop Below 1800 if Current Support Fails

As China moves to expand the horizon of its cryptocurrency bans, the Ethereum price prediction based on the daily chart picture shows that the current support is all that holds back Ethereum prices from a collapse below $1800. The People’s Bank of China (PBoC) met with several stakeholders in China’s banking and online payments industry […]Read More

Litecoin

Ethereum, Litecoin, DOGE Miners Run Fewer Rigs Amid Bitcoin Hashrate

Source: Adobe/stasstepanov Bitcoin (BTC) saw a double-digit drop in its hashrate (the computational power of the network) in a single day following the recent regulatory crackdown in a vital mining region in China, as well as from its June peak. However, Ethereum (ETH) and several other proof-of-work (PoW) projects shared similar faiths. As reported, Xinjiang […]Read More

Ethereum

Ethereum – 60% Drop, Consolidation, Buyers Off Guard!

From the last few weeks, we can see tight consolidation in most of the Cryptocurrency prices. When we look at the Daily chart of , we can notice that Price Action is moving in a tight consolidation between 2200 – 2900. This particular consolidation is interesting because of the context in which it has appeared. […]Read More

Ethereum

Amp Crypto Continues To Strike Gains As Bitcoin, Ethereum, Dogecoin

The global cryptocurrency market capitalization fell 6% to $1.6 trillion on Wednesday night as major coins saw a decline, but digital collateral token Amp (AMP) continued its upward march. What Happened: The apex cryptocurrency, Bitcoin (BTC), traded 3.58% lower at $38,622.41 over 24 hours, while Ethereum (ETH) traded 5.44% lower at $2,395.71 in the same […]Read More