Crashing crypto prices spooked some new investors. Others are doubling down

Crashing crypto prices spooked some new investors. Others are doubling down

27-year-old office manager In Madison, Wisconsin, he put all his investments into cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, which is a joke. Currency whose rapid rise was considered amusing if “ridiculous”. This alarmed his father, an experienced investor. “He knew I had all my money in there and he was like, ‘I’ve seen this before … Read more

Bitcoin’s Biggest Corporate Backer Expects $285 Million Loss After Crypto Crash—But Wants To Raise $400 Million In Debt To Buy More

Bitcoin’s Biggest Corporate Backer Expects $285 Million Loss After Crypto Crash—But Wants To Raise $400 Million In Debt To Buy More

top line After bitcoin’s massive meltdown last month, business analytics firm MicroStrategy, the largest cryptocurrency company, warned Monday that it expects to incur a loss of at least $284.5 million in the second quarter as a result of its bitcoin holdings, but a powerful bitcoin bull — aided by the CEO. Billionaire Michael Saylor has … Read more

Crypto Markets Crash Again After DOJ Seizes $2.3 Million Bitcoin Ransom

Crypto Markets Crash Again After DOJ Seizes $2.3 Million Bitcoin Ransom

top line After regulatory concerns in China collapsed the market last month, cryptocurrencies plunged again on Tuesday morning after the Justice Department said it seized $2.3 million in bitcoin as part of its investigation into a ransomware attack that shut down the country’s largest gas pipeline, sparking fears that states U.S. officials could step up … Read more

Dogecoin Price Today: Why Is DOGE Crashing After Elon Musk Pushed Value Up?

Dogecoin Price Today: Why Is DOGE Crashing After Elon Musk Pushed Value Up?

After a massive 15 percent rally on Friday, the Dogecoin price has fallen sharply by 5.7 percent on Sunday at the time of writing. The value of Dogecoin declined later on Sunday and is currently down 4.26%, according to the real-time tracker CoinMarketCap. What caused the price of Dogecoin to drop? Why the sudden reversal … Read more

Bitcoin price crashes through ‘death cross’, fuelling fears of crypto bear market

Bitcoin price crashes through ‘death cross’, fuelling fears of crypto bear market

The series of consecutive price crashes in recent weeks means that Bitcoin has once again passed through a market pattern known as the “death cross”. This ominous term refers to the time when the 50-day moving average of the cryptocurrency crosses the 200-day moving average (see chart below), and is used by some analysts as … Read more

The Metaverse Is Crashing! Why These 3 Crypto Tokens Nosedived Today

The Metaverse Is Crashing! Why These 3 Crypto Tokens Nosedived Today

What happened Cryptocurrencies linked to the Metaverse were launched today. There really isn’t a nice way to put it. Yesterday’s news that investors and traders are now factoring in the Fed’s balance sheet shrinking, declining bond purchases, and eventual interest rate hikes this year is worrying investors in high-growth assets. Bond yields continued to rise … Read more

Crypto market crash continues – Is it time to buy or sell?

Crypto market crash continues - Is it time to buy or sell?

While due to the recent market slump and uncertainties, investors are opting for sell-offs that are definitely painful, however, over the past year, the price of Ethereum (ETH) is up 1150% while Dogecoin is 13,310% in the same stretch. May was a tense month for crypto investors. The world’s largest cryptocurrency Bitcoin reached a 4-month … Read more

Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’ – Regulation Bitcoin News

Dutch Official Predicts Crypto Market Crash, Says 'Netherlands Must Ban Bitcoin Now'

The director of the Dutch Bureau of Economic Policy Analysis, which is part of the country’s Ministry of Economic Affairs and Climate Policy, predicted the “final collapse of the crypto bubble.” Urges government to ban Bitcoin and other cryptocurrencies immediately. However, the country’s finance minister does not agree that banning cryptocurrency is appropriate for the … Read more

‘Rich Dad Poor Dad’ author Robert Kiyosaki expects a market crash and economic crisis – and plans to buy gold, bitcoin, and real estate when prices tumble

'Rich Dad Poor Dad' author Robert Kiyosaki expects a market crash and economic crisis - and plans to buy gold, bitcoin, and real estate when prices tumble

Robert Kiyosaki. Rich Dad Channel / YouTube Robert Kiyosaki predicts that markets will crash and the US economy will fall into a depression. The author of Rich Dad Poor Dad plans to buy bitcoin, gold, silver, and real estate as soon as the price drops. Michael Perry of The Big Short and GMO chief Jeremy … Read more

Mark Cuban ‘Hit’ After Cryptocurrency Crashed 100% In One Day—And These Other Buzzy Tokens Have Also Collapsed

Mark Cuban ‘Hit’ After Cryptocurrency Crashed 100% In One Day—And These Other Buzzy Tokens Have Also Collapsed

top line In the latest sign of the climax of crypto-craze waning, billionaire Mark Cuban’s token backed to zero dollars on Tuesday, joining a slew of other cryptocurrencies that have crashed over the past month after frantic trading drove the market to skyrocketing prices. this year. Mark Cuban, owner of the Dallas Mavericks, is seen … Read more