Altcoin Carnage Ahead? 99% Could Be Wiped Out, Analyst Says
Bitcoin’s dominance hovering around 57% has become a quiet alarm bell for traders watching the broader crypto and altcoin market in general — and for good reason. Related Reading: Ceasefire Drama Escalates—Trump Points Finger At Iran, Bitcoin In Focus Bears And Bulls Divided Over Altcoin Timing Crypto analyst Michael van de Poppe believes a brutal […]
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The ongoing Bitcoin rally brought investor interest back to altcoins in a big way, but as soon as the top-ranked cryptocurrency made it above $19,000, it has been nothing but carnage for Ethereum and the rest of the altcoin space. Here’s why these assets faced carnage as soon as Bitcoin hit $19,500, and why it […]
The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty, carnage, and unexpected announcements. Via his Twitter account, CZ announced that it entered a deal to acquire its competitor FTX. Related Reading: $80 Billion Wiped Off Crypto Market As Binance And FTX Wage […]
Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is pure carnage. Gold fell below $1900, and stocks are downward spiraling. And behind it all is the dollar. But why is the Dollar Currency Index (DXY) potentially responsible for the market-wide collapse and what exactly is driving […]
Depending on your view, a devastating blow has been dealt to crypto, or a much-needed purge is in progress due to the SEC suing Ripple and two of its top executives for selling XRP tokens which the regulator claims were unregistered securities. XRP dropped dove over 30% on the news, but the carnage might only […]
Analyst Austin Hilton has sounded a major XRP warning even as the price continues to consolidate. He declared that this is the last chance to get into the altcoin before its price goes on a parabolic run. Last Chance To Get In On XRP Before Its Q4 Bull Run In a YouTube video, Austin Hilton warned that this is the last chance for investors to accumulate XRP before its major bull run in the last quarter of this year. He noted that September was expected to be a slow month with little action from the altcoin, especially as investors wait on a Fed rate cut. Related Reading: Analyst Warns XRP....