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SOL has dropped a further 29% this month after taking a hard hit amid the FTX collapse, plus Solana’s top NFT projects are moving on.
Solana (SOL) fell below $10 early this morning for the first time since February 2021.
#Binance #solana #sol #down #cryptoonindia
Solana (SOL) fell below $10 early this morning for the first time since February 2021.
#Binance #solana #sol #down #cryptoonindia
#crypto2023 can be compared to our lives, do you guys support this sentence?
🙄🙄
For me I strongly agree with this as now a days it's hard to predict how #BTC will go or how any other #cryptocurrency will move no one would have thought that we will face 2 massive crash in a single year but here we are, just like life we can't predict what's going to happened in our life will it go #up or will it go #down the hill.
What we can do is hope for the best good days have just started in crypto verse hope same for our life too 😉😉😉
🙄🙄
For me I strongly agree with this as now a days it's hard to predict how #BTC will go or how any other #cryptocurrency will move no one would have thought that we will face 2 massive crash in a single year but here we are, just like life we can't predict what's going to happened in our life will it go #up or will it go #down the hill.
What we can do is hope for the best good days have just started in crypto verse hope same for our life too 😉😉😉
According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone.
Disclaimer: The information presented in this report is based on data available as of 8/03/2023.
Initially, we have reported losses amounting to $486 million in stolen crypto funds.
However, subsequent updates from on-chain research have provided new information indicating that the actual losses are now reported to be $390 million.
#bitcoin #down #cryptocurrency #crypto2023 #cryptoonindia
Disclaimer: The information presented in this report is based on data available as of 8/03/2023.
Initially, we have reported losses amounting to $486 million in stolen crypto funds.
However, subsequent updates from on-chain research have provided new information indicating that the actual losses are now reported to be $390 million.
#bitcoin #down #cryptocurrency #crypto2023 #cryptoonindia
#Bitcoin(BTC) hits 73500+ as I said it will, before 15th.
While I did think it will go further up before a small correction it dint. We are seeing a similar correction from just a few days ago when BTC corrected itself by 10k.
It’s going to go back up and create a new ATH again. Keep an eye out and put on SL and TP where needed.
Don’t play with high leverages yet, you might get liquidated.
#HotTrends #down #write2earn #BTC
While I did think it will go further up before a small correction it dint. We are seeing a similar correction from just a few days ago when BTC corrected itself by 10k.
It’s going to go back up and create a new ATH again. Keep an eye out and put on SL and TP where needed.
Don’t play with high leverages yet, you might get liquidated.
#HotTrends #down #write2earn #BTC
LIVEbhoombaba
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As I said earlier we are in track to hit 73.5k before this Friday. There was a dip yesterday but not as big as the 69.3k to 59k drop!
Resistance around 69k shows how bullish the next few days are going to be.
Don’t short BTC yet. People can think of shorting once it hits 75k to 80k range by April! But can’t really judge the market dynamics!
#HotTrends #BTC #Bitcoin(BTC) #bitcoin
#Write2Erarn
Resistance around 69k shows how bullish the next few days are going to be.
Don’t short BTC yet. People can think of shorting once it hits 75k to 80k range by April! But can’t really judge the market dynamics!
#HotTrends #BTC #Bitcoin(BTC) #bitcoin
#Write2Erarn
#HotTrends #down market #The sudden decline in the cryptocurrency market can be attributed to a combination of several factors that impact investor sentiment and market dynamics. Here are some common reasons why the crypto market might experience a sudden downturn:
1. Macro Economic Factors: Events such as global economic uncertainty, inflation concerns, changes in interest rates, or geopolitical tensions can affect not only traditional financial markets but also spill over into the cryptocurrency market, leading to a broad-based sell-off.
2. Regulatory Developments: Regulatory news or government actions related to cryptocurrencies can have a significant impact on market sentiment. Sudden announcements of stricter regulations, bans, or crackdowns on crypto activities can create uncertainty and trigger a market downturn.
3. Market Sentiment: Investor sentiment plays a crucial role in the cryptocurrency market. Negative news, FUD (fear, uncertainty, doubt), or rumors circulating in the market can lead to panic selling and cause prices to drop quickly.
4. Technical Factors: Technical issues like network congestion, exchange outages, security breaches, or software updates can also contribute to market volatility and sudden price declines.
5. Market Manipulation: The cryptocurrency market, due to its relatively small size and lack of regulation, is susceptible to manipulation. Whale traders or coordinated selling by large investors can cause sharp price movements.
6. Leverage and Margin Trading: The use of leverage and margin trading in the cryptocurrency market can amplify price swings. Liquidations of leveraged positions during periods of high volatility can trigger cascading sell-offs.
7. Profit-Taking: After a period of significant price increases, traders and investors may decide to take profits, leading to selling pressure and a temporary market downturn.
It's important for investors to stay informed about market developments, utilize risk management strategies, and maintain a long-term perspective.#HotTrends
1. Macro Economic Factors: Events such as global economic uncertainty, inflation concerns, changes in interest rates, or geopolitical tensions can affect not only traditional financial markets but also spill over into the cryptocurrency market, leading to a broad-based sell-off.
2. Regulatory Developments: Regulatory news or government actions related to cryptocurrencies can have a significant impact on market sentiment. Sudden announcements of stricter regulations, bans, or crackdowns on crypto activities can create uncertainty and trigger a market downturn.
3. Market Sentiment: Investor sentiment plays a crucial role in the cryptocurrency market. Negative news, FUD (fear, uncertainty, doubt), or rumors circulating in the market can lead to panic selling and cause prices to drop quickly.
4. Technical Factors: Technical issues like network congestion, exchange outages, security breaches, or software updates can also contribute to market volatility and sudden price declines.
5. Market Manipulation: The cryptocurrency market, due to its relatively small size and lack of regulation, is susceptible to manipulation. Whale traders or coordinated selling by large investors can cause sharp price movements.
6. Leverage and Margin Trading: The use of leverage and margin trading in the cryptocurrency market can amplify price swings. Liquidations of leveraged positions during periods of high volatility can trigger cascading sell-offs.
7. Profit-Taking: After a period of significant price increases, traders and investors may decide to take profits, leading to selling pressure and a temporary market downturn.
It's important for investors to stay informed about market developments, utilize risk management strategies, and maintain a long-term perspective.#HotTrends
Coinbase released its second quarter earnings for 2023 — and the report shows a crypto contraction.
Consumer and institutional trading volume were both significantly down on the platform compared to last year.
A prolonged Crypto Winter, plus an SEC lawsuit, could mean trouble for the industry.
Coinbase, the world's second-largest cryptocurrency exchange in terms of volume, released its second quarter earnings report on Thursday — and the results are less than favorable for crypto enthusiasts.
Transaction volume for consumers and institutions is down 70% and 54%, respectively, when compared to the second quarter of 2022.
#coinbase #transactions #down #bearish #cryptoonindia
Consumer and institutional trading volume were both significantly down on the platform compared to last year.
A prolonged Crypto Winter, plus an SEC lawsuit, could mean trouble for the industry.
Coinbase, the world's second-largest cryptocurrency exchange in terms of volume, released its second quarter earnings report on Thursday — and the results are less than favorable for crypto enthusiasts.
Transaction volume for consumers and institutions is down 70% and 54%, respectively, when compared to the second quarter of 2022.
#coinbase #transactions #down #bearish #cryptoonindia
According to data compiled by Coin ATM Radar, the period started with 38,691 and ended with 38,603 bitcoin ATMs, a negative growth of 88 units or -0.2%.
#bitcoin #atm #down #bullmarket #cryptoonindia
#bitcoin #atm #down #bullmarket #cryptoonindia
