crash

Bitcoin took a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more. Crypto markets rebounded slightly on reports Israel…

The current hashrate and power consumption on the Bitcoin (BTC) network implies an estimated mining cost of about $45,000, down from above $50,000, JPMorgan (JPM) said in a research report on Thursday.The bank said it had previously anticipated a significant drop in the hashrate after the halving as unprofitable miners exited the network. This…

The Coinbase (COIN) stock plunged in the pre-market trading session on Wednesday amid the crypto market crash. The decline comes on the heels of the Coinbase Q1 FY24 earnings scheduled for Thursday, May 2, 2024 after the market closes. Hence, let’s take a look at analyst estimates for the upcoming Coinbase earnings call.What To Expect From…

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Cryptocurrencies saw huge losses on Thursday, with Bitcoin plummeting by over 9% on the day. Many crypto traders are already calling the sudden drop a flash crash. The…

Bitcoin dominates the cryptocurrency landscape and is widely known among crypto investors. As the largest cryptocurrency in the world, it achieved a new all-time high of $73,750 on March 14, 2024. However, BTC has been undergoing corrections over some time now. As of May 3, 2024, it is trading at $59,280, marking a 19.59% decline from…

The cryptocurrency market experienced a downturn, with the total market capitalization dropping to $2.21 trillion from $2.49 trillion in the last one month as of May 3, 2024. Bitcoin, the largest cryptocurrency, is currently trading at $60,692, 5.25% down over the past seven days but reflecting a 3.37% increase in the last 24 hours.…

A recent rejection from Polkadot’s 200-day moving average has sparked a significant downturn, bringing the cryptocurrency’s price closer to the lower boundary of its sideways trading range, marked at $6. However, the price action near this juncture holds paramount importance in predicting the cryptocurrency’s next move.…

Is XRP About to Face Huge Selling Pressure? - These 3 Warning Signs Could Send Ripple's XRP Crashing Seasoned trader Peter Brandt has shared a chilly forecast on the direction of XRP/BTC. Brandt took to social media to warn that the price of XRP could drop to zero against Bitcoin (BTC) based on classical charting…

TL;DR Despite recent price declines, analysts predict a potential rally for Polkadot (DOT), with some suggesting it could reach significant highs in the near future. Key crypto figures remain optimistic about the token’s long-term growth, endorsing the strategy of accumulating during dips for substantial future gains.…

<a rel="nofollow" href="https://media2.riverfronttimes.com/riverfronttimes/imager/u/original/42539438/image9.png" rel="contentImg_gal-42539424" title="" data-caption="   " class="uk-display-block uk-position-relative uk-visible-toggle" click to enlarge Crash gambling can be…