Tag: Dip

Crypto, News

Bitcoin Plummets To Two-Month Low Amid These Four (4) Massive Sell-Offs And Liquidations

Bitcoin has dropped to a two-month low, with most altcoins experiencing even more significant declines. ‼️ BREAKING: #Bitcoin Drops Below $53K, Levels Last Seen Since February 2024. In the past 24 hours, 231,775 traders were liquidated, the total liquidations comes in at $669.48 million! 🟥#cryptomarket #cryptocrash #bitcoincrash pic.twitter.com/xezI6yjEvX — CoinEcho […]

Crypto, News

Digital Asset Outflows Reach $584M, Yet Smart Traders Accumulate ETH Amid Dip

According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]

Crypto, News

Blur Sees Continued Bearish Trend As 37.51M BLUR Unlocked And Transferred To Coinbase Prime

Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]

Crypto, News

Smart Money’s Timely Exit from Cryptocurrency Positions Saves Millions Amid Market Decline

As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move.  The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred […]

Crypto, News

Solana’s Dips To $51 Following Suspecting Whale Movements That Could Signal Some Selling Pressure

Solana, the cryptocurrency that caught institutional investors’ consideration this month with its noteworthy surge from $21 to $63, is currently under a magnifying glass as late price movements suggest an expected shift in market sentiment. While the recent spike raised Solana’s status in the crypto community, ongoing developments have provoked […]