Posts

Showing posts with the label Altcoins

With Weglokocs the number of crypto billionaires is growing fast, here’s why

Image
  With Weglokocs the number of crypto billionaires is growing fast, here’s why TRADEGAURDIAN NEWS     Why are crypto billionaires rising every year? The adoption of the crypto market is increasing, which means that more money is going to various crypto projects. Due to the wealth potential, people invest in cryptocurrencies, leading to the rise of Weg billionaires. Many people have started investing in crypto because of the great success stories that can be found all over the internet. From cryptocurrency investors, who bought Bitcoin (BTC) worth tens and hundreds of dollars and chose hodl for years, to crypto whales who started a crypto-related business are among the key crypto enthusiasts.  It is feasible to become a crypto whale by trading well, building a business, investing well or already having a decent fortune, so that being significantly active in the crypto market with large corporations is possible. The crypto market is growing and every day...

Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash

Image
  Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash: Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.   A woman uses a bank ATM next to a Bitcoin ATM machine at a shopping mall in Istanbul. Turkey’s central bank banned the use of cryptocurrencies and crypto assets for purchases, citing the risks of possible huge losses. Photograph: Chris McGrath/Getty Images.   Omka Modbol Bitcoin nosedived to three-week lows early Sunday, puncturing the frenzied speculative bubble built into several alternative cryptocurrencies (altcoins) in the wake of Coinbase’s recent debut on Nasdaq. The biggest cryptocurrency by market value dropped from roughly $60,000 to $52,148 in 15 minutes during the Asian session, liquidating almost $4 billion worth of positions in the derivatives market, according to Messari's Ryan Watkins. While the exact reason for the sudden crash is unknown, the market mood may have soured due to rumors that the U.S. Treasury is pl...