Crypto Markets Witness Swift Correction In About $400m Liquidation As Traders Debate About Buy-the-Dip Calls And Bear Market Speculations

In the world of crypto, a rapid descent has unfolded, marking the swiftest drop in four months and prompting mild unease among traders. The correction across markets has triggered a flurry of #buythedip calls, indicating a prevalent eagerness and FOMO (Fear of Missing Out) sentiment as prices hit lows. 📉 #Crypto markets have retraced in a big way, & #Bitcoin’s price has now dropped 9.8% since its top on December 8th. Lower cap #altcoins are showing particularly steep falls, and there is a mix between #buythedip calls vs. those who are speculating that a #bearmarket is looming. pic.twitter.com/rDB0cZze1C — Santiment

The post Crypto Markets Witness Swift Correction In About $400m Liquidation As Traders Debate About Buy-the-Dip Calls And Bear Market Speculations appeared first on The Merkle News.

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Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro

Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in MontenegroTerraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail Request for Do Kwon, Puts Him Under […]

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report UnveilsProsecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

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Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold may lose value to the […]

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Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

Dollar Loses to Digital Currencies in 2023, Former Russian President SaysDigital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the […]

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Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France

Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in FranceRussian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious circumstances. Libertex President Perishes as His Helicopter Crashes on […]

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