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Category: Sell Off
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‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
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Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
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Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
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Jed McCaleb empties XRP wallet after eight-year selloff
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing.
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Redditors share their thoughts on buying Bitcoin at all-time highs
General consensus seems to be that it’s been all downhill both before and after Bitcoin’s recent 13th birthday.
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Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term holders.” Further, an analyst at Unchained Capital agreed with Coin Metrics’ findings and […]
The post Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors appeared first on Bitcoin News.
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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a […]
The post China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic appeared first on Bitcoin News.
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New Research Claims Most ICOs Have Profited Off Selling ETH
Bitmex Research is back with another detailed report, this time into the ethereum holdings of ICOs. Ethereum’s downward trajectory has been attributed in some quarters to ICOs offloading ETH to pay the bills. If so, data suggests that those projects have profited handsomely off their ETH holdings in USD terms, despite its falling price. Also […]
The post New Research Claims Most ICOs Have Profited Off Selling ETH appeared first on Bitcoin News.
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6 ICOs That Are Burning Through ETH Funds
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