news4global
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

No Result
View All Result
news4global
No Result
View All Result
Home Latest news

Bitcoin news – live: Crypto price meltdown slows as market counts losses from Terra collapse

May 13, 2022
Reading Time: 9 mins read
0
Bitcoin news – latest: Crypto prices collapse as investors say they have lost fortunes
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

#Cryptocurrency Hackers Stole $3.8 Billion Last Year, Making It the Worst Year on Record … – Latest Tweet – LatestLY

February 5, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Commentary: Don't let crypto collapse cast a pall on blockchain … – CNA

February 4, 2023

Related: Is it Time to Buy the Dip?

A dramatic meltdown in bitcoin and other cryptocurrency appears to have slowed, with investors left counting their losses after one of the most dramatic plunges in recent times.

The whole market is still significantly down over the last week. Ethereum, for instance, has been particularly hard hit and lost 24 per cent of its value in the last seven days.

There are signs that dramatic fall could be turning around, however. Bitcoin is up 14 per cent over the last day – and back through the important psychological milestone of $30,000 – and the market as a whole is up 13.5 per cent.

Fear shook the market this week after the Terra (LUNA) cryptocurrency fell by more than 99 per cent overnight, and the wider crash has pushed another stablecoin, Tether, below its dollar peg.

You can follow all the latest news, analysis and expert price predictions for bitcoin, as well as other leading cryptocurrencies like Ethereum (ETH), Solana (SOL) and Cardano (ADA), right here.

Key points

1652435335

Bitcoin, altcoin prices surge as market meltdown slows

The overall crypto market has surged by nearly 10 per cent in the last day following its dramatic crash on Thursday.

Bitcoin has surged in price by about 9 per cent in the last 24 hours, inching close to $30,500.

The leading cryptocurrency is still down by over 15 per cent compared to its value a week earlier.

Ethereum has also grown by about 9 per cent in the last day.

Cardano, dogecoin, polkadot, and avalanche have each risen by over 20 per cent in the last 24 hours as Thursday’s crypto market meltdown appears to be slowing down.

The crypto market is currently valued at $ 1.3 tn, which is still close to half of its value last November.

Vishwam Sankaran13 May 2022 10:48

1652441293

Stricter regulations on stablecoins likely, US SEC official says

US SEC Commissioner Hester Peirce has said stricter regulations on stablecoins may likely be around.

Following collapse of the stablecoin TerraUSD and Tether crashing below its dollar peg Ms Peirce has said there could be some movement for regulations around stablecoins, Reuters reported on Thursday.

“That’s an area that has obviously this week gotten a lot of attention,” she said, adding that there be room for a “trial-and-error” regulatory framework.

“There are different potential options for approaching stablecoins…and with experimentation, we need to allow room for there to be failure,” the SEC’s lone Republican commissioner said.

Vishwam Sankaran13 May 2022 12:28

1652439546

Bitcoin price fluctuations over the years

After reaching a record-breaking price of over $67 thousand in Early November, bitcoin has since lost over half of its value and is now close to $30,000.

In early 2022, bitcoin crashed largely due to political unrest and subsequent internet shutdown in Kazakhstan, a crypto mining hub.

Now, the latest crash is tied to stable coin terra breaking its $1 peg, and the collapse of Luna.

This chart, created by Statista for The Independent, shows the dramatic fluctuations in bitcoin price over the years

(Statista/The Independent)

Some experts say the worst may not be over yet.

Scottie Siu, investment director of Axion Global Asset Management – a Hong Kong-based company that runs a crypto index fund, told Reuters that there may be “more downside in the coming days.”

“I think what we need to see is the open interest collapse a lot more, so the speculators are really out of it, and that’s when I think the market will stabilize,” he has said.

Vishwam Sankaran13 May 2022 11:59

1652438356

Binance suspends LUNA and UST trading

Global crypto exchange Binance has suspended spot trading with Terra ecosystem’s cryptocurrencies LUNA and TerraUSD (UST) following Thursday’s crash.

It said withdrawals for the cryptocurrencies will open when the network becomes stable.

“We are continuing to work with the project team to create a more stable environment for users, and will keep the community updated accordingly,” Binance said in a statement.

Vishwam Sankaran13 May 2022 11:39

1652437308

El Salvador may have lost about $35 mn with bitcoin since September

With Bitcoin falling in value by about 40 per cent since September last year, El Salvador may have lost about $35 million from its crypto investments.

The country spent about $105 million buying bitcoins in September 2021 after becoming the world’s first government to make it legal tender, Bloomberg reported.

The country’s reported 2,301 bitcoins now have an estimated value of close to $70 million.

Vishwam Sankaran13 May 2022 11:21

1652436413

Cardano, Polkadot surge by over 30 per cent, leading in recovery

Cardano has surged by over 30 per cent in the last 24 hours as Thursday’s crypto market meltdown appears to be slowing down.

In the last 12 hours, cardano (ada) has grown in value by over 25 per cent and is currently valued at $ 0.5764.

However, it is still down by over 25 per cent compared to its value a week earlier.

Polkadot has also grown by over 30 per cent in the last day.

Other top cryptocurrencies including avalanche and solana have also surged by nearly 20 per cent in the last 24 hours, gaining back some of the value lost during Thursday’s slide.

Vishwam Sankaran13 May 2022 11:06

1652434380

Emirates will reportedly add bitcoin as payment method

UAE airliner Emirates has announced it will embrace blockchain, metaverse, and cryptocurrency as part of its new strategy to connect with customers.

Emirates Chief Operating Officer Adel Ahmed Al-Redha reportedly said the company is planning to employ bitcoin as a payment service and is adding NFT collectibles on the company’s websites, according to Arab News.

The Dubai-headquartered airline said it will also hire new staff for metaverse and NFTs. The company said it also seeks to use blockchain technology in tracing records of aircraft.

“NFTs and metaverse are two different applications and approaches. With the metaverse, you will be able to transform your whole processes — whether it is in operation, training, sales on the website, or complete experience — into a metaverse type application, but more importantly making it interactive,” Mr Al-Rehda said.

Vishwam Sankaran13 May 2022 10:33

1652430885

Terra Luna’s creator still quiet on recovery plan

In the midst of Terra Luna’s collapse – since when it has fallen even more – its creator Do Kwon posted a thread in which he urged investors to stay strong and keep belief that the cryptocurrency would return. After laying out the technical reasons he believed the cryptocurrency would bounce back, he ended with a firm commitment:

“Terra’s return to form will be a sight to behold,” he wrote. “We’re here to stay. And we’re gonna keep making noise.”

He has not posted since, and the price of the cryptocurrency is looking worse than ever.

Andrew Griffin13 May 2022 09:34

1652428985

Coinbase says underlying issue behind outage resolved

After users reported difficulty withdrawing funds amid fears of a widespread crypto market crash, Coinbase tweeted it is “implementing a fix.”

“We are aware that some customers are having issues trading and accessing accounts on Coinbase and Coinbase Pro. Your funds are safe, and we are actively working on the issue. We’ll provide an update here soon,” the company tweeted.

Several users said they were unable to withdraw funds with some reporting on Reddit they were unable to access the app or the website.

The outage hit Coinbase at a particularly uneasy time when users attempted to urgently withdraw.

The company has since said the “underlying issue that caused difficulties is resolved and full service has been restored.”

Vishwam Sankaran13 May 2022 09:03

1652427860

US treasury secretary calls for new regulations amid crypto meltdown

US treasury secretary Janet Yellen called for additional federal regulations amid crypto market crash following the dramatic fall in the value of Terra (LUNA) cryptocurrency.

“We’ve had a real-life demonstration of the risks,” she said of stable coins, during a House committee hearing on Thursday.

Stable coins are cryptocurrencies pegged to a specific value, such as the US dollar, or gold, and are expected theoretically to be stable similar to cash.

With the collapse of Terra, or UST, which collapsed, losing almost all of its value on Thursday, Ms Yellen said “the government’s role should be to ensure responsible innovation – innovation that works for all Americans, protects our national security interests and our planet, and contributes to our economic competitiveness and growth.”

Vishwam Sankaran13 May 2022 08:44

Share76Tweet47

Related Posts

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

#Cryptocurrency Hackers Stole $3.8 Billion Last Year, Making It the Worst Year on Record … – Latest Tweet – LatestLY

by admin
February 5, 2023
0

#Cryptocurrency Hackers Stole $3.8 Billion Last Year, Making It the Worst Year on Record ... - Latest Tweet  LatestLY

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Commentary: Don't let crypto collapse cast a pall on blockchain … – CNA

by admin
February 4, 2023
0

Commentary: Don't let crypto collapse cast a pall on blockchain ...  CNA

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

The Best Presales In Recent Crypto History: Big Eyes Coin, Calvaria … – NewsWatch

by admin
February 4, 2023
0

The Best Presales In Recent Crypto History: Big Eyes Coin, Calvaria ...  NewsWatch

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto marketing attracted a disproportionate number of Black investors. Here’s why. – Marketplace

by admin
February 3, 2023
0

Crypto marketing attracted a disproportionate number of Black investors. Here’s why.  Marketplace

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Latest Crypto News: IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments, Indonesia To Launch National Crypto Exchange – Outlook India

by admin
February 3, 2023
0

Latest Crypto News: IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments, Indonesia To Launch National Crypto Exchange  Outlook India

Load More
  • Trending
  • Comments
  • Latest

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

March 3, 2022

Bitcoin Is ‘Definitely Not a Fraud,’ CEO of Mobile-Only Bank Revolut Says

March 2, 2022
How online shopping has changed over the last 30 years | National

How online shopping has changed over the last 30 years | National

April 6, 2022
Protocon Announces ‘Contract Model’, an Alternative

Protocon Announces ‘Contract Model’, an Alternative

April 6, 2022

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader – Cointelegraph

February 5, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Weekly Article Recap: 1/30-2/3 – BSC NEWS

February 5, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

#Cryptocurrency Hackers Stole $3.8 Billion Last Year, Making It the Worst Year on Record … – Latest Tweet – LatestLY

February 5, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

What are the 5 Interesting Facts About Bitcoin – GISuser.com

February 5, 2023

Latest News

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader – Cointelegraph

February 5, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Weekly Article Recap: 1/30-2/3 – BSC NEWS

February 5, 2023

Categories

Site Navigation

  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services
  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services

© 2022 Designed by news4global

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • Videos

© 2022 Designed by news4global