Ripple price started a fresh decline from the $0.6000 zone against the US dollar. The price is now trading below $0.50 and the 55 simple moving average (4-hours). There is a major bearish trend line f...
Tag: Losses
Beeple’s Twitter hack leads to thousands in losses
Beeple’s Twitter account was hacked on sunday, with the hacker linking his account to a phishing link that drained one ETH from users who clicked on a fake raffle. The digital artist Mike Winklemann, ...
Crypto Market Crash Leaves Investors Counting Losses
Over the previous two years, a boom in crypto prices minted a generation of millionaires and billionaires. Some industry executives and even regular investors acquired extraordinary wealth out of cryp...
Bitcoin on Track to Record 8 Straight Weeks of Losses
Alex Dovbnya Bitcoin is poised to record its longest bearish streak in history as it keeps trading below $30,000 Bitcoin, the world’s leading cryptocurrency, is on track to record eight consecutive we...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Waiting for Bitcoin to...
Crypto Market Crash? Here’s what to Do to Evade Losses!
The crypto market is one of the most rewarding markets in the financial sector. However, like other markets, it is susceptible to a high volatility rate. These volatilities occur due to some factors i...
Large Crypto Losses May Not Become Instant Tax Write-0ffs, But Here’s What You Can Do
Tired businesswoman in the office getty What Happened The recent crypto market downturn and the upcoming recession fears have led many investors to sell their cryptocurrency positions at huge losses t...
Blockchain Firm Losses $3.5 Billion As Terra (LUNA) Crumbles
Hashed, a Seoul and Silicon Valley based crypto assets fund and community builder has lost over $3 billion in the wake of Terra (LUNA) collapse. The venture capital is a well known financier of Terra ...
Realized Losses Capture May 12 Capitulation
Be[In]Crypto takes a look at bitcoin (BTC) on-chain indicators, including those factors that speak to realized profits and losses. Realized losses show total U.S. dollar (USD) loss value for BTC that...
Do This Now to Claim Losses
Terra crash: It has been a bloodbath in the crypto market over the last week. Terra LUNA investors have taken the worst of the hit. While you won’t be able to turn back time, there are a few critical ...
Seven weeks of losses for Bitcoin
Never in the course of history has Bitcoin experienced such sustained losses in the market as it has over the past seven weeks. Bitcoin’s losses do not stop Bitcoin loss record Bitcoin has been suffer...
Kadena Posts Double-Digit Losses as More Layer-1 Cryptocurrencies Tank
Kadena (KDA), the native cryptocurrency of the eponymous proof-of-work (PoW) blockchain network, is down more than 10% over the last day, trading at $2.89 by press time, per CoinMarketCap. Kadena was ...
Sell Signal Flashes For Shiba INU, SHIB Price Heading for Sharp Losses Ahead!
The popular memecoin after Dogecoin appears to be stuck heavily within a bearish trap that it is constantly failing to breach through the pivotal levels. In a recent update, the SHIB price is showcasi...
Billionaire Forrest Li’s Sea Sinks Deeper Into The Red As Shopee Losses Widen, Expenses Surge
Forrest Li, chairman and group chief executive officer of Sea Ltd., poses for a photograph in … [+] Singapore on Wednesday, July 8, 2020. Demand for Sea’s mobile games and online-shopping ...
Roughly 150 Netflix Employees Laid Off After Subscriber Losses
Topline About 150 Netflix employees were laid off Tuesday, mostly in the United States, roughly a month after the streaming service reported a decrease in subscriber numbers for the first time in 10 y...
UK Crypto Investors Can Now balance Losses With Future Gains in Tax filings
The UK tax authorities have promised to improve data collection on cryptocurrency investors. Despite the fact that Bitcoin reached 30,000 following days of dramatic drops in the crypto market, a subst...
Coinbase Cuts Down Hiring After Q1 Losses Hit $420 Million
Coinbase has announced their decision to cut down hiring after losing $420 million in the first quarter. This is according to information on a blog post from Coinbase. The Start Of A Bad Year For Coin...
Scream protocol losses millions to stablecoin depeg
Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protoco...
UK taxpayers can offset cryptocurrency losses with future gains
The cryptocurrency market has not been performing well in recent weeks following the collapse of Terra LUNA and UST. The collapse of these two tokens spooked investors and caused massive liquidations ...
UK tax legislation allows crypto investors to ‘bank’ losses to reduce tax bill
Despite the recent cryptocurrency market decline, investors in the United Kingdom may be able to “bank” their cryptocurrency losses to lower their taxable income. Crypto assets are not subject to the ...
Morgan Stanley’s Wilson Sees New S&P 500 Losses After Bear Rally
(Bloomberg) — The latest bounce in US stocks is a bear market rally and more declines lie ahead, according to Morgan Stanley strategists. Most Read from Bloomberg “With valuations now more attra...
British Crypto Investors Can Now Offset Losses With Future Gains for Tax: Report
Though Bitcoin touched the 30,000 level after days of violent dumps befalling the crypto market, a large portion of investors have since then remained underwater. The recent market selloff led by Terr...
SoftBank losses $13.2 billion amid selloff
SoftBank Group Corporation (OTCMKTS: SFTBY), one of the most effective and aggressive high-tech investors in the world, claimed that it lost more cash in the previous financial year than it had ever e...
Bitcoin Losses Add to Mounting Fears of Debt Default in El Salvador
Alex Dovbnya El Salvador will struggle to secure a bailout from the IMF According to a recent report published by The Wall Street Journal, the market value of El Salvador’s holdings has plunged by abo...
DeFi Platforms Blizz Finance and Venus Protocol Count Their Losses – crypto.news
The entire funds in the liquidity pools of Blizz Finance and Venus Protocol DeFi platforms have been drained by attackers. Blizz claims Chainlink’s decision to pause the LUNA price feed during the tok...
Gold Price Prediction – Gold Prices Face Losses for the Week on Bets of Aggressive Fed Rate Hikes
Key Insights Gold prices continued to decline as yields extended gains. Investors placed bets on the size of upcoming rate hikes. Treasury yields soared as equities rallied. Gold prices declined sharp...
DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market c...
BTC on-Chain Analysis: Short-Term Holders Take Extreme Losses, Will BTC Dive Below $30,000 Again?
The Bitcoin market is a place of constant clash between bulls and bears. Often, these animals take the form of short-term and long-term holders who are constantly trading coins with each other. When s...
Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
“The extent of the damage caused from the depegging of recent stablecoins, and collapse of LUNA is unknown and will likely continue to play out in the weeks to come, but we expect that recent events i...