FTX CEO Sam Bankman-Fried said the Federal Reserve’s decision to aggressively increase interest rates was the main reason behind the market crash. He does not criticize the Fed, however, saying it is ...
Tag: Reason
Top Reason Why Bitcoin Price Surge Above $20K? – Coinpedia – Fintech & Cryptocurreny News Media
For Bitcoin supporters, the past few days have been a turmoil due to unfavorable price movements. After falling to the $19,000 mark on June 18th, Bitcoin appears to have likely cleared the way for a n...
Analyst Who Called 2022 Crypto Crash Updates Bitcoin and Ethereum Outlooks, Warns There Is Zero Reason To Flip Bullish
The pseudonymous analyst who called crypto’s current crash is issuing a fresh warning to Bitcoin (BTC) bulls that the bears are in control. Crypto Capo cautions his 374,000 followers that there are “z...
The Real Reason Behind Higher Oil And Gasoline Prices
(From R) Saudi Arabia’s Energy Minister Khalid al-Falih, Russia’s Energy Minister Alexander Novak, … [+] Kuwait’s Oil Minister Essam al-Marzouk and OPEC Secretary General Moham...
Top Reason Why Ethereum Price Might Crash Heavily In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Lido Staked Ethereum (stETH), a DeFi Ethereum derivative, has significantly diverged in the last 48 hours. The coin, which is intended to be pegged to ETH 1:1, is currently trading at $1,473 and has d...
Nvidia’s 5nm Lovelace Chip Is Not the Right Reason to Worry About Nvidia Stock
This week hasn’t been a great one to own semiconductor stocks so far — but Nvidia (NVDA) shares might turn out to be a relatively safe port in the storm. The week began on a down note when...
The Real Reason Behind Terra’s UST Stablecoin Disaster
Paolo Ardoino, Tether (USDTchief )’s technical officer (CTO), has identified the Terra (LUNA) ecosystem as the primary cause of the coin’s fall. Ardoino pointed at the Terra developers’ decision to cr...
Bitcoin’s Bear Market Long-Term Holders Capitulation Started: Reason for Optimism?
Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put in the 10th red wee...
What’s the reason that billion dollar scams counts fake crypto investments at the top?
Due to blockchain technology, people tend to believe that cryptocurrencies and digital assets are quite a safe passage, but scams make them skeptical. As per the recent Federal Trade Commission (FTC)...
These Wallets are the reason for Terra’s destabilized
According to a recent Nansen research, seven distinct wallets destabilized UST by selling huge quantities of the currency into very illiquid Curve liquidity pools, according to on-chain measurements. ...
Waves Token Surges Over 90% On This Main Reason
The Global cryptocurrency market finally register some recovery after the brutal collapse. As the major digital assets reflected green indexes, the Waves token has emerged to be the biggest gainer. Th...
Is Anchor The Reason Why Terra Crashed?
The Terra crash earlier this May made quite a mess, and the crypto market felt its wrath, including flagship currencies such as Bitcoin(BTC) and Ethereum (ETH). Many questions were raised too on stabl...
Here Are The Reason Why Mehracki (MKI) Is Better Than Crypto Giants Like (DAI) Or Uniswap (UNI)
– Advertisement – Cryptocurrency is a new decentralized digital mode of payment that doesn’t depend on banks to verify transactions. It’s an end-to-end encrypted system that allows users t...
SEC Asks Elon Musk The Reason Behind His Late Disclosures Of 9.2% Stake In Twitter
On Friday, the SEC revealed that it sent a letter to Elon Musk inquiring about his disclosure of 9.2% stakes in Twitter later than legally required. The letter published by the SEC asked four qu...
The Craft Beer Industry Has Reason To Celebrate According To The Latest Data
DENVER, CO – DECEMBER 04: Beer taps from Recess a new restaurant located in Denver’s Lower … [+] Highlands neighborhood on Friday, December 04, 2015 (Photo by Cyrus McCrimmon/The Den...
Tron (TRX) Overtakes Shiba Inu In Value On This Key Reason
Tron’s native token, TRX, has now overtaken Shiba Inu (SHIB) to become the 14th-largest cryptocurrency by market value. The Tron Ecosystem has thrived to become the biggest gainer surviving the recent...
ApeCoin [APE]: Decoding the reason behind its major rally over the past day
Despite the success recorded by Yuga Labs with the sale of real estate on its “Otherside” Metaverse that went live on 30 April, there is no gainsaying in denying the series of catastrophes that the en...
Tax breaks aren’t prime reason for high-net-worth philanthropy
Maria Teijeiro | OJO Images | Getty Images Tax breaks aren’t the primary incentive for philanthropy among the ultra-wealthy, according to BNY Mellon Wealth Management’s inaugural Charitabl...
Fear stronger than greed: The reason behind Axie Infinity’s [AXS] weakness
Axie Infinity was the victim of the biggest hack in the history of crypto when it lost over $600 million, and today, it became witness to another attack after its Discord server’s MEE6 bot was comprom...
The Real Reason Gasoline And Diesel Prices Are So High
Oil prices are a common topic of conversation around the office water cooler these days. As you might expect, perspective matters. The folks at the Halliburton, (NYSE: HAL), office in Midland, Texas l...
Here’s What Could Be The Reason Behind Ape #6462 Sale Of Just $200 USDC
As with everything on blockchain, mistakes are irreversible too and often prove to be quite costly. We got to witness one example of it quite recently as the owner of Ape #6462 sold the NFT for a mere...
Jack Dorsey Names Reason for Next Bitcoin Price Surge
Yuri Molchan Former Twitter CEO says he does not watch the current Bitcoin price fall, here’s why Contents Jack knows what will push BTC up again Bitcoin price declines heavily Billionaire and promine...
The reason behind the Bitcoin Crash: is it Market abnormality or the bubble’s bursting?
Looking at the situation through which the market is passing through it could create skepticism that if it’s momentarily or going to remain for long Almost every other digital asset in the cryptocurre...
The SEC has already sued Terraform Labs. It has every reason to investigate UST, lawyers say
The Securities and Exchange Commission is likely already investigating what happened to UST over the past week, two former SEC lawyers tell The Block. “The SEC is already on the scene as they are inv...
Ethereum: What’s the reason behind ETH facing the brunt of this recent crash
Ethereum has dropped to its lowest point since July 2021 in the aftermath of the latest crypto crash. Standing at $1750 at press time, Ethereum has plunged severely recently suffering a near 25% dip i...
Here Is The Possible Reason For USDT’s Depegging!
While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to ...
Kyrie Irving’s Long-Term Nets Career In Doubt —GM Refuses To Commit, Hinting Covid Vaccine Refusal Is Possible Reason
Topline Brooklyn Nets general manager Sean Marks would not say Wednesday if he hopes the team’s star point guard Kyrie Irving will be in Brooklyn long-term, showing frustration after Irving’s refusal ...
Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings
An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnin...