marketcrash
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ethereum
05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
05/14/2022
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By Ethan Huff
Crypto “HODLers” getting SUICIDAL as entire life savings now VANISHING in accelerating crypto carnage
People who lost everything in Terra (UST) and Luna are now contemplating suicide after having their lives ruined by more cryptocurrency scams. On Reddit, one person wrote that his friend and ex-manager of 15 years tried to commit suicide after moving basically all of his life savings to crypto in 2021. “… Luna was a […]
01/07/2022
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By Mary Villareal
Google reveals 972 percent increase in searches for “sell ethereum” as crypto value plunges
Google search analysis reveals that online searches for “Sell Ethereum” increased by 972 percent in the United Kingdom on January 6th as the value of the cryptocurrency dipped below $3,400. The big drop followed the release of minutes from the Federal Reserve Board’s meeting in December, which signaled that the bank will begin slowing down […]
06/23/2021
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By Franz Walker
“The Big Short” investor warns about “mother of all crashes” for crypto and meme stocks
On Thursday, June 17, American investor Michael Burry, who gained fame after his crisis-era bets on the housing market became the subject of the film “The Big Short,” warned about losses “the size of countries” should crypto and meme stocks decline. “All hype/speculation is doing is drawing in retail before the mother of all crashes,” Burry […]
05/26/2021
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By Franz Walker
Drop in cryptocurrency prices raises questions about their stability
Cryptocurrencies, such as bitcoin and dogecoin, went through a roller coaster the past few weeks, with prices falling from previous highs. While the values of cryptocurrencies remain high, it’s raised fears about their stability. The values of various cryptocurrencies fell over the past few weeks after Tesla CEO Elon Musk pulled the automaker’s support for bitcoin on environmental grounds. Prices […]
05/04/2021
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By Franz Walker
Flash crash causes bitcoin, other cryptos to plunge, “washout” imminent says expert
Cryptocurrencies, especially bitcoin, were hit by a sudden flash crash early on the morning of Sunday, April 18, tanking prices. The plunge, which wiped out around $300 million from the broader crypto market, has caused one expert to warn of a “washout” ahead. The price of bitcoin, which had been on a downward trend for […]
11/13/2017
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By Ethan Huff
Online cryptocurrency wallet accidentally torches $300M worth of Ether coins … Crypto cultists PANIC
A buggy blockchain appears to have been responsible for the recent accidental loss of more than $300 million worth of “Ether” cryptocurrency, new reports indicate. It was actually a series of bugs that supposedly led an Ethereum developer to mistakenly take control of and permanently lock up – vanishing into thin air! – this mass […]
11/08/2017
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By Mike Adams
PANIC: $300M in cryptocurrency VANISHES overnight… user error blamed… 10 reasons why gold is better than Bitcoin
Bitcoin’s meteoric rise in price has been accompanied by a predictably parallel rise in the contorted lunacy we seem to witness in every irrational bubble, no matter what its origin. The Bitcoin bubble delusion has become so convincing to some people that they now believe Bitcoin is the “new gold” or “better than gold.” And […]
07/26/2017
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By Mike Adams
Bitcoin miners “holding on with a death grip” as Bitcoin “pipe dream” appears hopelessly obsolete, slow and fractured: An interview with Kevin Lawton
In a fascinating, two-part interview with cryptocurrency analyst Kevin Lawton, the Health Ranger discusses the promise of decentralization, the vulnerabilities of Bitcoin and what the future holds for cryptocurrencies. (See video below.) – Background on cryptocurrencies, and why Bitcoin was a useful “proof of concept” but doesn’t represent the future of cryptocurrency. – Why Bitcoin […]
06/24/2017
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By Russel Davis
Ethereum crypto-currency flash crashes then recovers following panic selloff caused by technical glitch
A technical glitch has resulted in a brief but monumental crash in the price of ethereum, an alternative digital currency to bitcoin, demonstrating the apparent volatility of the cryptocurrency market. According to recent reports, the price of etherium flash crashed in a matter of seconds from around $319 to 10 cents on cryptocurrency exchange GDAX. This, following a multi-million […]
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