bitcoin
Bitcoin (BTC) $ 51,683.85
ethereum
Ethereum (ETH) $ 3,033.73
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 384.35
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.545054
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.086141
cardano
Cardano (ADA) $ 0.590284
solana
Solana (SOL) $ 102.78
matic-network
Polygon (MATIC) $ 0.972012
polkadot
Polkadot (DOT) $ 7.74
tron
TRON (TRX) $ 0.13761
Sunday, February 25, 2024
More
    bitcoin
    Bitcoin (BTC) $ 51,683.85
    ethereum
    Ethereum (ETH) $ 3,033.73
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 384.35
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.545054
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.086141
    cardano
    Cardano (ADA) $ 0.590284
    solana
    Solana (SOL) $ 102.78
    matic-network
    Polygon (MATIC) $ 0.972012
    polkadot
    Polkadot (DOT) $ 7.74
    tron
    TRON (TRX) $ 0.13761

    Solana (SOL) to Plunge to $20, Bitcoin Maximalist Keiser Believes

    -

    -Advertisment-

    Outstanding Bitcoin evangelist Max Keiser has printed one other prediction concerning the huge crash of the Solana (SOL) token that he expects. Over the previous few months, Bitcoin maximalist Keiser has been bashing Solana, amongst XRP, ADA and different altcoins, calling it a rip-off and predicting that it’ll go right down to zero, making traders lose their cash.

    Keiser has been criticizing altcoins closely over the previous few years, slamming them as a rip-off. After the SEC statements about them allegedly being securities final yr, Keiser took up that narrative when slamming XRP, SOL, ADA and different digital currencies – something, actually, aside from Bitcoin.

    - Advertisement -

    Proper once more!!!!

    $20 incoming. https://t.co/5urVwK6osO pic.twitter.com/12SMUmv1pv

    — Max Keiser (@maxkeiser) January 3, 2024

    Solana exhibits main drop, following Bitcoin

    Earlier at the moment, the flagship cryptocurrency, Bitcoin, all of a sudden crashed by 6.85% from $45,336, touching the $42,200 stage. This was pushed by a whopping $500 million price of liquidations seen throughout main exchanges – Binance, OKX, Huobi and others. The vast majority of the liquidations have been made to lengthy orders. OKX noticed $237.737 million in longs eradicated. Binance witnessed $117.795 million worn out in liquidations.

    Based on CoinGlass, a large lengthy Bitcoin order was liquidated on the Huobi change; it was price almost $15 million.

    Over $500 million in liquidations! pic.twitter.com/I9PxOi9jDB

    — Ali (@ali_charts) January 3, 2024

    Bitcoin’s plunge was adopted by these of different main cryptocurrencies, amongst them Ethereum (falling by 6%), Solana (down by 8%), LINK (misplaced 11%), in accordance with a cumulative publication by cryptocurrency YouTuber Lark Davis. XRP has crashed more durable than many different cash, dropping by 11.40%. As for SOL, it has misplaced roughly 20% over the previous 24 hours, dropping by 6.11% even earlier than Bitcoin went down.

    See also  First Belief seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard buyers

    The Bitcoin liquidations have been attributable to one main cause – Matrixport produced a report that predicted that the SEC will seemingly reject all the spot Bitcoin ETF requests filed by main Wall Road corporations.

    SEC anticipated to approve Bitcoin spot ETFs this week

    As reported earlier, the SEC was to announce their choice till Jan. 10 and approve or reject all of the Bitcoin ETF filings it has on the desk — round a dozen of them.

    Expectations of an upcoming spot Bitcoin ETF launch taking place in January have been the most important catalyst for the Bitcoin worth till now, when Matrixport launched its detrimental prediction on the long run SEC choice.

    -Advertisment-
    -Advertisment-
    -Advertisment-
    -Advertisment-

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    -Advertisment-
    BuyBitcoinFiveMinute

    LATEST POSTS

    Does Matrixport’s Prediction of BTC $63000 Aligns Bitcoin Technical Evaluation?

    Bitcoin Technical Evaluation: For almost two weeks, the main cryptocurrency Bitcoin has traded sideways resonating with two horizontal ranges of $53050 and $50600. The consolidation...

    4 cryptocurrency networks appeal to essentially the most capital within the...

    Digital asset market knowledge and analytics supplier Glassnode revealed a report figuring out an rising altseason by which elevated demand prevails throughout 4 cryptocurrency networks....

    These Eight Altcoins Led the Newest Rally!

    Kaiko, the main knowledge and analysis agency within the cryptocurrency business, introduced the best-performing altcoins within the mini rally that began on the finish of...
    -Advertisment-
    BuyBitcoinFiveMinute

    Most Popular