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Cryptocurrency market correction

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When will this ongoing cryptocurrency market correction going to end? Read here

Investors unfazed by correction as crypto funds see $154 million inflows

Nasdaq Correction Deepens as Stocks Slide on Rate Concerns

Bitcoin news – live: El Salvador president predicts ‘gigantic price increase’ for BTC

As crypto slips, young investors resist urge to press panic button

This Bitcoin Crash Is Barely a Correction

WATCH RELATED VIDEO: Major Cryptocurrency Market Correction

When will this ongoing cryptocurrency market correction going to end? Read here

S stocks offering. Recall that the crypto asset had recently revealed it would start its Alonzo hard fork this month, an upgrade that would facilitate secure smart contracts. Cardano shares a close similarity with Ethereum, which had already allowed for the creation of new tokens on its blockchain.

Cardano is a type of blockchain that permits people to receive and send funds. ADA coin is the name of its cryptocurrency.

It uses the Cardano blockchain and it also allows people to design smart contracts, just like Ethereum. Olumide Adesina is a France-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment trading. Message Olumide on Twitter tokunboadesina. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Home Markets Cryptos. May 16, Share on Facebook Share on Twitter.

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Investors unfazed by correction as crypto funds see $154 million inflows

Estimating the fair value of cryptocurrencies is difficult because they trade in a speculative manner, helped by the large availability of U. The bank notes that bitcoin has witnessed 15 bear markets since its creation in , and the correction seen in recent months is within the range of what has happened before. Crypto investors may need to be patient if we are in the middle of a bigger risk market correction, the bank said. Alternatively, leverage in the crypto market would need to rise for a bullish trend to begin as central bank liquidity is removed, it said. Regulation, non-fungible-tokens NFT and stablecoin issuance are areas to watch in the coming months, according to the note.

The market's down — is it a crash? A correction? Leave the vernacular to others, and instead understand what's causing the market to fall.

Nasdaq Correction Deepens as Stocks Slide on Rate Concerns

This past year has been a rollercoaster for the cryptocurrency market. An explosion of growth has been intermittently interrupted by sudden dips caused by panic selling and negative news. For new-comers, choosing cryptocurrency to invest can be stomach-churning. If you own any digital tokens, you are probably feeling bouts of nausea during this current market correction in cryptocurrency. The reality is that prices need to go back to normal following the hype and excitement. What we are witnessing at the moment is the market correction in cryptocurrency after the price turmoil of Bitcoin reached a peak in mid-December, and although the Mother Coin is in decline right now, there is a strong possibility the price will recover. Others are more realistic and predict BTC will be worth six-figure digits in 10 years. The cause of the fall is unknown, and while theories abound, the decline of cryptocurrency prices is probably due to some contributing factors.

Bitcoin news – live: El Salvador president predicts ‘gigantic price increase’ for BTC

Thanks for contacting us. We've received your submission. Gen Z and millennial investors are flocking to buy shares of cryptocoin , such as Bitcoin or Ethereum, with the hopes of winning big. Cryptocurrency — which is a type of digital file that can be used as money, based on blockchain technology — is not controlled by any centralized entity or government, and is nearly impossible to trace.

But months later bitcoin has suddenly halved after a rapid correction in US equities triggered by concerns about central banks lifting interest rates off their zero lower bound.

As crypto slips, young investors resist urge to press panic button

The Report analyses the impact of COVID on financial markets during the second half of and highlights the increasing credit risks linked to significant corporate and public debt overhang, as well as the risks linked with investments in non-regulated crypto-assets. The significant rebound of equity markets and the valuation of debt indices which reached pre-pandemic levels, contrast with weak economic fundamentals. Additionally, crypto-assets come in many forms but the majority of them remain unregulated in the EU. In September , the European Commission presented a legislative proposal for a regulation on markets in crypto-assets. Consumers are reminded that the proposal remains subject to the outcome of the co-legislative process and so consumers do not currently benefit from any of the safeguards foreseen in that proposal because it is not yet EU law. The preparedness of market participants ensured that the end of the UK transition period had no discernible stability impact on securities markets.

This Bitcoin Crash Is Barely a Correction

Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. These offers do not represent all available deposit, investment, loan or credit products. But some experts are arguing that now might be a great opportunity for young investors to buy the dip. There is no utility at all in trying to trade around something that is going to resolve itself in short order. Every day, get fresh ideas on how to save and make money and achieve your financial goals.

Only if the price breaks down again to $30 K level, BTC will go to a deeper correction, perhaps even to $24 K, experts say. However, even in.

The correction was all across the board as cryptocurrencies like Solana, Binance Coin, and Cardano all suffered losses. One of the reasons for the pullback was China's state planner, the National Development and Reform Commission NDRC , stating on Tuesday that it will continue to crack down on cryptocurrency mining. Virtual mining "causes large energy consumption and carbon emission. However, this week's pullback doesn't seem to be causing much panic in the space, with Bitcoin and Ethereum both finding a bottom.

This week started off rough for investors. The Dow Jones Industrial Average surrendered 1. If you're a young investor, that might be good news, says Jamie Cox, managing partner at Harris Financial Group. It's difficult to pinpoint one single factor that drove markets lower on Monday. Early headlines brought news of a stock market sell-off in China triggered by the potential default of property developer China Evergrande Group.

Bitcoin bounced into positive territory Monday after initially continuing its slide from last week.

It may have been a weekend of landmark moments and celebration, but this week has unfortunately kicked off with Bitcoin setting the wrong kind of records. Is it traders taking profits after seeing the price of Bitcoin double this year? Corrections are usually a healthy part of the process, although for many joining the space recently, it will still likely be a shock. High volumes can indicate that a significant price movement has stronger support and is more likely to be sustained. Its lowest ever recorded dominance was The daily RSI is currently

Bloomberg -- Russians own more than Sixty percent of local crypto investors are aged between 25 and 44, while more than , local computer programmers work in the industry, according to the people involved in the discussions. The With the government and the Bank of Russia at odds on the future of cryptocurrencies in Russia, President Vladimir Putin has called on authorities to find a regulatory compromise.