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Posts published in “flash crash”

Crypto Market Wrap: $16 Billion Dumped in a Day

Market Wrap Huge crypto market purge dumps 11% in a day; all altcoins in a world of pain, all 2019 gains obliterated. Another dump followed yesterday’s initial 60 minute crypto purge eight hours later. This has exacerbated daily losses and resulted in an outflow of $16 billion over 24 hours. Total crypto market cap is...

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Bloodshed Continues As Crypto Market Weakness Persists

Bloodshed continues in cryptocurrency, with the sell-off triggered on November 14th, 2018, sparking persistent crypto market weakness. At press time, most major currencies continued their slide, dragging the total market cap down to around $182 billion USD, per CoinBillboard. Also see: Perry Farrell Talks About Kind Heaven, a Mythical and Immersive Arts Experience Subscribe to the Bitsonline …

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The post Bloodshed Continues As Crypto Market Weakness Persists appeared first on Bitsonline.

Flash Crash on Indian Exchange Zebpay Following Rupee Notice

In anticipation of progressing legal action being taken against cryptocurrency commerce in India, the nation’s top exchange Zebpay issued a warning to customers stating that their rupee withdrawals could be blocked in the near future, depending on the policies of the particular bank investors were planning on withdrawing to. While this was not a notice …

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The post Flash Crash on Indian Exchange Zebpay Following Rupee Notice appeared first on Bitsonline.

Bitcoin Price Crash Caused by Panic Sellers and Manipulation (Not Coinrail)

In an effort to pin Bitcoin’s price drop on anything other than sellers overpowering buyers, mainstream and cryptocurrency-focused media have been eager to blame Coinrail — an irrelevant and incredibly minor cryptocurrency exchange in South Korea. However, the hack of Coinrail is not to blame for the flash crash. Market manipulators and panic sellers are. Panic Selling After a prolonged period of sideways trading, market makers in the cryptocurrency space decided to slice a $42

The post Bitcoin Price Crash Caused by Panic Sellers and Manipulation (Not Coinrail) appeared first on Bitcoinist.com.

What Caused a Flash Crypto Crash to Wipe $15 Billion Out in Just Two Hours

FOMO Moments Markets are falling, altcoins getting hit hardest are EOS, Iota, Ontology, OmiseGo and Icon. That ongoing sideways ranging market has finally ended a few hours ago when a flash crash wiped $15 billion out of crypto in a couple of hours. The markets have slid over 6% over the past day and the...

The post What Caused a Flash Crypto Crash to Wipe $15 Billion Out in Just Two Hours appeared first on NewsBTC.

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