Bitcoin, Ripple, Ether Lose 15-30%: Market Crashes As France And China Curb On Cryptos

Bitcoin, Ripple, Ether Lose 15-30%: Market Crashes As France And China Curb On Cryptos

The entire cryptocurrency market is going through a devastating correction today, on January 16, for the first time within the past few weeks. Each of the first ten virtual coins, listed on CCN states, there is no guarantee that particularly this regulatory pressure fueled the fall on the crypto market. Instead, it could have been triggered by the sharp rise in the market valuation of most digital coins within the limited time. It is not the first time when the market experiences such decline, so there is hope that it will come back to norm within a few days.

Table Source: coinmarketcap.com

Our top trading bots

DeFi mutual fund Sheesha Finance raises $9.4M
Sheesha Finance, a decentralized finance mutual fund based in the United Arab Emirates, has raised $9.44 million over a two-week token sale — underscoring...
Nvidia triples revenue forecast for crypto mining GPU sales
Nvidia says the positive performance of its various market segments has seen the company revise its initial forecasts for Q1 of fiscal 2022.The company...
dHEDGE launches tokenized index tracking its top 10-ranked traders
Decentralized fund management platform dHEDGE has launched a tokenized index that tracks its top-ranked traders.An ERC-20 token will also be issued for...
Our Man in Shanghai: Scandal as $45M of stolen government funds allegedly lost on 100x leverage
Blockchain security company Beosin has been the focus of a major scandal after its chief marketing officer, Gao Ziyang, was taken into custody and charged...
Mati Greenspan warns SEC's latest action could threaten future of all cryptocurrencies
Quantum Economics founder Mati Greenspan has warned the SEC’s latest action against decentralized content platform LBRY could threaten the future of all...
Bitcoin price slides 5% as second day of losses costs Ethereum $2K landmark
Bitcoin (BTC) extended its price drop on Wednesday amid warnings that excessive long positions needed to be flushed out to allow for fresh gains. BTC/USD...
Jump Trading backs fan tokens startup Chiliz
By Anna Irrera and Tom WilsonLONDON (Reuters) - Proprietary trading firm Jump Trading has made an equity investment in Chiliz, the blockchain company that...
SBI Crypto's Bitcoin mining pool goes public
SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public. As one of the fruits...
Stablecoin - Everything You Need to Know
What Is A Stablecoin? You must have heard of cryptocurrency which has been the recent talk of the town. Well, stablecoins are a form of cryptocurrency....
Bitcoin Plunges Below $4,500 For The First Time in a Year
The most valuable cyber-coin in the world plummeted below the margin of $4,500, the lowest point since the last year’s end of September. Overall, on November...
Mastercard May Allow BTC Transactions on Credit Cards As It Won a Relevant Patent
“If you can’t beat them, join them,” the known proverb says. Mastercard seems to have mastered this lesson.Within the first half of 2018, the American multinational...
Companies Will Extinct Without Blockchain Adoption, FedEx CEO Says
Companies should adopt such novel tech trends as the blockchain. Otherwise, they could see a soon end. This is the thought expressed by the FedEx CEO...
Ethereum Developer Left The Project
One of the leading developers of Ethereum, Yoichi Hirai, announced that the code editors are leaving the team, expressing concerns that the proposal to...
ICO with love: DateCoin Will Present DTC Tokens To Denim Users On Valentine's Day
On Valentine's Day, more than 700,000 users will receive tokens of the DateCoin project free of charge. Owners of DTC tokens will be users of the existing...
South Korean Exchanges to Pay 24% Taxes on Cryptos As Officials to Declare Bitcoin Holdings
Last week was one of the breakneck fluctuations in the prices of all virtual coins, including bitcoin. However, the downhill swings were prevailing,...