XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

XRP Price Brought Down 56% in One Candle, Bitmex Traders Outraged Over Flash CrashA number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto PricesOn September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are […]

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A Short History of Major Fiat Currency Collapses and What Triggered Them

Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own […]

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