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CATEGORY: crypto loss


May 23, 2022 10:40

Crypto Market Crash Leaves Investors Counting Losses


Price crashes are a normal part of cryptocurrency investing. It is important to be ready and understand how to minimize losses during a declining market. (Read More)

May 15, 2022 10:50

Top 5 Worst Cryptocurrencies Of The Week – Week 19

The crypto market is still displaying poor performance. This post is all about the top 5 worst cryptocurrencies of the week.

Jan 08, 2022 07:10

Those 3 Cryptos can RECOUP your Losses after the Bitcoin Crash

The Bitcoin Crash has unsettled many investors in the last few days. Can you still trust Bitcoin and other cryptocurrencies as investments? Well, a crash always offers an opportunity to buy cheap and profit big in the next few weeks and months. Let's talk about 3 crypto buys that you could invest in right now, and will recoup your previous losses from the crypto crash.

#1 Terra (LUNA)

The Terra network aims to promote the acceptance of cryptocurrencies in the financial world. It introduced Fiat-based stablecoins. The prices of these stablecoins are calculated by decentralized oracles on the chain. LUNA is Terra’s network token. In the last few weeks, the LUNA token has risen to the top 10 cryptocurrencies by market cap.

The rise of Terra began as the classical financial world became more closely intertwined. Furthermore, the growing market of decentralized financial products (DeFi) benefits the value of the LUNA token. The increase in value should continue over the next few weeks. Due to the crypto crash on the market, LUNA is relatively cheap to buy at the moment, and happens to reach a support area.

Fig.1 LUNA/USD chart for the past month - coinmarketcap

#2 Avalanche (AVAX)

Avalanche was called an "Ethereum killer" in 2021, along with other cryptocurrencies such as Cardano and Solana. This is how smart contract platforms are called, which offer significantly lower transaction fees and other advantages compared to Ethereum (e.g. security). Avalanche can process up to 4,500 transactions per second because, unlike other cryptocurrencies, it uses multiple blockchains.

Especially in the area of ??NFTs and DeFi, the Avalanche network has seen more and more opportunities in recent weeks. The network continues to grow. Indeed, there is a possibility that Avalanche could at some point be on a par with Ethereum. Here, too, you can take advantage of the low prices of cryptocurrencies at the moment due to the recent crypto crash.

Fig.2 AVAX/USD chart for the past month - coinmarketcap

#3 Fantom (FTM)

Cryptocurrencies that are extremely fast and extremely scalable should determine the future of the market. This includes Fantom, which uses a novel consensus mechanism called Lachesis. As a result, the transaction speed in the Fantom network is very low. The average should be less than a second. 

The network's native token is the FTM token. This could be an excellent long-term investment in the next few years. Decentralized applications should queue up in 2022 to use the Fantom Blockchain. Last week the FTM course exploded. Due to the crypto crash, the token is currently cheaper again.

Fig.3 FTM/USD chart for the past month - coinmarketcap

You can purchase the cryptocurrencies mentioned above on the Binance ,  Coinbase ,  Kraken  and  Bitfinex crypto exchanges.

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Crypto Trading© Cryptoticker

The post Those 3 Cryptos can RECOUP your Losses after the Bitcoin Crash appeared first on CryptoTicker.

Nov 11, 2021 07:10

Top 3 Cryptocurrencies that lost in Value while the Crypto Market is Booming

We are seeing the crypto market at an all-time high and it seems that the market is showing no signs of stopping. Yet, certain cryptocurrencies displayed poor performance. This post is all about the top 3 cryptocurrencies that lost in value while the crypto market is booming. Let's take a look at it in more detail. At the time of writing this, the BTC price is sitting at $65,483.04. 

3.Top 3 Cryptocurrencies: Compound (COMP) -28.8%

According to its whitepaper, Compound runs on Ethereum that enables users to lend and borrow cryptocurrency. It also allows users to have a right in its governance with its COMP token. The COMP cryptocurrency is the governance token of the protocol. The predefined number is shared with all lenders and borrowers on the Compound protocol regularly. 

In the last 3 months, the COMP price has decreased by almost -28.8%. The crypto market is booming yet the COMP price has decreased. The reason behind this could be a buggy software upgrade. Just a few days ago, users of COMP tokens were surprisingly given $90M worth of COMP tokens after a buggy software upgrade. 

2.Top 3 Cryptocurrencies: Flow (FLOW) -43.50%

According to its website, the FLOW is the native token (“FLOW”) of the Flow network. The network defines itself as a unique blockchain that is built for the next generation of apps, games, and the digital assets that hold them. Flow is powered by Dapper Labs. The Dapper Labs is the same company that created the famous CryptoKitties. The purpose of the FLOW blockchain is to be fast, secure, and developer-friendly.

In the last three months, the FLOW price has decreased by almost -43.50%. The reason behind this price drop is still unknown.

1.Top 3 Cryptocurrencies: Braintrust (BTRST) -80.5%

According to its website, Braintrust is the first decentralized facility that connects freelancers with the world’s major firms. As compared with other cryptocurrencies, BTRST's price has declined. In the last three months, BTRST's price has decreased by almost -80.5%. Braintrust price in BTC has dropped by almost -36% while it is down -51% against Ethereum.

Top 3 Cryptocurrencies© Cryptoticker

The post Top 3 Cryptocurrencies that lost in Value while the Crypto Market is Booming appeared first on CryptoTicker.

 October crypto losses reach $129M from hacks and exit scams

Author: Cointelegraph by Ezra Reguerra
United States
Nov 04, 2024 12:00

October crypto losses reach $129M from hacks and exit scams

The biggest incidents in October included the Radiant Capital hack, a phishing attack and the hacking incident involving crypto exchange M2. 

 Trader who lost $26M to copy-paste error says its been max pain

Author: Cointelegraph by Tom Mitchelhill
United States
Nov 13, 2024 12:00

Trader who lost $26M to copy-paste error says its been max pain

A trader who lost $25 million after accidentally copying and pasting the wrong transfer address is offering a $2.5 million reward to white hackers in the hopes of getting their money back. 

 September crypto hacks surpass $120M, centralized exchanges hit

Author: Cointelegraph by Arijit Sarkar
United States
Oct 02, 2024 12:00

September crypto hacks surpass $120M, centralized exchanges hit

Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.

 Virtuals Protocol Discord server hacked, fake Google links posted

Author: Cointelegraph by Vince Quill
United States
Jan 09, 2025 12:00

Virtuals Protocol Discord server hacked, fake Google links posted

The security incidents occurred days after a researcher discovered a critical bug in a Virtuals Protocol audited contract, which was fixed.

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