Crypto Ethone

  Mantra Token Plummets 90%: Team Blames Exchange Liquidations as Market Cap Shrinks to $683 Million On Sunday evening, Mantra's OM token experienced a catastrophic crash, plunging more than 90% in a matter of hours and triggering over $71.8 million in liquidations. The token, which was trading around $6.30 yesterday, now sits at approximately $0.70, with its market capitalization drastically reduced from nearly $6 billion to just $683.09 million. OKX Exchange Issues Statement on Price Collapse In a significant development, major cryptocurrency exchange OKX has released an official statement regarding the OM token crash. The exchange noted that the initial price drop occurred around 2:28:32 am (UTC+8) on April 14, with "a rapid price drop and increased trading volume first appearing on other exchanges, followed by a sharp drop of more than 80% in the entire market in a short period of time." OKX's analysis indicates potential structural issues with the token, stating ...

  It feels like every year some expert claims Bitcoin (and crypto) is dead. But with the market turnaround and new all-time highs, is crypto dead in 2025? Following the fallout of FTX, Voyager, and Celsius, as well as several network collapses like Luna and Ronin Bridge, many so-called experts proclaimed the death of crypto. However given the market turnaround, with Bitcoin reaching new historic all-time highs in recent weeks, is crypto dead? Is crypto dead? No. Crypto is far from dead in 2025. Since Bitcoin began in 2009, every year someone has predicted the downfall of crypto, but despite all the adversity faced throughout the so-called crypto winter, the market has bounced back, with Bitcoin reaching a historic high of more than $73,000 in March 2024. What is a crypto winter? A crypto winter refers to a prolonged period of declining cryptocurrency values, affecting major players like Bitcoin and Ethereum as well as lesser-known altcoins. These dow...

  With an estimated 562 million crypto investors worldwide, accounting for 6.8% of the population globally, you might wonder what the hype is about and whether crypto is a good investment. In this guide, we’re answering all your questions about crypto investing, starting with the obvious - is crypto a good investment? What kind of investment is cryptocurrency ? Cryptocurrency  is a kind of digital asset, or virtual money if you will, secured by blockchain technology. There are many different kinds of cryptocurrencies, and you can use different cryptocurrencies for different things. Some cryptocurrencies serve as purely speculative assets, while others have more utility, and indeed their own ecosystems with unique financial opportunities. All this to say, crypto is a unique kind of investment. Indeed, financial authorities around the world for the most part haven’t agreed on the kind of investment cryptocurrency is. Owning Bitcoin isn’t like owning a stock, because Bi...