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“More bitcoin investors expect price crash than rebound: survey” Bitcoin is more likely to plummet to $10,000 than soar again above $30,000 following the recent downturn in the market, according to the results of a survey published Monday. The world’s leading cryptocurrency by market cap was trading at $20,371 on Monday, down about 2.3%. The…
” Grayscale legal officer says Bitcoin ETF litigation could take two years “ Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. Craig Salm, chief legal officer at asset manager Grayscale, discussed the firm’s lawsuit with the United States Securities and…
” US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval. After admittedly sealing its best week’s gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels. Major resistance…
” A brief history of Bitcoin crashes and bear markets: 2009–2022 “ Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021. June 2022 has become the worst month for Bitcoin since September 2011, as its monthly losses…
” Top 5 cryptocurrencies to watch this week: BTC, UNI, ICP, AAVE, QNT “ Bitcoin (BTC) has given up ground over the weekend as investors remain cautious about the United States consumer inflation data to be released on July 13. Analysts anticipate June’s consumer price index to be higher than May’s 8.6% level. Due to…
” Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K “ Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes bullish divergences across markets Data from Cointelegraph Markets Pro and TradingView showed…
” BTC bull Michael Saylor: Ethereum is ‘obviously’ a security “ MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling BTC as the only commodity in the crypto sector. In an interview with Altcoin Daily, Saylor was questioned on his take regarding the classification…
” US dominates crypto ATMs installations and BTC hash rate worldwide “ Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preserving the Bitcoin (BTC) and crypto ecosystem. With China moving out of the picture following a permaban on crypto,…
” Crypto, like railways, Part 2: Blockchain as the new internet planner “ In my latest article “Crypto, like railways, is among the world’s top innovations of the millennium,” I compare the blockchain revolution to the railway boom. If we apply this analogy further, what’s going to happen next? Stuart Hylton in his book What…
” Not all investments lose value equally: A recovery period for digital assets “ When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to…