The crypto market saw losses across the board on Wednesday as bitcoin (BTC) once again dipped below the USD 20,000 mark, and some analysts pointed to a risk of further downside. On Wednesday at 10:30 UTC, BTC stood at USD 20,123, down by 4% for the past 24 hours and by 3% for the past…
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Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______ As bitcoin (BTC) sunk below the USD 20,000 mark, the panicking voices filled with eschatological fervor seemed to come from around the community. The same USD 20,000 mark that five years ago looked like a pinnacle of cryptocurrency success is now a…
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A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022. The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one…
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Bitcoin (BTC) is “a lifeboat,” says Michael Saylor, while Binance’s Changpeng Zhao (CZ) warns that BTC could still stay below its all-time high for two years, and an adjunct professor of law calls the reports about Bitcoin’s death “exaggerated.” Among the experts who have spoken out about Bitcoin in recent days is Michael Saylor,…
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As the crypto market has entered “a state of fear,” and “nobody can say” whether the bottom is already behind us, major crypto lender Nexo (NEXO) is eyeing possibilities to acquire troubled companies, according to its co-founders…. Read More: Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear’ Read more »Pay,…
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The crypto market reversed lower again on Wednesday, after some optimism earlier in the week that the bottom could be behind us. According to analysts, the outlook for crypto is now highly uncertain, with some warning that prices could fall based on historical precedence, and others pointing to risks from the broader economy…. Read…
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The Bitcoin (BTC) stock-to-flow (S2F) model created by the pseudonymous analyst PlanB is once again facing scrutiny in the crypto community, after failing completely in its price prediction so far this year…. Read More: Bitcoin Stock-to-Flow Model and Its Proponents Under Fire Again as Failure Becomes Obvious Read more »Pay, Trade, Buy Bitcoin with…
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As Bitcoin (BTC) and the broader crypto market are trying to recover after diving below crucial levels this past weekend, analysts are digging into data, trying to identify the next steps in the market. “The selloff over the weekend can be considered to have plunged profitability and investors into a historically meaningful degree of financial…
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Although the liquidity situation in financial markets will remain “brutal” for the next 6 to 12 months, the “planting season” for asset allocators is now, before central banks bring their droplets of liquidity, the former BitMEX CEO, Arthur Hayes, wrote in a new essay…. Read More: Next 6-12 Months to be ‘Brutal’, but Ivestment…
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The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994…. Read More: Bitcoin, Ethereum Struggle a Day After…
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