Max pain scenario intensifies as Bitcoin drops to $31K, altcoins sell-off
Bitcoin price and altcoins take a series of heavy hits as the weekend sell-off deepens. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin price and altcoins take a series of heavy hits as the weekend sell-off deepens. Go to Source Powered by WPeMatico
The value of Ethereum is down 54% from its recent peak. Its combined market cap is now $226 billion, less than half of its all-time high. Go to Source Powered by WPeMatico
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. Crypto Revolution Amid ‘Liquidation Event’ … Read more
Another round of FUD helped to push Bitcoin price back below $34,000, placing further pressure on altcoins which now trade below multi-month lows. Go to Source Powered by WPeMatico
Popular Bitcoin analyst Willy Woo noted a few signs and symptoms indicating the BTC bull run still has some juice left. Go to Source Powered by WPeMatico
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller Sees Bitcoin Correction as ‘Pretty Routine’ Veteran investor Bill … Read more
Institutional adoption is threatening Bitcoin’s revolutionary mission, says Ben Hunt, founder of Second Foundation Partners Go to Source Powered by WPeMatico
ProtonMail started accepting Bitcoin in 2017, and prefers to not sell its BTC to safeguard independence. Go to Source Powered by WPeMatico
Not everyone is bearish after Bitcoin price dropped from $40,000 to $30,000 and back up again. Go to Source Powered by WPeMatico
Despite being up 400,000% since June 2011, Bitcoin’s place in investment portfolios is still up for debate according to some investment banking analysts. Go to Source Powered by WPeMatico