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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
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark … Read more
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Go to Source Powered by WPeMatico
Derivatives data for Bitcoin weekly options suggests bears may have the upper hand in tomorrow’s $930 million expiry. Go to Source Powered by WPeMatico