Bookmarking Crypto Insights
Auto Added by WPeMatico
The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s … Read more
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million. Go to Source
Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support. Go to Source
Bitcoin prices have seen flash crashes during each ghost month since 2017, and this year appears to be no different. Go to Source
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin transactions. Scammers typically target the elderly, claiming their accounts have been compromised and require verification. Victims … Read more
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump. Go to Source
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve, … Read more
Traders say Bitcoin presents the “best buying opportunity” after BTC’s price rebounds toward the $57,000 level. Go to Source
Valour is moving out of Europe to the green pastures of Africa by way of passporting. Go to Source
BTC price action has a habit of “filling” downside wicks within days or weeks, the Bitcoin daily chart shows. Go to Source