Bookmarking Crypto Insights
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The worst month and quarter since 2011 for Bitcoin come as Michael J. Burry warns U.S. stocks are only halfway done with their declines. Go to Source Powered by WPeMatico
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. Go to Source Powered by WPeMatico
This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weeded’ out all of the people” that were not supposed to be in the space in the first … Read more
“The defendants misappropriated, either directly or indirectly, all of the Bitcoin they accepted from the pool participants,” said the CFTC. Go to Source Powered by WPeMatico
Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. Go to Source Powered by WPeMatico
After a sharp rebound last week, Bitcoin and Ethereum again suffer significant bearish momentum as BTC and ETH prices dip to yearly lows at $19k and $1k, respectively. The bear market is in full effect for crypto and traditional markets. Tech stocks are having their worst year yet, with major stocks like Apple Inc (AAPL) … Read more
The idea that panic selling is driving BTC price losses appears less watertight on the back of the latest data. Go to Source Powered by WPeMatico
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the … Read more
More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe. Go to Source Powered by WPeMatico
Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows. Go to Source Powered by WPeMatico