Are custodied crypto funds at risk? Industry veterans explain
Investments under custody are usually very safe, until the accountability of the custodian is called into question. Go to Source Powered by WPeMatico
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Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call. Go to Source Powered by WPeMatico
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline in value. However, because the … Read more
Veteran Trader Peter Brandt Gives Gen Zers Advice: ‘Contribute Monthly Savings to Bitcoin and Hold’
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know him best, know he’s been “bullish for years.” … Read more
Technical Analysis: Flow Climbs Close to 30% to Enter Top 50
Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board to start the weekend. Notable … Read more
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted 78 days so … Read more
Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000
Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s largest cryptocurrency hit an intraday high of $38,415.90 on … Read more
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low of $33,184.06 during yesterday’s session, was up close to 9% as of writing, … Read more
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week … Read more
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down … Read more