
Mati Greenspan says the next phase of the bull run will be “all about” Bitcoin and that AI-based memecoins are a massive gamble.
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Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year.
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Another Bitcoin break above $70,000 will be a significant signal for traders but until it happens, analysis is “pretty futile,” according to Mati Greenspan.
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“Predicting a stock crash is a lot like predicting an earthquake. You know one will happen every so often but you can never tell exactly when or how severe it will be,” said Mati Greenspan.
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The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
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Bitcoin maxis went to town on Greenspan after he called it a ‘crypto conference’.
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Quantum Economics founder Mati Greenspan has sounded the alarm over the damage the SEC’s case against LBRY could do to crypto.
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Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually.
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Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend.
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“There is a distinct possibility that we may see some days of 250% gains, or even more.”
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