Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap
The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which…
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Industry Experts Remain Unfazed by 70% Crypto Market Crash
Over the past seven days, crypto markets have plunged a whopping 24%, shedding $320 billion from total market capitalization. That figure, which encompasses all cryptocurrencies, fell to an 18-month low…
Bond King Jeffrey Gundlach Thinks BTC Could Sink to $10K
The American businessman and Founder of DoubleLine Capital LP – Jeffrey Gundlach – said that the current condition of the cryptocurrency market is “clearly not positive.” Keeping this negative trend…
Despite the Crash, Billionaire David Rubenstein Thinks People Will Not Abandon Crypto
David Rubenstein – an American billionaire and Co-Founder of The Carlyle Group – believes crypto’s decline is a normal event since all markets have been down recently. He predicted that…
Bitcoin May Be Cheaper Than it Looks, says Fidelity
Jurrien Timmer – the Director of Global Macro at Fidelity – recently claimed that Bitcoin may be “cheaper than it looks.” An analysis of certain on-chain data metrics suggests that…
Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike
It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted…
Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash
Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its…
Bitcoin Price Analysis: If $20K Breaks, This is The Next Level BTC is Likely Headed
Bitcoin’s price has been in a free-fall during the past few days after it broke below the $30K support level. It’s now found close to the critical point at $20K,…
Bitcoin Price May Soon Plunge to $13K: Explains Peter Brandt
Peter Brandt – a veteran derivatives trader – believes that Bitcoin’s price is likely to keep plunging. Meanwhile, the cryptocurrency seems to be at a tipping point, trading slightly above…
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…
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