Auto Added by WPeMatico

The Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

The bloodbath that brought BTC down from $21,000 to below $18,000 during the weekend has resulted in the largest USD-denominated realized loss for bitcoin investors. Interestingly, long-term holders were among…

Continue ReadingThe Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

Bitcoin Price Analysis: BTC Recovers to $20K, Was Local Bottom Confirmed?

Bitcoin’s price is currently testing the 2017 all-time high range between $17K and $20K and is constantly shadowing lower prices, indicating excess pressure from sellers. Yesterday BTC recorded a new…

Continue ReadingBitcoin Price Analysis: BTC Recovers to $20K, Was Local Bottom Confirmed?

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…

Continue ReadingCelsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

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…

Continue ReadingIndustry Experts Remain Unfazed by 70% Crypto Market Crash

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…

Continue ReadingDespite the Crash, Billionaire David Rubenstein Thinks People Will Not Abandon Crypto