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‘Who was selling? Not HODLers’ — New data hints at Bitcoin crash ‘culprit’ amid leverage wipe-out
A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020.
Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.
Cardano’s Founder Thinks Many Other Nations Will Follow El Salvador’s Crypto Adoption
El Salvador officially became the very first country in the world to formally recognize Bitcoin as a legal tender, essentially making it illegal for anyone to refuse to accept BTC…
Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered
Experts agree that a $100,000 price tag for Bitcoin by the end of the year would also exponentially boost Ether’s price.
$330 Billion Wiped Off the Total Market Cap on Bitcoin’s Worst Day Since May (Market Watch)
Bitcoin’s Day, as it was touted by many, turned into the bloodiest day since May 19th. Right as El Salvador became the very first country in the world to formally…
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner…
Despite Bitcoin price crash, BTC is the internet of value transfer: Novogratz
Retail investors had good reasons to overextend in the crypto market, says billionaire Bitcoin bull Mike Novogratz.
Bitcoin’s $10K Daily Plunge Was Mainly Futures Market-Driven (Analysis)
Today was a strange day for Bitcoin. For the first time in its history, a country (El Salvador) adopted it as legal tender, bitcoiners organized a campaign to buy BTC…
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas…
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