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It’s been another seven days of declines and choppy price action for the cryptocurrency market, which ended up losing around $50 billion of its total capitalization. Bitcoin closed its worst…
The cryptocurrency market has entered a period of a prolonged drawdown. Over the past few days alone, the total capitalization has shed slightly less than $90 billion. This came on…
Despite spiking to a multi-day high at almost $21,000, bitcoin dumped just as quickly and finished the violent Q2 below $20,000. The altcoins experienced similar volatility, but some are well…
The government of El Salvador purchased 80 BTC amid the cryptocurrency market crash. The country spent over $1.5 million to acquire the assets. El Salvador made the headlines last year,…
Analysts at Deutsche Bank – Marion Laboure and Galina Pozdnyakova – argued that the cryptocurrency market is “highly fragmented,” and its decline could continue in the near future. However, they…
With bitcoin continuing to experience adverse price movements and dumping below $20,000 for the second time in June, the asset is on the brink of registering its worst-performing quarter in…
On Thursday, investment company Jacobi Asset Management announced it would launch a Bitcoin Exchange-Traded Fund (ETF) on the Euronext Amsterdam Exchange in July. Jacobi to Launch Europe’s First Bitcoin ETF…
On June 29, the U.S. securities regulator rejected the proposal by Grayscale to list a spot Bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. According to the SEC, the…
Brian Brooks – CEO of the crypto mining firm Bitfury Group – believes the value of a certain digital asset is driven by the development of its network. As such,…
Mark Newton – technical strategist at the investment insights firm Fundstrat – is not convinced that Bitcoin has reached its bottom. He claims there is a significant chance of a…