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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Vitalik Buterin Does Not Believe Crypto Could Replace Traditional Currencies
Ethereum’s Co-Founder Vitalik Buterin thinks digital assets do not have a chance to steal the supremacy of traditional currencies. Crypto Will Not ‘Take Over the World’ The global economy has…
Over $200 Million in Liquidations as Bitcoin Dipped Towards $20K Again (Market Watch)
The crypto markets saw another downturn as bitcoin dipped to just over $20,000 for the second time in the past few days. Most altcoins have also retraced on a daily…
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…
Undestand Bitcoin Now to Prosper in the Future, Says the CAR’s President
Faustin-Archange Touadéra – President of the Central African Republic (CAR) – urged people to understand bitcoin’s “disruptive power to bring long-term prosperity.” In his view, the primary cryptocurrency could serve…
After Massive Volatility, BTC Bounced Off $20K, Altcoins Recover Double-Digits (Market Watch)
The past 24 hours brought more price fluctuations to the cryptocurrency market, especially after the US Federal Reserve announced the highest interest rate hike since 1994. Nevertheless, bitcoin managed to…
Now it’s a Great Time to Buy Bitcoin, Says Michael Saylor
Michael Saylor – CEO and founder of the largest corporate BTC holder MicroStrategy – reiterated his bullish stance on the company’s bitcoin strategy and, once again, shook off the rumor…
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 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…
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