Weekend Watch: LUNA Dumps 8%, Bitcoin Struggling at $36K
After yesterday’s massacre, bitcoin slipped slightly more and dropped to another multi-month low. Most altcoins are in a similar position, with Terra losing the most value on a daily scale.…
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Ray Dalio: Bitcoin is Not a Good Competitor Against Gold
In a recent interview with the Economic Times, billionaire investor and founder of Bridgewater Associates, Ray Dalio, acknowledged the potential of digital assets, especially Bitcoin, emphasizing their impressive performance over…
Bitcoin Is Now Half Way From its Next Halving as Hashrate Marked ATH
Bitcoin has crossed the halfway line of its third halving, which the community sees as a bullish sign for its price since the issuing rate is reduced by 50%. Less…
Bitcoin Collapses to 10-Week Lows, Binance Backs Musk’s Twitter Deal With $500M: This Week’s Crypto Recap
Bitcoin’s price crashed to levels that we last saw on the day that Russia invaded Ukraine. Moreover, the entire market lost over $150 billion of its capitalization as the past…
Bitcoin Price Analysis: BTC Collapses 10% in a Day, Here’s The Next Critical Support
Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis…
Crypto Markets Shed $150B as Bitcoin Collapses to Lowest Point Since Russia’s Invasion (Market Watch)
After failing at $40,000 two days ago, bitcoin was violently rejected and dumped by over $4,000 in hours to its lowest price point in over two months. The alternative coins…
Sen Elizabeth Warren Concerned About Fidelity’s Bitcoin-401K Plan
Senator Elizabeth Warren, along with fellow Democrat Senator Tina Smith, has questioned Fidelity’s plan to allow investors to put bitcoin into their 401(k) retirement savings accounts, following similar concerns raised…
Luna Foundation Guard Purchased Another $1.5 Billion Worth of Bitcoin
Singapore-based Luna Foundation Guard (LFG) made yet another bitcoin purchase of $1.5 billion in Bitcoin for its UST stablecoin reserve. According to CNBC on Thursday (May 5, 2022), LFG raised…
After El Salvador, IMF Now Concerned of Bitcoin’s Adoption in the Central African Republic
After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move…
Bitcoin Crashes Below $37K to 2.5-Month Low: Over $100M Liquidated In One Hour
Bitcoin’s price took a nosedive on Thursday after stocks retraced gains made following yesterday’s Federal Open Markets Committee Meeting (FOMC). It fell to $36,520 – the cryptocurrency’s lowest price since…
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