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Jamie Dimon – Chief Executive Officer of JPMorgan Chase & Co. – reiterated his negative stance on the crypto industry, describing bitcoin and other digital assets as “decentralized Ponzi schemes.”…
The price of bitcoin was rejected at $20,000 and slumped to $18,000 following the latest interest rate hike by the US Federal Reserve. The altcoins experienced similar volatility, but most…
The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more…
The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization…
Bitcoin continues to test the $18.5K support level as the bulls lack the strength necessary to move the price up. Investors have been seeking safer options amidst fears of stagflation.…
Yesterday’s 6% recovery from bitcoin was somewhat short-lived, as the asset has returned below $19,000 as of now. Most alternative coins are in a similar state, with minor daily losses.…
The largest BTC corporate holder – MicroStrategy – has stayed true to its word by making another bitcoin purchase earlier today. The firm accumulated 301 coins at an average price…
After several days of free falls, bitcoin finally turned the situation around, gaining 6% in a day and reclaiming $19,000. The altcoins are also well in the green today, with…
Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.”…
Nicholas Merten – a veteran cryptocurrency analyst and founder of DataDash – has called for Bitcoin to sink to $14,000 following its plunge below $19,000 over the weekend. The analyst…