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Crypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch)

The adverse price movements in the crypto markets just don’t seem to stop as bitcoin took another leg down and is close to breaking below the $20,000 mark. Some altcoins…

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We Bought More Bitcoin and Ethereum During the Crash, Says Anthony Scaramucci

The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to remain disciplined amidst the ongoing crypto havoc. He compared the months-long selloff to the Internet bubble burst in…

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NYC Mayor Adams Will Urge Gov. Hochul to Veto Anti-Bitcoin Mining Bill (Report)

New York City Mayor Eric Adams has spoken against the bill that seeks to impose a two-year moratorium on bitcoin mining plants, which are not 100% run by renewal energy…

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If Bitcoin Breaks This Level, Expect Massive Sell-Off: Arthur Hayes

With fears of an inflationary wave sinking portfolios, investors are not only dumping bonds and trimming their equity positions but are also offloading crypto-assets. The current sentiment of pessimism is…

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El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister

The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…

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$1.25 Billion in Liquidations as Bitcoin Price Briefly Dips Below $21K

The cryptocurrency market downturn continues with no signs of slowing down. Bitcoin dipped below $21K, leaving around $1.24 billion in total liquidations over the past 24 hours. The bloodbath in…

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Despite Market Retracements, Stan Druckenmiller Still Prefers Bitcoin Over Gold

The American investor, hedge fund manager, and philanthropist – Stanley Druckenmiller – believes the US economy is heading towards recession “sometime in 2023.” Amid his projection of an “inflationary bull…

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