MicroStrategy Selling Rumors Are FUD: CryptoQuant CEO
After an exuberant risk-on rise in Bitcoin’s price Tuesday, a retracement since Wednesday wiped out most of the gains. Traders blame Tesla’s Q2 earnings report. Bitcoin prices hovered around the…
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236K BTC Sold by Large Institutions Since Terra’s Implosion in May
In a recent Twitter thread, Arcane Research analyst Vetle Lunde revealed how many Bitcoin institutional investors had sold since Terra’s carnage kicked in, thus tanking the whole crypto market. In…
Elon Musk Selling or Buying Bitcoin Doesn’t Mean Much, Says Binance CEO
Binance CEO CZ Zhao does not think anyone selling or buying Bitcoin can fundamentally impact the asset – even including Tesla CEO Elon Musk. To demonstrate his faith in the…
It’s the Time to Buy El Salvadoran Bonds, Says Morgan Stanley
Morgan Stanley called El Salvador-issued Eurobonds at their current price levels a buying opportunity partly due to the recent crypto crash that has battered the value of the country’s bitcoin…
Weekend Watch: Ethereum Taps $1,600, Cardano Spikes 5%
The weekend comes with little-to-no substantial movements from the crypto market, with bitcoin sitting once again below $23,000. Most altcoins are also calm, with ADA being among the few exceptions…
Bitcoin Corrects Towards $22K But How Low Can it Go? (Bitcoin Price Analysis)
The $19K demand zone has served as a significant support level for Bitcoin’s price over the past few weeks resulting in a short-term rally towards the 50-day moving average at…
Ethereum Classic Soars 55% Weekly, Bitcoin Stalls at $23K (Weekend Watch)
After the highly volatile trading week, bitcoin has calmed as the weekend started and sits close to $23,000. Most altcoins are slightly in the red on a daily scale, with…
After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners
The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be…
Betting Big on Bitcoin Was a Short-Term Mistake, Admits Scaramucci
Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run, as he and his investment company suffered significant losses amid…
Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap
The past seven days were very eventful, and, fortunately, the week ended up in green. The total cryptocurrency market capitalization reclaimed the coveted $1 trillion level and is currently sitting…
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