Buffett and Munger Are Wrong About Crypto, Kevin O’Leary Says
The host of the TV show Shark Tank – Kevin O’Leary – outlined a bright future for blockchain technology and bitcoin, saying the ongoing crypto winter is just a “flip.”…
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Bitcoin Eyes $21K, Ethereum Skyrockets 11% as Another Shadow Fork Went Live (Market Watch)
Following the recent volatility, bitcoin went on a run-up and jumped above $20,000. The altcoins have also turned green today, led by Ethereum’s massive double-digit surge. Bitcoin Targets $21K After…
Bitcoin’s Correlation With Stocks Nears Yearly Low
Bitcoin has slowly begun to decouple from equities, now nearing its lowest correlation with the stock market in 2022. A 40-day correlation coefficient between Bitcoin and the Nasdaq 100 index…
Why Does Bitcoin Go Crazy Whenever CPI Numbers Are Published?
If you haven’t noticed by now, Bitcoin’s price is going through some serious short-term volatility on the day that the CPI numbers hit. This is not without a good reason.…
JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price
Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production…
After Extreme Volatility Bitcoin Returned to $20K, Uniswap Spikes 11% (Market Watch)
Bitcoin’s price went through major turmoil yesterday as the numbers for the Consumer Price Index in the US got released. The cryptocurrency increased above $20,000 initially and then plunged below…
US SEC Postpones Decision on Ark Invest’s Bitcoin ETF Application (Report)
ARK Investment Management – a company spearheaded by fund manager Cathie Wood – will reportedly have to wait longer than expected to hear the US SEC’s decision on whether it…
After Losing $20K, is $15,000 the Next Target for BTC Bears? (Bitcoin Price Analysis)
There are no signs of strength or rebound in Bitcoin’s price while the cryptocurrency has been experiencing choppy price action with low overall volatility (with certain exceptions). The price is…
Massive Bitcoin Volatility as US Inflation Clocks in at 9.1% for June
The US inflation numbers are in for June, and they continue going up. With this, BTC’s price is also experiencing enhanced volatility as the numbers clock in. Data from the…
Over $200 Million Liquidated on Bitcoin Turbulence as CPI for June at 9.1%
The number of liquidated traders and the value of liquidations skyrocketed to over $200 million on a daily scale as BTC, and the entire crypto market experienced enhanced volatility following…
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