Auto Added by WPeMatico

Despite the Crash, Billionaire David Rubenstein Thinks People Will Not Abandon Crypto

David Rubenstein – an American billionaire and Co-Founder of The Carlyle Group – believes crypto’s decline is a normal event since all markets have been down recently. He predicted that…

Continue ReadingDespite the Crash, Billionaire David Rubenstein Thinks People Will Not Abandon Crypto

Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike

It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted…

Continue ReadingBitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike

Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its…

Continue ReadingBitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

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…

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

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…

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

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…

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

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…

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