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Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics.

Continue ReadingBitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”

Continue ReadingCanaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits