Auto Added by WPeMatico

Bitcoin Retraces to $21K as Crypto Market Drops Below $1 Trillion (Market Watch)

Bitcoin’s nosedives continued in the past 24 hours, with the asset dropping to and below $21,000. The altcoins are also suffering, with Ethereum slumping by another $100 and more massive…

Continue ReadingBitcoin Retraces to $21K as Crypto Market Drops Below $1 Trillion (Market Watch)

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…

Continue Reading236K BTC Sold by Large Institutions Since Terra’s Implosion in May

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…

Continue ReadingElon Musk Selling or Buying Bitcoin Doesn’t Mean Much, Says Binance CEO