There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins ...
Tag: Bitcoins
Bitcoin’s ‘Black Monday’ and everything about the final decline
Bitcoin, the largest cryptocurrency is displaying a few positive signs above the $20,000 support. At press time, BTC showcased a 5% surge as it traded around the $21k mark. Although, the risk is still...
Bitcoin’s S2F model ‘deserves all the mockery,’ claims Ethereum’s Buterin
Although it started off with significant levels of success, PlanB’s stock-to-flow model has been a failure. In fact, it has become the subject of mockery by industry titans such as Vitalik Buterin. Et...
Pro: Bitcoin’s rally could continue with a short squeeze
Bitcoin’s recovery since the crash to lows of $17,600 has seen it climb above $20,000. The rebound comes as stocks also see some sustained upside following a recent rout, with the S&P 500 and Nasd...
Bitcoin’s Price Falls Below Cost of Production – Trustnodes
Bitcoin miners are now operating at a loss for the first time since 2019 as bitcoin’s price falls below its cost of production. It currently costs an estimated $24,000 to mine a bitcoin, while its glo...
Ad spending by big crypto firms plunged 90% after Bitcoin’s all-time high
Following the crypto market meltdown in 2022, most companies in the space are now cutting down their marketing spending after splashing millions on different advertisement deals. The overall spending...
Why the crypto market crash may play in Bitcoin’s favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will lead to regulat...
Key levels to watch for Bitcoin’s bullish continuation; Here’s what to expect next
After Bitcoin (BTC) plunged below the crucial $20,000 level, the market is focused on the cryptocurrency’s next price movement, with bears and bulls playing a key role. The general market consensus i...
Peter Schiff Says Bitcoin’s Current Price Bump Is A Bull Trap As Nothing Drop In Straight Line
– Advertisement – Anti-Crypto And Gold Proponent Peter Schiff Says Bitcoin’s Current Price Bump Is A Bull Trap. Peter Schiff thinks Bitcoin is in a bull trap and the bear market is still...
What to know about Bitcoin’s pricing model and whether BTC will be ‘part of it’
Popular anti-crypto proponent Peter Schiff is once again making headlines following his latest prediction. The Euro Pacific Capital Inc. CEO recently claimed that he expects the future of the crypto-i...
Paul Krugman Says Bitcoin’s Modest Rally Is “Dead Cat Bounce”
Alex Dovbnya Bitcoin has seen a modest rally, but Paul Krugman claims that it’s a dead cat bounce While the Bitcoin community is excited over the flagship cryptocurrency’s partial recovery, Nobe...
Bitcoin’s nosedive through the $20,000 mark is a Minsky Moment for crypto: ‘Psychologically for a lot of people, this is galling’
Is bitcoin BTCUSD, +4.03% facing a breaking point? That’s what some investors, acolytes and otherwise, might be contemplating, as the cryptocurrency’s descent accelerates over the weekend. The world’s...
Bitcoin’s street cred in the face of a bear market has been pretty…
The crypto bears have been in full swing recently without any respite. All major cryptocurrencies are resting in red with the stablecoin massacre now raining over MIM [Magic Internet Money]. UST has v...
Bitcoin’s Drop Below Average Mining Cost Could be Disruptive for Market: Here’s Why
Arman Shirinyan Bitcoin mining profitability drops further every day as asset becomes fully unprofitable Contents Selling pressure from miners decreases Bitcoin mining may face drop in popularity Acco...
Bitcoin’s Price Falls Below $20,000
The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating. Bitcoin fell as low as $18,739.5...
Bitcoin’s Crash Opens Up Regulatory Possibilities
Bitcoin is trading more than 65% below its peak. And after all of these cultural and technological changes, it still did crash. One part of the world is moving aggressively toward cryptocurrencies and...
Peter Brandt Again Takes On Coinbase Warns Users Of Their Bitcoins
– Advertisement – Brandt has continued to be brash at Coinbase after the exchange said it will treat its customers as unsecured creditors. Peter Brandt, a veteran futures trader, has once ...
SBF Clears the Air on Bitcoin’s Potential for Payments
FTX CEO Sam Bankman-Fried (SBF) issued another statement on Thursday regarding his opinion on Bitcoin’s scaling potential. He believes the network itself is not designed to handle massive volumes, but...
“Bitcoin’s Correlation With The S&P 500 Reached” ATH, Opportunity Knocks
This counterintuitive thinking by ARK Investment is the reason why we subscribe to their “The Bitcoin Monthly” report. While everybody complains about bitcoin’s dance in unison with the stock market,...
Celsius Down By Over 85% This Year Following Bitcoin’s Crash ⋆ ZyCrypto
Advertisement     According to Protos, crypto lending platform Celsius has just 12% left of the Assets under Management (AuM) it declared in 2021. Celsius CEO had stat...
Bitcoin’s decline is bad for the S&P 500, says Mobius Capital co-founder; Here’s why
In the midst of the recent carnage on the cryptocurrency market, which has seen a decline of all of its major assets, including Bitcoin (BTC), the founder of asset management firm Mobius Capital Partn...
Bitcoin’s Lightning Network Is the Answer to DeFi’s Fragile Market Says Michael Saylor
The decentralized finance (DeFi) market has never been in a bad state than now with two big protocols – Terra and Celcius – facing major crises within a month’s time. Some analysts told Bloomberg that...
Bitcoin’s crashing — here’s why Warren Buffett has hated it all along
Bitcoin’s crashing — here’s why Warren Buffett has hated it all along The past 7 months have been bumpy for Bitcoin — and now it’s crashing hard. After hitting an all-time peak of $6...
Bitcoin’s revisit to this area would be a good shorting opportunity
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] dropped to a low of $20.8k in the hours preceding p...
Market Liquidations Cross $1.22 Billion Following Bitcoin’s Decline Below $23,000
Crypto market liquidations have not slowed down since bitcoin’s crash had dragged the rest of the market down with it. Now that the digital asset has crashed below $23,000, the liquidations have quick...
Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cr...
Bitcoin’s price lost 16% of its value on Monday
Bitcoin Analysis Bitcoin’s price closed its daily candle at its lowest level since December 16th, 2020 on Monday. When traders settled up to close Monday’s session BTC’s price was down nearly 16% and...
Despite everything, Bitcoin’s [BTC] pricing model has something else to say
Bitcoin has finally broken out of the tight range where it was stuck for the better part of May. However, it exited the range courtesy of a strong bearish performance in the second week of June. Bitco...
Bitcoin’s Drop to $22,584 Might Result in Additional $444 Million in Liquidations; Here’s Why
As reported by Chinese journalist Colin Wu, an address (0x87A67e7dC32fdc79853D780c6f516312b4A503B5), which was suspected to belong to Celsius, borrowed 278 million DAI in the Maker protocol by staking...
Bitcoin: lowest close since December 2020 on Sunday
Bitcoin Analysis Bitcoin’s price painted a red daily candle on Sunday and it was its lowest daily candle close since December 27th, 2020. BTC’s price concluded its daily session on Sunday -$1,755. T...