Summary: John Bollinger has suggested that Bitcoin tagging the lower Bollinger Band on the monthly chart would be a logical place to put in a BTC bottom. However, he warned that Bitcoin is yet to tag...
Summary: Tether’s CTO, Paolo Ardoino, has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According to Mr. Ardoino, the attack involves a new wave of FUD, trolling, clowns, and more. Mr....
Summary: EU legislators are estimated to finalize regulations on proof-of-mining crypto activities and unhosted wallets by the end of June. Such regulation will have enormous implications for the crypto industry in Europe and globally. The crypto...
Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out...
Summary: Bitcoin miners needing to sell could weigh down on the price of BTC for some time. According to analysts from JP Morgan, miners offloading Bitcoin to cover costs could continue into the third quarter of...
Summary: MicroStrategy (MSTR) stock value has undergone an 87% correction from its February 2021 highs of $1,350. However, Wall Street analysts still believe it is a buy with a potential to rise to $950 from current...
Summary: MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship. Mr. Saylor also pointed out that Bitcoin will...
Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve all the mockery they get. Mr....
Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce its workforce by a staggering 20% to 30% as it removes overlapping functions and build smaller...
Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin went on to drop to the local low of $17,600 due to the selling pressure that...
Key takeaways: Sam Bankman-Fried’s Alameda Research has lent Voyager digital 200 million USDC and 15k Bitcoin. The digital assets are meant to safeguard Voyager Digital’s customers’ assets during the current crypto market volatility. The term sheet...
Key takeaways: El Salvador’s President Nayib Bukele has advised crypto traders to stop looking at the Bitcoin chart and enjoy life. President Bukele also reassured Bitcoin holders that their investment is safe and its value will...