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'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
Bitcoin buyers may get a chance to "load up" below $22,000 on the back of employment statistics.
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.”
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Think again” over U.S. recession
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it erased gains from earlier in the day to center on $23,000 support.
The pair reacted negatively to U.S. unemployment data for January, which beat expectations so considerably that overall jobless figures fell to their lowest since 1969.
Non-farm payrolls (NFP) data likewise outperformed, while average hourly earnings conformed to forecast 0.3% growth.
“HUGE beat in NFP,” popular analytics account Tedtalksmacro responded on Twitter.
Russia's Sberbank plans to launch DeFi platform on Ethereum
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said.
Bitcoin’s big month: Did US institutions prevail over Asian retail traders?
There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though?
5 biggest economic bubbles in history
Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value.
Australia introduces classification for crypto assets
The national regulators propose to distinguish four major types of products related to the crypto industry.
Core Scientific to hand over 27K rigs to pay $38M debt
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines.
Binance re-enters South Korea with GOPAX exchange
With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed's rate hike and market commentary fades.
Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin (BTC) headed toward $23,000 on Feb. 3 after a night of losses erased bulls’ latest progress.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar rebound halts crypto party
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $23,329 on Bitstamp.
The pair had come off a second trip above the $24,000 mark at the Feb. 2 Wall Street open, with buyers failing to sustain momentum amid macro market volatility.
In classic style for interest rate announcements by the United States Federal Reserve, an initial move was soon countered, with Bitcoin returning to its prior position.
U.S. dollar index (DXY) 1-hour candle chart. Source: TradingViewConditions worsened thanks to a rebound in U.S. dollar strength, with the U.S. dollar index (DXY) putting in a conspicuous bounce, which it began to consolidate on the day.
Ray Dalio says Bitcoin is not the answer, the community responds
The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin.
Marathon’s first Bitcoin sale in 2 years not the result of distress
The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn't as a result of distress.
Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.
Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.
Logan Paul and CryptoZoo sued in class action lawsuit
The plaintiff, known as Don Holland, has filed a lawsuit against CryptoZoo and Logan Paul, alleging his "fraudulent venture" executed a "rug pull."
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
The crypto bank hasn't been accused of wrong doing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went.