Recently, Alex Mashinsky, Co-founder, Chairman, and CEO of lending platform Celsius Network, shared some of his latest thoughts on Bitcoin and Ethereum. Speaking in a recent interview with Kitco News, Mashinsky was asked about the recent Bitcoin price crash, which brought BTC to $33K, roughly half of its last all-time high price in November 2021. Mashinsky argued […]

Bitcoin's price is up above $40K following a massive surge in just a few hours. The correlation with global markets is also put to the test.

Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender. Bukele, in a Twitter post on Monday, predicted that Bitcoin will ultimately see a “gigantic price increase” due to its limited supply of only 21 million digital […]

Shiba Inu is the latest meme coin that seeks to jump into the Metaverse sphere. The canine-based token, which rubs shoulders with Dogecoin, announced the launch of its ‘Shiberse’ in 2022. Shiberse will become the first release for the year 2022 and signify one more step in the ever-growing ecosystem. The lead to the release

The post Shiba Inu (SHIB) Unfazed By Bitcoin Crash, Set To Launch Its Metaverse – ‘Shiberse’ appeared first on CoinGape.

The world of digital assets can be incredibly volatile, with the recent Bitcoin crash following its all-time high only two ...

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Eric Adams, the recently sworn-in Democrat Mayor of New York City, has no regrets accepting his first Bitcoin paycheck despite the fact that the crypto market recently got hammered. NYC Mayor Unfazed By Bitcoin Crash The double-digit sell-off of the crypto market on Friday saw bitcoin, the world’s largest cryptocurrency by market cap, establish an […]

Bitcoin’s price crash has set many investors panicking as they perhaps question their investment strategies and the health of their portfolios. For his part, investment analyst Anthony Pompliano claimed that though Bitcoin’s price performance might look worrying, Bitcoin miners and Bitcoiners “do not care.” However, this is quite a reductive analysis, as the situation is […]

The last 48 hours have seen unprecedented happening in the world of cryptocurrencies. According to Larry Cermak, VP of Research at Theblockresearch.com, the interest in futures exchanges has tanked dangerously by 20% in the last two days – from $18 billion to about $14.4 billion. The two exchanges which have seen the most severe carnage

The post Binance And FTX Worst Hit Exchanges As Losses Climb Almost Two Billion Combined appeared first on CoinGape.

In their latest report, crypto analytics firm Glassnode says that Bitcoin’s recent market meltdown was driven by a cascade of overleveraged traders getting liquidated, and that newer market entrants bore the brunt of the pain. The firm takes a look at the behavior of both long-term holders (LTHs) and shot-term holders (LTHs) during the market […]

The post Glassnode Looks at causes for Recent Bitcoin Crash appeared first on Coin Bureau.