On Monday (June 14), the Bitcoin price broke above the $40,000 level for the first time since May 27 after legendary billionaire macro investor Paul Tudor Jones II (aka “PTJ”) said in an interview that he likes Bitcoin as a portfolio diversifier. PTJ, who is the Founder and the Chief Investment Officer (CIO) of asset management firm Tudor Investment […]
An anonymous user apparently not only predicted yesterday’s massive sell-off on the crypto market but also claimed that it was an organized China-related campaign aimed at a single “stakeholder”—half a day before the trading carnage actually began. Of course, the following should be taken with a giant grain of salt.
Bitcoin plunged roughly 12 percent on Thursday, breaking below critical support levels to target $30,000 for a potential pullback. The sell-off occurred despite a positive risk-on sentiment across the traditional markets. That prompted analysts to blame a flurry of fundamentals, ranging from the US Treasury Secretary Janet Yellen’s remarks on Bitcoin’s use for illicit purposes […]
A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that...