While investors are supposed to react positively to the news in the crypto space, the opposite is exactly what is being recorded.
Fidelity Chief Jurrien Timmer recently took to his Twitter page to share his thoughts on the value of Bitcoin.
Based on the current market condition, this sale is considered an outlier. However, this is not a record sale on the market.
MicroStrategy’s Michael Saylor asks Tesla’s Elon Musk to shore up on more Bitcoin on Twitter in response to Musk’s joke about buying Man Utd.
The SEC said in a February 28th filing that Kumbhani had possibly disappeared from India as his whereabouts were unknown.
With its bankruptcy proceedings well underway, Celsius Network’s customers are trying to point out what the green light at the end of the tunnel is.
The massive crash in the crypto market during the second quarter led to a huge selling pressure for miners in order to continue with their operations.
Bitcoin continues to face strong resistance at $24,900. Technical charts show it forming a double top which hints signs of moving downwards from here.
The Skybridge Capital founder mentioned the highly-anticipated Ethereum merge as a possible push for a crypto rebound.
Schiff added that the selloff in the crypto markets this year was a clear reflection of a massive “pump and dump”.
Despite severe headwinds in Q2 2022 such as the Bitcoin price crash, heat wave, and much more, the company reported better than expected $164 million in revenue.
The company said that the No.1 crypto is its clients’ primary subject of interest.
The world’s second-largest cryptocurrency Ethereum (ETH) has been on a strong move over the last month. In the last 30 days, ETH has gained more than 80% amid all the positive developments surrounding The Merge upgrade.
The billionaire investor also does not expect any mega bull runs in the crypto space this year due to the US Federal Reserve hiking interest rates.
Iris Energy expects to be operating at its full 80 megawatts capacity by the end of the year.