Is The Bitcoin Dream Fading? Glassnode Data Reveals Newbies Facing Steep Losses
Since its inception, Bitcoin, the preeminent cryptocurrency, has witnessed several market cycles, each with its highs and lows. Its volatile nature has
Read MoreSince its inception, Bitcoin, the preeminent cryptocurrency, has witnessed several market cycles, each with its highs and lows. Its volatile nature has
Read MoreMizuho says this indicates potential fatigue among retail customers, and in contrast to previous cycles, fear-of-missing-out no longer “entices investors to trade bitcoin when prices rise,” as it did in prior years. “This could prove problematic for COIN, as it generates around 95% of its transaction revenue from retail trades,”
Read MoreAvalanche (AVAX) has found itself ensnared within a critical price zone, grappling with a lackluster trading volume that has hindered its price
Read MoreTwo weeks after the upgrade, the options market is assigning a slightly more negative sentiment to ether. Source
Read MoreFewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted new risks of keeping
Read MoreAmong a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention. The shock of the TerraUSD
Read MoreApeCoin, one of the fastest rising coins in the crypto space, was one of the cryptocurrencies that was heavily impacted by the crypto disaster that rocked the market in May. Although the coin’s price showed robust performance in these turbulent market conditions, its market cap was affected. The coin now
Read MoreBitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash. February and March showed signs of recovery, especially after the
Read MoreBitcoin was trading near $37,700 at press time, representing a 1.8% gain on the day, and the futures tied to the S&P 500 were down 0.3%. The cryptocurrency fell to a 20-day low of $36,250, and stock futures were down 1% during Asian trading hours on fears that a war
Read MoreBitcoin has “a lot of similarities” with gold, and consumer fears of the cryptocurrency being stolen are fading, according to a new report from a unit of the bond-rating and investment-index firm Standard & Poor’s.“Concerns of bitcoin theft were rampant a few years ago,” Jim Wiederhold, associate director for commodities
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