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Bitcoin Option Traders Now Betting on Short-Term Price Drop

With bitcoin looking heavy this week, short-term sentiment in the options market has flipped bearish. Disclosure: The author holds no cryptocurrency assets at the time of writing. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX

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DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”

In an interview with Cryptox, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on the opportunity to redefine money and finance offered amid

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“Rocket Fuel” Catalysts Can Boost Bitcoin in Short-Term, Analysts Say

Bitcoin plunged on Tuesday, dropping by $157, to circa $8,757. But there could be profits as more traders view the benchmark cryptocurrency as safety against ultralow interest rates, according to popular market analyst Ivan Liljeqvist.The Stockholm-based blockchain influencer said the central banks are blowing the global economy unsustainably via artificial money printing

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