Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K
A metric tracking long-term holders suggests that investors have continued to accumulate the asset despite a recent fall in prices. Source
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Unfazed
Miners Remain Unfazed by Crypto Sell-Off, Expect More M&A
In a relatively young industry with rising competition, expansion is one of the keys for miners to remain profitable. However, with limited access to capital, M&A will likely become more pronounced among cash-strapped miners to fund their growth or production goals. And miners that have orders for new machines but
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El Salvador Unfazed by Bitcoin’s Recent Price Drop – Blockchain News, Opinion, TV and Jobs
The price of Bitcoin went down sharply on Tuesday, plunging 19% from $52,956 to $42,900 yesterday, undoing the gains it made recently and wiping out more than $180 billion in market value. El Salvador, the country that officially adopted bitcoin as legal tender yesterday, appeared unfazed by the dip, and
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Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2
Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million. The figure provides a stark contrast to the firm’s first-quarter report that booked $860 million in comprehensive net profit earlier this year. Galaxy Digital posted its financial results as of June 30 on Monday,
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Bitcoin Technicals Overheated, But Bullish Fundamentals Remain Unfazed
Bitcoin price is currently reeling due to a series of rejections above $60,000. After such a powerful impulse upward, technicals are severely overheated and beginning to turn down. But regardless of any technical-driven selloff that might result, such continued bullish fundamentals in the leading cryptocurrency by market cap could keep prices
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Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets
Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk's alleged impact on Dogecoin's price moves have been circulating on social media over the past day — a phenomenon that one Twitterer has quipped is "peak 2021." I hope they do! It would
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Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High
The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week. Source
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Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable
Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady.Prominent U.S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam. The official accounts of former
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Chainlink (LINK) Nears $5 All-Time High Unfazed by Bitcoin Price Slump
Chainlink’s (LINK) 27.48% gain over the past four days shows that the altcoin continues to function as an outlier when compared against the recent performance of other cryptocurrencies. This strong recovery from the swing low at $3.30 to $4.79 has LINK now approaching its previous all-time high at $4.86. Crypto
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‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop
Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests.According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate refers to the amount of
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