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Terra’s collapse caused some long-term bitcoin investors to take losses, but many hodlers took advantage of the price drop below $30,000 to build positions. These are the conclusions made by Glassnode analysts.
Bitcoin remains an asset that inspires confidence in “this uncertain world” and is free from government and institutional interference. This was stated by Michael Saylor, president of MicroStrategy, in an interview with
05/29/2022 Alex Kondratyuk #CME Group#Bitcoin#futures Open Interest (OI) for Bitcoin futures on a regulated exchange CME It gradually stabilizes after a long fall. This is proven by CFTC data. The chart below
Weak on-chain metrics and the prevalence of fears in the derivatives market are hampering bitcoin’s recovery after a wave of price declines since late March. These are the conclusions made by Glassnode
The instability in the cryptocurrency market continues to affect bitcoin (BTC). This weekend, currency fell lower 30 thousand dollars againand what after the collision with 20% drop in last 14 days. In
The appeal of Bitcoin and other cryptocurrencies is that they “succeed as a speculative asset.” This was stated by Ben Bernanke, the former head of the US Federal Reserve System (FRS). “I
UPDATE – After the publication of this article, LUNA (Terra) traded again with some brokers. — In accordance with deciphera Binanceglobal cryptocurrency exchange, suspended negotiations on Earth (LUNA) and gives TerraUSD stablecoin
The bitcoin exchange rate has dropped 10% to its fair price for 17 months with a new minimum. According to a report by Glassnode analysts, this happened against the background of the
FTX CEO Sam Bankman-Fried has questioned Bitcoin’s ability to become a popular payment system due to the inefficiency and high environmental costs of blockchain. This is reported by the Financial Times. The
New York-based radio network and media company Townsquare Media has invested $5 million in Bitcoin, according to filings with the U.S. Securities and Exchange Commission. The firm purchased BTC in the first
