Wild ride lower for BTC? 5 things to know in Bitcoin this week

Bitcoin (BTC) still starts a new week in holiday mode as United States financial markets are on lockdown for Independence Day. The largest cryptocurrency, stuck below the increasingly disheartening $20,000 level, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, Hodler finds himself range-bound … Read more

This week on crypto twitter: Bitcoin whales buy the dip, Nic Carter defends an investment, SBF is filmed as Atlas – Decrypt

Illustration by Mitchell Preffer for Decrypt Bitcoin has been struggling to stay above $20,000 for three weeks and this week was no exception– the world’s most popular cryptocurrency hovered just above $19,000 as of this writing. Many bitcoin maximalists didn’t seem overly concerned. And others bought the dip. CEO of MicroStrategy and whale-sized bitcoin HODLer … Read more

Amid a predictable spate of obituaries, Bitcoin bulls should write off the rest of 2022 along with the first half of 2023 and pin their hopes on the next halving event

Sections of the financial media continue to somberly write bitcoin obituaries as the world’s leading cryptocurrency undergoes a painful but typical correction process. In fact, according to the 99bitcoins tally, the cryptocurrency has been declared dead 459 times since its inception. Source: https://99bitcoins.com/bitcoin-obituaries/ In stark contrast to these somber pronouncements, the Bitcoin ecosystem is actually … Read more

Celebrities Delete Their Crypto Connections As Crypto Mania Turns Into Crisis

Some say it started with Lillie Langtree. The British actress and socialite known as “The Jersey Lily” is credited with being the first celebrity to endorse a product when she became the face of Pears Soap in 1882. At the beginning… Others say it dates back to the 1760s when Josiah Wedgewood, a British entrepreneur, … Read more

Celebrities Delete Their Crypto Connections As Crypto Mania Turns Into Crisis

Some say it started with Lillie Langtree. The British actress and socialite known as “The Jersey Lily” is credited with being the first celebrity to endorse a product when she became the face of Pears Soap in 1882. At the beginning… Others say it dates back to the 1760s when Josiah Wedgewood, a British entrepreneur, … Read more

Bitcoin Family says they lost $1 million on their investment this year but sold a lot at the top

“Bitcoin Family” opens a Bitcoin beach bar in Lagos, Portugal Didi Taihuttu The “Bitcoin family” has lost more than $1 million in its Bitcoin investments since the world’s most popular digital coin peaked at around $69,000 in November 2021 – but patriarch Didi Taihuttu is as optimistic as ever ever. “I buy bitcoin every day,” … Read more

I thought this bitcoin cycle was different

This is an opinion editorial by Cory Tucek, CEO of Movies Plus and host of the Bitcoin Made Simple Podcast. To all the rabble who came before me, listening to your tireless explanations and warnings has saved me from some terrible mistakes. Many Thanks. “As a bitcoin newbie, I thought this time was different.” — … Read more

FTX and other crypto firms are abandoning sports trades as the market crashes

Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 – but this year’s downturn has drained the flow of money, The Post has learned. As a so-called “crypto winter” rolls in and companies try to cut costs, companies that spent big bucks on sporting goods stores over the past year are now trying … Read more

FTX and other crypto firms are abandoning sports trades as the market crashes

Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 – but this year’s downturn has drained the flow of money, The Post has learned. As a so-called “crypto winter” rolls in and companies try to cut costs, companies that spent big bucks on sporting goods stores over the past year are now trying … Read more