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crash

BTC in deep bear market, could crash by another 30%, investment firm says

BTC in deep bear market, could crash by another 30%, investment firm says

2 weeks ago by Crypto InsightsCrypto

Bitcoin BTC$68,027.17 is firmly in the deepest phase of the bear market and the pain may worsen, according to CK Zheng, founder of crypto investment firm ZX Squared Capital. “Bitcoin’s price is convincingly in deep bear market territory now. We expect a further 30% price… Read More

Bitcoin’s U.S. demand signal flickers back after crash

Bitcoin’s U.S. demand signal flickers back after crash

1 month ago by Crypto InsightsCrypto

Bitcoin’s BTC$69.680,85 sharp rebound from last week’s plunge toward $60,000 has been accompanied by a subtle but important shift in one closely watched indicator of U.S. demand. The Coinbase Bitcoin Premium Index — which tracks the price gap between bitcoin traded on Coinbase and the… Read More

Ether’s crash leaves $686 million gaping hole in trading firm’s book

Ether’s crash leaves $686 million gaping hole in trading firm’s book

1 month ago by Crypto InsightsCrypto

An ether ETH$2,026.32 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent… Read More

Strategy (MSTR) acquired 855 bitcoin ahead of last week’s market crash

Strategy (MSTR) acquired 855 bitcoin ahead of last week’s market crash

2 months ago by Crypto InsightsCrypto

Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More

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