‘More brutal than expected’ — Lyn Alden on ETH/BTC post-election low
Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election. Go to Source
Lyn Alden
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Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over
Bitcoin’s major sell-offs are over and now analysts see the US election and global liquidity as the next big drivers for Bitcoin. Go to Source
Nvidia faces ‘near zero chance’ of beating Bitcoin this decade again — Crypto execs
Technology company Nvidia outperformed Bitcoin over the past decade, but cryptocurrency executives see slim chances of a repeat. Go to Source
Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden
A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar could have an impact on Bitcoin, says investment strategist Lyn Alden. Go to Source
Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor. Go to Source Powered by WPeMatico
Bitcoin price hits $25K in new 2023 high
Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023. Go to Source Powered by WPeMatico
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin’s huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Go to Source Powered by WPeMatico
US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport
Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin. Go to Source Powered by WPeMatico
While Elon Musk Plans to Purge 1.5 Billion Inactive Twitter Names, Bitcoiners Beg Him to Preserve Hal Finney’s Account
On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged in for years. However, after Musk announced this plan, a great number of cryptocurrency proponents … Read more
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover. … Read more
