Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth.
A bizarre correlation has been discovered in on-chain Bitcoin network data that directly matches up with the cryptocurrency market “fear and greed” index. Here’s why this find is so striking and and what information investors, traders, and analysts can glean from the data.
A church spokesperson said it was also unlikely the church would release its own digital currency.
On February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto asset’s tumultuous rise capturing over a trillion-dollar market valuation. Molyneux’s recent speech describes the liberating potential bitcoin could bring to the masses and how the crypto network has the ability to change humanity for the better.
Treasury Secretary Janet Yellen again criticized Bitcoin for high energy use and illicit activity.
While these fundamentals are incredibly promising for bitcoin’s long-term prospects, there are a number of indicators likely weighing on the current uptrend. This does not mean the price will necessarily fall, but they are signs that a cooling-off period is overdue.
Following a benefactor's advice, the Massachusetts-based NPO opened an account capable of receiving crypto funds.
The CEO of FalconX cites the inflationary hedge, geopolitical risk, and the mechanics of 24/7 as the reasons behind the recent institutional interest in Bitcoin.
A fundamental shift in technicals suggests that bulls should treat $48,000 like the new $35,000, says Glassnode.
The investment advice firm has made its first cryptocurrency investment.
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