Bitcoin heads for worst weekly drop since March amid sell-off

Bitcoin’s rally has hit a speed bump, placing it on course for its worst yearly slide in nearly annually amid wider reductions in danger assets. The most significant cryptocurrency slumped up to 23 percent this week, the maximum because the pandemic-fueled sell-off continue March. The broader Bloomberg Galaxy Crypto Index, monitoring bitcoin, ether along with […]

Musk talks down cryptocurrencies a week after boosting price of Bitcoin

Billionaire CEO Elon Musk has stated the amount of bitcoin along with ethereum looks high, in a time once the cryptocurrencies have hit record highs, together with bitcoin crossing the 1tn market-capitalisation threshold. The first executive of Tesla, whose current tweets have fuelled the digital-currency rally, also made the comment on Twitter about Saturday while […]

Millions of Aussies investing in cryptocurrency

Cryptocurrency is risky industry, according to authorities, but that is not stopping you in four Aussies investing at the electronic currency. That is around five thousand Aussies having a monetary interest in cryptocurrency, based on study from comparison site Finder. It found 13 percent of Australians currently exchange Bitcoin, while 6 percent hold Ethereum assets, […]

Minerd Says Institutional Demand Can’t Justify Bitcoin’s Price

Guggenheim’s Scott Minerd claims institutional investors aren’t sufficient to maintain Bitcoin costs over $30,000. ‘Today, the Truth of this systemic demand which could encourage a $35,000 cost or a $30,000 cost is Simply Not there,’ Minerd, the company’s chief investment officer, said in an interview with Bloomberg Televisionsaid’ I really don’t believe the investor base […]