Economist Peter Schiff Warns Bitcoin May Not Rise When Other Financial Assets Rebound

Gold bug and economist Peter Schiff has warned that the price of bitcoin may not rise when other financial assets rebound, even though the crypto fell alongside them. “The bitcoin bubble popped and collectors will be selling no matter what happens to financial assets,” he predicted. Peter Schiff’s Bitcoin Outlook Economist and gold bug Peter …

US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX

A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod Brown Suggests Banning Crypto U.S. Senator Sherrod Brown (D-Ohio), the chairman of the Senate …

Five Advantages of Crypto Gambling Over Fiat Casinos

With its many advantages over traditional fiat casinos, crypto gambling is becoming an increasingly popular choice for online gaming. In this post, we will discuss five major benefits of crypto gambling over traditional fiat casinos, including faster and cheaper transactions, increased privacy, more security, global accessibility, and innovative features. In the meantime, if you want …

Bitcoin Price Signals Rejection and Poised To Start Another Decline

Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the 100 hourly simple moving average. There is a rising channel forming with resistance near $17,000 on …

Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF

Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust  (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t Act Independent Of Investors The Wall Street Journal released a letter by Grayscale CEO Michael Sonnenshein …

Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum?

Despite the market downturn, Shiba Inu (SHIB) is still seeing growth in terms of its holder base. The meme coin maintains its position as one of the most popular cryptocurrencies as its total holder count has now crossed 1.26 million. 10,000 New Shiba Inu Holders Added In a time when cryptocurrencies across the space are …

Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?

The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts.  The fractal pattern developed following the most recent pullback, and appears to have a similar structure to a …

Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come

Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of those gains wiped out. Despite this, it had been able to maintain above a critical …

Celsius amasses 30 potential bidders for its assets, withdrawal motion approved

Bankrupt crypto lender Celsius Network has attracted 30 potential bidders over its various assets including its retail platform and mining business. According to a company presentation filed on Dec. 20, more than 125 parties were contacted since September, with 30 potential bidders executing non-disclosure agreements — a legal contract used to protect sensitive information about …

Okcoin CEO Names Three Catalysts for Next Crypto and Bitcoin (BTC) Bull Run

The chief executive of San Francisco-based crypto exchange Okcoin is identifying three catalysts that could spark the next crypto market bull run. In a new interview with Kitco News, Okcoin CEO Hong Fang says that the rising need for sound currency systems, caused by the failures of current centralized monetary systems, could ignite the next …

Bloomberg Analyst Predicts Ethereum (ETH) Outperforms Bitcoin (BTC) Once Risk Assets Reverse

Bloomberg’s lead commodity strategist Mike McGlone says that Ethereum (ETH) is gearing up to outperform Bitcoin (BTC). The closely followed analyst says that despite rough waters for nearly all risk assets, Ethereum’s performance against Bitcoin (ETH/BTC) remains in a strong uptrend on the back of mainstream adoption. “Bitcoin crosses series; Ethereum may a be top …

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