Robert Kiyosaki Stands With His Crypto Crash Forecast
Robert Kiyosaki has reiterated his forecast of a financial collapse, warning investors to prepare for the worst. The cryptocurrency market is attempting to make a comeback as sentiments shift toward increasing greed. Even more significantly, the price of Bitcoin reached the $60,000 barrier as a result of Fed Cut signals. Because of this, the total […]
Animoca Brands’ Valuation Drops 75% In Two Years
Animoca Brands’ valuation fell 75% in two years due to the NFT market downturn, but the company continued to grow with a Lamborghini partnership. Crypto conglomerate Animoca Brands has experienced a dramatic decline in its valuation, dropping over 75% in the past two years, as reported recently. The company’s secondary shares are currently valued at just $1.5 […]
Bitcoin Whale Transactions Hit Peak Levels Amid Crypto Dip
During a huge drop in the cryptocurrency market on August 5 and 6, onchain data shows that the number of Bitcoin whale transactions reached its biggest since April. As Bitcoin fell below $50,000 on “Crypto Black Monday,” Santiment found that wallets holding 10 to 1,000 BTC “rapidly accumulated.” On August 8, Santiment, an on-chain analytics […]
More BitMEX Exchange Outflows Can Rally Bitcoin Bulls
Analysts noted that despite the rebound, BitMEX exchange outflows are the second largest, with observers attributing this to market sentiments. Experts in the cryptocurrency sector have viewed recent outflows from BitMEX as a bull sign for Bitcoin and other digital assets. The exchange saw significant asset transfers on July 5 and 6, which many have […]
South Korea’s Crypto Crackdown To Delay Global Market Recovery
As South Korean regulators limit crypto trading and pressure exchanges to monitor unusual activities, crypto market recovery may be delayed. The South Korean regulatory crackdown on cryptocurrency has put major pressure on crypto trading and exchanges, increasing traders’ uncertainties. However, the action comes as South Korean officials work to improve regulations under the new digital […]