Arthur Hayes: Bitcoin Will Continue to Fall
BitMEX former CEO Arthur Hayes has said that forced liquidations of positions in the near future will put further pressure on the price of Bitcoin.
BitMEX former CEO Arthur Hayes has said that forced liquidations of positions in the near future will put further pressure on the price of Bitcoin.
The number of search queries about the death of Bitcoin has returned to its maximum levels amid the recent collapse in the price the asset.
Mining firm Marathon Digital Holdings will continue to accumulate BTC reserves despite the current price drop.
Crypto exchange Binance has announced it has resumed withdrawals on the Bitcoin network.
The hashrate of the Bitcoin network reached a new all-time high at around 231 EH/s on June 11.
Jan Van Eck, CEO of Asset Manager VanEck, has predicted in an interview with Barrons that the price of Bitcoin will hit $250,000.
Michael Saylor has said that the short-term volatility of Bitcoin doesn’t matter if there is an understanding of the fundamentals of the leading cryptocurrency.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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