Why the Bitcoin Crash Below $500?
The Bitcoin price has been in decline for almost 10 months. The protracted decline had crashed in stages, accompanied by various news events and pivoting around the $500 price level and crossing over it several times during the past year. Analysis below discusses the reasons for the decline, as well as the factors that are popularly believed to have caused the successive price crashes. Future scenarios are considered, including Bitcoin price forecasts. Blame It On China. Consensus has it that warnings and restrictions issued by authorities in China, on 5 December 2013, had caused (or....
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The recent crash of the UST stablecoin had rocked the market to its core. This depegging was credited for most of the market crash and the incredibly low momentum that has trailed most digital assets in the space since then. Most other stablecoins, although challenged, had been able to maintain their peg. That is, all […]
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First-Ever Space Crash Game on Bitcoin.com Games
Crash gambling is a type of casino gaming genre that includes a pretty simple and fun-to-play mechanic. It is relatively new and is oftentimes found to capture the imagination of modern-age gamers that like to multiply their thrill with insane money multipliers. Crash games have found a niche spot among Bitcoin gaming enthusiasts as it closely resembles the nature of cryptocurrency charts and the thumb-rule of ‘getting out at the....
On-chain data shows Bitcoin netflows have increasingly become negative since the crash, meaning investors have been buying the dip. Bitcoin Netflows Becoming More Negative Since The Crash As pointed out by an analyst in a CryptoQuant post, BTC netflows have started to turn more negative since the crash a few days back. The “all exchanges […]
The Terra UST crash is no longer news to those in the space. However, the cause of the crash remains a largely speculated issue. Out of the speculations that have been making the rounds, the most popular has been the scandalous accusation that named the likes of BlackRock, Citadel, and crypto exchange Gemini. The Charles […]
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash.
Robert Kiyosaki Predicts a Crash Is Coming
Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again warned of an impending crash, followed by a depression. He expects several markets, including bitcoin, to crash.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon....