Bitcoin Boom Pulls in Flood of New Investors Despite Macro Uncertainty
Against a backdrop of macro uncertainty, the past month has seen a stellar run of form for Bitcoin. But the number one cryptocurrency by market cap topped out last Friday at $16k, having gained 45% since the start of last month. Source: BTCUSDT on TradingView.com What’s more, with the Bitcoin price tantalizingly close to its […]
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The Indian cryptocurrency industry is experiencing massive growth. New traders are flooding crypto exchanges, executives from four of the largest crypto trading platforms in India exclusively told news.Bitcoin.com. They also share their views on what drives the Indian crypto market, current traders’ sentiment, and institutional interest in crypto in India. Massive Growth of New Crypto Traders, Volumes Cryptocurrency exchanges in India are seeing record numbers of new users signing up on their platforms, accompanied by huge surges in trading volumes. At Unocoin, one of the oldest....
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards which will allow institutional investors to get into the asset class. O’Leary Predicts Soaring Institutional Demand for Bitcoin After Miners Solve ESG Issues Kevin O’Leary has reiterated his concerns about bitcoin’s sustainability and the importance of the cryptocurrency meeting....
In the first few months of 2022 macro uncertainty has been felt in the crypto and traditional markets as economic, regulatory, and political scenarios unfold. Historically, investors see gold as a reliable safe-haven asset they can run to when stocks and bonds decline. It is not surprising for gold prices to have seen a 19-month high as the U.S. and UK decided to ban Russian energy products. It seems that now investors are not only attracted to the metal, but to gold-backed tokens as well. What Crypto Can Expect From Macro Uncertainty The macro uncertainty has only increased in 2022,....
Uniswap’s UNI token, like many other digital assets residing within the DeFi sector, has seen an intense selloff throughout the past couple of months, with its post-launch highs of $8.50 marking a macro top that is now over 4x above where it is currently trading. The recent decline has come about as some large holders […]
We received the following message from Aaron (Bitangels) and we think is something really worth to share! If you have, please consider donations for the victims of the flood! Here is the original message: Hi fellow Bitcoiners, you might have heard about the terrible flood desaster that is happening in Serbia. So I am setting up this spontaneous campaign and hope that many people can donate some Bitcoins to show that we care and help. Please donate to this address: 1Ajx88sxaQFE7D2TtEZggUafrZPjLoYDFa All donations will be converted by Bitstamp (Slovenia) into Euros, which will be transferred....