This Expert Claims Crypto Winter Is Not Over But There’s A Catch
The ongoing crypto bear market seems like an unending journey, with more firms coming down with financial crises due to asset devaluations and other effects. Although some assets have seen brief rallies, many remain in decline. Regarding the crypto bear effects, Kathleen Breitman, CEO of Tezos, a blockchain platform, shared her opinion. Breitman thinks the end of the crypto winter is not near yet, but she is confident about the survival of a few useful crypto applications. Related Reading: Bitcoin Shocker: Lightning Network Capacity Reaches 5,000 BTC Reasons For Price Devaluations The....
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Bitcoin adoption metrics across the board “look awful”, claims a BTC fundamental expert on Twitter. BTC Adoption Metrics Seem To Be Down A BTC fundamental expert on Twitter claims that Bitcoin adoption metrics “look awful”, citing a few charts highlighting the important trends. There are three relevant graphs here that the expert has pointed out, […]
XRP price is back trading at right around a dollar per token, but according to a rare bottoming pattern spotted by a legendary technical trader on the Bitcoin trading pair, the surge is only just getting started. However, there’s a catch. When it comes to this particular chart pattern and crypto – the same trader […]
Following Switzerland’s announcement at the Sibos 2023 conference in Toronto about live transactions with a CBDC (Central Bank Digital Currency) taking place by the end of the year, the XRP community is currently shrouded in a web of claims, counter-claims, and expert explanations. A community member, known by the handle @Rohitku24694375, delivered a striking assertion […]
According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it makes its way back above its 2017 all-time high levels. The cryptocurrency trades at $21,900 with a 1% profit in the last 24 hours. Bitcoin At 2013 Valuation Levels, Most Underpriced In Years Via Twitter, Timmer wrote about the Crypto Winter and....
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies.
UBS Expects Crypto Winter That Could Last Years
Switzerland’s largest bank, UBS, has warned of a crypto winter where prices crash and may not recover for years. The bank’s analysts, led by James Malcolm, recently explained in a note to clients several reasons why cryptocurrency may lose its attractiveness to investors this year.
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