Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report

Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report

It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties. In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case?The past few months have seen Bitcoin hitting high-water marks including all-time high long-term holder rates and local highs in hash rate difficulty adjustment — yet Bitcoin is still in bearish conditions as we head into Q4 of 2022. Not all areas of the blockchain industry can boast such signals of strength,....


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Payment Industry Doesn’t Have to Worry About Bitcoin: Citigroup

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