“Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them?
The “Bitcoin Family” have been in the headlines ever since they put everything that they had into bitcoin back in 2016. By then, the digital asset was only trading at around $900, and the family had become bitcoin millionaires with the most recent run-up. However, like everyone else, the Bitcoin Family has been hit hard […]
Related News
Popular non-fungible token (NFT) marketplace OpenSea announced changes to its crime reporting policy. Via their Twitter account, the team behind the platform addressed the issues with their old stolen items policy and why it was “damaging” users’ trust in the marketplace. Related Reading: “Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them? […]
Didi Taihuttu Spoke About His Family's Geographically Distributed Bitcoin In Cold Storage. The Famous “Bitcoin Family” Sold Their House, And Liquidated Their Assets In 2017 To Buy More Bitcoin.
Rejoice! The bear market might be over. That’s the main thesis behind July’s “The Bitcoin Monthly” report. “Because bitcoin’s price did not rise parabolically during the 2021 bull market, its bear market correction could be over,” ARK reasons. And it makes sense, the numbers seem to suggest it, and it feels like it. However, are we fooling ourselves? Is ARK’s reasoning wishful thinking? Let’s examine the data and see what it tells us. First of all, “bitcoin closed the month of July up 16.6%, rising from $19,965 to $23,325, its most significant gain since October 2021.” So far, so good. Can....
Crashing from an all-time high at around $69,000, Bitcoin has lost over 70% of its value since November 2021. New data reveals that BTC’s price might have entered one of its worst bear markets since its inception, as the cryptocurrency loses critical levels and remains trading in the red on high timeframes. Related Reading: Celsius […]
The NFT market has taken a good hit during the latest iteration of the crypto market bear run. But not all collections have lost favor in the eyes of investors, though. Notable collections such as CryptoPunks and Bored Ape Yacht Club continue to maintain their high floor prices. Even during the bear market, where the […]