The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number.
Related Posts
Australia Declares War On Crypto ATMs As Crime Explodes
Australia is stepping up action against cryptocurrency ATMs after a sharp rise in scams and other illicit uses, according to AUSTRAC and law enforcement reports. Machines that let people turn cash into crypto have grown fast, and regulators say the surge has put older and vulnerable users at particular risk. Related Reading: Japan Declares War […]
ETH DATs have a problem: Ether’s crash below $3K vaporized a year’s worth of gains
Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters.
Traders eye Bitcoin’s bull-bear ‘tug-of-war’ to plan their next move
Nic Puckrin, an analyst at The Coin Bureau, said Bitcoin is being “pulled in different directions by conflicting news” as it heads into the weekend.