On Wednesday, we recapped how Tesla’s bitcoin acceptance and Coinbase’s direct listing helped send bitcoin’s price to a new all-time high near $65,000, which turned out, in hindsight, to be the market peak. Today, we’ll show how some traders and investors began to cash out in April and May as concerns mounted over U.S. capital gains taxes, bitcoin’s environmental footprint and … [Read more...] about Bitcoin Crashes as FUD Sets In
FUD
Total crypto market cap back above $2 trillion, FUD now a distant memory
The total crypto market cap edged above $2 trillion yesterday, making a 12 week high in the process. This comes as the market leader, Bitcoin, targets $50,000, a level not seen since the FUD kicked off just before the summer season.That period was fraught with concern over the return of “crypto winter.” But strong performances over the past few weeks have set aside those … [Read more...] about Total crypto market cap back above $2 trillion, FUD now a distant memory
Finance Redefined: Fundamentals, not FUD! May 12-19
Synthetix launches THREE new tokens, and multiple projects tweak their tokenomics in this week's Finance Redefined. Source link … [Read more...] about Finance Redefined: Fundamentals, not FUD! May 12-19
A 4chan ‘insider’ predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout
An anonymous user apparently not only predicted yesterday’s massive sell-off on the crypto market but also claimed that it was an organized China-related campaign aimed at a single “stakeholder”—half a day before the trading carnage actually began. Of course, the following should be taken with a giant grain of salt.“Can’t tell you guys what firm I work for, but it’s MASSIVE and … [Read more...] about A 4chan ‘insider’ predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout
The ‘China crypto FUD’ is back again, but it’s misleading
Three industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement. Additionally, the institutions would not be allowed to offer to save, trust or pledging services, … [Read more...] about The ‘China crypto FUD’ is back again, but it’s misleading