What are some experts saying about the rise and fall of FTX, which at one point was one of the largest and most popular digital currency exchanges in the world? FTX Has Crashed and Burned Craig Erlam – senior market analyst at Oanda – recently formed the following opinion about all the drama surrounding the crypto trading platform: For a long time, bitcoin has aligned itself with broader risk appetite in the markets, but it goes without saying that Tuesday was not one of those days....
Read More »Analysts Discuss the Recent Bitcoin “Steadiness”
The world of crypto has experienced something of a steady period. While many of the world’s leading digital assets are nowhere near the highs they achieved in the final months of 2021, it’s good to see that bitcoin, for example – after hitting $19,000 and $20,000 – is flirting with the $22K mark, and other leading assets like Ethereum are beginning to follow suit and hovering at the $1,100 level. What Is Going on with Bitcoin? Stephane Ouellette – CFA and founder of FRNT...
Read More »Has the Doomsday Bitcoin Clock Begun to Tick?
At the time of writing, bitcoin has experienced a major hit. The currency – which during the early weeks of January reached a new all-time high of more than $40,000 per unit – is presently trading for just over $30,000. This is a slight improvement over where it stood during the early morning hours, but it’s still quite a dip considering where it was trading on or around January 8.Bitcoin Just Keeps FallingAs a result, many analysts are expressing worry that 2021 will exhibit the same bearish...
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