Breaking: Bitcoin Reclaims $70K, Eyes Best Day in Years
Bitcoin has just stormed back above the $70,000 psychological threshold, according to data provided by the Bitstamp exchange. It has managed to reach an intraday high of $70,224. On Thursday, a cascade of institutional selling drove the price vertically down. Bitcoin pierced support levels to…
Shiba Inu at $0.000005: Historic Low Reached, Where to From Here?
Shiba Inu fell to a never-before-seen-low of $0.00000507 in the intraday session on Friday. The last time Shiba Inu traded near this level was in September 2021, when it reached $0.00000510.The broader crypto market extended its sell-off on Friday, with several cryptocurrencies, including Shiba Inu…
Krugman Says This Bitcoin Crash Is Different. Is This Bottom Signal?
Nobel Prize-winning economist Paul Krugman argues that the current crypto crash differs from previous cycles due to a crisis of faith after the previous rally was driven mostly by politics. The "libertarian ideology" that historically supported Bitcoin’s floor doesn't apply now that the asset…