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Showing posts with the label #bitcoin

WILL CRYPTO BOUNCE BACK ANYTIME SOON?

  Will Crypto bounce back? In the past two months, cryptocurrency markets have been subject to significant pricing changes. From its all-time high of $3 trillion in November 2021, the total value of the global cryptocurrency market cap has since fallen to its current level of $949 billion as of today. The cryptocurrency markets have been hit hard by a big sell-off as a result of weak global cues amid rising inflation and interest rate hikes. Investors and traders are already speculating about whether or not the cryptocurrency markets will have a recovery this year. There are a number of points of view held by professionals in the crypto business about this topic. A number of industry professionals are of the opinion that cryptocurrency markets will recover from the recent sell-off within the next few months; however, some are of the opinion that investors will continue to be wary in the immediate future. There is a growing relationship between cryptocurrency and the financ...

CRYPTOCURRENCY BLOODBATH CONSPIRACY REVISITED

  Is the cryptocurrency crash being manipulated on purpose? As every cryptocurrency holder knows, the world of cryptocurrency is on fire, literally. Most notably, the big boys of crypto, Bitcoin and Etherium, have been on a downward spiral in what has been a bloody past couple of weeks. But the timing of this crypto blood bath is very interesting. Fed Chair Powell just announced that the US government would be looking at its own cryptocurrency to help stabilize the economy. "Our own fed now service will be coming online in 2023." Fed Chairman Powell. In May, Cardona developer Chris Hoskinson posted a message on Twitter alleging the cause of the LUNA and Stablecoin UST price drops. The message soon deleted but accused Blackrock and Citadel of manipulating the crash. Rumored has it Blackrock and Citadel borrowed 100,000 BTC from Gemini to purchase UST with 25,000 BTC just to short the stable coin. The claims have since been denied. But skepticism remains as the c...