This Bitcoin Dip Was Not Caused by FUD
While there was plenty of FUD flying around, it wasn’t the real reason prices pulled back so significantly.
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.
There appears to be strong support around $30,000, according to traders.
President Biden needs to reform the global financial system and avoid a 1930s-style depression. Digital currencies can help.
"One thing is clear: this is a serious project now, and we need to start taking decentralization seriously," said Wladimir van der Laan.
No coins were added to the bitcoin supply, as some headlines might lead you to believe.
Should anyone in an open source community have to bear the legal brunt of a seemingly senseless lawsuit?
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.