Bitcoin News

Last week Bitcoin and the wider crypto market experienced a significant down trend and this week might not be so different.

Arthur Hayes has issued a new newsletter, advising investors to “buy the dip” and hold onto Bitcoin, arguing it’s the best way to safeguard wealth in uncertain times.

Recent declines in the crypto market have sparked discussions among traders about the impact of government sell-offs on the price of Bitcoin.

At a pivotal moment for the cryptocurrency world, FTX, the exchange that collapsed in November 2022 under the leadership of the convicted Sam Bankman-Freed, is about to pay out a whopping $16 billion to its customers.

BitMEX made headlines by transferring over $800 million worth of Bitcoin (BTC) in two significant transactions amidst market volatility.

As the US presidential election nears, crypto traders and analysts speculate a Donald Trump victory could significantly boost Bitcoin, per the Financial Times.

Jason Pizzino, a prominent crypto strategist, anticipates Bitcoin (BTC) is currently consolidating in preparation for a significant rally by the year’s end.