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Ross Gerber, a renowned Tesla investor and Co-founder of Gerber Kawasaki Wealth and Investment Management, has identified the primary reason Bitcoin (BTC) fell below $70,000. The CEO has attributed the decline in the leading cryptocurrency and the broader market to the rise of scam tokens and shit coins in the space. The Truth Behind Bitcoin’s … Read more
Ethereum (ETH) has declined noticeably over the past week, with price data from CoinMarketCap reporting a net 14% decline within this period. At the time of the most recent data, ETH is trading around $2,000, significantly lower than the past week’s level near $2,500. ETH Funding Rates Signal A Bullish Turn In a QuickTake post … Read more
Binance added another $300 million worth of Bitcoin to its emergency reserves on Monday, continuing its experiment with a Bitcoin-backed protection fund as markets remain under pressure. Binance bought another 4,225 Bitcoin (BTC) worth $300 million for its Secure Asset Fund for Users (SAFU) wallet, which holds its emergency reserves, according to blockchain data platform … Read more
Strategy bought another 1,142 bitcoin for about $90 million, extending its long-running accumulation campaign even as the company’s massive treasury remains underwater on paper. The purchase was disclosed Monday in an 8-K filing with the U.S. Securities and Exchange Commission. Strategy said it acquired the coins between Feb. 2 and Feb. 8 at an average … Read more
