Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
Prices: Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital.
Insights: The crypto industry is spending less than other industries on lobbying. That may need to change.
Early morning gains for the crypto were quickly erased in Thursday afternoon trading.
The Bitcoin Defense Legal Fund’s chief legal officer spoke out against an “extraordinarily dangerous” lawsuit initiated by Craig Wright, a person who claims to be Bitcoin creator Satoshi Nakamoto.
Crypto policy-making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets.
The current Bitcoin price is only just under one standard deviation above its average daily closing price over the past 200 days. Is now a good time to buy?
Based on BlockchainSanta’s analysis, Litecoin might be due for a potential 200% upside might in the days leading up to the halving. This expectation is based on LTC’s historic performance during previous halvings.
Paul Tudor Jones likes bitcoin because of its fixed maximum supply.
The legendary hedge fund manager – Paul Tudor Jones III – said he will always keep a “small” exposure to bitcoin since it is “the only thing that humans can’t adjust the supply in.”
Bitcoin (BTC) has recently experienced a brief drop below its crucial support level but has quickly rebounded to the current price of $27,300. This has resulted in the return of Call buyers, who are hoping that the level will hold and push the price upward. This has resulted in a fast-paced market, with Gamma Call buyers focusing on May 18-26th $28,000-$29,000 Calls and $28,000-$30,000 Call spreads, resulting in a net profit of $2,500, according to a recent analysis by Deribit Insight.
Since its implosion and subsequent hard fork by LUNA, Terra Luna Classic (LUNC) has struggled to gain momentum in the cryptocurrency market, with its value declining. Now, industry experts suggest AI could help LUNC recover and attain its full potential. By leveraging advanced machine learning algorithms, Avorak AI could help solve some of the challenges like improving transaction speed, token burning mechanism, and reducing fees.
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