Tags : FUD

Market

First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros

Bitcoin (BTC) appeared to stabilize above $31,000 after Thursday’s plunge, the biggest since March.  “A break of $30,000 could have been bad news but it managed to turn things round,” Craig Erlam, senior market analyst for the London-based foreign-exchange brokerage Oanda, told clients early Friday in an email. “We may see a small rebound now, […]Read More

Bitcoin

Double Spend FUD Crashes Bitcoin Below $30,000; Return of Bear

Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword “Double Spend”—as the flaw is called—reached a perfect score of 100. This escalated quickly! #FUD #Bitcoin pic.twitter.com/Nkx95vy4QF — Ciara Sun (@CiaraHuobi) January 22, 2021 According to BitMEX […]Read More