Bitcoin rate collapse below $20 000 and the “darkest” phase of the bear market. Main events of the week

Jun 18, 2022

Bitcoin rate collapse below $20 000 and the “darkest” phase of the bear market. Main events of the week

Top industry news and in-depth analysis of digital assets in GetBlock Magazine's weekly review

Bitcoin rate fell below $20 000 for the first time since December 2020

Jun 18, 2022

Bitcoin rate fell below $20 000 for the first time since December 2020

The price of the first cryptocurrency dropped by 9,56% in 24 hours

Bitcoin hashrate dropped by 10% in 5 days

Jun 18, 2022

Bitcoin hashrate dropped by 10% in 5 days

As of June 18, the figure smoothed by a seven-day simple moving average is 209 EH/s

Blockstream CEO called the condition for the bitcoin rate to rise to $100 000 in 2022

Jun 18, 2022

Blockstream CEO called the condition for the bitcoin rate to rise to $100 000 in 2022

Adam Back believes that the price of the first cryptocurrency could rise if the SEC approves Grayscale’s bitcoin ETF application

Galaxy Digital CEO called the conditions for crypto market recovery

Jun 17, 2022

Galaxy Digital CEO called the conditions for crypto market recovery

Mike Novogratz thinks big hedge funds working with traditional finance will start buying bitcoins after the Fed policy loosens

Crypto market fear and greed index fell to lowest since the beginning of the COVID-19 pandemic

Jun 17, 2022

Crypto market fear and greed index fell to lowest since the beginning of the COVID-19 pandemic

This may have been influenced by the prevailing bearish trend, as well as the decline in the rate of the first cryptocurrency

DoubleLine Capital CEO allowed the possibility of the bitcoin rate to fall to $10 000

Jun 16, 2022

DoubleLine Capital CEO allowed the possibility of the bitcoin rate to fall to $10 000

Jeffrey Gundlach considers a decline in the asset price to be natural because the bulls failed to provide support at the $30 000 level

CFTC Commissioner compared crypto market crash to 2008 financial crisis

Jun 16, 2022

CFTC Commissioner compared crypto market crash to 2008 financial crisis

Christy Goldsmith Romero called on the US Congress to close the gap in the regulation of digital assets

Nassim Taleb called bitcoin a “gold mine for lawyers”

Jun 16, 2022

Nassim Taleb called bitcoin a “gold mine for lawyers”

According to the economist, uncertainty in the regulation of digital assets creates a favorable ground for civil lawsuits