
Taleb Warns of Bitcoin’s “Inexorable Decay” Amid Plunging Volumes
Author Nassim Taleb predicted Bitcoin’s demise amid declining trading volumes, arguing the top crypto will succumb to “inexorable decay” rather than a sudden crash.
Author Nassim Taleb predicted Bitcoin’s demise amid declining trading volumes, arguing the top crypto will succumb to “inexorable decay” rather than a sudden crash.
Bitcoin dipped below $26,000 on Monday as technical analysis and overall bearish sentiment suggest further declines ahead in the absence of positive catalysts, even while some large investors accumulate on dips.
Robinhood’s sizable Bitcoin stash may empower retail traders but also poses potential market instability.
Former Chinese government official, Xiao Yi, has been sentenced to life in prison for operating a fraudulent $329 million Bitcoin mining enterprise.
A solo Bitcoin miner struck it rich by solving a block and securing the full 6.25 BTC reward, worth around $160,000.
Despite waning hype and media reports of fading interest, data shows Bitcoin Ordinals remain highly popular, accounting for over 75% of recent Bitcoin network activity and transaction volume through continued high levels of inscription and token minting.
Former President Trump contends poor US policies are eroding the dollar’s status as the global reserve currency and suggests Bitcoin could emerge as a replacement if the dollar’s decline continues.
Bitcoin at risk of increased volatility and declines to $20K according to technical analysis.
Bitcoin fell to its lowest price since mid-June, attributed to investors’ frustration over the SEC’s delayed approval of a spot ETF.
The SEC stalled progress on crypto regulation this week while the Federal Reserve hinted at a potential softening stance through new stablecoin guidance.