Bitcoin bull Bill Miller remains bullish despite the recent crypto market correction

The crypto market correction sent the prices tumbling with Bitcoin (BTC) trading below $27,000 and Ethereum (ETH) dropping below $2,000 last week. However, long-time Bitcoin bull Bill Miller remains unfazed by the steep decline in prices and remains bullish on the cryptos potential.

Timeline of Bitcoin

After breaking down from a long-term structure, bitcoin (BTC) has managed to bounce at the $28,700 Fib support area. The post Bitcoin (BTC) Closes Its Seventh Successive Bearish Candlestick appeared first on BeInCrypto.

Cryptocurrencies began the week trading sideways but analysts expect further price weakness to come, with Bitcoin far from becoming a safe haven asset. Bitcoin hovered around the US$30,000 support level, having eased 0.8% lower to US$29,524, while its closest rival by market value, Ethereum, gave up 0.3% to US$2,023.

Crypto markets have stabilized after last week's bloodbath and on-chain asset movements may suggest that institutional investors are starting to load up on BTC again. The post Institutions May Be Accumulating Bitcoin After Major Exchange Movements appeared first on BeInCrypto.

Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation's President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).

El Salvador President Nayib Bukele said on Sunday that the country will host delegates from 44 countries this week to discuss Bitcoin. Bukele said in a series of tweets that delegates from 44 countries, consisting of 32 central banks and 12 financial authorities will meet in El Salvador to talk financial inclusion, economic digitization and The post Just-In: El Salvador To Discuss Bitcoin Adoption With 44 Countries appeared first on CoinGape.

Highly respected equity research analyst and investment strategist Lyn Alden says that Bitcoin will continue to be the dominant currency in the digital asset market and outpace its competition.  Speaking in a recent interview with the “What Bitcoin Did” podcast, Alden argued that Bitcoin's greatest competition in the crypto race would come from central bank digital currencies

The recent turmoil in the crypto space has hampered many assets largely, mainly Bitcoin which was on its way to hitting $44,000. However, the recent collapse has compelled the price to remain restricted below $30,000. Interestingly, the BTC price rally in the upcoming days is expected to remain restricted within small braces. And hence if …

A soccer referee's decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country's football authority is trying to establish why a crypto coin was used for the ritual when that role should have been reserved for the Turkish lira. Bitcoin

Numerous developing countries are set to meet in El Salvador on Monday to discuss bitcoin, among other things, says President Nayib Bukele. The post Nayib Bukele says 44 countries to meet in El Salvador to discuss bitcoin appeared first on The Block.

Satoshi Nakamoto created Bitcoin (BTC) to serve as a decentralized alternative to the traditional financial system. But FTX CEO Sam Bankman-Fried recently said that he doesn't see any future for Bitcoin as a payments network.