Top Binance Exec To Keep Buying Bitcoin, But There's A Catch

The world's largest crypto exchange Binance and its executives have strongly supported Bitcoin amid its price fall under intense market pressure. Brian Shroder, CEO of Binance said buying Bitcoin and continue accumulating Bitcoin at dips, just like he did when Bitcoin was at $29,000 and $19,000.

Timeline of Bitcoin

On Monday (June 27), crypto analyst Will Clemente, who is Lead Insights Analyst at Blockware Solutions, took a closer look at the Bitcoin price. Clemente, who was using data from blockchain data and intelligence platform Glassnode, was basing his claim on the fact that the Mayer Multiple is currently around 0.6. The Mayer Multiple, which

Ethereum (ETH) advocates have reacted after the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler refrained from labeling the coin a commodity – and instead chose to name bitcoin (BTC) among the tokens the SEC chiefs before him deemed a non-security. He, however, contrary to many reports, did not single out bitcoin as 'the only' commodity. 

Current Bitcoin price analysis shows that BTC/USD is going down under once again as the price has been repeatedly rejected from the $21k level. The sellers are unrelenting near the higher price levels as per on-chain analytics.

Latest cryptocurrency survey conducted by Morning Consult shows that cryptocurrency owners in the United States are quite optimistic about the future price of Bitcoin. The number of owners barely changed despite the price crashes, which drove down the general crypto market cap to under $1 trillion.

Many cryptocurrency-based firms have faced the wrath of a crypto meltdown that saw LUNA drop to zero. Interestingly,  Three Arrows Capital (3AC), the beleaguered cryptocurrency firm tops the chart.

If your portfolio needs help right now, you're in the right place. While the wider crypto space has had a testing few weeks, things aren't all bad. In fact, the market right now could be viewed with positive caution, because a couple of weeks ago new lows were being predicted across the board. These lows …

A closely tracked crypto strategist is warning Bitcoin traders and investors that BTC could be 48 hours away from resuming its downtrend. In a new strategy session, pseudonymous analyst Cheds says Bitcoin is still in a macro downtrend and BTC's recent rally from the lows of $17,600 is likely to meet an abrupt end. “I'm The post Crypto Analyst Warns Sharp Bitcoin Appears Imminent – Here's How Low BTC May Go appeared first on The Daily Hodl.

Bitcoin and other cryptocurrencies have not joined in the wider financial market rally, with many of the larger altcoins losing ground. The number-one crypto fell 2.2% over the past 24 hours to US$28,999.56, though it recovered from a week's low of just over US$28K at one point in the session.

After performing steadily around the $30,000 level for quite some time, Bitcoin had this month dropped as low as below $18,000. In the last one week, BTC managed to trade above the $20,000 range although it is yet to touch the $22,000 mark.

Bitcoin's consolidation at the $21,000 level has continued after a recent shaky ride. The majority of altcoins have likewise stabilized today. The cryptocurrency recovered on Monday, starting the day off well and almost approaching $20,000. As a result, BTC was trading above $21,500, a weekly high, as the bulls attempted to take back the market, …