Rise’n’Crypto Is crypto headed for a 'Banana Singularity,' where everything goes up?
Bitcoin fell a little further yesterday, dipping below $92,000 before beginning its recovery. However, something ahead looms large: It seems the US government may try to sell $6.5 billion in BTC before President-elect Donald Trump takes office. What would that mean for Bitcoin’s price? Also on Bitcoin, a judge in Wales has thrown out the case of the missing hard drive with $770 million of BTC on it! Elsewhere, one crypto commentator with a good track record predicts altseason is around the corner, and an art gallery is the target of a class-action lawsuit over an NFT collection it sold.
Further reading:
- Bitcoin speculators panic sell at $92K in 'good time for accumulation'
- US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
- UK judge dismisses $770M Bitcoin landfill hard drive case
- Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
- Art gallery argues NFT holders can’t sue it due to ‘market decline’
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