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- 😱 A 20% Bitcoin Drop Could Be Imminent
😱 A 20% Bitcoin Drop Could Be Imminent
Why a top bank fears the worst for Bitcoin in the short term.
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Gm and Happy Wednesday!
Bitcoin looks to be stalling below $105,000 as immediate good news from the Trump administration has failed to materialize. And now it could even face a 20% drop.
Goldman Sachs CEO David Solomon said Bitcoin is no threat to the US dollar but blockchain technology is worth looking into. Here’s what he meant.
Plus, Base8 is a Bitcoin utility app for everyone. Like your online checking, savings, and crypto trading account, all-in-one and powered by SATs (Satoshis), the smallest unit of Bitcoin.
TOP STORY
Is the Bitcoin bull run stalling? Or is it even over?
No need to go that far but ‘hope’ is fading, Standard Chartered writes in its latest analyst report.
That is because there haven’t been good news from the Trump administration and now Bitcoin could face a 20% drop.
Sponsored by
Did you know Bitcoin was created to be digital money? Probably
So why isn’t it commonly used for payments, transfers, earning interest, or crypto trading?
Because using Bitcoin is hard.
Base8 is a Bitcoin utility app for everyone. Like your online checking, savings, and crypto trading account, all-in-one and powered by SATs (Satoshis), the smallest unit of Bitcoin.
Why SATs instead of BTC? They eliminate decimals, making Bitcoin as easy to use as dollars.
Our edge?
We’re a layer 3 (L3) Bitcoin platform, integrating existing decentralized solutions (L2s) for faster/cheaper payments, yield generation, and Bitcoin to crypto swaps. We hide the tech behind the app's UX/UI - making Bitcoin practical.
QUICK N DIRTY
Peter Schiff has chipped in on the memecoin discussion and, you guessed it, used it to criticize Bitcoin — here’s what he said.
Dogecoin and Shiba Inu are down 7% and struggling. What is going on with the memecoin kings?
A strategic Bitcoin reserve got a bit more likely after the inauguration, despite a lack of comments from President Trump. Here’s how the odds changed.
FINTECH FOCUS
Bitcoin to replace the dollar?
Not so fast, says Goldman Sachs’ CEO.
Orange coin is no match for the greenback, but there are interesting aspects about crypto. Which is why Goldman is actively looking into the technology.
How exactly does that look like?
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