Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
Read moreSaylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US
Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.
Read more‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
Nassim Nicholas Taleb says gold still stands apart as a store of value.
Read moreData points to Ethereum price making a short-term rally to the $3.2K level
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.
Read moreBitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
Read morePrice analysis 8/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
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