Billionaire investor Jeff Gundlach says it’s certainly possible for bitcoin to fall another $10,000. Jeff Gundlach: Bitcoin Is in a Very Bad Place At the time of writing, bitcoin – the world’s number one digital currency by market cap – has dropped to just over $20,000 per unit. The asset is trading for about 70 percent less than where it was just eight months ago (in November, it was at $68,000), and many traders are concerned about the prospects of the digital currency space. The asset is now trading at its lowest point in about 18 months, having lost close
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups... [[ This is a content summary only. Visit my website for full links, other content,…
Not long ago, BitcoinLinux issued an article discussing a Super Bowl commercial that was made about crypto trading and FTX, a new but increasingly popular digital currency exchange. The commercial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
The native token of FTX – a leading, yet new digital currency exchange – took a harsh dip in mid-November after news came about that Binance – one of the world’s biggest crypto trading platforms – was liquidating its holdings of the asset and ending its support for it as a means…
AI SummaryShowCFTC’s renewed probe could force stricter user‑location verification, prompting industry‑wide compliance upgrades.Potential enforcement may…