Crypto prices barely moved this week. In the context of 2022, that doesn’t necessarily mean it was a bad week, just slow. Most weeks this year have brought losses. To those who have followed prices keenly, this is no surprise. On New Year’s Day, Bitcoin posted an intraday low of $46,000; yesterday it bottomed out at closer to $19,000.
In other words, if 2021 was Bitcoin’s great bull run, then 2022 has been more of a bear run. Investors are feeling more cautious than last year for a number of reasons, but three big factors have been the collapse of Terra back in May—which had profound knock-on effects on the liquidity of several big crypto businesses—enhanced scrutiny from regulators worldwide, and a generally cautious global economy.
On Monday, Kim Kardashian was fined $1.26 million after failing to disclose that she was paid $250,000 to publish an Instagram post shilling a token called EthereumMax. United States Securities and Exchange Commission (SEC) Chair Gary Gensler posted a...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...