By Wayne Jones Peter Schiff used his podcast this week to argue that BTC holders are ignoring what Strategy’s decision to sell some of its stack means for the asset. According to him, the company built by Michael Saylor was the real floor under Bitcoin’s price, and that floor is now gone. Schiff Says Strategy’s […]
Tag: Iran
By Jordan Lyanchev Although it has rebounded by $5,000 since its July 1 low at under $58,000, bitcoin remains in a highly pressured market structure that has halted each major breakout attempt. There are good reasons for that, of course, as multiple factors have aligned to keep it suppressed. Here are five of them. Macro […]
By Chayanika Deka Bitcoin stayed under pressure this week after the United States and Iran exchanged air strikes. Market sentiment worsened further after President Donald Trump said the memorandum of understanding and the ceasefire with Iran “is over.” The uncertainty briefly pushed the world’s largest crypto asset close to $60,000 on Tuesday. By Thursday, however, […]