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Bitcoin has fallen below its realized price in all previous bear market cycles. After 79 days in the red, Bitcoin's current price suggests a bottom may be forming around $20,000.
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Tensions between the United States and China over Taiwan combine with market instability and a local high for Bitcoin.
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Ark Invest paid $75 million for 1.41 million Coinbase shares, citing the exchange's poor performance as the key cause.
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VCs have money to invest in crypto startups, but some are waiting for bigger opportunities that should present itself around September.
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Bitcoin has benefited from the return of risk-on appetite, with a spike above $23,000, and the significant break to the upside has some analysts calling the bottom.
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Rumors of a liquidity issue at Coinbase have been debunked by the community, since outflows vary in a volatile crypto market.
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The drop in VC investments in crypto businesses parallels the overall downturn in VC funding across industries, despite the fact that the number of deals increased.
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The hashrate of bitcoin mining has plunged to a five-month low after miners in Texas momentarily ceased operations.
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During the current market turmoil, Bitcoin whales have aggressively purchased BTC, according to on-chain data analytics firm Santiment.
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SBF's Alameda Research has issued its first Twitter, declaring that it is eager to repay the Voyager loan
Bitcoin has fallen below its realized price in all previous bear market cycles. After 79 days in the red, Bitcoin's current price suggests a bottom may be forming around $20,000.
