Author name: Cryptoolio Team

Super-Rich People Own Just One Asset That’s Not Falling Apart.

The number of multimillionaires around the world continues to grow. But this year’s raging bear market may put a halt to that — as they’re loaded up with assets plummeting in value.X the current moment that we’re in is leaving a lot of investors wondering if 0 seconds of 11 secondsVolume 0% Millionaires invested more than three-quarters […]

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Bitcoin may be near a bottom at $20,000 as the crypto market endures a ‘Long Term Capital Management moment’, says Mike Novogratz

Bitcoin’s sharp sell-off may be nearing a bottom, with potential respite arriving as the cryptocurrency space is experiencing a rippling reminiscent of Long-Term Capital Management two decades ago, billionaire investor and bitcoin bull Mike Novogratz told CNBC on Tuesday.  “[We’re] going through what feels to be a little bit like a Long Term Capital Management moment in crypto,”

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Bitcoin tumbles below $21,000 in the crypto crash. This chart shows how much worse a selloff could get.

Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency exchange. Bitcoin  BTCUSD, -1.96%  has slumped around 17% over the past 24 hours, trading as low as $20,889 on Monday night, according to Coindesk data, a level not seen since December 2020. Bitcoin is

Bitcoin tumbles below $21,000 in the crypto crash. This chart shows how much worse a selloff could get. Read More »

A new study reveals Bitcoin decentralization and anonymity ‘failures’

Researchers have assessed blockchain data from the early days of Bitcoin, finding “wealth, income, and resources in the bitcoin community were highly centralized.” Mining activity between 2009 and 2011, when Bitcoin was first introduced and when it was of equivalent value to the U.S., respectively, showed that the majority of Bitcoin was mined and owned

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Top 10 Cryptocurrencies In The World By Twitter Followers

Cryptocurrency has taken the world by storm. What was once a murky and confusing arena to engage in has now grown to a $1.24 trillion industry, home to a host of alternative investments such as NFTs, which utilize various cryptocurrencies as the purchasing instrument to acquire digital assets such as art and music. For comparison, Amazon.com, Inc. 

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This Beat-Up Mega Tech Stock Is Your Best Bet, Analysts Say

Falling big-cap tech and tech-related stocks are a big reason the S&P 500 is struggling this year. But analysts have their favorite if you’re looking to play a rebound. Analysts who follow fundamentals closely think fallen FANG stock Netflix (NFLX) is the “tech” stock you’re likely to make the most on, says an Investor’s Business Daily analysis of

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Bitcoin halving: When is the next cycle? What you need to know

The Bitcoin halving is one of the most important events on BTC’s blockchain. It causes inflation in the value of bitcoin by reducing the quantity of bitcoin in circulation while also increasing demand for Bitcoin. The consequences of a Bitcoin halving affect everyone involved with Bitcoin’s ecosystem. The Bitcoin block reward is cut in half every

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Shiba Inu price analysis: SHIB suffers devaluation at $0.00001054

Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001032, from $0.00001105; on June 6, 2022, SHIB/USD lost further momentum and obtained a massive decreasing movement the

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Cardano Price Predictions: Can the ADA Crypto Climb Back Above 50 Cents?

Despite the stock market rally, Cardano (ADA-USD) fell below the key 50-cent level today Other cryptos are also not performing very well Pundits provided wide-ranging  Cardano price predictions Cardano (ADA-USD), a popular altcoin, is in focus and falling today. The cryptocurrency has dropped below the important level of 50 cents per coin and is now changing hands for

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Bitcoin, Ethereum, Flow, and Ethereum Classic Daily Price Analyses – 22 May Roundup

TL;DR Breakdown The global crypto market has continued bullish as its gains remained at 2.17%. The performance of Bitcoin remains satisfactory as the gains stay at 2.40%. Ethereum has continued to utilize the market gains, adding 2.68% over the last 24 hours. Flow and Ethereum Classic are also bullish as they gain 2.84% and 2.05%,

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