What determines the Bitcoin price?

The market forces called supply and demand determine Bitcoin's price, which is volatile due to the uncertainty regarding BTC's future value. What will happen if Bitcoin's price crashes to zero?If BTC's price drops to zero, it will impact the traders, institutional investors, price of other digital currencies, cryptocurrency enterprises and the whole financial system.Now, assuming that BTC's price declines to zero, it will impact the price of other cryptocurrencies.

XRP: Analyzing what growth in active address could mean for long-term holders

Despite the uncertainty that plagues the future of XRP as a result of the legal tussle with the Securities and Exchange Commission (SEC), during intraday trading hours on 30 June, it performed better The post XRP: Analyzing what growth in active address could mean for long-term holders appeared first on AMBCrypto.

British Virgin Islands court reportedly orders to liquidate 3AC

The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan. Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation.A court in the British Virgin Islands on June 27 ordered the liquidation of Singapore-based 3AC, the British news agency Sky News reported on Wednesday.The information in the report refers to an unspecified person familiar with the matter.

Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts

“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart LLP.In an analysis piece published on Law360 on June 28, lawyers from Choate Hall & Stewart LLP, including Mike Gass, Diana Lloyd and Alex Bevans, noted increasing evidence that “novel applications of existing laws” are being used to litigate against users and investors of cryptocurrency, predicting this trend to only accelerate over time:“High market capitalization, alongside widely discussed regulatory uncertainty, has created fertile ground for litigation and enforcement to grow.”The lawyers cited several cases as examples, including the prosecution of a US citizen for violating sanctions using crypto, several lawsuits brought on by the SEC in recent years, as well a rising number of class action lawsuits and private litigation. “Cryptocu

Bitcoin, Ethereum Technical Analysis: ETH Remains Above $1,200, Despite Market Volatility Increasing

ETH has managed to remain above the $1,200 level on Tuesday, despite an increase in price uncertainty in crypto markets.

Tether CTO refutes stablecoin FUD as short-sellers circle

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price. Tether chief technology officer Paolo Ardoino has confirmed that the stablecoin has been the subject of a “coordinated attack” by hedge funds looking to short sell the dollar-pegged crypto asset. Speaking to his 151,600 Twitter followers on Monday, June 27, the Tether executive was responding to reports that hedge funds have been borrowing millions in loans to short USDT since the collapse of Terra (LUNA) in May.He alleged that hedge funds have been trying to create pressure “in the billions” to “harm Tether liquidity” with the aim of eventually buying back tokens at a much lower price.The CTO levied accusations that some hedge funds have believed and help spread “FUD” (fear, uncertainty, and doubt) about the stablecoin.

Crypto Exchange CoinFLEX Freezes Withdrawals Due to Counterparty 'Uncertainty'

CoinFLEX joins Celsius, Babel Finance, Finblox, and Voyager Digital in either freezing or limiting user withdrawals.

Solana (SOL) vs. Near Protocol (NEAR) – Coin Bureau Host Analyzes Top Ethereum Rivals

The host of popular YouTube channel Coin Bureau is comparing Ethereum challengers Solana (SOL) and Near Protocol (NEAR) amid mounting uncertainty in the crypto markets.

How to survive in a bear market? Tips for beginners

Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm. Usually, bear markets bring about a feeling of uncertainty in any investor.

Traditional Hedge Funds Not Deterred by Crypto Market Downturn and Volatility

Despite the ongoing market uncertainty, traditional hedge fund entities continue to pour funds into cryptocurrency products and assets.

Bitcoin Price Outlook for June — Market Conditions Show Uncertainty

Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low.

Bitcoin bears have plenty of reasons to hold BTC price below $32,000

Regulatory pressure and macroeconomic uncertainty continue to pin traders' sentiment and BTC price under $32,000. Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions.BTC-USD 12-hour price at Coinbase.