EPISODE · Jul 19, 2024 · 7 MIN
Bitcoin market braces for explosive volatility, hardware wallets are the new mood rings
from Rise’n’Crypto · host Сointelegraph
As Bitcoin battles with the $65,000 resistance, held back in part by a slump in the stock market, analysts are making both bullish and bearish observations from the data. On the one hand, retail investors are nowhere to be seen but may be necessary for a “true” bull market. On the other hand, volatility has dipped to historic lows, which could indicate that extreme volatility is in the past. If I had a third hand, I’d say: What if those two observations are related? Elsewhere, we have more information on the devastating WazirX exchange hack and some theories on who might be behind it. Then, to cap the week off, we discuss whether a wearable cold wallet is a good idea or not — what do you think?Further reading:Stock market slump trickles into today’s Bitcoin and altcoin correctionBitcoin ‘real bull run’ out of reach as retail demand metric hits 3-year lowBitcoin “crazy tight” Bollinger Bands point to $190K BTC price targetOnchain analysts tie $235M Indian exchange exploit to North Korean hackersWazirX hacker funnels $149M of SHIB, MATIC, other altcoins into ETHBitcoin self-custody comes to the masses with new ‘crypto ring’So, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
As Bitcoin battles with the $65,000 resistance, held back in part by a slump in the stock market, analysts are making both bullish and bearish observations from the data. On the one hand, retail investors are nowhere to be seen but may be necessary for a “true” bull market. On the other hand, volatility has dipped to historic lows, which could indicate that extreme volatility is in the past. If I had a third hand, I’d say: What if those two observations are related? Elsewhere, we have more in...
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Bitcoin market braces for explosive volatility, hardware wallets are the new mood rings
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