The Last Time Bitcoin Investors Were This Fearful Was the $3,000 Bottom in 2018

Bitcoin’s recent meltdown did significant damage to its market structure, also leading most major altcoins to plummet to fresh multi-year lows. Although the market has largely rebounded from its recent lows, the backdrop of global bearishness seems to suggest further losses could be imminent. This intense bearishness has also led investor sentiment to plummet alongside […]

Crypto News

Telegram ICO Investors Included Russian Oligarch and Ex-Minister

Newly released documents relating to Telegram’s 2018 ICO have revealed some big-name backers, including Russian oil tycoon Roman Abramovich and former Minister of Open Government Affairs Mikhail Abyzov. The publication of the documents highlighting some of the big-money backers in Telegram’s planned blockchain, Telegram Open Network (TON), is just the latest development in the US […]

Crypto News

‘Dumb Money’ Investors Pouring into Virus Stocks; They’re About to Get Wrecked

Retail traders are ditching Virgin Galactic as the space exploration stock collapses from its all-time highs. The retail crowd is flooding into biotech stocks on speculation that they may benefit from the Wuhan coronavirus outbreak. These “dumb money” investors are setting themselves for failure. Many will see their investments evaporate as institutional investors pull the […]