Peter Brandt is offering a bit of advice on the “buy the dip” idea. He cites the experience with the silver market in the 1980s. His message is to beware of “trying to catching falling knives”.
The Bitcoiners are full of the idea that the sharp sell-off in Bitcoin is an opportunity. Brandt is offering a warning to this.
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Scammers loot over $100 million from Pakistani investors via fake Binance-themed apps
Binance is finding itself, once again, in the middle of some hot water. This was not really their doing though.
Pakastani authorities contacted the company about a scam that duped $100 million from Pakastani citizens. This was after a series of mobile applications started working. All were tied to Binance accounts.
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SEC Bolsters Its Case Against Ripple's Key Defense
Ripple and the Securities and Exchange Commission are engaged in an epic battle against each other. This is probably the most public case within the cryptocurrency industry by the agency.
In the latest move, the government moved against Ripple’s defense of “fair notice”. The agency submitted to have that stricken by the court.
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NYC Mayor Eric Adams Reiterates City’s Commitment to Bitcoin, Says ‘The Best Time To Buy Is When Things Come Down’
The new mayor of New York City is a major Bitcoin fan. In response to the latest move down, he reiterated the long held belief to buy the dip.
Over the last year, a number of politicians can out in favor of cryptocurrency. At the head of the class is Mayor Suarez of Miami. He is now joined by the mayor of the largest US city, Eric Adams.
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