‘Foolish’ to deny Bitcoin price can go under $10K — Analysis

Bitcoin (BTC) preserved $20,000 for another day on June 23 with calls for another 20% drop still surfacing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin under $10,000 not impossible Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging just above the $20,000 mark over the 24 hours to the time of writing. As ever, the behavior reflected moves in United States equities markets, which stayed flat on the day. Remarks by Federal Reserve chair Jerome Powell had provided only brief volatility. Cointelegraph noted that Powell’s Congress testimony provided no…

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Celsius Network execs deny rumors of significant losses amid market volatility

The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its leadership.  Seemingly in response to a now deleted tweet from Twitter user David Belle that claimed the platform had been “completely wiped out,” Celsius CEO Alex Mashinsky posted a message to his more than 172,000 Twitter followers that “all funds [were] safe” and the platform was continuing to do business. Mashinsky acknowledged the “extreme market volatility” currently impacting projects including Terra (LUNA) and stablecoin TerraUSD (UST). Rumblings that Celsius is getting wiped out, if…

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Fran Finney & Others Deny Moving Possible ‘Satoshi’ Bitcoin

Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney’s wife Fran.  “Very odd,” Fran Finney told Cointelegraph when questioned on the recent transactions sent from a Bitcoin wallet that, prior to today, sat untouched for more than a decade. “These were not coins my husband mined and we had nothing to do with this,” she added.  Hal Finney died from amyotrophic lateral sclerosis, or ALS, in 2014. Finney’s wife Fran works with the ALS Association, an organization devoted…

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