Data shows crypto downturn driven by short term Bitcoin holders ‘panic selling’
Short term panic sellers appear to tanking the market, but FUD is driving the narrative of worse to come.

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Avanti Bank’s Caitlin Long said last week’s sell-off was linked to Tether’s release on its financial reserves.
Liquidations ran rampant as crypto markets fell by double-digit percentages.
Dogecoin can easily beat Bitcoin—we just need to change most of its fundamental specs for that to happen, argued Tesla CEO.
While the company's Bitcoin strategy hasn’t changed, it's not in a rush to buy more crypto—at least for now, Square CFO stated.
The vast majority of the coins stolen from Bitfinex in 2016 hadn't moved in 5 years—because it's "very challenging to make crime pay in crypto" today.
Atlas Holdings has turned an abandoned power plant in upstate New York into a highly profitable Bitcoin mining facility.