Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space.
Users’ subscriptions to cloud mining products have been extended for three days due to the power outage.
A lack of excitement on order books is just one sign that downside volatility could easily resume, says Material Indicators.
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.
The firm’s Bitcoin holdings have declined 45% from their average purchase price of $30,397.
The Oregon Division of Financial Regulation urged investors to do due diligence before putting their funds on any crypto platform.
Bitcoin’s yearly losses are similar to high-profile stocks like Tesla and Meta, with BTC investors down 70% in 2022.
The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights.
Bitcoin may in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA.