Is Peter Brandt Changing His Mind on Bitcoin? Veteran Trader Unveils New Chart, Begins Crypto Hiatus

Is Peter Brandt Changing His Mind on Bitcoin? Veteran Trader Unveils New Chart, Begins Crypto Hiatus

The Daily Hodl     •     May 20, 2021, 5:50 am

Career trader Peter Brandt is raising eyebrows after crafting a chart comparing Bitcoin’s current price action to historical precedent. Brandt took to Twitter to ponder whether Bitcoin’s price action…

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Bitcoin Has Nearly Halved in Value Since Coinbase Went Public

Decrypt     •     May 19, 2021, 3:45 pm

Bitcoin has fallen by over 50% since April 14, the day crypto exchange Coinbase went public via direct listing on the Nasdaq. Dubbed “Coinbase Day” by the crypto sphere, Coinbase’s debut on the…

Fallout: Ethereum fees skyrocketed as traders raced to unwind leveraged positions

Cointelegraph.com News     •     May 20, 2021, 5:57 am

Traders racing to exit leveraged positions on-chain appeared to drive a record spike in Ethereum gas prices yesterday, with users reporting transaction fees of more than $1,000 still got stuck.

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