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The crypto market reels from a massive sell-off triggered by the Bank of Japan's unexpected rate hike, with Bitcoin plummeting below $50,000 and the total market cap dipping under $2 trillion. Amidst the chaos, Vitalik Buterin faces criticism for his ill-timed Layer 2 post, while SAG-AFTRA continues its strike over AI concerns. Despite the downturn, Ark Invest seizes the opportunity to buy $17.8 million in Coinbase shares. NFT collections like Sorare and DogeZuki show resilience, and analysts eye a potential Bitcoin surge at the $56,000 mark. Meanwhile, X tests a controversial feature hiding engagement metrics, and the crypto community braces for Bitcoin's looming "death cross."
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The crypto market reels from a massive sell-off triggered by the Bank of Japan's unexpected rate hike, with Bitcoin plummeting below $50,000 and the total market cap dipping under $2 trillion. Amidst the chaos, Vitalik Buterin faces criticism for his ill-timed Layer 2 post, while SAG-AFTRA continues its strike over AI concerns. Despite the downturn, Ark Invest seizes the opportunity to buy $17.8 million in Coinbase shares. NFT collections like Sorare and DogeZuki show resilience, and analysts eye a potential Bitcoin surge at the $56,000 mark. Meanwhile, X tests a controversial feature hiding engagement metrics, and the crypto community braces for Bitcoin's looming "death cross."
HOW CAN SUPPORT?
SUBSCRIBE: RARE BITS PODCAST
WATCH: RAREBITS LIVE YOUTUBE
READ: RARE BITS SUBSTACK
Follow on X:
BEATBROKER
RARE BITS LIVE
GET SOME MERCH
RARE BITS GEAR:RARE BITS MERCH