Punk Crypto News

Online cryptocurrency news generator from the top sources

Online news generator of different cryptocurrency related news, signals, price alerts and so much more. If you want to get your fresh portion of news or just buy bitcoin - this is the right place for you to get all the tips and hints. Let’s enjoy the crypto revolution together

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Kentucky to scrutinize contracts offering cheaper electricity to miners

The Kentucky Public Service Commission (PSC) has reportedly opened a formal investigation into two proposed contracts that woul...

Bitcoin Now Undervalued For 170 Days, How Does This Compare With Previous Bears?

On-chain data shows Bitcoin has been undervalued for 170 days now, here’s how this figure compares with that during the previou...

This Crypto Venue Fired 40% Of Employees Due To Bear Market

The crypto world has had its fair share of drama as the bear market bites down on the entire landscape. In addition, global inf...

Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market

Bitcoin (BTC) price is showing notable resilience at the $17,000 level, and according to data from Glassnode, a number of metri...

US House committee chair pushes back against SBF’s excuse to potentially delay testimony

Maxine Waters, chair of the United States House Financial Services Committee, has called out former FTX CEO Sam Bankman-Fried f...

Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

Bitcoin (BTC) bulls regained some control on Nov. 30 and they were successful in keeping BTC price above $16,800 for the past 5...

For First Time Ever, Bitcoin Hash Ribbon Golden Cross Has Failed

On-chain data shows the Bitcoin Hash Ribbon golden cross has failed to provide an uplift to the price for the first time ever. ...

Nexo leaving US, says country lacks clear regulations

The crypto borrowing and lending platform Nexo plans to gradually cease operations in the United States “over the coming months...
December 5, 2022

Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could ...

Is Buying Bitcoin Safe?

No investment is without risk, but investing in bitcoin carries different risks and responsibilities compared to traditional investments of stocks, bonds and funds. And the bitcoin investor plays a big role in keeping their bitcoin safe. Many investors piled into bitcoin after it broke the $20,000 barrier in December 2020 and continued its bull run into April, when the spot price surged above $64,000. But in the months after, the price began a long decline, with the spot price falling below $32,000 by early June. Longtime investors in cryptocurrency had seen this before. Bitcoin reached its previous record high in December 2017, when the spot price came near $20,000, and one year later the spot price was below $3,400. So when investing in bitcoin, understand that the value can drop quickly — and may take years to regain previous highs.

Investing in bitcoin and other cryptocurrencies can be risky

Risk is inherent in any investment, but especially with bitcoin and other emerging cryptocurrencies. It’s important to take the long view with your investments, to keep your overall portfolio in balance, and never to purchase more bitcoin (or any single company stock, or other standalone investment) than you can afford to lose.

Advantages of Bitcoin?

There are many pros and cons of Bitcoin, and it is important to understand what advantages this cryptocurrency can bring. There are top 4 advantages: 1. Accessibility and Liquidity 2. User Anonymity and Transparency 3. Independence From Central Authority 4. High Return Potential However, always do your own research and make sure you are aware of the risks and cons as well.