Bitcoin Price

Bitcoin

New Record After Bitcoin – DeFi TVL Above $233 Billion

The mood in the critical currency market on October 20 was higher than ever. Because the Bitcoin record reached $67,000. Investors are now closely watching how Altcoins and DeFi signs react to the move. The DeFi sector took advantage of the increased BTC breakthrough, and the total cost rose to a new record level in …

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bitcoin, Puerto Rico-based Arival Bank Integrates Crypto Exchanges

Cryptos Prices Analysis: BTC, ETH, DOGE, ADA, LUNA, SOL

ProShares started trading ETF on the NY Stock Exchange on October 19, under the ticker BITO. Market participants are likely to closely monitor ETF tribes to assess the amount of institutional investor participation. According to the latest report from CoinShares, institutional inflows into crypto products have raised the total assets of institutional managers to $72.3 …

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Bitcoin

Bitcoin Hits its six-month high as BITO Starts Trading

On Tuesday, Bitcoin’s price climbed to its six-month high, rising through $63,000 as ETF began trading on the NYSE. The largest crypto rose 34% over the past month. It was waiting for approval from the SEC – the U.S. Securities and Exchange Commission. It had to approve the exchange-traded fund investing in futures contracts attached …

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A Bank of England Spokesman has Issued a Special Warning

A Bank of England Spokesman Issued a Special Warning

Jon Cunliffe, Deputy Governor of the Bank of England in Financial Stability, has warned of possible repercussions. He shared that cryptocurrencies could lead to a global financial crisis with strict regulations. In his speech, Cunliffe highlighted the growth rate of the cryptocurrency market from $16 billion 5 years ago to $2.3 trillion today. Jon pointed …

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Bitcoin price

Bitcoin Exceeding Expectations – $100K Sooner than Anticipated

This week, Bitcoin recovered to its previous position of over $50,000 for the first time since the beginning of September. It happened after a market-wide resurgence. On Wednesday, the crypto reached over $55,000 and remained around this number. This time it was the latest price accumulations after the asset`s value fell below $30,000 at the …

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El Salvador - After Bitcoin Became a Legal Tender

El Salvador – After Bitcoin Became a Legal Tender

El Salvador became the first country to adopt Bitcoin (BTC) as its national currency in September. This led to a radical monetary experiment that could threaten a fragile economy. President Nayib Bukele said the El Salvador government had purchased 200 bitcoins before officially accepting the currency. Then Salvador added another 150, bringing the total to …

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crypto, bitcoin

El Salvador Offers a Fuel Subsidy to Locals Paying in Bitcoin

Nayib Bukele, the President of El Salvador, stated that local customers could reduce $0.20-per-gallon in petrol prices when using Chivo – the government-backed Bitcoin wallet. On Thursday, the president declared the subsidy through Twitter which locals described as positive news for Salvadorans’ pockets. According to a strict translation, Bukele emphasized that this campaign has no limitation …

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