Bitcoin Price

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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bitcoin

Top 5 cryptocurrencies to check: BTC, XTZ, LUNA, AXS, ATOM

Bitcoin’s recovery to $49,000 has boosted sentiment and potential upward. The most popular cryptocurrencies can give AXS, ATOM, LUNA, XTZ in the short run. Nevertheless, the rate of cryptocurrency can change rapidly. If Bitcoin reaches $50,000 and maintains its positive momentum, the air could improve even more. One notable event that could boost short-term sentiment …

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Bitcoin

Bitcoin has declined by 4% after reaching the $35,000

Over the last two days, the world’s largest cryptocurrency increased to $34,800 from $31,000 before reversing course and declining the majority of these gains. This $3,800 fall might not seem important, but the 12% oscillation liquidated $660m worth of futures contracts. On January 25, President Joe Biden voices his willingness to lower the $1.9 trillion …

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South Korea To Shut Down Crypto?

New Data Suggests Bitcoin Might Double in Price Soon

New data suggests that Bitcoin might double this year and might also see two price tops. On Wednesday, the CEO of investment firm Capriole, Charles Edwards, said in a tweet highlighted 2021 as having one fundamental similarity to 2013 when it experienced a double top bull cycle. Bitcoin experiences the second peak Bitcoin split opinions …

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