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 …
Bitcoin Exceeding Expectations – $100K Sooner than Anticipated Read More »
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 …
El Salvador – After Bitcoin Became a Legal Tender Read More »
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 …
El Salvador Offers a Fuel Subsidy to Locals Paying in Bitcoin Read More »
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 …
Top 5 cryptocurrencies to check: BTC, XTZ, LUNA, AXS, ATOM Read More »
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 …
Bitcoin has declined by 4% after reaching the $35,000 Read More »
On Monday, Bitcoin’s price surged and reached $50,000 for the first time after May. The world’s largest crypto seemed down by around 0.3% at $49,202. After that, it soared as high as $50,563 as investors speculate that the chance of more U.S. stimulus spending could manage to lead to further increases. More mainstream financial services …
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 …
New Data Suggests Bitcoin Might Double in Price Soon Read More »
Bitcoin faces a strong challenge from the bears near the $49,000 mark. Cointelegraph reported earlier that the buy and sell levels on Binance show that sellers maintained at around $49,000. The creator of Bitcoin’s stock-to-flow price model, PlanB, said if Bitcoin closes this month over $48,000, a target price of $136,000 might apply in the …
Top 5 crypto to view this week: BTC, ETC, KLAY, LUNA, AXS Read More »
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