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Bitcoin Dipped Below $29K as Wall Street Plunged to Yearly Lows (Market Watch)

The cryptocurrency market is suffering again as bitcoin slipped below $29,000, while Ethereum now trades beneath $2,000. This comes amid the most recent price dumps on Wall Street, as the…

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40K BTC Deposited to Exchanges Since May 11: but Here is the Good News

Last week’s rollercoaster continues to impact the cryptocurrency market in one or more ways, as IntoTheBlock data indicated that approximately 40,000 BTC had made their way into exchanges since May…

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Bitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch)

Bitcoin failed at decisively overcoming $31,000 and has retraced by over $1,000 to a familiar ground of approximately $30,000. Most altcoins are also slightly in the red today, with Ethereum…

Continue ReadingBitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch)

Bitcoin Maintains $30K, Terra’s UST Continues Crashing and Dips to $0.04 (Market Watch)

Following yesterday’s drop to $29,000, bitcoin reacted well and reclaimed the coveted $30,000 line. Most altcoins are sitting calm with minor gains, while Litecoin and CRO have emerged as today’s…

Continue ReadingBitcoin Maintains $30K, Terra’s UST Continues Crashing and Dips to $0.04 (Market Watch)

El Salvador Invites Over 40 Central Banks for International Event on Bitcoin

After buying the dip and adding 500 BTCs to the state coffer, El Salvador President Nayib Bukele has another surprise up his sleeves. The country is organizing an international conference…

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FTX CEO Thinks Bitcoin Has No Future as a Payment System

Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to…

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