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Retail Mexican Giant Elektra and Video Game Developer Nexon Now Accept Bitcoin

One of the largest supermarket chains in Mexico – Elektra – allowed customers to pay their bills in bitcoin instead of fiat currencies. To process the cryptocurrency payments, the company…

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Market Watch: Terra (LUNA) Pushed Polkadot Outside Top 10, BTC Maintains $47K

Following another sub-$46,000 dip, bitcoin has bounced off and currently sits above $47,000. The altcoins are also slightly in the green, with Terra outperforming the rest after a substantial double-digit…

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Bitcoin Price Analysis: Despite the Bearishness, Onchain Might Suggest a Supply Shock

According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin’s price fell to near $48.5k in the spot market.…

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US SEC Extends Deadline for Approving Grayscale and Bitwise’s Bitcoin ETF Applications

The United States Securities and Exchange Commission (SEC) has postponed its decision regarding the Bitwise Bitcoin ETP Trust and Grayscale Bitcoin Trust applications. SEC Extends Approval Date to Feb 2021…

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Bitcoin Dipped to 14-Day Low: Avalanche Soars 9% (Market Watch)

Bitcoin’s adverse price movements continued in the past 24 hours, and the asset fell to a two-week low of $45,500. Most altcoins also suffered, with the apparent exception of Avalanche,…

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Fed Leaves Rates Unchanged but Global Markets and Bitcoin Slide: This Week’s Crypto Recap

Another seven days have passed and, unfortunately, they weren’t any better than the week before. Traditional and cryptocurrency markets are tumbling, despite the US Federal Reserve leaving rates unchanged and…

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Someone Just Sent $100K Worth of BTC to a Michael Saylor Giveaway Scam Wallet

Impersonation scams are a growing threat in the cryptocurrency community, and a large number of victims continue to fall for them. The latest such example involved MicroStrategy’s CEO, and someone…

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Rollercoaster Continues – Bitcoin Dipped Below $47K as Global Markets in Deep Red

Bitcoin’s positive price movements were short-lived once more as the asset fell to $47,000 again. The altcoins are in the red as well, with Ethereum sliding below $4,000 and Polkadot…

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Billionaire Ray Dalio Says Bitcoin is the Alternative to Gold for Younger Generations

The former crypto skeptic not only revealed holding a small portion of Bitcoin (BTC) but also commending how far the flagship cryptocurrency has come since its inception. He outlined the…

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