Sat, May 16

44 Countries As Invitees To El Salvador’s BTC Meet

El Salvador is the first country to adopt BTC as a legal tender. Bitcoin laid out the map of ‘Bitcoin City’ on May 10. President Nayib Bukele announced on Twitter that El Salvador is meeting up with 44 countries on Monday. 32 central banks and 12 financial authorities across the

May 16, 2022 2 mins read

Bitcoin (BTC) Price Loses Bullish Momentum, Falls Under $30K

The price may begin a new negative wave if it falls below $28,000. If BTC breaks through the $30K level, a new upward trend may be on the horizon. Over the last two weeks, the cryptocurrency markets have been crushed, losing 25% of their value or about $500 billion since

May 16, 2022 2 mins read

11,835 Bitcoin Worth 348,155,467 USD Transferred to Unknown Wallet

Bitcoin is up 1.35% in the last 24 hours. The transaction happened at 19:47:22 UTC on May 14, 2022. After two days of stagnation, the BTC price is holding steady on Saturday. After a near two-year low, the sellers seem tired. With a gain of $5K, the price immediately rebounded

May 15, 2022 1 min read

Bitcoin Network More Secure as Mining Difficulty Records ATH of 31.251 Trillion

BTC miners are responsible for verifying the authenticity of transactions. BTC remains the most durable blockchain network. Dispelling any fears of a blockchain assault, the Bitcoin (BTC) network has now reached an all-time high mining difficulty of 31.251 trillion, breaking the previous record of 30 trillion for the first time.

May 14, 2022 1 min read

Panic Selling of BTC Has Come to a Halt

The falling face is an appropriate opportunity to convert Altcoins to Blue-chip coins. The selling rate crossed 175K in the mid of the week. For the last few days, the crypto market had to face many cryptocurrencies being sold. The reason behind this is seen to be the fear among

May 14, 2022 1 min read

Bitcoin (BTC) Price Consolidates After Brief Rebound

Since the 9th of May, BTC exchange outflows have been at a high level. There has been a dramatic spike in the number of BTC transactions. After plunging below $26,000 in the most recent episode of the crypto-crash, BTC has risen over the $30,000 mark. Despite macroeconomic uncertainties, the Bitcoin

May 14, 2022 2 mins read

R. Kiyosaki is Holding Up for BTC to Attain $20K Low

Kiyosaki expects BTC to hit a bottom as low as $17K to $11K. Kiyosaki believes dips are a situation to gain profit and BTC will bounce back. Robert Kiyosaki, financial education advocate and author of Rich Dad, Poor Dad book, awaits the further crash of Bitcoin. Previously, Kiyosaki expected the

May 14, 2022 2 mins read

Bitcoin (BTC) Price Avoids Major Drops as Bulls Help Rebound

Several positive variables currently point to an increase in the cryptocurrency’s value. The S&P 500 and the Nasdaq were both up 2.2% and 3.3%, respectively. BTC was unable to break through $31,000 at the opening of Wall Street on May 13 as fresh warnings predicted that the downward trend would

May 13, 2022 2 mins read

Facebook Ex Crypto Head Launched a Bitcoin Payments Startup

Meta concentrates on implementing non-fungible (NFT) tokens into its platforms. Diem was sold to Silvergate Bank for $200 million.  Lightspark will provide backend services for businesses. David Marcus, the crypto former and chief of Meta formally known as Facebook. In November 2021, he closed the Stablecoin project (Diem) after the

May 13, 2022 2 mins read

South Korea Will Implement Crypto Into Its Institutional Systems by 2024

The legislation proposal to merge Bitcoin and other Cryptocurrencies into the country’s institutional framework will provide protection for people to invest with digital assets. And the legislation has 110 policy goals announced by Yoon Seok-youl, the new president of South Korea. South Korea’s new leadership will complete the legal framework

May 13, 2022 2 mins read