Wed, September 23

Whale Alert: Unknown Wallet Buys $25.7M Worth Bitcoin From Gemini

Whale transaction took place at 03:12:06 UTC on 25 May. Bitcoin is trading up 1.43% in the past 24h. The short-lived relief rally of Bitcoin to the $30k level on Monday tried to pull bulls into the crypto market that was ruled by bears since early May. The dominant crypto

May 25, 2022 1 min read

IMF Managing Director Showered Appreciation Towards Cryptocurrencies at WEF

She also joked about the “hate tweets” she got when the IMF voiced an objection. According to her, the President of El Salvador Nayib Bukele made the “sovereign decision”. After the catastrophic collapse of the Terra ecosystem, the IMF’s managing director has declared that the world should not be discouraged

May 24, 2022 1 min read

Amount of Bitcoin Held in Exchanges Hit Its 2-Year Lowest

The recent rally of the largest cryptocurrency towards the $30k support level in the green zone raised speculations among investors. Bitcoin hit a high of $30,590 USD on Monday, relieving the panic since early May when the crypto market significantly began to crash. In case Bitcoin sustained or surged above

May 24, 2022 1 min read

Senator Lummis’s Bipartisan Bitcoin Bill Framework Will Introduce on June

The long-awaited moment comes true, US Senator Cynthia Lummis planned to introduce a broad cryptocurrency bill along with New York Democrat Kristin Gillibrand. On June 7th, Senator Lummis will launch a bipartisan Bitcoin policy framework. Also, Lummis hints an upcoming crypto bill won’t include NFTs. JUST IN 💥 Senator Lummis

May 24, 2022 2 mins read

Bitcoin (BTC) Price Plunges Below $30k Despite U.S Stock Market Surge

The price of Bitcoin fell by 3% on May 23 to below $30,000 per coin. The price range of $28,500-31,500 has been around for a time now. Both Bitcoin and Ethereum have been closely tracking each other throughout this latest market downturn. An increasing number of financial experts believe that

May 24, 2022 2 mins read

Luxury Brand Balenciaga To Accept Crypto as Payment in the U.S

The luxury brand is still debating which payment mechanism will be utilized. The initial currency accepted will be Bitcoin and Ethereum. Since last year, the number of people using cryptocurrencies has skyrocketed. Coins like Bitcoin and Ethereum have gained a lot of traction in recent years. A well-known luxury brand,

May 24, 2022 1 min read

PayPal Reveals Plans To Integrate Crypto Services Into Its System

PayPal’s vice president made the announcement at the World Economic Forum on May 23 that the company is going all-in on crypto. The world’s largest payment processor is making every effort to integrate crypto services into its system. Possible Stablecoin and Digital Wallet At the World Economic Forum, Vice President

May 23, 2022 1 min read

Bitcoin Rallies to $30K – Will the Bear Markets End Sooner?

Bitcoin is up for a relief rally trying to develop resistance at $30k. Bitcoin has been trading up 1.52% in the last 24h. The overall crypto market has been exhibiting dynamic downtrends ever since the start of May. Bitcoin, Ethereum, and all other altcoins have mostly traded only in the

May 23, 2022 2 mins read

RBI Governor Shaktikanta Das Reaffirms Stance Citing Recent Crypto Crash

The RBI has not reportedly placed any shadowban on exchanges. The influence of cryptocurrencies on India’s macroeconomics has been frequently raised. As the cryptocurrency market continues to plummet, RBI governor Shaktikanta Das reaffirmed the central bank’s view that investors and the government should avoid investing in cryptocurrencies. During an interview

May 23, 2022 1 min read

Will the US Take a Strong Stance on Bitcoin Regulation?

Tech industry contributes 9.3% to the US economy.   33257 Bitcoin (BTC) ATMs are installed in the nation. The United States is the largest base for numerous tech companies, making the nation the giant tech base. As per the report from CompTIA, an American trade association, the US tech industry raised

May 23, 2022 2 mins read