After an intense episode of altcoins’ crash, cryptocurrency prices display their recovery rallies. Most importantly, Bitcoin’s (BTC) price marked its retracement into the $26,000 zone. Last week, Bitcoin recorded its lowest weekly closing over the past 3 months. According to the data from TradingView, the BTC price closed at $25,350.
Twitter founder Jack Dorsey has given his first interview since stepping down from the board last year. He hopes that the social media platform Twitter adopts technology like Nostr and the world’s largest cryptocurrency by market capitalization, Bitcoin. On Monday, Jack Dorsey gave an interview on a YouTube channel. In
Senator Cynthia Lummis of the United States made headlines when she turned to Twitter to promote her efforts to create a legislative framework. That would allow people and businesses to own and trade digital assets inside the United States. Lummis has been collaborating with Senator Kirsten Gillibrand on a new
Tether, the issuer of the world’s largest stablecoin by market capitalization (USDT), has announced that it took part in the first round of a new billion-dollar renewable energy initiative in El Salvador. Moreover, it is looking to invest $1 billion to build the world’s largest Bitcoin mining farms. Tether Energy
The crypto market has experienced a lot of ups and downs since the start of 2023. Among the other cryptocurrencies, Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the 2023 year with a strong bullish trend. BTC has reached the 30K mark at the start of the year. However,
Well-known Bloomberg analyst Mike McGlone is skeptical about Bitcoin’s recent price movement. McGlone issued his June Crypto Outlook report, which predicts a catastrophic decline for the flagship cryptocurrency and the whole crypto market in the next months, lending more support to his prediction. The senior macro analyst at Bloomberg Intelligence
The unemployment rate in the United States rose to 3.7% in May, according to the latest figures from the Bureau of Labor Statistics (BLS). In addition, there were an additional 339,000 nonfarm payroll employment created for the economy last month. The increase this month is a 0.3% growth, bringing the
As the cryptocurrency market evolves, an in-depth analysis of Bitcoin’s on-chain metrics provides unparalleled insights into the network’s health, investor behavior, and potential price trends. In their latest report, Glassnode, a leading blockchain analytics firm, delves into various key factors shaping Bitcoin’s current landscape. Our latest #Bitcoin on-chain analysis video
In an era where disruptive technologies are redefining financial boundaries, cryptocurrency, particularly Bitcoin, has emerged as a game-changer. No country illustrates this paradigm shift better than India, which has witnessed an astounding 2700% increase in new Bitcoin users over the past three years. According to reports, the dawn of India’s
Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the focus of the crypto space to a great extent. Remarkably, crypto exchange Binance is on the frontline investigating the possibilities of onboarding BRC-20 to augment Bitcoin’s NFT era. Notably, Leonidas, a popular Ordinals member on Crypto Twitter, magnified the
