After a few days of intense selling pressure, the whole cryptocurrency industry rose in the last day. Bitcoin saw a precipitous fall all the way to about $40,500 on December 12 after breaking above $44,000 last week. Nonetheless, Bitcoin’s price increased and is now hovering around the $43,000 level. A
Bitcoin, the leading cryptocurrency by market capital, has been a pivotal force over the past week, reaching $44,705—an unprecedented peak in nearly two years. However, the recent two-day spell marked a slight volatility, causing the price to fluctuate within the $42,000 to $40,000 range. Today, BTC has surged by 5%,
U.S Senator Elizabeth Warren has been an outspoken opponent of the crypto sector, and she has now introduced a bill to make it more subject to regulation. Titled the “Digital Asset Anti-Money Laundering Act of 2023,” the measure requests that the United States Financial Crimes Enforcement Network (FinCEN) establish protocols
The long-awaited Bitcoin bonds from El Salvador, dubbed “Volcano Bonds,” are reportedly set to emerge in early 2024, according to reports. A statement from The National Bitcoin Office (ONBTC) dated December 11th said that the Volcano Bond is expected to debut in the first quarter of 2024, after recently being
A turbulent start to the week as major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), faced a bearish trend in intraday trading. BTC saw a significant dip of over 5% in the 24 hours, reaching a low of $41,649 before recovering to $42,510, as per CoinMarketCap data. Data from CoinGlass revealed
MicroStrategy’s approach to Bitcoin has been successful so far. After implementing this method , MicroStrategy’s (MSTR) stock price skyrocketed. Michael Saylor, Chairman and Founder of the organization, published a chart snapshot that showed how MSTR has performed since August 10, 2020, when MicroStrategy started investing in Bitcoin. Stocks in MSTR
Total crypto market cap has increased by over 110% YTD, adding over $870B, with a significant 55% gain in Q4 alone, according to a new analysis by Binance Research. This upturn may indicate a change in market patterns, after a long period of inactivity following the cryptocurrency market’s 2021 peak.
On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,
A new citizenship-by-investment scheme in El Salvador has been created. It offers a residence permit and a road to citizenship to 1,000 individuals who are ready to shell out $1 million worth of investment in the nation in Bitcoin or USDT. The cost of citizenship in the Bitcoin-friendly nation starts
The cryptocurrency markets have surged from a period of consolidation, showing an upswing since the commencement of the final quarter. Over the past few days, the crypto sphere witnessed the liquidation of more than $120 million in leveraged Bitcoin positions, propelling the BTC price beyond the $44,280 mark. Additionally, Robinhood
