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Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys More Bitcoin El Salvador’s Bitcoin Law came into … Read more
Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000. Go to Source Powered by WPeMatico
After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K Crypto advocates … Read more
Volatility returned to the cryptocurrency market in a ‘buy the rumor, sell the fact’ scenario for Bitcoin. El Salvador appears unfazed as President Nayib Bukele bought the dip. Go to Source Powered by WPeMatico
Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM. Go to Source Powered by WPeMatico
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society. Go to Source Powered by WPeMatico
ROSE, PRQ and AVA price soared after a key trading metric signaled that ‘altseason’ is here and BTC moved to $52,000. Go to Source Powered by WPeMatico
German funds and asset managers are expanding their horizons crypto investments now that the nation has more favorable laws governing Spezialfonds. Go to Source Powered by WPeMatico
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. Go to Source Powered by WPeMatico
The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure if bitcoin’s price will continue to be … Read more