TL;DR Breakdown Bitcoin turns red and falls into the $57K range. Ethereum slips below $4,200, as BNB, ADA, and VET also decrease in value. FLOW and CRO record gains, as SOL and ATOM, stay green. The fluctuations of Bitcoin and Ethereum are prime examples of the swinging price trajectory in crypto. However, their success shows […]
TL;DR Breakdown Bitcoin price taps $60,000 once again. BTC Market cap exceedes $1 trillion again. Most altcoins remain stagnant over the past 24 hours. Number one cryptocurrency, Bitcoin price has again reclaimed the coveted $60,000 level but quickly dropped below that radar amidst high volatility in the market. After the bears pushed the currency back, […]
TL; DR Breakdown El Salvador will build a Bitcoin City in 2022. Dollar bonds will be used to fund the city. President Nayib Bukele wants investors from overseas. Bitcoin has no doubt cemented its place at the top of the pick in terms of assets that traders can invest in the crypto market. Coupled with […]
TL;DR Breakdown Max Keiser explains that CBDCs are proof government don’t care about people. Says CBDC will only give Central Banks more power of surveillance. Max Keiser, aka Bitcoin Evangelist, has spoken down on Central Bank Digital Currencies (CBDCs), explaining why governments don’t care about the people with the launch of CBDCs. Keiser spoke at […]
TL;DR Breakdown Square has announced the proposal for the exchange of Bitcoin without using any centralized control. tbDEX Protocol will bridge fiat money with Bitcoin and other digital assets. They have shared the tbDEX Whitepaper for public access.  In the recently published Whitepaper, Square has put forward a decentralized bitcoin exchange proposal (tbDEX) to ensure […]
TL;DR Breakdown • Bitcoin drops to $57000 after reaching its ATH in recent weeks.• Long-term investors avoid selling the token in times of panic. Bitcoin reached its maximum price above $69,000 on the 10th of November. BTC lost about 20 percent of its value last week, trading at $55,700. However, the most prominent crypto investors […]
TL;DR Breakdown KuCoin exchange invests $100m in metaverse project. Fund would also be for educational programs to attract more talents. More and more firms continue to join the metaverse frenzy. KuCoin exchange has announced a $100 million Metaverse fund to help develop and support early-stage Metaverse projects. This is as most companies continue to get […]
TL;DR Breakdown Cryptocurrencies plunged on Tuesday, with Bitcoin price sliding towards the $60,000 level and Ether close to its lowest levels of November Analysts attribute this broad market dip to new tax-reporting rules stated in the Infrastructure Bill which Joe Biden signed into law on Monday Another reason for the huge sell-off is speculated to […]
TL;DR Breakdown: A Bitcoin whale just paid $1 to transfer about $900 million in BTC. This is uncommon with fiat and gold.  Bitcoin is currently down by 7.5% to $60,357, according to CoinMarketCap. Hours leading to the time of publication, Whale Alert spotted a series of transfers from a Bitcoin whale initially involving a total […]
TL;DR breakdown Bitcoin wallet addresses now more than bank accounts in El Salvador. Bitcoin recording more success in El Salvador despite heavy criticism at initial stage. More countries looking at adopting Bitcoin as legal tender. Another intriguing news for Bitcoin from El Salvador. President Nayib Bukele of the American country has said that the number […]