TL;DR Breakdown • Global banking regulators must set aside enough capital to cover any Bitcoin loss.• The Basel Committee on Banking Supervision comprises regulators from the world’s most important financial centers. On Thursday, banking regulators proposed a new strict rule for BTC. This could be a conservative or cautious step that would prevent the widespread […]
Bitcoin is one of the leading cryptocurrencies today. Since its entrance into the financial scene, it has grown. People who bought the virtual currency some years ago and held on to them are richer today. The assets have appreciated over time. Some Bitcoin users may choose to sell off and get their gains while some […]
As of 9:45 a.m. EDT, the global crypto market had plummeted more than 11% over the past 24 hours, falling below $1.5 trillion to its lowest point since a flash crash in May pushed the market down to $1.3 trillion from an early month high above $2.5 trillion. Breaking News, Forbes.com Cryptocurrency investors are surprised by the […]
TL;DR Breakdown Tim Wu is the current technology advisor in the US White House. It is considered that he has 29 to 146 Bitcoins in his ownership. He introduced the term called ‘net neutrality into the world. Cryptocurrencies have been repeatedly seen as a no-go area among many members of US President Joe Biden’s administration […]
TL;DR Breakdown A huge dip in the crypto market was preceded by Bitcoin’s (BTC) fall today. A renowned trader claims that Bitcoin might fall to $20,000. There are no hints for an increase in the price of BTC. Bitcoin has been on the low since May and it looks to continue this trend. The value […]
TL;DR Breakdown • Congressman Carlos Rejala supports the Bitcoin market.• Panama may join the cryptocurrency market following the announcements of Paraguay and El Salvador. A member of the Paraguayan national congress, Carlos Antonio Rejala Helman, said that the nation would be working on a project related to cryptocurrencies. The announcement touched on Bitcoin and how […]
TL;DR Breakdown American hockey announced it now accepts digital currencies including Doge Other sports organizations that have adopted crypto payment In another significant development for the cryptocurrency space, more sports organizations are announcing their digital currency adoption as San Jose Sharks becomes the latest sporting team to add support for several cryptocurrencies. Jonathan Becher, president […]
TL;DR Breakdown Colonial Pipeline hack behind Bitcoin price dip How authorities recovered Bitcoin ransom from hackers Although Bitcoin price has been on a recess over the past week, it has not faced any severe plunge recently like it did in the past 12 hours. Analysts have said that the recent plunge in Bitcoin Price results […]
TL;DR Breakdown Trump says he hates Bitcoin once again Trump’s previous positive impact on Bitcoin The immediate past president of the United States of America, Donald Trump, has voiced his skepticism again about Bitcoin. He reiterated he is not a fan of cryptocurrency because of the threat it poses against the U.S. dollar. The ex-president […]
TL;DR Breakdown MicroStrategy to buy $400 million more Bitcoin How Saylor is making the firm go 100 percent crypto Top American Business intelligence firm MicroStrategy has announced plans to sell $400 million of senior secured notes to buy more Bitcoins. The software firm said it is borrowing $400 million to buy more Bitcoin while also […]