Bitcoin (BTC) and the broader crypto market have undergone a roller coaster ride in the past 24 hours, leading to the liquidation of over $215 million within the same period. The benchmark cryptocurrency recorded a sharp price surge above the $42,000 mark yesterday following the leak and eventual signing of the highly-anticipated digital asset executive […]
Following its crash from the $40,000 level in early March, some pundits have opined that Bitcoin (BTC) is most likely going to hit $50,000 by the end of March. Though the cryptocurrency has had a choppy trading session from the past few weeks, the CoinMarketCap community asserts that it should stage a +23% rally from […]
CEO of Devere Group Nigel Green has predicted that Bitcoin (BTC) would hit $50,000 by the end of March. Devere operates as an independent financial advisory and asset management company with its headquarters located in the UAE. Green made his bullish projection last Tuesday after BTC surged by over 10% within 24 hours, noting: “As […]
Recent reports show that Bitcoin (BTC) whale accounts, large accounts holding at least 100 and 1,000 coins, have begun massively stacking up on BTC, once again. Meanwhile, BTC accumulation wallets, active BTC accounts that have refused to sell their tokens, have hit a new record high. The financial world has been rocked by a series […]
New on-chain metrics on Bitcoin (BTC) show that the network has recorded a positive feed after reports of non-zero wallets and wallets holding at least one BTC tapped new highs. This positive development comes after whales and other large entities moved significant chunks of their holdings around amid the ongoing Russia-Ukraine war. As the name […]
El Salvador President Nayib Bukele has announced the launch of the Bitcoin (BTC)-built veterinary hospital via Twitter on Saturday, noting that treatment at the monumental hospital would cost only $0.25 worth of BTC. Apart from breaking the record as the first sovereign nation to adopt Bitcoin as legal tender, El Salvador has also spent its […]
Bitcoin (BTC) suffered another wave of sell-off in the Asian session on Thursday, as it fell to the $34,337 low. The rest of the cryptocurrency industry suffered the same fate, as the total market capitalization fell to the $1.5 trillion mark again. Many analysts argued that the $35,000 level was a critical level for the […]
Recent reports from the El Salvador government show that the nation’s tourism sector has grown by over 30% in the last five months since the enactment of the Bitcoin Law last September. The announcement came from El Salvador’s Ministry of Tourism earlier this week, attributing the tourism influx increase to the Bitcoin Law, which saw […]
Bitcoin (BTC) suffered another debilitating blow on Tuesday as it fell to the lower $36,000 end amid the worsening geopolitical tensions between Russia and Ukraine. That said, many analysts now opine that $30,000 could come into view again. Today’s drop to the $36,370 low makes it the third consecutive daily decline for the benchmark cryptocurrency […]
