Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
President of El Salvador Nayib Bukele recently revealed that the country is exploring ways to mine Bitcoin using energy from its volcanoes.
The charismatic leader announced via Twitter on Wednesday, noting that:
“I’ve just instructed the president of La Geo (our state-owned geothermal electric company) to put up a plan to offer facilities for bitcoin mining with very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanoes. This is going to evolve fast.”
Bukele added in another tweet that:
“Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos. Starting to design a full bitcoin mining hub around it. What you see coming out of the well is pure water vapor.”
The crypto community celebrated the new announcement from President Bukele and saw it as a bullish factor in the benchmark cryptocurrency.
Tens of thousands of Twitter users flooded the tweet by the president, praising him for his pro-BTC stance. Among the commenters was Twitter CEO Jack Dorsey noted that “Bitcoin incentivizes renewable energy.”
Microstrategy CEO Michael Saylor noted that “Bitcoin mining is the world’s best technology for converting energy into prosperity.” He also stated that “Bitcoin incentivizes renewable energy.” tagging Elon Musk.
Key Bitcoin Levels to Watch — June 10
BTC has been immensely bullish over the past 48 hours and has hit a new six-day high at $38,500. However, bulls could not sustain a move above the $38.5 level, which triggered a mild correction to the 200 SMA at $36,200.
That said, bulls need to keep BTC above the 200 SMA and the ascending trendline to resume the bullish journey. A fall below these levels could trigger another bear run, thwarting efforts by bulls.
Meanwhile, our resistance levels are at $38,000, $38,500, and $39,000, and our key support levels are at $37,000, $36,000, and $35,000.
Total Market Capitalization: $1.64 trillion
Bitcoin Market Capitalization: $710.9 billion
Bitcoin Dominance: 43.2%
Market Rank: #1
You can purchase crypto coins here: Buy Coins
- Min Deposit
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- The Lowest Trading Costs
- 50% Welcome Bonus
- Award-winning 24 Hour Support
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus