El Salvadaor bought 410 bitcoin for $15 million Friday, the country’s President Nayib Bukele said on Twitter.“Some guys are selling really cheap,” he added in his tweet. It is difficult to verify such claims on the public blockchain, since a buyer of a block of BTC that size would almost certainly have to buy it in smaller chunks to avoid slippage.Bitcoin was down about 12% … [Read more...] about El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
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Augur’s Unpredictable Drop – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Augur’s Unpredictable Drop – CoinDesk
Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High
Meanwhile, the Relative Strength Index (RSI), a price-chart indicator, for bitcoin slid to favorable levels in European trading hours on Tuesday after reaching overbought conditions last Friday. The tool calculates market momentum for assets, and an overbought level implies prices are overvalued and may be primed for a trend reversal or corrective price pullback. Source link … [Read more...] about Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High
Polkadot, Solana, Terra, Lead Large-Cap Losses Amid Market Drop
Meanwhile, fundamentals remain strong for large-cap cryptocurrencies like polkadot and terra. Polkadot’s much-awaited ‘parachain’ feature went live last month, allowing investors and the community to lock up DOT tokens in an auction for other blockchains, that build atop the main Polkadot blockchain. In return, investors receive the native tokens of the secondary … [Read more...] about Polkadot, Solana, Terra, Lead Large-Cap Losses Amid Market Drop
Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers
Bitcoin price dropped to fresh lows today and the brief visit to the $56,000 level resulted in a sharp sell-off in Ether and altcoins.Data from Cointelegraph Markets Pro and TradingView shows that support at $60,000 was breached early on in the U.S. trading session and this allowed bears to briefly take control of the market. BTC/USDT 4-hour chart. Source: TradingViewHere’s … [Read more...] about Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers