Many might have seen Bitcoin’s recent price crash as an indication of its volatility but El Salvador’s President saw this as an opportunity to increase the country’s stash of the digital asset.El Salvador buys the dipPresident Nayib Bukele, in a tweet yesterday, revealed that the Central American country bought 420 additional BTC, which is worth around $25 million, thereby … [Read more...] about El Salvador buys 420 Bitcoin as asset regains $60,000
Regains
Bitcoin regains $50,000 as crypto market creeps above $2 trillion
Bitcoin pumped above $50,000 last night as the broader crypto market regained a $2 trillion valuation, data from multiple sources showed.Such figures were last seen in May earlier this year before a brief two-month correction across the market. Some altcoins even fell as much as -85% from their May highs, but have since crept upwards as euphoria continues to brew around the … [Read more...] about Bitcoin regains $50,000 as crypto market creeps above $2 trillion
BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans
Bitcoin (BTC) came back to life later on July 9 after a whale-induced price dip failed to hold the market down for much more than 24 hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price action returns $33,000 supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping 2% in an hour on Friday, hitting local highs of $33,700 on … [Read more...] about BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans
ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low
The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain.At the same time, the price of ETH has rebounded back above $4,000 on Friday, while Bitcoin (BTC) tries to reclaim $51,000 following this … [Read more...] about ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low