The decision to add XRP to SBI’s payment options comes as no surprise given that the two companies are on a joint venture to promote the use of XRP in Asia. A used car exporting company in Japan has s...
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Bitcoin Just Dropped Below $30,000—What Drove This Latest Decline?
Bitcoin prices plunged below the $30,000 level today. getty Bitcoin prices have suffered some heavy losses lately, falling to less than $30,000 during a day where risk assets experienced a broad sell-...
El Salvador Buys Another 500 Bitcoin Amid Market Pullback
El Salvador president Nayib Bukele has announced another Bitcoin purchase amid the current crypto market turmoil. Over Twitter, Bukele claimed to have bought exactly 500 Bitcoin for an average of $30,...
Crypto Assets Such As Bitcoin Have an Enormous Ecological Footprint, Asserts ECB’s Top Exec ⋆ ZyCrypto
Advertisement     The European Central bank has restated its disdain for Bitcoin and other proof-of-work mining consensus networks, insisting that the crypto mining se...
UST peg protection on as Luna deploys $1.5b loan in BTC
Luna Foundation Guard will loan $1.5 billion in Bitcoin and UST to proficient market producers It will take UST back to equality with the dollar as it fell on the previous day A few key industry fig...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath – Featured Bitcoin News
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocu...
El Salvador buys 500 as Bitcoin price plunge towards $30,000
President Nayib Bukele’s El Salvador government has again invested in 500 more Bitcoin as the price of the number one crypto asset continues to spiral down to $30,000. The president of the Central Ame...
Bitcoin Exchange Inflows Hit Three-Month High As Market Braces For More Downside
Bitcoin exchange inflows have been on the rise recently. Although there was a period where it had tapered off, it had continued to rise once more. The culmination of this has been a massive inflow int...
Bitcoin Whales Shrinking the Fear and Greed Index in Extreme Fear
Whales holding should have at least 1,000 coins and exchange inflows over 1.7 million. The Fear & Greed Index dropped from 18 to 11 points. On Sunday in a row Bitcoin (BTC) sank for the fourth con...
Bitcoin and Ethereum Down Over 50% From All-Time Highs
Having spent the last five weeks in decline, the industry’s largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are currently down roughly 50% from their all-time highs posted dur...
BTC/USD Probing 2022 Lows: Sally Ho’s Technical Analysis 10 May 2022 BTC
Bitcoin (BTC/USD) encountered additional downward pressure early in the Asian session as the pair recently traded as low as the 32635 area, representing a test of the 61.8% retracement of the apprecia...
Bitcoin Mixer obfuscates the data linking users to Bitcoin transfers
The advent of Bitcoin and other cryptocurrencies is certainly one of the biggest inventions of our generation. Unlike fiat or paper-based money, Bitcoin is unregulated, decentralized, and operates wit...
Terra’s LFG To Loan 750M UST To Accumulate Bitcoin As Crypto Market Loses Over $170 Billion In A Day ⋆ ZyCrypto
Advertisement     The Luna Foundation Guard (LFG) announced today that it would be deploying $1.5 billion in capital aimed at protecting Terra’s UST reserves even as t...
Ethereum Miners Surpass Bitcoin Miner Revenue By $224M
After the continuous sink in the mining profitability of both digital assets year-on-year, Bitcoin miners have been set back to seats as Ethereum miners consecutively surpassed them in mining revenue ...
Bitcoin energy utilizations story irks many
Bitcoin’s standard standing has gone from idiosyncratic web cash to unjustifiable speculative venture It is also a definitive store of significant value for many investors Bitcoin’s energy utilizati...
Stablecoin CRASH! Terra UST crashes amid Bitcoin Bear, what happened?
The Terra foundation had a successful launch of its stabelcoin UST. However, when the crypto market started to crash, Terra entered hot waters as UST loses its peg and slips to a current price of $0.8...
Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg
Luna Foundation Guard (LFG) said on May 9 that it will lend out $1.5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the U.S. dollar. Terra’s UST suffered a coordi...
Bitcoin crypto embraced by institutions; reporting lags behind
Bitcoin and other cryptocurrencies have begun the discussion to accept it quickly Around the idea of blockchain and crypto for organizations the most recent quarters The number of associations embrac...
El Salvador Buys 500 Bitcoin Amid Market Slump
Key Takeaways Nayib Bukele tweeted today that El Salvador accumulated 500 more Bitcoin today in its largest-ever purchase. It bought Bitcoin for an average price of $30,744, its lowest price since the...
Luna Foundation Guard Loans $1.5B in Bitcoin, UST to Protect Stablecoin
Drastic times call for drastic measures. And today, the Luna Foundation Guard (LFG), a non-profit supporting all things Terra (LUNA), has voted to lend $1.5 billion in crypto to protect its native sta...
Over $300 Million Liquidated in an Hour as Bitcoin Plunged to $31K
More carnage swept through the crypto markets today, with another $300 million worth of trades liquidated within an hour. This happened as Bitcoin’s price plunged as low as $31,000 – its lowest level ...
Bitcoin Closes In On January Lows — 50% Below Its All-Time High ⋆ ZyCrypto
Advertisement     As central banks continue to raise rates to rein in prices, investors pull out funds from perceived risky assets. The combination has led to a slump ...
Following El Salvador, the Central African Republic Declares BTC Legal Tender
The Central African Republic (CAR) has become the second country after El Salvador to declare bitcoin legal tender. Customers can walk into any store or company and purchase goods and services with bi...
Central African Banks Not So Favourable Of CAR’s Bitcoin Adoption
The governor of the Bank of Central African States issues a letter to CAR that talks about its crypto adoption. Seems like the Governor is not so inclined toward cryptocurrencies. The CAR’s adoption...
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93 – Bitcoin News
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.9...
Bitcoin Slips Below $33k As Exchange Inflows Reach Highest Value Since July 2021
Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k. Bitcoin Exchange Inflows Spike Up To Highest Value Since July...
Luna Foundation Guard just moved $1.4 billion Bitcoin to an exchange
The Luna Foundation Guard is moving billions of Bitcoin across the blockchain.The wallet address “bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q” held 42,530 BTC but today, May 9 at 6:...
Where To Buy Bitcoin At 26% Off Regular Price
Here’s a scorecard on eight ways to own crypto. The most intriguing: a low-cost coin trust available at a nice discount. Are you interested in virtual currency, now trading at half the price it had la...
Bitcoin price: Analyst points to 16-month range bottom at $28k-$32k
Bitcoin’s slump continued on Monday, with the flagship cryptocurrency suffering a more than 10% dip intraday to fall as low as $30,527. The bleeding with the crypto markets followed last week’s drawdo...