3 hours ago | 2 mins read Bitcoin News Billionaire Michael Saylor’s MicroStrategy acquired 4,827 bitcoins. MicroStrategy shares fell on June 13 as a result, which came as no surprise. The price of bit...
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El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k
? Want to work with us? CryptoSlate is hiring for a handful of positions! El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, ...
Bitcoin Price on Verge To Drop Below $20K as MicroStrategy Liquidates $103M Worth BTC
Alongside Bitcoin’s drop under $25,000, it is important to recall MicroStrategy’s CFO’s comments. The comments were regarding the possibility of getting a margin call at $21,000 on the company’s huge ...
Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. The leading cryptocurrency was down by 9.94% in the last 24 hours to hit $22,668 during ...
Brazilian Congressman introduces bill recognizing Bitcoin as means of payment
Despite the cryptocurrency market going through a bearish trend, cryptos are becoming more popular and adopted around the world as an alternative to traditional assets, with some countries looking to ...
Microstrategy $1 billion underwater on its bitcoin holdings
Michael Saylor’s MicroStrategy is around $1 billion in the hole after bitcoin plummeted in price. Nevertheless, the billionaire CEO remains optimistic on the future of the number one cryptocurrency an...
Ready to Win $100K in Bitcoin? – Sponsored Bitcoin News
sponsored Do you want to win $100,000 in BTC? Yes, that’s right – Dohrnii DAO has recently announced a major crypto giveaway! In celebration of the DHN token launch, and the promise to give back to th...
Celsius Network Struggles To Stay Afloat With Mounting DAI Debt As Bitcoin Price Drop Threatens Heavy Liquidation
– Advertisement – Bitcoin’s price decrease is pressuring the Celsius Network into taking on more DAI debt as it battles to tablelike its ecosystem. Bitcoin’s downward price action is thr...
Is the Bitcoin Crash over? Or will Bitcoin price reach $10,000?
After a brief consolidation, most crypto enthusiasts expected crypto prices to recover. However, this did not occur as the crypto market continued its bearish trend. Crypto prices have been on a decli...
Bitcoin (BTC) Bounces by 12% Following Drop to $20,855
Bitcoin (BTC) bounced significantly after reaching a low of $20,855 and has possibly completed its corrective structure. BTC has been falling since it broke down from an ascending support line on June...
MicroStrategy may be forced to sell part of its BTC holdings or add more collateral
Software company MicroStrategy Incorporated (NASDAQ: MSTR) is facing a possible margin call as part of maintaining its Bitcoin-backed loan amid ongoing high market volatility. Notably, the company, wh...
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent market...
Crypto Market Would Turn dreadful if Bitcoin and Ethereum Breaches This Level
It has been a season of sell-offs in the fast-evolving market. The global cryptocurrency market has suffered its worst crash of this year. The total cryptocurrency market cap has fallen below the $1 t...
Crypto Markets Erased $300B in Days, Bitcoin Dipped to $20.8K: Market Watch
Bitcoin kept plunging in the past 24 hours to a new multi-year low of under $21,000. Most of the altcoins followed suit with massive price losses. ETH is among the leaders in this adverse trend as it ...
BitMex Founder Sees Carnage If Bitcoin, Ethereum Breach These Levels
BitMex founder Arthur Hayes said the Bitcoin and Ethereum could be primed for severe losses if they dropped below a certain level. For Bitcoin, Hayes sees a drop below $20,000 causing a spot-selling c...
Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action – Bitcoin News
Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have rep...
Celsius adds more collateral amid market sell-off to protect their Bitcoin from liquidation
As the price of Bitcoin (BTC) continues to plunge, in line with the bearish trend of the entire cryptocurrency market, the crypto lending firm Celsius Network has been making last-ditch efforts to pro...
Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
Bitcoin’s (BTC) month-long choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The move took place as equities ma...
El Salvador’s Finance minister Downplays Bitcoin Price Fall Risk Associated
47 mins ago | 2 mins read Bitcoin News El Salvador’s government has bought 2,301 units of cryptocurrency in total. An $800 million bond issued by El Salvador is due in January 2023. Alejandro Zelaya, ...
Bitcoin plunge spells trouble for Michael Saylor’s MicroStrategy
Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part...
Bitcoin’s price lost 16% of its value on Monday
Bitcoin Analysis Bitcoin’s price closed its daily candle at its lowest level since December 16th, 2020 on Monday. When traders settled up to close Monday’s session BTC’s price was down nearly 16% and...
NY Mayor urges Governor to reject law banning Bitcoin mining in the state
New York City mayor Eric Adams has called on the state’s Governor Kathy Hochul to reject a bill that placed a two-year moratorium on Proof-of-Work (PoW) crypto miners who do not use 100% renewable ene...
Over $1,300,000,000 in Crypto Liquidated in Last 24 Hours As Bitcoin Threatens To Breach $20,000
More than a billion dollars worth of crypto assets are being liquidated as Bitcoin (BTC) threatens to trade below $20,000 and print a low last seen in December 2020. Cryptocurrency futures trading and...
Here’s Why A Celsius Liquidation Spells Doom For Bitcoin
Beleaguered crypto lender Celsius was seen adding more Bitcoin on DeFi platform MakerDAO to lower the price at which its position will be liquidated. The lender, which recently suspended withdrawals d...
What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K
Bitcoin was recently trading at about $22,500, down more than 16% over the past day. As for major altcoins, the question wasn’t whether they were in the red but by how much. Ether, the second la...
Bitcoin Holdings in Canada Has Doubled
Bitcoin News Bitcoin touched its $21,000 level after one year. Canada has 1.2 million cryptocurrency users. In 2021, Canada witnessed the wider cryptocurrency adoption which recorded a double increase...
Will Bitcoin (BTC) Price Drop Below $18K In Next 24 Hours?
The Crypto bloodbath continued wiping nearly $100 billion has been wiped out from the crypto markets in a day. The global crypto market cap is below $1 trillion for the first time since January 2021....
MicroStrategy Bitcoin (BTC) Losses At $1 Billion, MSTR Stock Plummets 25%
Business Intelligence firm MicroStrategy (NASDAQ: MSTR) which has built a huge Bitcoin position on its balance sheet has seen the valuation of its holdings eroding by 25%. As of its latest filing with...
Crypto Market Notices Over $600 Million in Liquidation As BTC Falls Below $25,000
As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in ...
BTC Price Makes an Upward Correction as It Tumbles Above $20.8K
Bitcoin May Resume Consolidation as It Tumbles Above $20.8K – June 14, 2022 BTC/USD plunges to an oversold region of the market as it tumbles above $20.8K.Bitcoin has fallen to the $20,000 psychologic...