On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions...
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Bitcoin (BTC) Price Finds Support at $30K After Recent Bloodbath
4 hours ago | 2 mins read Bitcoin News BTC momentarily fell to $29,000 before regaining its previous level of $30,000. Bitcoin has been down 5.18% in the last 24 hours. After a week of severe consolid...
Canadian Bitcoin Firm, Shakepay, Gains New Security Certificate
Shakepay, a Montreal-based technology company that enables Canadians to buy and earn bitcoins, has gained the System and Organization Controls (SOC) 2 Type 1 security attestation. SOC is an audit of a...
El Salvador buys the dip – picks up 500 BTC worth roughly $15.5M for reserves
El Salvador just added another 500 Bitcoin (BTC) — worth roughly $15.5 million — to its reserves after the world’s most popular cryptocurrency fell to almost $30,000 on May 9. President Nayib Bukele a...
Bitcoin Traders Can Expect a 75% Drop From ATH, BTC Price Can Find Bottom At This Level
The cryptocurrency market witnessed a bloodbath on Tuesday amid global markets crash and diminishing risk appetite of investors. Following a 5% percent decline, Bitcoin Price breached the $30,000 mark...
TRON DAO Reserve Bought BTC and TRX for $60 Million Amid Market Crash
Amid the market meltdown, the team behind the TRON DAO Reserve announced two acquisitions for the project’s stablecoin. Additionally, they welcomed Ankr as the fourth member of the Reserve. The past f...
As Prices Plummet, Tron Buys 500 Bitcoin For Its Stablecoin Reserve
Tron founder Justin Sun said on Tuesday that the blockchain had capitalized on a recent drop in Bitcoin (BTC) prices and bought 500 tokens. The tokens were purchased for $15.5 million, representing an...
Did Bitcoin, Ethereum, XRP, Solana Price Hit Bottom? » NullTX
After the Fed raised interest rates to unprecedented levels last week, the stock and crypto markets experienced significant losses. This week, Bitcoin, Ethereum, XRP, Solana, and other major cryptocur...
Luna Foundation Guard Empties $2.2B Bitcoin Wallet to Save UST
The Luna Foundation Guard (LFG), a non-profit organization aimed at bolstering the Terra blockchain, has recently emptied $2.2 billion worth of bitcoin from its Bitcoin reserve to save the Terra stabl...
Bitcoin (BTC) investors panic as terraUSD (UST) sinks below $1 peg
Bitcoin is now down 50% from its November all-time highs. Artur Widak | Nurphoto | Getty Images Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its i...
House purchased with Bitcoin for the first time in Kentucky’s largest city
As the adoption of cryptocurrencies around the world and across spheres of life continues, it becomes particularly noticeable in various purchases, including real estate transactions – using Bitcoin (...
El Salvador Buys the Dip, Adding 500 BTC to State Coffers
El Salvador capitalized on bitcoin’s (BTC) dump below $31,000 yesterday by adding another 500 coins to its holdings. According to a tweet from its president, El Salvador took the opportunity to add $1...
Bitcoin reversal or further downside? The answer is thought-provoking
Bitcoin’s price trajectory has taken a full-blown hit. Recently, Bitcoin broke down from its support of $33,610 which was a multi-month higher low dating back to mid-2021. Thus, leaving a sense of unr...
$2 Billion Bitcoin Sold to Stabilize Crashing UST Dollar – Trustnodes
The dollar stablecoin UST crashed to $0.68 in one of the biggest depeg ever seen in this space. The stablecoin has now somewhat recovered, but it is still down to $0.91 from its supposed $1 per coin e...
Bitcoin (BTC) Price Recovers To $32K As Whales, Institutions Buy The Dip
Bitcoin’s (BTC) price showed a mild recovery after crashing below $30,000 on Monday . Whales and institutional traders are seen accumulating BTC at lower prices. It has resulted in the BTC price recov...
HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews – Press release Bitcoin News
press release PRESS RELEASE. Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a grant to VeritaTrust to power on-chain reviews. Following the announce...
Terra’s LFG To Provide $1.5B In BTC And UST To OTC Traders: To Protect Stablecoin’s Peg
The LFG has signified that it would lend out BTC and UST to protect the stablecoin’s peg to the dollar. Recently the UST saw an attack that led to the de-pegging for a brief duration. You ...
El Salvador President Says His Country Could Sell Recently Bought 500 BTC To Make Million Dollars “But Of course Not”
– Advertisement – Bukele boasts that El Salvador would make profits if it sells its recently bought 500 Bitcoins. BTC price is in a dilemma but El Salvador’s president and Tron founder rem...
Bitcoin Price Falls Below $30,000 as Markets Show Signs of Panic
The price of Bitcoin fell by more than 11% in 24 hours to dip below the $30,000 mark for the first time since July 2021. It’s more than 55% lower than its all-time high of $69,000, set last Nov...
Bitcoin Witness A Massive Exchange Inflow! Is BTC Price Heading to $20k Level?
In the early hours today, Bitcoin had slumped below $30,000 for the first time since July 2021 as the global cryptocurrency market is descending with the decreased interest of investors and surging in...
Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’ – Emerging Markets Bitcoin News
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry....
Bitcoin retests key $30K support zone as data highlights BTC whale accumulation
Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified, with bears pushing Bitcoin (BTC) to $30,334, its lowest price since July 2...
Traders Moved Record-Breaking $5.6 Billion Worth of BTC on Exchanges Amid Market Turmoil
Arman Shirinyan Record-breaking $5.6 billion in Bitcoin flowed on centralized exchanges as traders were leaving the market in panic Cryptocurrency traders provided the largest inflows to cryptocurrenc...
$280 billion outflows Bitcoin’s market cap as it fails to capitalize on 2022 crypto adoption
While the current bearish pattern of the entire cryptocurrency market continues, its major asset, Bitcoin (BTC), has been recording steady losses in terms of price and market capitalization recently, ...
Bitcoin sinks below $32K – time to accumulate or jump ship?
The Bitcoin Rainbow Chart dips into the ‘Accumulate’ zone following a miserable run of six consecutive weekly red candles. As of press time, Bitcoin (BTC) was trading at $31,368.20. Since May 5, BTC h...
This is Why Bitcoin (BTC) Price Dropping Below $20k is Minimal
Today, cryptocurrency prices extended their losses, with Bitcoin trading below $31,000. The largest cryptocurrency by market cap fell more than 8% to $29,763. According to CoinGecko, the global crypto...
3,000 Bitcoin ATMs were installed globally in 2022 more than 20 a day
As cryptocurrency use becomes more mainstream, the sector is putting in place infrastructure to facilitate the transition, such as Bitcoin ATMs. Despite the fact that the cryptocurrency market is now ...
Liquid NFT: Next-Gen Bitcoin Mining Technology At Your Fingertips
The world of cryptocurrency has always been, and will always be one which welcomes improvements, changes for the better and of course embraces the growth and implementation of cutting edge technologie...
Luna’s BTC Reserves Gone as Exchanges Halt UST Withdrawals Amid Turbulent 24 Hours
The latest move by the cryptocurrency exchange comes after LFG decided to lend $1.5 billion in BTC and UST to defend the latter’s peg. Binance has announced temporarily suspending LUNA and UST tokens ...
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising questions about its ultimate destination on a day that has seen Bi...
Bitfinex Commentary: Bitcoin To Witness More Sell Off?
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