Bitcoin drops below $47K, wiping all October gains
As volatility strikes, the price of Bitcoin has dropped to two-month lows. But, with the price of Bitcoin hovering around $42,000, could the bottom be in? Bitcoin (BTC) has dropped below $47,000 in the last 24 hours, dropping roughly 20% of its value. This is the greatest one-day decrease since May 15, when the price […]
El Salvador’s Bitcoin reserve now amounts to 1,270 BTC
El Salvador has accumulated 150 bitcoins when the price of bitcoin fell below $50,000. El Salvador has purchased 150 BTC in the midst of the most severe bear market since Bitcoin hit an all-time high of about $68,000 in the first week of November. Salvadoran President Nayib Bukele announced the acquisition of 150 bitcoins when […]
FTX exchange proposes 10 points to assist the US in developing a crypto-regulatory framework
FTX, a cryptocurrency exchange based in the Bahamas, has released a 10-point proposal that contains a set of principles and ideas to assist the US policymakers in developing a crypto-centred regulatory framework. After Maxine Waters, the leader of the House Committee on Financial Services, asked several CEOs of large crypto firms to speak on the […]