BTC surpasses $50,000 as US CPI data shows the biggest inflation in nearly four decades
Bitcoin (BTC) jumped over $1,000 in seconds on December 10 after the US Consumer Price Index (CPI) data revealed that inflation in November was higher than expected The November CPI is in line with predictions As of Friday, statistics from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at $50,132 on Bitstamp. The pair has […]
Chainalysis sets to enable the Lightning Network bitcoin payments in 2022
Chainalysis will enable the Lightning Network, a layer two protocol on the Bitcoin blockchain, in February 2022 and companies that accept Bitcoin payments using Lightning nodes will be able to use the Chainalysis Know Your Transaction compliance software Chainalysis sets to enable Lightning Network bitcoin payments Chainalysis, a blockchain data platform, will enable the Lightning […]
MicroStrategy now holds almost $6 billion worth of Bitcoin after recent purchase
MicroStrategy has recently purchased $82M worth of Bitcoin, which amounts to an additional 1,434 bitcoins at an average price of $57,477 per Bitcoin. Its holdings are valued at more than $5.9 billion. MicroStrategy, a business analytics consultancy, has added 1,434 Bitcoin to its account after purchasing the cryptocurrency at an average price of $57,477. MicroStrategy […]
Bitcoin Falls Below $50k as Evergrande Defaults on US Dollar Debt
The latest Evergrande panic appears to have a limited impact on the cryptocurrency market as BTC falls below $50k. On December 9, Bitcoin (BTC) remained focused on $50,000 as BTC/USD consolidation continued to avoid last week’s lows. Bitcoin “seems to be on track” According to data from Cointelegraph Markets Pro and TradingView, the pair has […]
Highlights from the crypto market on December 7th, 2021
On December 7th, 2021, Bitcoin broke through the $49,500 resistance mark, while ETH had reached a total of $4,350. SOL is currently trading above $190, while many altcoins have gained more than 8% in the last 24 hours December 7th, 2021: Bitcoin Price It took a while for the bitcoin price to break through the […]