Asian stock market sell-off on Monday adds to the volatility of Bitcoin and cryptocurrency
The recent volatility in Bitcoin and the broader crypto ecosystem coincides with a significant sell-off in the Asian stock market in the early trading hours on Monday Following a slight recovery from last Saturday’s massacre, the broader crypto market came under pressure again in early morning trade on Monday. As of the time of writing, […]
Report: Central Bank of Indonesia aims to fight Bitcoin with its own CBDC
The Central Bank of Indonesia intends to fight Bitcoin (BTC) with its own CBDC as they feel that CBDC is more reliable than BTC or other alt-coins. The Bank of Indonesia aims to compete with Bitcoin using its own central bank digital currency, since it sees CBDC as a superior financial instrument to private cryptocurrencies, […]
Crypto whales move more than 5,800 bitcoins to Coinbase and Binance
Crypto whales sent over 5,800 bitcoins worth over $327 million to a single location. Among these transfers involved BTC from an unknown wallet to Coinbase. Another transaction transported Bitcoin from Binance to Coinbase According to Whale Alert, crypto whales recently sent over 5,800 bitcoins worth over $327 million to a single location. In a series […]
Reasons for the crypto market’s biggest liquidation day in 15 months
In the last 24 hours, the crypto market saw its biggest liquidation which led to a downward trend in the prices of most cryptocurrencies including Bitcoin. This singular move led to the market having its worst day in the past six months. Over $2.5 billion worth of leveraged positions were liquidated in the crypto market […]
Crypto users urge Tesla to continue accepting BTC payments
Bitcoin mining is reaching 57% renewable energy , which is why so many crypto users are pushing Tesla to keep paying in BTC Crypto users urge Tesla to continue accepting BTC payments According to recent reports, bitcoin mining is now using 57 percent green energy, which is why so many crypto users are urging Tesla […]