Bitcoin Trading Volume Plummets Again After recent price increase
Earlier this week, the Bitcoin trade volume increased as the cryptocurrency’s price fell below $40,000. Bitcoin trading volume drops precipitously after a brief surge According to Arcane Research’s most recent weekly analysis, BTC trade volume has lately dropped sharply and is now returning to “normal” levels following the previous rise. The “daily trade volume” is an on-chain […]
Mike Novogratz challenges Peter Schiff to a $1M Bitcoin price bet
Mike Novogratz, CEO of Galaxy Digital, has challenged Peter Schiff, CEO of Euro Pacific Capital, to a $1M Bitcoin price bet. The $1M goes to charity if Bitcoin does not trade above $35,000 in a year’s time. Novogratz has offered the most frequent Bitcoin doom prophet a $1 million wager over the latter’s oft-repeated prediction […]
Bitcoin drops below $35,000 for the first time since August
As the global market selloff spreads, cryptocurrencies were not left out as Bitcoin and other altcoins have also had their fair share of the market’s downtime. On Saturday, bitcoin values hit levels not seen since August, as a selloff in risky assets spread to cryptocurrencies. Bitcoin has already lost more than half of its value […]
El Salvador adds 410 Bitcoin to its treasury at the cheapest rates ever
El Salvador has added 410 Bitcoin (BTC) to its reserve at approximately $36,585 per BTC and a total of $15 million. This is the cheapest rate the country has ever bought as BTC values fall below $37,000. President Nayib Bukele revealed the latest contribution to El Salvador’s BTC reserve , confirming that 410 BTC were […]
Trader warns BTC may break through the $30K lows of September
BTC/USD fell to $40,938 on Bitstamp overnight, according to TradingView data – its lowest level since September. Bitcoin could be aiming for a price over $42,400,000 The pair temporarily recovered at $42,000 but then continued to fall, surpassing the December liquidation cascade’s floor. Traders discussed the possibility of a similar crisis occurring, with specific objectives including […]