Bitcoin price dips below $43K in minutes
Bitcoin price had a sudden drop in the space of few minutes, making it one of the most volatile days, some people believe it is the activities of whales selling some of their holdings. An $8,000 daily loss leaves the market shaking its head on one of the most volatile days in Bitcoin since the […]
Mining chief says the unstable price of Bitcoin will cause a surge in gold investment
Jake Klein, Evolution Mining’s executive chairman said the volatile nature of Bitcoin may divert investors attention to Gold, while also saying crypto is not mature enough to deliver the established safe haven assurance of the latter. According to Jake Klein, CEO of Evolution Mining, an Australian gold mining company , crypto price volatility will make […]
Robinhood sets to launch new app feature called price volatility protection
Robinhood is planning a new app feature that will help shield and protect investors from volatile cryptocurrency values. According to a Bloomberg article published on Tuesday, the trading app is developing a feature called “price volatility protection,” which will change some crypto orders based on price variations. To protect trades from price volatility, Robinhood “may […]
El Salvadorians protest against Bitcoin law
Salvadorians have taken to protest against the Bitcoin law. They claimed the cryptocurrency was too volatile and even compared it to a lottery. Protesters known as the Popular Resistance and Rebellion Block have spoken out against the government of El Salvador enacting a bill making Bitcoin legal tender. El Salvadorian’s wave posters declaring “no to […]