After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades above $26. Bitcoin Sits Still at $42K It’s safe to say that the past few days didn’t go well for the primary cryptocurrency. On January 5th, it traded at $47,000 after failing to overcome $48,000 despite numerous attempts. This is where the landscape changed rapidly for the worse....
Read More »New York City’s Mayor Reaffirms: Will Get His First Three Checks in Bitcoin
Eric Adams – the newly-elected mayor of New York City and apparently a bitcoin bull – displayed his support for the primary cryptocurrency once again. He opined that the recent price drop could provide certain opportunities for investors and reaffirmed a previous stance indicating that he will get his first three paychecks in BTC. First Three Paychecks to be Paid in BTC It is safe to say that Big Apple’s new mayor hasn’t changed his stance on BTC despite the most recent price...
Read More »Melania Trump Unveils New NFT Crypto Project
It appears First Lady Melania Trump likes bitcoin. She was just one of several people over the past day or so to congratulate the world’s number one digital currency on its 13-year anniversary. Melania Trump Is the Newest “Face” of Crypto Melania put out the following tweet: It is widely reported that bitcoin’s market cap exceeds USD $1 trillion. Today marks the 13th anniversary of the bitcoin genesis block. Happy anniversary, #SatoshiNakamoto, #MelaniaNFT. The First...
Read More »Kosovo Says “No” to Crypto Mining, Follows in China’s Footsteps
The European nation of Kosovo has banned all bitcoin and crypto mining as a means of saving electricity. The country is currently facing one of the worst energy crises it’s ever experienced, and it’s allegedly due to production outages. Kosovo Becomes the Next Country to Ban BTC Mining Artane Rizvanolli – the economy and energy minister – explained in a statement: All law enforcement agencies will stop the production of this activity in cooperation with other relevant...
Read More »Matt Hougan: The Government Won’t Harm Bitcoin
Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulate it and get in the way of its potential success. Matt Hougan On BTC: It’s Not Going Anywhere However, Hougan was quick to say that the U.S. has no choice but to “play along” when it comes to bitcoin, and that the currency’s size and scope really gives them no choice. The...
Read More »2022 Opens in Red: BTC at 3-Month Low on Fed Balance Sheet Reduction Plans (Weekly Recap)
The first week of 2022 is starting off rather dramatically for Bitcoin and the rest of the cryptocurrency market, the total capitalization of which is down about $240 billion in seven days. This comes as the US Federal Reserve revealed plans to start reducing its balance sheet, which may start as soon as the next several months. It’s safe to say that the Bitcoin price has seen better days. Down about 12.5% since this time last week, BTC currently trades at around $41,400. For...
Read More »Fed’s Hint at Tightening Monetary Policy Pushes Bitcoin (BTC) Price Below $42K to 3-Month Low
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Read More »Lancement de la version bêta de Condensat, une banque Bitcoin
Julien Guitton a annoncé cette semaine le lancement de la version bêta privée de Condensat, une banque Bitcoin dédiée aux entreprises, aux commerçants qui souhaitent accepter le bitcoin et aux particuliers. Règlementée en Suisse, Condensat ambitionne d’offrir une solution simple dans son utilisation comme dans son modèle d’affaires (0,2% sur les transactions sortantes), notamment à toutes les sociétés qui, parce qu’elles travaillent...
Read More »Cantaloupe Survey: Many People Want to Use BTC for Purchases
Per a new survey conducted by Cantaloupe, more than a third of users between the ages of 18 and 54 own cryptocurrency. However, this isn’t the big clincher. The good news is that approximately 67 percent of those taking part in the study said that they are willing and able to use their digital currency for purchases if their money is linked to a mobile wallet. Another 19 percent said they would consider using crypto for payments if they could do so through a mobile...
Read More »Back Again: 3rd Largest Bitcoin Whale Swallows Another $24M Worth of BTC During the Dip
While the recent plunge has put the crypto community into a state of panic, one HODLer is taking advantage. The third-largest Bitcoin whale just bought the dip, putting his stack over 121,000 BTC. On January 4th, the whale’s address added another 372 Bitcoin. The sum was purchased for $17,122,242.1 at the time. This was a follow-up to an even larger purchase from a day earlier, when he bought 456 Bitcoin for an average of $46,363 each. Bitcoin’s price plunged below $43k on...
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