Bitcoin miners successfully mined the 700,000th block of the network, an achievement that is widely looked upon as a major historic milestone in September.Bitcoin’s circulating supply amounts to 18,816,787 BTC and currently trades at USD 48,009, in defiance of its critics with Block Height at around 1,276 transactions embedded within …
Read More »U. S. Prominent Businessman: Cash Is Trash, Governments Don’t Want Cryptocurrencies to Succeed
U. S. prominent businessman Ray Dalio warned investors against too much dependence on cash. At the same time, he warned those who own some Bitcoin that they are encountering some danger, because governments could destroy the crypto market.“First, know cash is trash, so don’t keep it in cash,” Dalio, the …
Read More »NBA Star Grabs Attention with Crypto Message
Stephen Curry, star of the National Basketball Association (NBA) league, who plays for the San Francisco, California-based Golden State Warriors, recently attracted the attention of crypto enthusiasts after asking for advice. “Just getting started in the crypto game…y’all got any advice??” Curry tweeted on Tuesday. Afterward, Curry retweeted an announcement …
Read More »Cryptocurrencies Rebound by Limiting Losses
Cryptocurrencies managed to reduce their losses on Tuesday, after sharp declines earlier in the session. Bitcoin, the world’s largest crypto and digital currency in terms of market capitalization, is currently down by about 10.8% at $46,642, after plunging earlier today below $43,000. Bitcoin recently stagnated and couldn’t strongly break above …
Read More »Bitcoin Down 4%, Ethereum Down 6%
Cryptocurrency sell-off widened Tuesday, September 7, while Bitcoin shed nearly 4% while its smaller rival, Ethereum, shed more than 6%. Bitcoin, the world’s largest and most popular cryptocurrency, fell 4% to $50,516, after rising to its highest level since mid-May above $52,000 earlier, in Asian trading. Ethereum fell more than …
Read More »Bitcoin Trading a Little Below $47,000
Most cryptocurrencies are showing a negative performance on Monday, led by Bitcoin. The world’s largest digital currency in terms of market capitalization is trading down for the day by 3.87% at $46,761.30, extending its losses over the past seven days to 5.3%. Meanwhile, Ethereum and XRP are down by 0.7% …
Read More »Did You Know Messi is Getting Paid in Crypto?
Argentinian football player Lionel Messi, who recently completed a move to Paris Saint Germain, is partially paid in cryptocurrency, according to media reports. The French capital club has agreed a two-year deal with the former captain of FC Barcelona with an annual salary of $41 million, a sum that could …
Read More »PayPal to Introduce Crypto Services in UK
PayPal will soon allow its customers in the United Kingdom to hold, buy, and sell Bitcoin and other cryptocurrencies. Customers will be able to choose between Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. PayPal warned its customer base that crypto assets are considered volatile because of how much and how quickly …
Read More »Bitcoin Breaks 50k Barrier, Cardano Making Its Way up Fast
For the first time since the beginning of last May, Bitcoin, the largest cryptocurrency by value, succeeded in surpassing the $50,000 levels, which served as an important psychological resistance point for the bulls. According to analysts, testing the levels of $50,000 establishes new support levels above the $48,000 in an …
Read More »Cryptocurrencies Extend Gains amid Higher Demand
Cryptocurrencies are rising across the board with increased investors’ demand and news about investment inflows from institutions. Coinsbase reportedly plans to invest $500 million in cryptocurrencies and invest future returns in a portfolio of crypto assets. The world’s biggest and most famous cryptocurrency, Bitcoin, rose by about $3,228 or 7% …
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