Cryptocurrency

Bitcoin fell 13% on Sunday, May 23, after the world’s largest and most popular cryptocurrency was subjected to further selling which led to a 50% drop from its highest level in a year. Bitcoin fell to levels of $32,601 during trading, and Ethereum, which is linked to the Ethereum blockchain, …

Bitcoin extended its losses on Friday, after China announced plans to crackdown on the digital currency. The Chinese Vice Premier, Liu He, announced plans by the government to crack down on Bitcoin’s mining and trading activities, as the Chinese Financial Stability and Development Committee announced earlier today that measurements against …

Cryptocurrencies are witnessing a correction wave with continuous declines, following recent surges to new record highs. Bitcoin is extending its losses, with the largest digital currency in terms of market capitalization, down by about 11% over the past 24 hours, trading near $38,300, extending its losses over the past seven …

Bitcoin continued to fall in a continuous wave of volatility for a week, retreating below the $40,000 barrier, as news of further restrictions on cryptocurrency transactions in China exacerbated previous concerns raised by tweets from Tesla President Elon Musk. Bitcoin fell, about 8%, to up to $ 38,700, to be …

Bitcoin rebounded on Monday, recovering from the lowest level for the cryptocurrency in about three months, after recent steep declines. The largest cryptocurrency in the world in terms of market capitalization was hit hard by the decision of Tesla, owned by billionaire and major supporter of digital currencies Elon Musk, …

Bitcoin fell more than 13% to trade at the $49,000 level after Elonmask announced that Tesla had stopped selling cars using the Bitcoin. CEO Elon Musk said in a tweet that Tesla has Accepting bitcoin in buying cars, fearing an increase in the use of fossil fuels in coin mining. …

Bitcoin maintained a negative trajectory on Monday, moving within a downward trend due to selling pressures. The world’s largest cryptocurrency in terms of market capitalization fell by more than 5% over the past 24 hours, extending its losses over the past seven days to about 2.5%. Bitcoin is currently trading …

The cryptocurrency Ethereum surpassed the level of four thousand dollars on Monday, reaching a new peak for the third consecutive session amid a bet on the possibility of a broadening of its use base, which supported other digital currencies as well. Bitcoin hit its highest level in three weeks, and …

Goldman Sachs is reportedly creating a new cryptocurrency trading desk, according to an internal memo first cited by CNBC. The desk has successfully traded two Bitcoin-linked derivatives, as per the cited memo, which was distributed on Thursday to the bank’s markets staff. The idea has been considered since 2017, when …

Cryptocurrency Ethereum is rising about 5%, breaching $3100 levels for the first time in its history The currency has recorded gains of about 323% since the beginning of this year, bringing its market value to about $354 billion