Bitcoin continued its rally on Monday, surging to its highest level in about three months. Recent news has reassured investors in crypto-assets and improved their appetite for digital currencies, allowing Bitcoin to recover some of its recent losses. The world’s largest cryptocurrency in terms of market capitalization is up for …
Read More »Amazon Denies Accepting Bitcoin
Amazon has denied reports that it accepts payments in cryptocurrency and bitcoin. There was news about the company opening jobs on blockchain development, accepting cryptocurrencies as a form of payment. The cryptocurrency rose strongly to the psychologically important level of $40,000, but the company quickly denied this news, dropping Bitcoin …
Read More »Amazon Negates Bitcoin Rumors as Bezos Focuses on the Moon
Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …
Read More »Bitcoin Jumps After Amazon Headlines
Cryptocurrencies rallied strongly today, with Bitcoin surge during the morning by more than 15%, on news that Amazon may be adding cryptocurrencies as a payment method. Elon Musk tweeted that this is the “big bang.” The e-commerce giant is reportedly hiring experts for blockchain and cryptocurrency payments among the latest …
Read More »Ethereum Jumps After Elon Musk Confirms He Owns The Cryptocurrency
The price of Ethereum soared Wednesday, July 21, after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at The B Word, an event hosted by the Crypto Council on Innovation. Ethereum, which was already rising on the day, reached its session highs after Musk’s comments. Musk also …
Read More »Bitcoin Recovers from Lowest Level in a Month
Cryptocurrencies rebounded on Wednesday, recovering from a recent sell-off wave, as Bitcoin restored its level above $30,000. The world’s largest cryptocurrency in terms of market capitalization rose as high as $32,765 earlier today, on the back of improved risk sentiment among investors. Bitcoin is up by about 6.5% trading at …
Read More »Crypto Assets Saw an Outflow of Capital at The Beginning of H2
Data from digital asset management Coinshares showed on Monday that crypto funds and products saw an outflow of capital at the start of the second half of the year, with an atmosphere of caution continuing amid a summer slump in trading. There were net inflows of $4 million from digital …
Read More »Cryptocurrency Trading volumes fell 40% in June.
Research has found that trading volumes on major cryptocurrency platforms fell by more than 40% in June amid regulatory restrictions in China and a lack of volatility was one of the factors affecting the activity. Data from London-based research firm CryptoCompare showed that spot transaction volumes fell 42.7% to $2.7 …
Read More »Bitcoin Returns to Losses on Independence Day
Bitcoin declined on Monday by about 5% to $33,857, erasing most of its recent gains, amid relatively thin trade with the U.S. on a holiday with a long weekend, celebrating Independence Day. The world’s biggest cryptocurrency in terms of market capitalization dropped by 41% during the second quarter (Q2) of …
Read More »Cryptocurrency Plummets After Digital Dollar Headlines
Bitcoin, the largest digital currency, fell at these moments of trading on Monday, and during 24 hours, by about 3.7%, to $34.2. While the second-largest digital currency, Ethereum, ETH/USD, fell by about 2.7% to levels of $2.27 thousand, while its market value is about $264.8 billion. DOGE/USD is down about …
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