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Bitcoin
El Salvador Still Benefitting From Big Bitcoin Bet Says Finance Minister
The finance minister of El Salvador has defended the country’s Bitcoin strategy, highlighting the benefits that it has provided.
In an interview on July 27, Alejandro Zelaya said that the implementation of Bitcoin as legal tender has…
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Nigerians Rush to Buy Bitcoin Amid Economy Collapse (Report)
The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked a…
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Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed: "Appropriate" to keep hiking after JulyData…
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Metaverse Project Genso Closed Beta Test Date and Details Released – Press release Bitcoin News
press release
PRESS RELEASE. Metaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test.
Details are as follows
■ Closed Beta Test Period:
Starts: July 28, 2022 12:00 -(UTC+8)
Ends: TBA
■ How to…
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Bitcoin (BTC) Reaches Weekly Close Above $20,000 Despite Some Weekend Weakness
Bitcoin (BTC) is showing signs of a potential local bottom due to bullish readings in the weekly and daily time frames.
The Bitcoin price movement during the week of July 17-24 was notably bullish. BTC reached a high of $24,276, but…
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Elon Musk Selling or Buying Bitcoin Doesn’t Mean Much, Says Binance CEO
Binance CEO CZ Zhao does not think anyone selling or buying Bitcoin can fundamentally impact the asset – even including Tesla CEO Elon Musk. To demonstrate his faith in the primary cryptocurrency, CZ said he is still…
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Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has…
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Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack – Defi…
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a…
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Bitcoin (BTC) Reaches Crucial Long-Term Moving Average
Bitcoin (BTC) has broken out from a long-term descending resistance line and is in the process of reclaiming its 200-week moving average (MA).
Throughout its price history, the 200-week MA has acted as the price bottom for bitcoin…
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Thai Crypto Exchange Zipmex Suspends Customer Withdrawals
The Thailand-based cryptocurrency platform – Zipmex – froze clients’ withdrawals citing volatile market conditions. It remains unknown when the company will restore the service.
The latest firm in the cryptocurrency…
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