Bitcoin / 629 posts found
El Salvador’s Bitcoin experiment ‘resembles’ a government digital currency, says ex-central banker
Bitcoin Andrés Arauz doesn’t fit the bill of a typical former central bank director. Just 37 years old, the Ecuadorian economist and politician is a member of the left-wing Progressive International party and recently joined the privacy infrastructure company Nym as a special adviser—returning to the private sector after coming within a few hundred thousand votes of the Ecuadorian presidency in 2021. While his counterparts at central banks across the world fret over the rise of digital currencies, Arauz has long been an advocate. During the global financial crisis in 2009, he helped design a state-managed digital money system […]
As Bitcoin Loses $19,000, Crypto’s Hopes Rest on the Ethereum Merge
Key Takeaways Bitcoin has slid below $19,000 for the first time since June. The cryptocurrency market has looked rocky for weeks despite a relief rally over the summer. Crypto traders and investors are anticipating Ethereum’s upcoming “Merge” event, but it may not have the immediate impact people have been hoping for. Ethereum’s highly-anticipated “Merge” is set to ship next week, but even that may not be enough to stop Bitcoin and the rest of the crypto market from bleeding. Bitcoin Sends Crypto Market Tumbling As is a tradition in the crypto market, September has got off to a rocky start […]
Is a Bitcoin Bull Run Closer Than We Think?
Bitcoin By Mark Hunter 1 day agoTue Sep 06 2022 07:52:18 Reading Time: 2 minutes A Bitcoin bull run may be closer than we think A chart that has foretold the past two bull runs is flashing ‘buy’ again Are we on the verge of price reversal? With all the talk of imminent economic doom and gloom, you’d be forgiven for thinking that all markets, including crypto, are in for a retraction in line with their huge expansion in recent years. However, all the talk is not necessarily translating into price action, and one long term Bitcoin chart suggests that […]
Investors Continue Buying Bitcoin Dip as Price Drops Below $19,000
The number of BTC wallets holding between one and ten BTC has risen to an all-time high as bitcoin drops below $19K. Bitcoin briefly dipped to a nine-week low of $18,917 on Sep. 6, 2022, triggering a buying spree that saw the number of wallets holding 1-10 BTC surge to over 750K. The previous low was on July 3, 2022, when the price hit $18,780. The number of addresses holding between one and ten bitcoin has been on a steady rise since the BTC price dropped below $50,000 in late Dec. 2021 and early Jan 2022. Source: IntoTheBlock Massive liquidations […]
The List Of Big Gainers For 2022 End Will Likely Include Uniglo (GLO), The Sandbox (SAND) And Chiliz (CHZ)
Bitcoin Bitcoin is following its four-year cycle. The macro bottom will arrive in Q4, and following this, Bitcoin will begin a new rally. When Bitcoin moves to the upside, altcoins rally hard and fast. With Meta announcing that users can post NFTs from digital wallets, the digital asset space is witnessing mass adoption never seen before. The next bull run is likely to be unlike any prior cycle. With the new developing trend of use case tokens, Uniglo (GLO), The Sandbox (SAND), and Chiliz (CHZ) are expected to be amongst the top gainers for 2022. Uniglo (GLO) Uniglo is an […]