Avalanche (AVAX) Co-Founder Predicts Bitcoin (BTC) Loses Its Supremacy – Here's When

Avalanche (AVAX) co-founder and CEO Kevin Sekniqi says he has a hard time imagining that Bitcoin (BTC) will be able to maintain its number one spot in the crypto markets. Sekniqi tells his Twitter audience that at some point in the next two decades, he thinks the top crypto asset by market cap will most The post Avalanche (AVAX) Co-Founder Predicts Bitcoin (BTC) Loses Its Supremacy – Here's When appeared first on The Daily Hodl.

Timeline of Avalanche, Bitcoin

Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k. Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021 As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp increase recently.

The Singapore-based non-profit organization Luna Foundation Guard (LFG) will loan out BTC and UST worth $1.5 billion, as part of its strategy to protect the stability of the UST against market volatility and maintain the stablecoin peg to the dollar. …

The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today's $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around. Furthermore, there's also the rare scenario that bitcoin's

BTC charted lowest daily close since July 2021 while the markets lost $300 billion in four days as we can see more today in our latest Bitcoin news today. BTC charted lowest daily close since 2021 July and most of the other altcoins continue to suffer more with massive price drops.

Japanese used car exporting company, SBI Motor Japan, has announced that its e-commerce site has begun accepting crypto payments. The post SBI's Japanese E-Commerce Site to Allow Crypto Payments With BTC, XRP appeared first on BeInCrypto.

Japan-based financial services company SBI Group announced today that its SBI Africa cross-border e-commerce platform, dubbed SBI Motor Japan, will start accepting Bitcoin (BTC) and Ripple (XRP) payments. SBI Motor Japan Adopts BTC and XRP The development makes SBI Motor Japan the first cross-border e-commerce platform in Japan to add XRP as a payment option.

Bitcoin price analysis is bullish today as we have seen a substantial drop until the $31,000 mark, where rejection is currently seen. Therefore, BTC/USD will likely regain some of the loss over the next days and look to set a lower high.

Bitcoin's price action has been quite a roller coaster especially in the last week or so, during which it turned heavily bearish. However, it is currently in a critical position that might determine whether it will continue tanking or register a recovery rally in the next few days.

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has

At this point, it is no longer news that bitcoin has now hit its lowest point in three months. The last time the digital asset had seen its price break below $34,000 had been in late January but had continued to hold up well after this.