El-Salvador Experiencing the Loss of $40 Million Upon its Overall Bitcoin Holdings

El-Salvador was the first country to use Bitcoin as a legal tender, and accept the cryptocurrency for all kinds of transactions. To make it effective, the government had also released the new digital wallet app, crediting $30 in bitcoin to every citizen of the country. The wallet supports both BItcoin and the country's existing legal …

Timeline of Bitcoin

Bitcoin's single day recovery from the lows around $26,000 to beyond $31,000 raised hopes of the asset resuming with a strong uptrend. However, the fresh price slash in the early trading hours dragged the price back below $30,000. Additionally, the asset now displays some signs of weakness which may pave the way for the bear …

Last week, the crypto community was taken aback as the Central Bank of Argentina moved to prohibit retail banks from providing Bitcoin and cryptocurrency services. The post This is why the IMF hates Bitcoin appeared first on CryptoSlate.

Mark Mobius, a seasoned investor and co-founder of Mobius Capital Partners warned against buying the dip amid high volatility in Bitcoin's price. A meltdown in the cryptocurrency market could take the Bitcoin price dip to as low as $10,000 in near future, he was quoted as saying by Financial News.

Personal finance author Robert Kiyosaki says an entire generation of Americans is facing a future of unprecedented economic pain. In a new roundable on the state of global markets, Kiyosaki points to persistent inflation and shortfalls in social security and medicare funding as key factors that he believes will hammer a huge number of baby The post Rich Dad Poor Dad Author Delivers Alarming Economic Warning, Unveils All-In Price Target for Bitcoin appeared first on The Daily Hodl.

Recently, MicroStrategy's founder and CEO Michael Saylor explained why it is extremely unlikely that his firm will be forced to see any of its Bitcoin holdings. In a tweet published in the aftermath of Bitcoin falling below 50% from its last all-time price high, Saylor outlined MicroStrategy's $BTC position to investors. Saylor said the firm,

Terra founder Do Kwon has finally come public on Twitter after announcing the “Terra ecosystem revival plan.” Do Kwon says the team is currently working on using the Bitcoin reserves of Luna Foundation Guard (LFG) to rescue the Terra ecosystem.

Bitcoin and Ethereum have both dropped by almost 20 percent in the last seven days, with bitcoin selling near $30,000 and Ethereum near $2,000, respectively. Bitcoin and other cryptocurrencies have had a tumultuous week, partly due to macroeconomic uncertainty. The largest cryptocurrency by market cap has been fluctuating between $26,000 and $32,000 this week. On …

On May 14, top cryptocurrencies such as Bitcoin and Ethereum rose slightly as the market rebounded from recent losses. The worldwide cryptocurrency market capitalization is now $1.28 trillion, up 2.26 percent from the previous day.  The price of bitcoin fell to roughly $25,420 this week, its lowest level since December 2020. It remained stable below …

Japanese financial services company Nomura Holdings has rolled out Bitcoin (BTC) derivatives for Asian institutional clients. The post Brokerage giant Nomura starts offering Asian clients BTC derivatives appeared first on CryptoSlate.

Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief happening at $20K. Mark Mobius' Warning and His Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, warned crypto traders