El Salvador purchases more bitcoin worth $15 million on market dip


El Salvador has now bought at least 1,801 bitcoins, based on what we know from President Nayib Bukele's tweets. The post El Salvador purchases more bitcoin worth $15 million on market dip appeared first on The Block.

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Bitcoin Price To Consolidate Within $34K -$32K In Coming Week Or Drop Below $30k? - CoinPedia

The bearish cartel has capitulated the entire crypto-space and almost all the assets have dropped significantly. The global market capitalization has dropped more than 11% for the second consecutive day, which is now feared to drop below $1.5 billion, if the plunge continues for another day. In such cases, consolidation appears to be the best …

El Salvador purchases additional 410 Bitcoin for $15 million - CryptoSlate

Bitcoin-centric Central American country, El Salvador, has taken advantage of the ongoing bear market to buy 410 units of Bitcoin for around $15 million. The post El Salvador purchases additional 410 Bitcoin for $15 million appeared first on CryptoSlate.

Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy - Bitcoin

The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week


Will Liquidations From Futures Market Take BTC Price To $32K This Weekend? - CoinPedia

The first month of 2022 has been turning merciless for the crypto business, as the market continues to fall off from the cliffs. Digital assets from the crypto directory have shedded more gains than the previous. Wherefore, the market cap of the industry now hovers around $1.64 Trillion, bearing a loss of 10.17% over the …

Top Crypto Analyst Updates Outlook on Bitcoin, Says This Is When the Correction Could End - The Daily Hodl

A popular crypto analyst is looking at past Bitcoin (BTC) downtrends to plot out a potential recovery timeline for the ailing cryptocurrency. In a new strategy session, Benjamin Cowen tells his 695,000 YouTube subscribers that liquidation events with high volume have historically signaled that a support level has been found and Bitcoin can surge to The post Top Crypto Analyst Updates Outlook on Bitcoin, Says This Is When the Correction Could End appeared first on The Daily Hodl.

Thunderpick Launching the First-Ever Esports Tournament Series With a Prize Pool in Bitcoin - CoinPedia

The Thunderpick Bitcoin Series is an online event that officially starts on the 17th of January with a CS:GO tournament that will last until the 7th of March. Other CS:GO and Dota 2 tournaments within the Thunderpick Bitcoin Series are expected later in 2022. The first tournament of the Series will host top CS:GO squads …

Microstrategy's BTC Accounting Method Gets Rejected By The SEC - DCForecasts

Microstrategy's BTC accounting method got rejected by the SEC which would have allowed it to avoid using impairment for Bitcoin so let's find out more in today's latest Bitcoin news. Microstrategy was trying to avoid claiming BTC impairment losses which are able to shrink the company's reported value.

Bitcoin Plunges Below $36,000 With $680M Liquidated In 12 Hours - DCForecasts

Bitcoin plunges below $36,000 with $680 million being liquidated in 12 hours with the rest of the market continuously dumping so let's read further in our latest bitcoin news. The recent market correction doesn't seem to be a one-time thing since the entire crypto space was covered in red once again.

El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm - AMBCrypto

It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia's announcement of a possible crypto trading and mining ban has put pressure on the market, SEC's rejection of two more physically-backed Bitcoin ETFs wasn't good news either.

BTC On-Chain Analysis: 99% of Short-Term Holders Reporting Losses – Bullish Signal? - BeInCrypto

In today's on-chain analysis, BeInCrypto looks at the positions of short-term holders (STH) of Bitcoin. In the current environment, 99% of new market participants are experiencing a loss.