El Salvador's Bitcoin experiment sees slow adoption, but crime reduction
Two years after El Salvador adopted Bitcoin as legal tender, adoption remains low as citizens question the cryptocurrency's benefits, according to former Ethereum core developer Lane Rettig. In a recent talk at EthCC 2023, Rettig provided an update on El Salvador's Bitcoin experiment he first discussed in 2021.
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XRP Surges to Frontline in Altcoin Showdown, Leaving Bitcoin Behind - UToday
In a recent report, smart data portal Kaiko reveals that open interest in altcoins is currently outpacing that of Bitcoin (BTC). The driving force behind this significant shift is the recent ruling in the long-standing SEC lawsuit against Ripple, which has had a resounding impact on market dynamics.
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales Report - Bitcoin
Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing back above $1,900.
Bitcoin Dominance Rises in Solid Q2 Performance, Altcoins Struggle - Bitcoinworld
Bitcoin has showcased a strong performance in the second quarter of 2023, gaining market dominance against struggling altcoins, according to CoinGecko's industry report. Despite market fluctuations, Bitcoin (BTC) and Ether (ETH) continued to build upon their gains from Q1, while other major altcoins, such as Binance Coin (BNB), XRP, and Cardano (ADA), experienced double-digit losses.
If You Had Invested $100 in Bitcoin When It Crashed by 84% in 2013, You Might Be Able to Clear Your Student Debt Loans Today - Benzinga
Back in April 2013, Bitcoin (CRYPTO: BTC) experienced the downside of its own success as investors flocked to this exciting new opportunity that was making waves in mainstream media. What Happened: The trading activity became so intense that Mt.
First Mover Americas: Investors Pile Into Bitcoin ETPs Following BlackRock ETF Filing - Coindesk
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin (BTC) Targets $31,300, Here's What Can Push It Up, Analyst Says - UToday
Crypto analyst and trader Ali Martinez has published a tweet saying that he spotted a buy signal on a Bitcoin chart. He has explained what the flagship cryptocurrency needs to do now in terms of technical analysis in order to regain its position above the $30,000-$31,000 levels.
Spencer Schiff Flips Bearish on Bitcoin, Touts AI Innovations as the Future - BeInCrypto
Spencer Schiff, who has often pushed Bitcoin as the strongest crypto, is turning bearish on the king coin. The son of prominent economist Peter Schiff has made a surprising turn after being an outspoken critic of his father's skepticism of Bitcoin.
Bitcoin Halving Looms: Analysts Speculate on Potential Price Surge to $40,000-$50,000 - Bitcoinworld
As the highly anticipated Bitcoin block reward halving approaches, set to occur around April 24, 2024, the crypto community is abuzz with speculation about the potential impact on the cryptocurrency's price.
Bitcoin sees $140M inflows as crypto investment products hit $2.3B weekly - CryptoSlate
Digital asset investment products saw a fourth consecutive week of inflows totaling $137 million, as reported by CoinShares. The past month's combined inflows of $742 million represent the most extensive continuous inflows since late 2021.
Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst - NewsBTC
In a recent newsletter by renowned analyst CryptoCon, a groundbreaking indicator known as the “Bitcoin DXY correlation coefficient” has captured the attention of the community. This indicator, which measures the correlation between Bitcoin and the U.S. Dollar Index (DXY), has shown remarkable accuracy in predicting Bitcoin's price movements and signaling the beginning of bull market parabolas.