This is Why Bitcoin (BTC) Price Will Experience Choppy Actions in Coming Months

Early on May 7, cryptocurrencies were trading in the red. The worldwide crypto market capitalization is $1.65 trillion, down 0.92 percent from the previous day. The overall crypto market volume over the last 24 hours has decreased by 17.85 percent to $93.61 billion. The overall volume in Defi is currently $9.81 billion, accounting for 10.48% …

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The performance of the global crypto market has begun to improve as the new gains for it have helped it strengthen its value. The new changes helped relieve the ongoing bearish situation as Bitcoin and some others have gradually reduced their losses.

Bitcoin (BTC) was basically unchanged on Friday, settling at $36,000. In comparison to yesterday's steep price drop, the cryptocurrency has traded with less volatility in the last 24 hours. The price of Bitcoin is falling, which is forcing the rest of the crypto market to plummet as well. Now that Bitcoin has fallen below $37,000, …

Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company's decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans' retirement savings,” the lawmakers wrote.

As Mexican billionaire Ricardo Salinas continues to explain bitcoin from the private jet perspective, Bitcoinist's companion piece to the interview continues the job we started here. Or, it might even have been here.

Terra's commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST.

Here is a brief look at how some of the major crypto mining companies fared in the markets on Friday. The post Bitcoin mining stock report: Friday, May 6 appeared first on The Block.

US trading giant Robinhood is adding two cryptocurrency-related products to its lineup for retail investors. Investment asset manager Greyscale announced that the firm's traditional investment vehicles for both Bitcoin (BTC) and Ethereum (ETH) are launching on the Robinhood trading app. There's two new ways to access crypto on @RobinhoodApp. You can start trading $GBTC and The post Trading App Giant Robinhood Lists Grayscale Bitcoin (BTC) and Ethereum (ETH) Stocks appeared first on The Daily Hodl.

The Luna Foundation Guard, a non-profit mandated to build reserves for Terra's algorithmic stablecoin UST, has bought $1.5 billion worth of the flagship cryptocurrency Bitcoin ($BTC) to add to its reserve, which is now above $3.21 billion. As CNBC reports, the transaction brings the Luna Foundation Guard closer to its goal of accumulating $10 billion in

Public blockchain Terra (LUNA) is resuming its Bitcoin (BTC) shopping frenzy even as the cryptocurrency markets experience a roller coaster of price action. Luna Foundation Guard (LFG), the non-profit organization built to support Terra, announces that it just bought nearly 38,000 Bitcoin by way of over-the-counter (OTC) swaps with Genesis Capital and Three Arrows Capital The post Terra (LUNA) Backer Continues Bitcoin-Buying Spree, Acquires Another $1,500,000,000 in BTC appeared first on The Daily Hodl.

Data shows liquidations in the crypto futures market have amounted to around $500 million over the past day as the price of Bitcoin plunges below $36k. About $500 Million Liquidated In Crypto Futures Over Last 24 Hours In case anyone's not aware of what “liquidations” are, it's best to first see a basic overview of