$1.5 billion bitcoin investment in 2021 from Tesla resulted in a $101 million loss due to the first cryptocurrency’s devaluation. The value of the company’s bitcoin assets surged by over half a billion dollars at the same period. While owning BTC,…
A new cryptocurrency bitcoin (BTC) rally may begin much earlier than markets expect. This is evidenced by the drop in activity of cryptocurrency wallets with stablecoins, which may serve as an indicator of the future growth of the Bitcoin exchange rate.…
Contrary to investors’ disappointing start to 2022, the bitcoin exchange rate could increase by almost 400% in the second half of the year. This indicates that BTC retains its leadership position among virtual assets. This is stated in the report “Digital…
Dogecoin (DOGE), backed by billionaire Elon Musk, marked the past year as the most popular meme coin. DOGE, which entered the year in the $0.007 range, peaked at $0.73 in May. Dogecoin, which has increased its value by at least 100…
The cryptocurrency market has been waiting more than a year for the conclusion of the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). In a process that has been ongoing since December 2020, experts believe that Ripple is…
BTC (bitcoin) is proposed to be legalized as a legal tender in U.S. Arizona. Now this state may become the first to recognize cryptocurrency at the highest level, although it contradicts the U.S. Constitution. The proposal comes from Wendy Rogers, head…
India COVID-Crypto Relief, an Indian fund to help fight the coronavirus epidemic, has returned $100 million worth of Shiba Inu coins to Ethereum cryptocurrency creator Vitalik Buterin. In May 2021, the man donated funds to help in the fight against COVID-19.…
Amid the fall of the cryptocurrency market, including bitcoin, industry experts are increasingly talking about the onset of cryptowinter. A number of factors are leading to stagnation, including threats of a Russian attack on Ukraine, a coronavirus pandemic and regulatory attention…
Facebook founder Mark Zuckerberg’s ambitious cryptocurrency project Diem (formerly Libra) is under threat. The initiative may be sold to new owners, delaying Meta Corporation’s convergence with blockchain. Bloomberg reports this, citing its own knowledgeable sources. The Diem Association is already negotiating…
The family of the 45th President of the United States Donald Trump is going to sue the management of the cryptocurrency project TrumpCoin. It is a meme coin created in 2016 to support Trump in the election. Eric Trump called the…
The well-known cryptocurrency exchange Binance may have systematically violated its transparency policy. Journalists accuse the site of hiding information from regulators, disregarding anti-money laundering (AML) procedures as well as its own internal regulations. Lack of transparency According to the source, in…
The price of bitcoin has fallen below $35,000, its lowest level since last July. Ethereum and other altcoins fell along with BTC. BTC has lost 16.73% in the last 7 days and Ethereum has lost 23.75% in the same period. BTC…