Breaking: El Salvador Buys 80 Bitcoin (BTC), Here’s How Prices Reacted

El Salvador President Nayib Bukele said the country purchased 80 Bitcoin on Friday amid a broader decline in the token’s prices. The South American country bought 80 Bitcoin at about $19,000 each, valuing the total transaction at $152,000. The bu…

Just In: Basel Committee Proposes Cap For Banks’ Bitcoin Holding

The Basel Committee on Banking Supervision issued its second consultation on the prudential treatment of the crypto asset exposure. One of its proposals seeks to set a cap for Bitcoin holding at 1%. Basel Committee divides crypto assets into 2 groups T…

Bitcoin Prices Can Reach This Level By End Of 2022; Reveals Deutsche Bank

Bitcoin, the world’s largest cryptocurrency has registered a price drop of over 57% in the past 90 days. Amid this downtrend, Deutsche Bank’s analysis suggests that BTC’s price can rally by 30% over the current level by the end of 2022. Bitcoin price d…

“People Mocking Saylor Will Regret”- Binance CEO

Earlier today, CEO of MicroStrategy Michael Saylor announced that his company had purchased another 480 BTC worth approximately $10 million, CZ of Binance reacted to this saying this was a great move. Here’s What Binance’s CEO Thinks About …

Pentagon Raises Damning Concerns Over Bitcoin, Ethereum Security

Pentagon’s research body, DARPA, commissioned a report to analyze the extent to which blockchains are truly decentralized. While focusing primarily on Bitcoin and Ethereum, Trail of Bits, the security company commissioned by DARPA, found evidence of ma…

This Crypto Winter Suite Could Help Investors In Bear Market

Swiss-based crypto products firm 21Shares on Wednesday said it has launched its Crypto Winter Suite to help investors survive bear markets in the volatile crypto market. The first product in the Crypto Winter Suite is the 21Shares Bitcoin Core ETP, whi…

Top Binance Exec To Keep Buying Bitcoin, But There’s A Catch

The world’s largest crypto exchange Binance and its executives have strongly supported Bitcoin amid its price fall under intense market pressure. Brian Shroder, CEO of Binance said buying Bitcoin and continue accumulating Bitcoin at dips, just li…

New Bullish Cycle Likely After Bitcoin Reaches This Level, Stats Show

After performing steadily around the $30,000 level for quite some time, Bitcoin had this month dropped as low as below $18,000. In the last one week, BTC managed to trade above the $20,000 range although it is yet to touch the $22,000 mark. However, th…

Digital Asset Investment Products Saw Net Outflows of USD 423 Million Last Week, Sell on Rise?

Last week, Bitcoin and the altcoin space showed signs of healthy recovery after a massive sell-off earlier this month. Cryptocurrency asset management firm CoinShares shared a report where it notes that digital asset investment products saw net outflow…

Bitcoin (BTC) Closes Below 200-WMA for the Third Consecutive Week, Time to Be Cautious?

The world’s largest cryptocurrency Bitcoin (BTC) has once again come under selling pressure and is currently trading 2.15% down at a price of $20,686 with a market cap of $394 billion. This is for the very first time that Bitcoin has formed a thi…