The hyperinflation, the collapse of the local banking system, and the significant depreciation of the currency prompted numerous Lebanese residents to embrace cryptocurrencies, including stablecoins. Some locals have also focused on bitcoin mining since they […]
Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node throughput is limited for Bitcoin (BTC) withdrawals. In […]
The US is struggling to admit that the economy is in recession. That’s despite a recent warning by the World Bank that the US, China, Eurozone, and other major economies are sharply slowing into recession […]
For many years, Ethereum reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. […]
Over the past few days, Bitcoin’s price attempted to recover and increased from below $29,000 to slightly above $32,000 on Tuesday. Unfortunately, the buyers weren’t convincing enough, and bears intercepted the recovery, pushing the price […]
Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency. The Purpose Bitcoin ETF, launched in February 2021, has been seeing a consistent […]
Amidst the market-wide chaos, it is the mid-sized Bitcoin holders that have held on to the old investment adage of “buy the dip.” Data suggested that entities holding less than 100 BTC in their wallets […]
Bitcoin’s (BTC) RSI has turned bullish in the daily and weekly time frames, but the price action has yet to catch up with this trend reversal. Bitcoin created another small bearish candlestick during the week […]
El Salvador President Nayib Bukele has clarified that the nation’s Bitcoin law only mandated Bitcoin acceptance among large corporations, rather than small merchants. When the law took effect, its contentious Article 7 hadn’t actually been […]
Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Stocks correlation offers no comfort to BTC bulls […]
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