It’s the rise in Bitcoin nomadism. The appeal of Bitcoin nomadism has risen in popularity over the last few years as the growth in the Bitcoin economy has enabled more people to choose their own adventure around the world, taking advantage of bitcoin’s phenomenal rise in purchasing power. We see more services catering to Bitcoiners who want to receive sats…
The cryptocurrency market has been in freefall in recent weeks. Per CoinGecko, Bitcoin and Ethereum are down 9.6% and 14.2% in the last seven days. Other prominent cryptocurrencies—like Solana and Dogecoin—are also firmly in the red, plunging 19.7% and 12.3% during the last week, respectively. Alongside leading cryptocurrencies, companies that have made big bets on crypto are also struggling. Microstrategy—which…
The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40K while Ether (ETH) also lost $3K support. At a time when crypto proponents are debating whether the crypto market has entered…
Tesla and SpaceX boss Elon Musk took a swipe at Twitter for launching a new feature that allows users to use NFTs from their crypto wallets and add them as their profile pictures. The billionaire entrepreneur tweeted on Friday that the latest initiative was “annoying” and criticized the social media giant for failing to clean the platform of spambots that…
The advent of NFT games has transformed the video gaming landscape overnight, adding an economic component to gaming. With games now incorporating scarce virtual items as NFTs, it’s possible to offer players rewards that have real-world value. That’s created a new class of player—the play-to-earn gamer, who’s able to monetize their time in-game. It’s even enabled gamers in some countries…
Bitcoin (BTC) could well continue falling in the short term now that $40,000 support has disappeared, fresh analysis warns. In its latest market update on Friday, trading suite Decentrader analyst Filbfilb raised concerns that the day’s $290 million in liquidations was not enough to avert a fresh tumble. Next stop $33,000 if leverage unwinds After reversing at $38,250 overnight, BTC/USD…
Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On the brighter side, decentralized finance (DeFi) will continue to expand and adapt, with DAO governance eventually becoming a major driver…
Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip Erdoğan welcomed his Salvadoran peer Nayib Bukele in the capital of Turkey to talk about a number of topics. While Bitcoin failed to be a talking point, it did not stop the Twitter rumor mill from going…
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down 7.5% to $1.94 trillion. Bitcoin…
Two far-right extremists who allegedly received Bitcoin before the Capitol Hill riot have been issued with subpoenas by the U.S. government. Source: https://decrypt.co/90913/jan-6-us-committee-hits-rioters-subpoenas-bitcoin-donations
