El Salvador is buying 500 bitcoins while the cryptocurrency sell-off continues

El Salvador President Nayib Bukele gesticulated during his speech at the closing ceremony of the Latin Bitcoin Conference (LaBitConf) on Mizata Beach, El Salvador, where he announced “Bitcoin City” on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $ 15.5 million worth of bitcoin to its balance … Read more

El Salvador is buying 500 bitcoins while the cryptocurrency sell-off continues

El Salvador President Nayib Bukele gesticulated during his speech at the closing ceremony of the Latin Bitcoin Conference (LaBitConf) on Mizata Beach, El Salvador, where he announced “Bitcoin City” on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $ 15.5 million worth of bitcoin to its balance … Read more

Bitcoin briefly fell below $ 30,000, falling more than 56% from its highest level of all time

Bitcoin fell below $ 30,000 late Monday, breaking a symbolic price threshold. At the lowest price, the world’s most popular cryptocurrency was more than 12% lower that day – and more than 56% lower than the record price in November of about $ 69,000. It later recovered from some of those losses and traded at … Read more

40% of bitcoin investors underwater: Glassnode data

Bitcoin fell nearly 55% from its peak in November, and 40% of owners are now under water for their investments, according to new data from Glassnode. That percentage is even higher when you isolate for short-term owners who got skin in the game in the last six months when the price of bitcoin peaked at … Read more

Bitcoin is approaching $ 32,000 as cryptocurrencies are hit alongside Nasdaq stocks

Bitcoin fell below a key psychological level of $ 33,000 on Monday, just days after it touched $ 40,000 in a rally spurred by the Fed last Wednesday. The price of bitcoin last fell about 5% to $ 32,843.01, according to Coin Metrics. Earlier in the day, it fell to $ 32,650.25, the weakest amount … Read more

What is terraUSD (UST) and how does it affect bitcoin?

Pedestrians pass by the Bitcoin cryptocurrency exhibition on February 15, 2022 in Hong Kong, China. Anthony Kwan | Getty Images The multibillion-dollar bet that bitcoin can act as a “reserve currency” for the crypto economy is already being tested as the UST, a controversial stable coin, struggles to maintain its $ 1 bond. The UST … Read more

Bitcoin falls below $ 35,000 over the weekend, extending losses on Friday

Bitcoin is an unstable asset and is known to swing more than 10% higher or lower in one day. Jakub Porzycki Nurfoto | Getty Images Bitcoin continued to slide after a wider sell-off in the U.S. last week caused a frenzy in the cryptocurrency market and spurred bitcoin to fall by about 10%. Bitcoin, the … Read more

Bitcoin falls below $ 35,000 over the weekend, extending losses on Friday

Bitcoin is an unstable asset and is known to swing more than 10% higher or lower in one day. Jakub Porzycki Nurfoto | Getty Images Bitcoin continued to slide after a wider sell-off in the U.S. last week caused a frenzy in the cryptocurrency market and spurred bitcoin to fall by about 10%. Bitcoin, the … Read more

The SEC fined Nvidia $ 5.5 million for failing to report the sale of cryptocurrencies

Photography: Nvidia Nvidia, a maker of prehistoric graphics cards, has just been fined $ 5.5 million by the U.S. Securities and Exchange Commission for failing to disclose to investors what portion of its revenue in 2017-2018 is. came from crypto-miners. This $ 5.5 million is a settlement with the SEC “Inadequate disclosure of the impact … Read more

The SEC fined Nvidia $ 5.5 million for failing to report the sale of cryptocurrencies

Photography: Nvidia Nvidia, a maker of prehistoric graphics cards, has just been fined $ 5.5 million by the U.S. Securities and Exchange Commission for failing to disclose to investors what portion of its revenue in 2017-2018 is. came from crypto-miners. This $ 5.5 million is a settlement with the SEC “Inadequate disclosure of the impact … Read more