Why did Bitcoin price fall?It was another quiet week in the cryptocurrency market. On Wednesday, January 10th, the Securities and Exchange Commission (SEC) approved applications for 11 spot Bitcoin ETFs. The next day, Bitcoin’s value fell, continuing to fall by more than 12% (since its two-year high of $48,600).Buy rumors, sell news.If you are not familiar with the proverb “Buy on the rumor, sell on the news” An expression commonly used in trading to indicate trends in securities. Prices rise due to anticipation of the event (rumor). after that Autumn after the actual incident (news). Bitcoin price fell following the…
Author: Crypto Flexs
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When you hear the word god of wealth, Bezos, Branson, Gates, and Musk come to mind. Never before in human history have so many people accumulated so much. What are the titans of this industry if not gods of wealth? I don’t know what to do with $220 billion of wealth, or Greece’s entire GDP. But I’m pretty sure they didn’t buy the social network and rename it X. BGaming’s God of Wealth Hold And Win slot doesn’t feature any of the modern giants of industry, but it still features eccentric characters with more money than sense. Welcome to Billionaires’…
The world of digital collectibles is witnessing a significant development with the introduction of former US President Donald Trump’s latest NFT collection. cast As Bitcoin ordinal. This move marks a significant shift in the NFT space by leveraging the robustness and longevity of the Bitcoin blockchain. Trump’s Bitcoin Ordinal Foray Donald Trump has continued to expand his presence in the digital collectibles market, launching several NFT collections starting in late 2022. The collection initially ran on the Polygon blockchain. But in a bold crossover, Trump’s latest Mugshot Edition collection is now integrated into the Bitcoin blockchain, offering “one-for-one Bitcoin ordinal…
In recent years, the cryptocurrency market has experienced significant growth, with Bitcoin and Ethereum leading the way. However, a new player has emerged that is revolutionizing the way we think about cryptocurrencies. This is JunkCoin. What is a junk coin? JunkCoin is a decentralized cryptocurrency that aims to provide a secure and private way to conduct transactions. It is built on unique blockchain technology that ensures fast and efficient transactions without intermediaries. This means users can send and receive funds without the need for a third party, making transactions safer and more cost-effective. Why JunkCoin is revolutionary One of the…
Friends, Leaves have fallen for those in the global north, Summer is on the way in the south, and ETH is staked across the globe. The jolliest of holidays has arrived, the birth of the beacon chain. Moreover, incredible progress has been made in recent months by all EF supported teams. But without the ability to interact in person recently, we might’ve missed quite a bit from one another. So as this unique year draws to a close, we’re excited to bring a whole host of detailed updates to you from some of the teams that help to move Ethereum…
The Virginia State Senate has introduced legislation that would address the mining and trading of digital assets along with their tax treatment. Senate Bill No. 339 (SB 339), introduced by Senator Saddam Azran Salim (34) on January 9, is currently being discussed in the Senate. If approved, it would be reviewed by the House of Representatives before potentially becoming law. Breaking news! Virginia introduces bill (SB339) to protect your basics. #Bitcoin Right to self-management, right to mine, right to operate nodes! https://t.co/4fnZEg6zCFThis legislation, introduced by Senator Saddam Salim, will continue to help lead Virginia toward innovation.And packaging…— Virginia Blockchain Council…
Elon MuskSpaceX, CEO of Tesla and owner of X (formerly known as Twitter), has spoken publicly. rejected report on him A.I (AI) Company, xAI. According to a recent claim from Bloomberg, xAI has secured $500 million in investor commitments to reach its $1 billion funding target. The report also speculated that xAI is discussing a valuation in the $15 billion to $20 billion range. However, Musk refuted these claims as inaccurate. In response to a social media post about the Bloomberg article, Musk said: decided, “This is simply not accurate.” The rejection comes amid ongoing discussions about xAI’s valuation and…
One widely respected analyst believes the Solana (SOL) rival is poised for a deep retracement after rising nearly 90% in just one month. Pseudonymous analyst Altcoin Sherpa told his 205,800 followers that the underlying asset of layer-1 blockchain Sei (SEI) looks ripe for a 30% retracement. According to the analyst, he feels “confident” that traders will have the opportunity to accumulate the altcoin at the 0.50 Fibonacci level around $0.48. “The reason is that the first 0.382 Fibonacci area around $0.58 was already tapped earlier and it had a strong reaction. That said, I think we’ll eventually see lower levels.…
join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has plummeted 5% over the past seven days as the king of cryptocurrencies trades. $41.5K 2 AM EST. This comes as spot Bitcoin ETFs recently approved in the U.S. have cumulatively attracted close to $4 billion in assets. The nine officially approved spot Bitcoin exchange-traded funds (ETFs) currently hold 95,000 Bitcoins. Latest: Nevertheless $GBTC After seeing outflows of -$590m on Friday, The Nine trumped them with +$623m (third-best day). $GO & $FBTC Both over $200 million $BTCO & $HODL It was my…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Investors are shifting their focus to Pushd (PUSHD), a new cryptocurrency in the pre-sale phase. Currently PUSHD is available for $0.075. Meanwhile, Monero (XMR), Cardano (ADA), Solana (SOL), etc. are struggling to attract new investors. Monero, Cardano, Solana lose ground Monero, Cardano, and Solana have been unstable as they face challenges over the past few months. Solana, Monero, and Cardano are solid. They were criticized for not reaching their full potential. Last week, ADA and XMR declined while SOL…