Bitcoin trading volumes have collapsed in the past few days. According to data sourced from CoinGecko, daily Bitcoin trading volumes across major exchanges fell to as low as $14.5 billion on Monday, its lowest level since the 5th of March.
Bitcoin’s price has been on a rollercoaster ride over the past few weeks, with sudden spikes and dips causing uncertainty for investors. In a surprising turn of events, the cryptocurrency suddenly blasted up to $28,500 – leaving many wondering what was going on.
U.S. asset manager Fidelity Investments has decided to launch Bitcoin (BTC) trading for retail investors, catering to the needs of a growing number of the company’s clients.
Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter.
US-based blockchain infrastructure platform Paxos has secured a license as a Major Payments Institution from the Monetary Authority of Singapore. It is aiming to hire 130 people but could hire as many as 180, according to Bloomberg, citing Paxos co-founder and Paxos Asia CEO Rich Teo.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
During the Asian session, the Bitcoin price is on a bullish streak, rising more than 4% to $20,260. In contrast, Ethereum is on a tear, rising more than 10% in the last 24 hours to trade at $1,485.
Web3 is a back-end revolution and nothing that makes your webspace more likeable or interactive. Since the novelties happen at the level of the code, it is not easy for the user to grasp what a huge revolution it is.
On Tuesday some 48,000 bitcoins moved off Coinbase Pro, a favored exchange among institutional investors, according to data provider…
What is Bitcoin? Bitcoin is the first and most widely recognized cryptocurrency. It enables peer-to-peer exchange of…
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