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Spike in BTC Exchange Inflow Preceded Bitcoin Price Correction to $8.6K
On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital ... -
Louisiana Might Soon Offers a License to Bring Crypto Business Back
The state of Louisiana might soon pass a bill to offer licenses for crypto businesses to operate legally, according to a May 25 report. The bill was filed earlier this ... -
Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200
Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive ... -
Jobless South Korean University Graduates Are Increasingly Interested in Blockchain
Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that ... -
Is Blockstream’s Liquid Network an Attempt to Compete for Tokens with Ethereum?
At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items. While the game is developed ... -
As Bitcoin Falls to 2-Week Lows, Small Investors Look to Be Buying
With bitcoin’s price losing altitude again, small investors appear to be seeking exposure to the top cryptocurrency by market value. Prices fell by 9.8% last week to register bitcoin’s biggest ... -
Nearly $20 Million of BitMEX Longs Liquidated As Bitcoin Tumbles Below $8,800
Since NewsBTC’s last market update, the Bitcoin market has continued to flash signs of weakness. After managing to temporarily reclaim $9,000, the cryptocurrency started to plunge just minutes ago, falling ... -
“Rich Dad Poor Dad” Author Continues to Promote Bitcoin as Economy Worsens
Prior to the ongoing recession, there were skeptics saying that Bitcoin would perform poorly in one. When the stock market crashed at the end of 2018 due to the Federal ... -
Blockchain to Play Crucial Role in VR-Powered Social Media
Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain. Sensorium will participate in GBBC’s ... -
Africa Is Experiencing a Crypto Renaissance
Crypto adoption is making significant advances in Africa, with crypto ownership, trade volume, and regulation all moving toward greater adoption. A recent report by Arcane Research and Luno found that ...
