The sharp drop in Bitcoin has deeply affected El Salvador, which gained global attention by declaring BTC as its official currency. President Nayib Bukele’s high-risk crypto strategy has caused volatility in the country’s debt markets and heightened investor concerns. Bukele made history as the first leader to make Bitcoin a legal tender alongside the US
New York — Bitcoin BTC$65,503.53 isn’t just a hedge against inflation, according to $ARK Invest CEO Cathie Wood, but against something more disruptive: deflation driven by technological acceleration. In a conversation with Anthony Pompliano at Bitcoin Investor Week in New York, Wood argued that traditional financial systems are unprepared for a coming “productivity shock” powered
Bitcoin BTC$66,988.52 has fallen back to the low end of its recent trading range during late-morning U.S. trading hours on Thursday as the tech-heavy Nasdaq tumbles 1.6%. Trading at $65,700, bitcoin is now lower by 1.5% over the past 24 hours, while ether ETH$1,961.10, just above $1,900, is down more than 2%. The bitcoin price
In today’s newsletter, Joshua De Vos, head of research at CoinDesk, summarizes their latest crypto ETF report covering U.S. adoption, the speed at which it’s happening and asset concentration. In Keep Reading, we link to the U.S. and Global ETF reports for those who want to do a deeper dive. – Sarah Morton Digital assets
While still in the capitulation zone, history shows that Bitcoin is approaching levels at which it reaches its price bottom and begins to recover. This would come as a relief to diamond-handed users who have held through the several months of price correction. Notably, $BTC has been in a 4-month downtrend, and all indications point
Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Summary Rising channel support and 0.618 Fibonacci converge near the $64,400–$65,000 zone Local downtrend likely persists until stronger support is tested Bullish volume at support could spark a
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Transak has completed its integration with MegaETH, enabling users to purchase $ETH directly on the high-speed Layer 2 network using standard fiat payment methods. Transak, the web3 payments infrastructure provider, announced its full integration
Ripple and Stellar Lead the Charge in Transforming Cross-Border Payments Top crypto researcher SMQKE notes that only Ripple ($XRP) and Stellar ($XLM) are effectively offering DLT to correspondent banking infrastructures, positioning them to transform the more than $100 trillion cross-border payments industry. Cross-border payments, long slowed by multiple intermediaries, high fees, and delayed settlements, are
ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,