El Salvador president Nayib Bukele in a tweet thread has confirmed that the country has fully paid its $800 million Eurobond repayment due in January 2023. This is a major achievement for the country, especially after its “Bitcoin (BTC/USD) bet” that attracted a lot of criticism from the likes of the International Monetary Fund (IMF). … Read more
Today’s bitcoin price drop may have caught many by surprise especially since it comes after days of a sustained bullish trend. Bitcoin (BTC) jumped above $21 on January 14 and largely stayed above that level until yesterday night when it slipped below $21k again. Besides bitcoin, many other cryptocurrencies have been in red today making … Read more
MicroStrategy (NASDAQ: MSTR), the world’s leading enterprise analytics firm and the public company with the largest holdings of Bitcoin (BTC/USD), is not done buying the cryptocurrency. While the market has teetered on the verge of a major sell-off as prices oscillate at critical support levels amid crypto contagion, MicroStrategy appears to have tapped into the … Read more
Galaxy Digital Holdings Ltd. (TSX: GLXY), a leading digital asset focused financial services and investment management firm, is poised to acquire the Helios facility from cryptocurrency mining giant Argo Blockchain (LON: ARB) In an announcement on Wednesday, Galaxy revealed the acquisition would be for roughly $65 million and include all Argo-related operations at the Texas-based … Read more
Bitcoin (BTC/USD) continues to struggle around $17,000 since it traded sharply lower at the start of November amid the FTX implosion. The benchmark cryptocurrency is currently positioned near $16,826 on major crypto exchange Coinbase, having ticked down from intraday highs of $16,967. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz … Read more
Bitcoin (BTC/USD) accumulation is nearing a new milestone as the supply redistribution is carrying on. The BTC balance of accumulation addresses is reaching all-time highs. Billionaire tech entrepreneur Mark Cuban is bullish on Bitcoin, and El Salvador begins educating students on Bitcoin. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz … Read more
Urban dictionary defines “whale” as “in sales terms, a whale is a prospect that is significantly larger than an organisation’s average customer”. In cryptocurrency, a “whale” has come to mean a large holder of a particular coin. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. While Bitcoin is … Read more
With the crypto market down, BTC is near $20,000, and one of the biggest exchanges in all of crypto has collapsed. That’s why it’s no surprise that it’s been a tough few months for most projects. However, Metacade (MCADE) continues to shine. So why has MCADE continued to ascend while other projects have struggled in … Read more
Bitcoin (BTC/USD) soared more than 5% on Tuesday morning following better-than-expected Consumer Price Index (CPI) data. Data released by the US Labour Department showed that November’s CPI rose just 0.1% from October’s readings. The inflation gauge however showed a 7.1% reading year-on-year last month, against an expected 7.3%. Are you looking for fast-news, hot-tips and … Read more
Paxful CEO Ray Youssef wants to see more Bitcoin (BTC/USD) holders take control of their funds through self-custody. His advice comes at a time multiple crypto exchanges are trying to assure customers that their assets are safe with proof of reserves. But the Paxful founder is championing for self-custody, noting that publishing proof of reserves … Read more