Bitcoin dumps 9% even as Central American leaders endorse the assetThe global crypto market cap is $1.46 trillion with a 24-hour volume of $137.32 billion. The price of Bitcoin is $32,150.50 and the BTC dominance is at 41.2%.
by Shaurya Malwa Bitcoin dropped 9% on Tuesday morning even as Central American leaders switched to ‘laser eyes’ this week, data from multiple sources shows. The sentiment is arguably bearish, as the dumps come off the back of nation-states moving to adopt the asset and analytics provider MicroStrategy announcing a $400 million private note round to acquire even more Bitcoin. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬WEF issues DeFi policy ‘toolkit’—and Columbia’s already planning to use itGlobal policy, business, and academic think tank the World Economic Forum (WEF) released its decentralized finance (DeFi) policy toolkit today, as per a release this morning. US crime watchdog FBI seizes $2.3 million worth of Bitcoin from hackersThe Department of Justice (DOJ) announced the recovery of ransom payments of 63.7 Bitcoin (BTC) valued approximately at $2.3 million, made by Colonial Pipeline to the group known as DarkSide. South Korea bans crypto executives from trading on their own platformsSouth Korea’s Financial Services Commission (FSC) announced restrictions for executive employees and exchange operators, preventing them from trading on their own platforms. Ethereum GAS prices fall below $1—here’s two reasons whyAccording to Etherscan, Ethereum’s average gas price has dropped to under $1. Ripple (XRP) asks court to impose deadline on the SEC to produce documentsIn the Securities and Exchange Commission (SEC) vs. Paraguay joins the crypto train, says ‘Bitcoin to the moon’Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] DeFi project Dfyn buzzes to $200m TVL, secures 3 major partnerships just weeks after launchDfyn Network, the multichain, low-fee automated market maker (AMMs) exchange, has become an IDO success story just weeks after launch, boasting over $200 million in total value locked, thousands of users, and partnerships or grants from top crypto projects. Bitcoin miners using hydropower asked to continue in SichuanBitcoin miners in China’s Sichuan province can continue their operations until September this year, local tech publication TechNode reported today. MicroStrategy announces a $400 million note to acquire more BitcoinBusiness analytics firm MicroStrategy announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of senior secured notes for the purpose of buying more Bitcoin, as per a release today. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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