Despite the fear, this on-chain proponent expects EOY Bitcoin price of $300,000The global crypto market cap is $1.52 trillion with a 24-hour volume of $94.69 billion. The price of Bitcoin is $35,487.73 and the BTC dominance is at 43.8%.
by Samuel Wan It’s coming up to two months since Bitcoin peaked at $65,000. Since then, significant dips have seen a 55% drop in price at the lowest point. For the past three weeks, BTC has formed a trading range of between $31,000 to $40,000. But the lack of strength in any upward price swings has cast doubt on whether we are still in a bull market. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Community reacts after Dfinity token ICP loses 80% of its value since MayA little over a month ago, crypto enthusiasts woke to a new project on the top 10 rankings of cryptocurrencies by market cap in the form of the Internet Computer Protocol (ICP). How ‘Flashbots’ fighting MEV extraction help the Ethereum networkFlashbots, a research and development organization backed by Paradigm, is focused on fighting the downside of current miner extractable value (MEV) extraction strategies. All these Latin American countries want to adopt Bitcoin…and quickMexican senators, Eduardo Murat Hinojosa and Indira Kempis, may have a lead in the Bitcoin (BTC) legalization race, but there is still a lot that could happen before the next legal tender status announcement. Mexico’s government officials are already prepared to propose crypto regulation before the Chamber of Deputies, while Panama officials are preparing to […] This DeFi app helps you access the liquidity of staked Polkadot and KusamaA new protocol by Bifrost, a new Polkadot Ecological DeFi basic protocol, solves a core problem of the Kusama (KSM) and Polkadot (DOT) ecosystems, one the community has voiced ever since the two projects went live. Algorand could soon process up to $800 million in healthcare costs in BermudaMAPay, a global healthcare technology firm with a focus on decentralized payment networks, will use Algorand to issue a stablecoin for facilitating over $800 million worth of healthcare-related costs in Bermuda, as per a development this past week. Dutch economic advisor calls for a Bitcoin banAn official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. ‘Covid Alien’ CryptoPunk NFT sells for $11.8 million at historic auction houseA single ‘CryptoPunk’ non-fungible token (NFT) sold for over $11.8 million at the legendary American auction house Sotheby’s yesterday, as per a report on Reuters this morning. 4 major challenges cryptocurrency continues to face in 2021While it’s true that cryptocurrency is something investors no longer shy away from, the general public has yet to fully trust it as a replacement for credit cards and cash. IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoptionThe International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. 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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