El Salvador President Nayib Bukele Announces Countries To Discuss Bitcoin

Late Sunday night, El Salvador President Nayib Bukele announced on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday, May 16, to discuss financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout and its benefits in the country. In follow-up tweetthe president announced that the … Read more

Bitcoin tumbles, a stablecoin plunges in wild week in crypto

NEW YORK (AP) — It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. Here’s a look at some major developments in cryptocurrencies this week: Bitcoin The price of bitcoin dropped to … Read more

Over a trillion dollars wiped out of cryptocurrency market

> Over a trillion dollars wiped out of cryptocurrency market – YouTubeΣχετικά μεΤύποςΠνευματικά δικαιώματαΕπικοινωνήστε μαζί μαςΔημιουργοίΔιαφήμισηΠρογραμματιστέςΌροιΑπόρρητοΠολιτική και ασφάλειαΤρόπος λειτουργίας του YouTubeΔοκιμάστε νέες λειτουργίες .

Terra Collapse Teaches About ‘Crypto’ And Bitcoin

Terra is crumbling. The blockchain project home to the popular algorithmic stablecoin TerraUSD (UST), which had recently become the fourth-largest stablecoin by market value but now sits at fifth, is near collapse as UST repeatedly fails to sustain its $1 peg and LUNA, the blockchain’s native token, near zero. Terraform Labs, the tech start-up behind … Read more

Bitcoin (BTC) price falls below $27,000 as crypto sell-off intensifies

Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies. Jaap Arriens | NurPhoto | Getty Images Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a controversial stablecoin project. The price of bitcoin plunged … Read more

Bitcoin prices plunge along with stocks

New York CNN Business — So much for bitcoin being digital gold. The world’s most valuable cryptocurrency was down 10% Monday after plunging again over the weekend. Bitcoin prices have now plummeted nearly 20% in the past week. At a price of just below $31,000, bitcoin is more than 50% below its record high of … Read more

Coinbase CEO Issues Stunning Crypto Prediction As The Price Of Bitcoin And Ethereum Suddenly Soar

Bitcoin BTC and ethereum, the two largest cryptocurrencies by a considerable margin, boast hundreds of millions of users around the world after a huge price explosion in recent years. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price soared to almost $70,000 per bitcoin … Read more

Berkshire Hathaway vice chair labels bitcoin ‘stupid’ and ‘evil’

Berkshire Hathaway Vice Chairman Charlie Munger said bitcoin was “stupid” and “evil” during his company’s annual shareholder meeting on Saturday. “In my life, I try to avoid things that are stupid, and evil, and make me look bad in comparison to someone else, and bitcoin does all three,” Munger said at the meeting in Nebraska, … Read more

Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

Bitcoin has been steadily gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite a shift in public perception … Read more

5 things to know for April 27: Ukraine, Covid-19, Recession, Bitcoin, LGBTQ rights

Here’s what you need to know to Get Up to Speed ​​and On with Your Day. (You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.) 1. Ukraine Amid escalating tensions with Western powers, Russia has cut off gas supplies to Poland and Bulgaria after they refused … Read more