After huge selling of Bitcoin in the trade market last week, Bitcoin took a dive below $30,000. In the meantime, Ethereum has reached it’s new highest setting a record for itself. It seems, that the second largest cryptocurrency is leading crypto market prices instead of the crypto leader. Since the last day, Bitcoin’s prices have…
Last Week, after surging above $40,000 apiece, Bitcoin went on to be traded for as low as $29,900 approximately. Later on, recovered some of its position and went on to be traded for around $32,000. Crypt Analysts were calling the $32k mark as very important for Bitcoin. They said that that in order to secure…
Kyber Network (KNC) has recently made an announcement that is going to be a new milestone for the platform in DeFi universe. Kyber Network is known as a prominent aggregator and an exchange platform that is based on the decentralized infrastructure. The firm has announced that it is planning to overhaul its platform with an…
Due to the worldwide shortage of chips, the production of systems used in mining Bitcoin has choked. The sector is mostly dominated by China. With the increase in demand for cryptocurrency computer equipment prices in China have also surged. The current soaring in computer prices is cashing out small scale miners and concentrating big industrial…
On Friday dropped below $30,000 while starting the day from around $32,600 per coin. As per the charts, Bitcoin went down to be traded for as low as $29,284. However, it did regain its footing and was standing back on around $31,150 the very same day. The slump occurred only two weeks after it set…
On Wednesday, Bitcoin was on a downward slope and its value descended to be traded as low as $34,295. Bitcoin lost about 7.8% of its value within a matter of 24 hours. Bitcoin’s value fluctuated around $35,000 in the trade market on Wednesday. However, until the end of the day recovered some of its value…
Biden has selected Janet Yellen to lead the Treasury Department under its administration. Yellen stated that cryptocurrencies are a “particular concern” in countering terrorism. She believed that due to its decentralized nature crypto could very easily be used to fund terrorists. Yellen gave this statement during her hearing for confirmation at the Senate. She replied…