After many cryptocurrencies had seen a negative price development for a few weeks, a dramatic collapse has recently taken place.
There are many fraudsters in the crypto industry, but few are as bold as Jorg Molt. It’s said that he had stolen more than 1M euros with a Bitcoin Pension.
On-chain analysts assume that the coming drop at block 689,472 will be over 20% in around four days. So far, the biggest drops have been 5% and 16%.
The news that El Salvador made Bitcoin a legal tender (El Salvador doesn’t have its own national currency), was a big surprise, which caused quite a stir.
It has recently been announced that the American software company wanted to buy more BTC through a $500 million bond issue.
Why is Bitcoin going down? BTC price decrease is associated with power reduction of mining in China. Are there any other reasons to know?
MicroStrategy software company made an announcement that it will invest $488 million in Bitcoin from the proceeds of a private offer.
Goldman Sachs' commitment to Ethereum shouldn’t be underestimated. The big bank will start offering its customers Ethereum futures and options to trade.
What was regarded as a pipe dream a few years ago has now come true: Bitcoin is becoming an official currency in a country.
Why is cryptocurrency going down? Well, the recent fall in Bitcoin price was commented by a number of analysts.