The cryptocurrency market has won back some losses after the fall at the beginning of the current week. Bitcoin fell to $20,900 last Tuesday but rebounded quickly as support strengthened in the $21,000 area. At the time of publication of this review, BTC was trading at $21,248. In weekly terms, the...
The fall in the value of bitcoin below $30,000 occurred after a large amount of cryptocurrency entered the exchanges. The IntoTheBlock report states that since May 11, a total of about 40,000 BTC have been sent to trading platforms. As a result of a massive reset, the largest digital currency...
Glassnode analysts drew attention to the changing tactics of users of cryptocurrency exchanges. At the beginning of the week, it became known that bitcoin miners are reducing the sale of coins and moving on to accumulating them. Now experts said that, on average, exchange users send up to 2,000 BTC...
After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...
Along with bitcoin, the largest altcoin ether (ETH) also suffers losses this week. The coin on the night of Thursday, May 20, fell in price to $ 2,571. ETH was last traded at this level on April 22 of this year. Cryptocurrency capitalization decreased over the day by almost 25% to $ 295.867...
The administration of the BitMEX cryptocurrency exchange decided to significantly reduce the time required to verify users. Said Ben Radcliffe, the commercial director of the parent company of the exchange 100x Group. According to the shortened schedule for the implementation of the plan to improve...
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