The price of Bitcoin has continued its descending movement, sliding under the $55,000 threshold, returning back to levels last seen in February. Bitcoin’s BTC3.51%Bitcoin sell-off has intensified amid reports that the collapsed crypto exchange Mt. Gox moved over 47,000 BTC (worth around $2.6 billion) to a new wallet ahead of its $9 billion payout. At the time of writing,…
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Billionaire enterpeneur Peter Thiel says he still holds Bitcoin (BTC) and continues to support for the benchmark cryptocurrency. .Thiel has something else to say about Bitcoin – specifically about its price. The entrepreneur and founder of venture capital firm Founders Fund says that the price of Bitcoin may not rise as “dramatically” as many hope.…
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Cryptocurrencies jumped in total market cap and 24-hour trading volume on Monday, offering a price boon to several altcoins. CoinMarketCap data showed a 55% jump in daily trading volumes coincided with a 5% increase in the total crypto market cap, placing the entire market above a $2.5 trillion valuation. The move followed last week’s demand surge of spot…
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Pixels, Parallel, and Beam all set new peak prices this weekend as Gala, Ronin, and others outpace Bitcoin’s own gains. Prominent crypto tokens tied to video games and gaming chains have skyrocketed in value this weekend, with some hitting new all-time high prices and others rising to their highest point in years—all while Bitcoin The Gala…
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