The price of the leading cryptocurrency Bitcoin faced a deep correction from its all-time highs during early Asian hours on Friday. Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs....
Crypto users can pay Bitcoin to subscribe and watch movies, says streaming platform Movies Plus. In an announcement on Wednesday, the free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.” BREAKING 🚨 Movies Plus becomes the first streaming platform to accept Bitcoin! You can now pay...
Bitcoin (BTC) fell below weekly lows on Friday, reaching as low as $65,600 after hitting fresh all-time highs. However, market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend. Popular commentator On-Chain College, which boasts over 52k followers on X, noted that a 10% retracement in Bitcoin’s price is normal...
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series of daily installments of 100 BTC each....
It was revealed on Thursday that El Salvador has much more Bitcoin than previous estimates when President Nayib Bukele posted on X that the country has moved over 5,000 bitcoins worth over $400 million into a cold wallet. El Salvador’s Secret Bitcoin Stash: Over $400M Bukele’s latest move surprised many in the crypto community, as...
French Montana opted for a unique release strategy for his previously unreleased track “Bag Curious.” On March 14, the Mac & Cheese 5 account on X (formerly Twitter) announced that the song had been inscribed ont the Bitcoin blockchain. This marks an early example of a mainstream musician exploring blockchain distribution. The Mac & Cheese...
Nigeria’s Securities and Exchange Commission (SEC) amended the regulatory framework governing platforms offering cryptocurrency services on Friday, suggesting increased registration fees for crypto exchanges. Nigeria’s securities regulatory body is looking to increase registration fees for cryptocurrency firms by 400%, signaling a tightening stance on the sector. Nigeria’s SEC Proposes Substantial Fee Hikes for Crypto Exchanges...
Applied Digital announced on March 15 that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. In the announcement, the Nasdaq-listed mining company mentioned that the mining plant is in Garden City, Texas. The second quarter of 2024 is the expected date of completion for...
South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18. Per Yonhap, the event was hosted by the Seoul-based Financial Services Commission (FSC), South Korea’s top financial regulator. South Korean Regulators Aiming for International Crypto Cooperation? The FSC announced that...
The Bitcoin (BTC) price saw big swings on Friday, with droves of traders on both the bullish and bearish sides getting their positions wiped out as US spot Bitcoin ETF buyers continue to battle against profit-taking sellers. BTC began Friday’s session above $71,000 before selling off sharply during Asian trading session. Having dropped to as...