『 Bitcoin Prices Bounce Back After Reaching 2-Week Low 』
Bitcoin prices have rallied in the last few days. Analysts pointed to several variables when explaining these latest gains. Which factors played the biggest role in causing these price increases?
『 El Salvador President Calls For A Volcanic Geothermal Bitcoin Mining Plan 』
Nayib Bukele, the President of El Salvador, instructed the country’s geothermal electrical company, LaGeo, to put together a plan for establishing Bitcoin mining facilities. This comes just after El Salvador became the first country to consider Bitcoin legal tender.
『 These Are The 12 Biggest Fundraising Rounds In Crypto And Blockchain History 』
As bitcoin continued to shatter records through the last few months, over $1 billion worth of funding flowed into leading companies in the crypto and blockchain space. Solana’s nine-figure private placement token sale is the fourth biggest round in history.
『 Bitcoin Bubble Will Pop When Investors Recognize Bitcoin’s Huge Negative Impact On The Climate 』
In February 2021, as the price of Bitcoin neared $50,000, investors were enthusiastically asking if its price would reach $100,000 in 2021.
『 China’s Crypto Crackdown Intensifies With New Mining Ban And Censorship—But Bitcoin Is Rallying 』
Overlooking the Chinese regulatory concerns, bitcoin prices are surging 15% Wednesday amid historic adoption in El Salvador.
『 How Low Can Bitcoin Go? 』
With the bubble popped, bitcoin will be extremely volatile. Use moving averages and these value levels, pivots and risky levels to capture the choppy trading patterns for bitcoin.
『 Bitcoin Is The Alternative To The US-China Great Power Conflict 』
Bitcoin was intended as an independent hedge that would not rely entirely on government fiat, like the commodities and coins of old, such as salt currencies, that remained region-specific before the wholesale implementation of fiat by force.
『 El Salvador Makes History As World’s First Country To Make Bitcoin Legal Tender 』
Businesses will have to accept the cryptocurrency or the U.S. dollar for goods and services in 90 days time.
『 A Break Of $30,000 Would Make Bitcoin Vulnerable To A Bigger Slide 』
Over the weekend, a big bitcoin event was held in Miami that included a lot of dogmatic commentary (typical of bubble markets).