El Salvador Has Bought Its First $10 Million of Bitcoin El Salvador has bought $10 million of Bitcoin(BTC), as revealed on the Twitter profile of the country’s president, Nayib Bukele. Bukele stated that the El Salvador government has purchased 200 BTC. The purchase was made in preparation for the country’s plans to make the cryptocurrency…
Bitcoin (BTC) Gives A Daily Close Above the Key Resistance, $55,000 In Sight As the altcoin space is looking for some consolidation after a strong rally, Bitcoin (BTC) seems to be gaining momentum. In the last 24-hours, the world’s largest cryptocurrency has gained nearly 4% moving past $51,500 levels. Bitcoin (BTC) gained nearly 8% over…
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches $655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the…
Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet Ethereum(ETH) started a steady increase and it cleared $3,400 against the US Dollar. ETH price is showing positive signs and it might accelerate further above $3,500. Ethereum started a steady increase above the $3,350 and $3,380 resistance levels. The price is now trading above $3,400 and…
Institutions remain bullish on Cardano and Ether while BTC outflows persist Ethereum(ETH) and Cardano(ADA) continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. Ether was the favored asset among…
Tezos (XTZ) price has gained 85% this month Tezos(XTZ) network is a self-amending blockchain that is capable of being upgraded over time without the need to undergo a hard fork. Altogether, the Tezos network has undergone seven successful upgrades since launching and three of them occurred in 2021. The most recent ‘Granada’ upgrade was implemented…
