{"id":7101,"date":"2021-04-23T06:04:51","date_gmt":"2021-04-23T06:04:51","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=7101"},"modified":"2021-04-23T06:11:36","modified_gmt":"2021-04-23T06:11:36","slug":"bitcoin-price-falls","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/bitcoin-price-falls\/","title":{"rendered":"April 23 Daily report: Bitcoin price falls below $50,000, Litecoin Prepares For Fresh Bull Momentum, Bitcasino.io adds Cardano (ADA) token, PancakeSwap Approves \u201cBig Burn\u201d and Ethereum ETFs Get Off to $138 Million"},"content":{"rendered":"\n

Bitcoin price falls below $50,000<\/strong><\/h3>\n\n\n\n

Bitcoin’s<\/a> price has dropped below $50,000 on early Friday UTC time. The price continued to decline to below $49,000 and is changing hands around $49,500 as of writing, which represents an 8.46% drop over the past 24 hours on Coinbase Pro. The price drop follows news in the U.S. hours that President Joe Biden was said to propose increasing tax for the wealthy on capital gains by as much as 100%. Bitcoin<\/strong> is the first and most widely recognized cryptocurrency.<\/strong> It enables peer-to-peer exchange of value in the digital realm through the use of a decentralized protocol, cryptography, and a mechanism to achieve global consensus on the state of a public transaction ledger (blockchain). Let us look Bitcoin price falls below $50,000<\/strong>.<\/p>\n\n\n\n

Litecoin Prepares For Fresh Bull Momentum As Alt Season Cements <\/strong><\/h3>\n\n\n\n

Litecoin<\/a> is currently trading at around $283, gaining 5.59% in the last 24 hours. LTC bulls are looking to hold the key support level for the coin at around $257 to prepare it for a fresh momentum. LTC price had a rough week falling nearly 30% from its high of $333. A recent mining centre blackout in China left the cryptocurrency markets in the red the past few days.<\/p>\n\n\n\n

Bitcasino.io adds Cardano (ADA) token to its betting platform<\/strong><\/h3>\n\n\n\n

Bitcoin-led casino operator, Bitcasino.io, today announced it has added Cardano\u2019s ADA<\/a> cryptocurrency as a payment method, allowing its holders to enjoy the casino\u2019s wide range of games. The minimum deposit is 15 ADA and withdrawal is 30 ADA. At current trading prices, this puts the minimum deposit at around \u20ac14.<\/p>\n\n\n\n

PancakeSwap Approves \u201cBig Burn\u201d For CAKE, It Could Be Massively Bullish<\/strong><\/h3>\n\n\n\n

PancakeSwap\u2019s second iteration is also around the corner. CAKE holders will be able to profit. In a recent vote, PancakeSwap\u2019s community decided to approve a feature called the \u201cBig Burn\u201d. Therefore, after April 23rd \u201cGreat Migration\u201d the exchange will buyback and burn more CAKE \u201cthan ever before\u201d. Every trade in PancakeSwap v2 will \u201ccontribute\u201d to this mechanism.<\/p>\n\n\n\n

Ethereum ETFs Get Off to $138 Million Start So Far<\/strong><\/h3>\n\n\n\n

Three Ethereum<\/a> exchange-traded funds (ETFs) launched in Canada Tuesday. Available on the Toronto Stock Exchange, they have a combined trading volume of $138 million already. The world\u2019s first Ethereum exchange-traded funds (ETFs) began trading this week\u2014and got off to an explosive start. All in all, the trio of Canadian ETFs has racked up $138 million in trading volume so far. <\/p>\n\n\n\n

\"Crypto<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price falls below $50,000 Bitcoin’s price has dropped below $50,000 on early Friday UTC time. The price continued to decline to below $49,000 and is changing hands around $49,500 as of writing, which represents an 8.46% drop over the past 24 hours on Coinbase Pro. The price drop follows news in the U.S. hours…<\/p>\n","protected":false},"author":11,"featured_media":7106,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[728,727],"class_list":["post-7101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-728","tag-bitcoin-price-falls-below-50"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7101"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=7101"}],"version-history":[{"count":2,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7101\/revisions"}],"predecessor-version":[{"id":7105,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7101\/revisions\/7105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/7106"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=7101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=7101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=7101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}