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Bitcoin tumbles to 18-month low

The world’s top cryptocurrency, Bitcoin, has dropped below the $20,000 threshold for the first time since December 2020, trading data shows. The coin had plunged around 13.7% over a 24-hour period as of Saturday afternoon to a low of $17,593, its weakest level in 18 months. It did then manage …

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Largest crypto exchange halts Bitcoin withdrawals

The world’s largest cryptocurrency exchange, Binance, has temporarily halted Bitcoin withdrawals “due to a stuck transaction causing a backlog,” CEO Changpeng Zhao said in a tweet on Monday. Zhao tried to reassure users that their funds were safe and the problem was only impacting the Bitcoin network. The Binance team …

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Bitcoin plunges to 18-month low

The world’s top cryptocurrency, Bitcoin, slid below $25,000 per token on Monday morning, plunging more than 43% so far this year from nearly $49,000 in March. At 08:15 GMT, it was trading at $24,800 per coin, down 9.8% for the day. Bitcoin has been declining for nearly 12 straight weeks …

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First African nation adopts Bitcoin as currency

The world’s most popular cryptocurrency – Bitcoin – has become legal tender in the Central African Republic. Lawmakers unanimously voted to adopt Bitcoin alongside the country’s traditional currency, the CFA franc, and the country’s President signed the measure into law on Wednesday, the president’s office said in a statement. The …

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How to buy Bitcoin

In order to buy bitcoin and not lose money, you need not only to choose a proven method of purchase, but also to make sure that there are no excessive commissions, take into account a number of other important aspects. Both beginners and experienced investors are not immune from mistakes. …

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How to invest in bitcoin

Back in 2008, bitcoin seemed like an abstract idea, but now many people understand that it can significantly increase their capital. Every year its rate only grows, which is why this cryptocurrency is called the digital gold standard.Since bitcoin attracts more and more attention from not only ordinary users, but …

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Bitcoin billions for Russia if it regulates crypto – report

Russia could collect up to 1 trillion rubles ($13 billion) per year by regulating and taxing cryptocurrency transactions, analysts for the government believe, according to Moscow-based news outlet The Bell. The report follows intense debate in Russia over how to deal with cryptocurrency, with some suggesting it should be completely …

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US state may make bitcoin legal tender

US Senator Wendy Rogers has introduced a bill to make bitcoin legal tender in Arizona this week. With the bill, SB 1341, the Senator is seeking to amend the list of currently accepted legal tender to include bitcoin. This would allow the use of the digital token for the payment …

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Bitcoin drops 50% of its value

The world’s biggest digital asset, Bitcoin, fell as low as $34,042.78 on Saturday, marking a drop of 7.2%. It has recovered most of those losses, and was trading at $35,445 at 14:19 GMT. Other cryptocurrencies saw declines as well, with Ethereum down 12%. Solana and Cardano each dropped at least …

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