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Tag: Bukele

El Salvador Is Now Over 31% Down on Its Bitcoin Bet

Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper...

Market Analysis Report (24 Jan 2022)

Salvador Invests $15 Million in Bitcoin During Market Dip | Decentralized Exchanges Slash Trading Fees | SEC Rejects MicroStrategy’s Bitcoin Accounting Adjustment

Is it really wrong to say Bitcoiners ‘do not care’ about Bitcoin’s price drop

Bitcoin’s price crash has set many investors panicking as they perhaps question their investment strategies and the health of their portfolios. For his part, investment analyst Anthony Pompliano claimed that though Bitcoin’s price performance might look worrying, Bitcoin miners and Bitcoiners “do not care.” However, this is quite a reductive analysis, as the situation is […]

This Week on Crypto Twitter: HODLers Joke Through Bitcoin Bloodbath, Twitter Tries Ethereum NFT PFPs

Amid the price carnage this week, Crypto Twitter turned to jokes and memes, and mocked a DAO that was confused about IP.

Turkey’s President Expected To Swallow Bitcoin’s Red Pill After Meeting With El Salvador’s Bukele

The "Death Of The Lira" Is Fueling A Massive Spike In Bitcoin, USDT Activity In Turkey
El Salvador’s leader recently met with the Turkish President.  Amid talks of cooperation and investment, it is likely that the issue of Bitcoin might later be broached by Turkey’s government.  A landmark Turkish crypto legislation is on the horizon for the European nation. El Salvador’s government revealed president Nayib Bukele paid a visit to Turkey’s […]

How Should A Nation State Hold Bitcoin?

HODLing the keys of a nation state might not be simple, but it's the first step to monetary freedom for countries.

Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM

BTC is oversold and possibly ready for a relief bounce, but this could be a trap for altcoins and Bitcoin if bull volume fails to sustain.

Bitcoin Price Analysis: This Descending Trendline Breakout Is Must to Keep Bitcoin Bull Run Intact

The continuous sell-off in the crypto market has wiped off more than $1 trillion in value. The BTC price has also dropped below the $40000 support, threatening more fall in the upcoming session. El Salvador president Nayib Bukele has purchased more 410 Bitcoin at around $36500 price, which is worth $15 Million. Key technical points: 

The post Bitcoin Price Analysis: This Descending Trendline Breakout Is Must to Keep Bitcoin Bull Run Intact appeared first on CoinGape.

El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months

El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in MonthsEl Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador Buys the Dip The president […]

Bitcoin (BTC) Price Prediction: BTC/USD Continues Bearish Run as Bitcoin Pauses above $34.6k

BTC Price In a Deeper Correction as Bitcoin Pauses above $34.6k – January 22, 2022 Bitcoin’s (BTC) price has continued its downtrend as Bitcoin pauses [...]

Bitcoin Accumulation Addresses Hit All-Time High As Nation-States “Buy The Dip”

Bitcoin's Massive Accumulation Phase Shows Where Price is Headed
Key Takeaways BTC accumulation addresses skyrocket to an all-time high even as the Bitcoin exchange balances plunge.  The nation of El Salvador has been part of those accumulating. Market pundits are expecting a positive bounce due to these metrics.  Amid the broader bear market, Bitcoin still has some bullish on-chain metrics going for it. In […]

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