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Bitpay Statistics Show the Use of Bitcoin for Payments Is Dwindling
18.1.2022
The use of bitcoin as a digital currency for payments has gone down significantly, according to the numbers stemming from Bitpay, one of the leading cryptocurrency payments processors. While most of the purchases were made with bitcoin back in 2020, this dominance has dwindled, opening the space...
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...
Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto
27.9.2021
The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market. Billionaire Investor Says...
Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative
11.6.2020
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence
Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business
15.2.2020
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due...
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...
Ethereum Classic Price Analysis: ETC Starts Dwindling; Is there Any Steep Movement Likely To Happen?
1.7.2019
Ethereum Classic (ETC) has shown five major price variations in the last 24 hours. The next resistance point may be found at 8.3 USD. Ethereum Classic has become a perfect example of a stable coin with no huge price swings. The coin has been successful in maintaining its price range in the last...
Bitcoin (BTC) Starts Dwindling, Experiences 5 Variations in 4 hours
24.6.2019
Bitcoin (BTC) faced 5 major price variations in the last 4 hours. The closing value is likely to be around $10,900. Bitcoin (BTC) is no doubt the hottest topic in the town. The way it got its value up high in the hills is commendable, and it has now become the 1st choice of many …
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Litecoin Price Analysis: Litecoin (LTC) Starts Dwindling; Four Price Variations in 24 Hours
21.6.2019
Litecoin has shown four price variations in the last 24 hours in the range of 1.5% to 2.1%. The 2019 target price needs to be set at 200 USD. Litecoin (LTC) has become a good place for speculators and intraday traders for the last few days. The coin has started showing huge price variations....