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Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset


After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K...

Bitcoin’s Legal in El Salvador – But Still Has a Mountain to Climb


ntroversy is already blighting the move, masterminded by the El Salvador President Nayib Bukele. Some claim that a clause in the new law that forces businesses to accept BTC as a form of payment if requested is an example of “strong-arm tactics.”In a bid to drive up the pace of adoption – and

ETH Decouples from BTC with Use Cases & Competition in Focus


e, with less price correlation between cryptoassets being a likely result. However, ETH is also facing increasing competition.Writing in a market intelligence report just this weekend, Philip Gradwell, Chief Economist at on-chain analytics firm Chainalysis, noted that ETH is an asset that “is

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