Category: Bitcoin News

Bitcoin (BTC) Price Spikes Following Feds agreement to increase interest rates

Bitcoin (BTC) has surged, courtesy of the Feds decision to increase interest rates. The cryptocurrency soared closer to $40,000, and is still sustaining gains at press time. Asides from the big bull’s rise, the entire cryptocurrency market has reacted to the news, as the overall market records a 5% spike.  Feds interest rate hike On […]

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Terra Buys Another $1.5 Billion Worth of Bitcoins, Stablecoin TerraUSD Enters Top Ten List

The Luna Foundation Guard, the parent organization behind the Terra blockchain, has purchased another $1.5 billion in Bitcoins. The recent purchase comes when Bitcoin (BTC) is down by 5% at press time and trading at around $37,000. The latest BTC purchase brings the Luna Foundation Guard closer to its goal of acquiring $10 billion worth […]

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Elon Musk To Sell Shares To Fund Twitter ; Will His Crypto Holdings Be Affected?

Tesla’s shares fell 5.56% on Tuesday as rumors emerged that Musk would be selling off some of his extensive holdings of the company’s shares to help fund his Twitter purchase, per data from the Lead Lag report. More recently on April 29, it was confirmed that Musk had sold about $8.5 billion worth of Tesla […]

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Bitcoin (BTC) and Crypto Market Tank 5% Once Again But ‘Buy the Dip’ Interest Spikes

Bitcoin and the broader cryptocurrency market have once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday, April 26. The world’s largest cryptocurrency has failed to hold above $40,000 and is currently down 5.30% trading at a price of $38,403 with a market cap of $730 billion. However, BTC could […]

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Central African Republic Becomes the First in Continent to Adopt Bitcoin (BTC)

Despite strong volatility and price correction this year in 2022, Bitcoin (BTC) continues to see increasing global adoption. As per the latest reports, the Central African Republic becomes the second country after El Salvador to make Bitcoin (BTC) a legal tender. Binance CEO Changepeng Zhao also tweeted regarding the same. The Central African Republic adopts […]

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