I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxed by car hire companies (fortunately my car of choice was not Fiat); stubborn restauranteurs, a parking meter, pupusas, and a fancy dress shop where I was obliged to purchase a multicoloured wig with a $5 bill, I could not survive in “Bitcoin Country” on Bitcoin… Source link
Read More »Yearly Archives: 2022
‘Forget a pivot’ — markets won’t see Fed rate cut boost in 2023, says analyst
Bitcoin (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says. In a Twitter thread on Dec. 20, Jim Bianco, head of institutional research firm Bianco Research, said that the Federal Reserve would not “pivot” on rate hikes next year. Bianco: Japan YCC move “matters for all markets” In light of the surprise yield curve control (YCC) tweak by the Bank of Japan (BoJ), analysts have become all the more bearish on the prospects for… Source link
Read More »3 reasons why BNB price risks another 30% decline by January
BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. BNB triangle breakdown continues From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle’s maximum… Source link
Read More »3 reasons why BNB price risks another 30% decline by January
BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. BNB triangle breakdown continues From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle’s maximum… Source link
Read More »ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps. Bitcoin also rose on the news, climbing closer to $17,000 Bitcoin Bitcoin (BTC) moved closer to the $17,000 level on Tuesday, as traders reacted to the latest Bank of Japan policy decision. Source link
Read More »Sparklo (SPRK) to Become the Best Investment for 2023 … – Analytics Insight
2022 is not the best year for cryptocurrency investors. The investors who got into the crypto world before 2022 were able to get outstanding results. Investors thought that 2022 would treat them in the same way as well. However, things didn’t go quite well as they had anticipated. Solana (SOL) and Monero (XMR) investors are starting to lose faith in their investments and are looking to invest in Sparklo. Monero (XMR) Value Dropped By A Considerable Margin Monero (XMR) is focused on helping… Source link
Read More »Takeaways From The Africa Bitcoin Conference – Bitcoin Magazine
This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs. The inaugural Africa Bitcoin Conference (ABC) took place earlier this month in Accra, Ghana. Some events in your life are so impactful that you find it hard to get back to a day-to-day reality after you go through them. My visit to this event was one such experience. Images throughout courtesy of official ABC photographer Nana Twum. Pre-Conference Orange Pilling On The Beach For some time now, I’ve been… Source link
Read More »If You Invested $20 in Bitcoin in 2015, Here’s How Much You’d Have Now
Crypto may be feeling a bit down this year, but it’s had quite the upward climb over the years. Sure, the cryptocurrency market’s volatility can be a wild ride, but for patient investors, it can also be a source of opportunity. In fact, if you had the foresight to invest in Bitcoin (BTC 0.70%) back in 2015, you’d be sitting on a pretty impressive stack of cash right now — even if your first Bitcoin buy was tiny. Let’s take a look at just how much you could have made by taking a humble… Source link
Read More »Cryptocurrency’s wild roller-coaster ride: A look back at 2022
Cryptocurrency has always been volatile, says one economics expert who spoke with ABC News. But 2022 was a stomach-churning, roller-coaster ride for investors and major players in the market. The prices of popular cryptocurrencies plummeted throughout 2022. Moreover, some cryptocurrency companies and their founders are facing bankruptcy and even the threat of imprisonment. A representation of bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. Dado Ruvic/Reuters,… Source link
Read More »Litecoin (LTC) Surpasses Shiba Inu (SHIB) in Market Cap By CoinEdition
Litecoin (LTC) Surpasses Shiba Inu (SHIB) in Market Cap (LTC) surpasses (SHIB) in terms of global market cap. LTC has now ranked fourteenth with SHIB just $60 million away from its throne. The team at LTC has even tweeted a meme to celebrate the success. As per the data from CoinMarketCap, Litecoin (LTC) has now surpassed Shiba Inu (SHIB) in terms of global market capitalization. LTC is currently ranked fourteenth as per the data. The current market cap of LTC stands at $4.66… Source link
Read More »