Bitcoin

In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender. As the second country globally to recognize Bitcoin in such a fashion, the CAR followed in El Salvador’s footsteps. El Salvador has since boasted surging tourism numbers, a resilient economy and a healthy amount of free PR since allowing its citizens to make everyday purchases with the seminal cryptocurrency. The CAR, a substantially less economically developed… Source link

In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender. As the second country globally to recognize Bitcoin in such a fashion, the CAR followed in El Salvador’s footsteps. El Salvador has since boasted surging tourism numbers, a resilient economy and a healthy amount of free PR since allowing its citizens to make everyday purchases with the seminal cryptocurrency. The CAR, a substantially less economically developed… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: Yuichiro Chino/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link

Bitcoin price is prepared to break out of its triangle formation after establishing new support at the $16,800 level.  The cryptocurrency has attracted large wallet investors to its network with a new 100-week point of control below the $17,000 level.  Experts believe that the $16,800 level is the new potential bottom for the asset; this is where the most volume has been traded in the last 100 weeks. Bitcoin, the most significant asset by market capitalization,… Source link

Bitcoin, following the implosion of crypto exchange FTX, continues to struggle not only in terms of its trading price but also in its profitability. It can be recalled that the company, back in November 2022, moved to file Chapter 11 bankruptcy in a U.S. county court, and collapsed in just a matter of days. Bitcoin, being the main driving force of the crypto market, was greatly affected by this unfortunate development and eventually exited 2022 with a value that was significantly lesser… Source link

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Dubai, United Arab Emirates–(Newsfile Corp. – January 7, 2023) – Sell Bitcoin in Dubai becomes the leading crypto OTC to buy and sell Bitcoin in Dubai. Visitors are more interested in selling bitcoin in Dubai at the shop. One trend in the cryptocurrency market in recent years has been the increasing number of institutional and individual buyers entering the space. These customers are looking for new opportunities to diversify their portfolios. One of the key challenges for those parties in… Source link

Dubai, United Arab Emirates–(Newsfile Corp. – January 7, 2023) – Sell Bitcoin in Dubai becomes the leading crypto OTC to buy and sell Bitcoin in Dubai. Visitors are more interested in selling bitcoin in Dubai at the shop. One trend in the cryptocurrency market in recent years has been the increasing number of institutional and individual buyers entering the space. These customers are looking for new opportunities to diversify their portfolios. One of the key challenges for those parties in… Source link

Most people don’t think about the Federal Reserve very often, and only a select few contemplate the effects that the U.S. central bank has on investors. But over the past few years, that’s begun to change. Many economists and keen market watchers are making the case that years of loose monetary policies from the Fed and other central banks following the Great Financial Crisis (GFC) helped create an “everything bubble”—and now it’s popping. The everything bubble idea isn’t… Source link

Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView All eyes on CPI Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it briefly passed the $17,000 mark the day prior. The pair had seen flash volatility on the back of fresh economic data from the United States, this nonetheless fading to leave the key level “unflipped” as… Source link